Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$7,032,203
Program Services
53%
Government Grants
45%
Investments
2%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$6,062,473
Salaries & Benefits
56%
Other
35%
Depreciation
8%
Offices, Occupancy & IT
1%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$361,098
$0
-100%
Government Grants
$2,600,712
$3,182,648
+22%
Fundraising Events
$0
$0
-
Program Services
$3,225,608
$3,737,880
+16%
Membership Dues
$0
$0
-
Investments
$27,631
$111,675
+304%
Other
$0
$0
-
Total Revenues
$6,215,049
$7,032,203
+13%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,246,787
$3,398,670
+51%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$70,134
$0
-100%
Offices, Occupancy & IT
$60,482
$76,484
+26%
Interest
$0
$0
-
Depreciation
$304,061
$477,121
+57%
Other
$1,972,145
$2,110,198
+7%
Total Expenses
$4,653,609
$6,062,473
+30%
Net income
2023
2024
Change
Net income
+$1,561,440
+$969,730
-38%
Functional Expenses
Summary
2023
2024
Change
Program
$4,189,941
$4,984,961
+19%
Admin
$463,668
$1,077,512
+132%
Fundraising
$0
$0
-
Total Expenses
$4,653,609
$6,062,473
+30%