Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,502,533
Government Grants
73%
Contributions
17%
Other
6%
Investments
4%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,848,879
Grants
43%
Salaries & Benefits
37%
Offices, Occupancy & IT
13%
Other
3%
Fees to Service Providers
2%
Depreciation
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$701,479
$429,172
-39%
Government Grants
$1,670,042
$1,819,702
+9%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$82,833
$101,988
+23%
Other
$113,744
$151,671
+33%
Total Revenues
$2,568,098
$2,502,533
-3%
Expenses
2023
2024
Change
Grants
$1,106,370
$803,120
-27%
Benefits to Members
$0
$0
-
Salaries & Benefits
$656,948
$678,660
+3%
Fees to Service Providers
$64,264
$37,115
-42%
Advertising & Promotion
$17,223
$12,884
-25%
Offices, Occupancy & IT
$289,723
$234,552
-19%
Interest
$93
$0
-100%
Depreciation
$20,151
$34,935
+73%
Other
$29,106
$47,613
+64%
Total Expenses
$2,183,878
$1,848,879
-15%
Net income
2023
2024
Change
Net income
+$384,220
+$653,654
+70%
Functional Expenses
Summary
2023
2024
Change
Program
$1,826,943
$1,506,017
-18%
Admin
$265,009
$248,847
-6%
Fundraising
$91,926
$94,015
+2%
Total Expenses
$2,183,878
$1,848,879
-15%