Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$9,332,986
Government Grants
53%
Contributions
25%
Program Services
9%
Other
7%
Investments
7%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$13,295,408
Salaries & Benefits
55%
Fees to Service Providers
23%
Grants
13%
Other
7%
Offices, Occupancy & IT
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,097,405
$2,313,526
+10%
Government Grants
$2,925,619
$4,950,958
+69%
Fundraising Events
$0
$0
-
Program Services
$1,138,564
$800,952
-30%
Membership Dues
$0
$0
-
Investments
$616,483
$627,567
+2%
Other
-$197,913
$639,983
-423%
Total Revenues
$6,580,158
$9,332,986
+42%
Expenses
2023
2024
Change
Grants
$1,938,031
$1,681,142
-13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,277,692
$7,318,775
+17%
Fees to Service Providers
$2,956,054
$3,028,031
+2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$273,654
$338,484
+24%
Interest
$0
$0
-
Depreciation
$2,109
$2,607
+24%
Other
$808,089
$926,369
+15%
Total Expenses
$12,255,629
$13,295,408
+8%
Net income
2023
2024
Change
Net income
-$5,675,471
-$3,962,422
+30%
Functional Expenses
Summary
2023
2024
Change
Program
$8,693,713
$9,835,182
+13%
Admin
$3,561,916
$3,460,226
-3%
Fundraising
$0
$0
-
Total Expenses
$12,255,629
$13,295,408
+8%