Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$1,675,135
Government Grants
92%
Other
7%
Investments
<1%
Program Services
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,119,627
Offices, Occupancy & IT
35%
Salaries & Benefits
33%
Fees to Service Providers
19%
Interest
9%
Other
4%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$120,000
$49
-100%
Government Grants
$2,424,718
$1,541,558
-36%
Fundraising Events
$0
$0
-
Program Services
$1,906
$7,925
+316%
Membership Dues
$0
$0
-
Investments
$199
$12,418
+6140%
Other
$39,646
$113,185
+185%
Total Revenues
$2,586,469
$1,675,135
-35%
Expenses
2023
2024
Change
Grants
$89,880
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$240,639
$371,392
+54%
Fees to Service Providers
$103,133
$209,841
+103%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$230,423
$393,675
+71%
Interest
$74,717
$97,030
+30%
Depreciation
$696
$2,822
+305%
Other
$45,365
$44,867
-1%
Total Expenses
$784,853
$1,119,627
+43%
Net income
2023
2024
Change
Net income
+$1,801,616
+$555,508
-69%
Functional Expenses
Summary
2023
2024
Change
Program
$747,181
$1,063,644
+42%
Admin
$13,112
$11,198
-15%
Fundraising
$24,560
$44,785
+82%
Total Expenses
$784,853
$1,119,627
+43%