Income Statement

Fiscal Year: 2024
Revenues in 2024
$7,550,583
Government Grants
73%
Contributions
18%
Investments
9%
Other
<1%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,406,703
Salaries & Benefits
45%
Fees to Service Providers
18%
Offices, Occupancy & IT
17%
Grants
12%
Other
6%
Interest
2%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,242,157
$1,352,573
+9%
Government Grants
$6,096,960
$5,532,221
-9%
Fundraising Events
$0
$0
-
Program Services
$6,500
$2,000
-69%
Membership Dues
$0
$0
-
Investments
$732,263
$659,679
-10%
Other
$5,715
$4,110
-28%
Total Revenues
$8,083,595
$7,550,583
-7%
Expenses
2023
2024
Change
Grants
$452,044
$766,943
+70%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,995,609
$2,903,259
-3%
Fees to Service Providers
$893,443
$1,176,434
+32%
Advertising & Promotion
$15,706
$3,116
-80%
Offices, Occupancy & IT
$1,027,084
$1,075,114
+5%
Interest
$0
$102,056
-
Depreciation
$13,716
$18,288
+33%
Other
$438,370
$361,493
-18%
Total Expenses
$5,835,972
$6,406,703
+10%
Net income
2023
2024
Change
Net income
+$2,247,623
+$1,143,880
-49%
Functional Expenses
Summary
2023
2024
Change
Program
$4,655,466
$4,919,169
+6%
Admin
$751,147
$970,058
+29%
Fundraising
$429,359
$517,476
+21%
Total Expenses
$5,835,972
$6,406,703
+10%