Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$4,589,896
Contributions
89%
Government Grants
7%
Investments
4%
Program Services
<1%
Membership Dues
<1%
Fundraising Events
0%
Other
0%
Expenses in 2024
$6,572,297
Grants
75%
Other
9%
Salaries & Benefits
8%
Fees to Service Providers
5%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,737,499
$4,083,758
+49%
Government Grants
$0
$312,437
-
Fundraising Events
$0
$0
-
Program Services
$22,589
$24,065
+7%
Membership Dues
$4,200
$4,400
+5%
Investments
$8,276
$165,236
+1897%
Other
$0
$0
-
Total Revenues
$2,772,564
$4,589,896
+66%
Expenses
2023
2024
Change
Grants
$654,858
$4,946,346
+655%
Benefits to Members
$0
$0
-
Salaries & Benefits
$480,675
$539,651
+12%
Fees to Service Providers
$296,878
$353,688
+19%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$62,062
$105,503
+70%
Interest
$0
$0
-
Depreciation
$4,635
$25,838
+457%
Other
$417,700
$601,271
+44%
Total Expenses
$1,916,808
$6,572,297
+243%
Net income
2023
2024
Change
Net income
+$855,756
-$1,982,401
-332%
Functional Expenses
Summary
2023
2024
Change
Program
$1,659,539
$6,185,075
+273%
Admin
$257,269
$387,222
+51%
Fundraising
$0
$0
-
Total Expenses
$1,916,808
$6,572,297
+243%