Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$627,483
Contributions
53%
Government Grants
32%
Other
10%
Investments
3%
Program Services
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$426,579
Salaries & Benefits
46%
Other
24%
Offices, Occupancy & IT
8%
Depreciation
8%
Fees to Service Providers
6%
Grants
5%
Advertising & Promotion
2%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$383,921
$332,599
-13%
Government Grants
$83,078
$202,653
+144%
Fundraising Events
$6,759
$0
-100%
Program Services
$13,364
$9,742
-27%
Membership Dues
$0
$0
-
Investments
$14,688
$20,336
+38%
Other
-$3,941
$62,153
-1677%
Total Revenues
$497,869
$627,483
+26%
Expenses
2023
2024
Change
Grants
$17,000
$22,500
+32%
Benefits to Members
$0
$0
-
Salaries & Benefits
$282,129
$197,013
-30%
Fees to Service Providers
$55,596
$26,178
-53%
Advertising & Promotion
$6,855
$7,295
+6%
Offices, Occupancy & IT
$43,619
$34,736
-20%
Interest
$0
$0
-
Depreciation
$18,745
$34,364
+83%
Other
$96,301
$104,493
+9%
Total Expenses
$520,245
$426,579
-18%
Net income
2023
2024
Change
Net income
-$22,376
+$200,904
-998%
Functional Expenses
Summary
2023
2024
Change
Program
$412,712
$347,209
-16%
Admin
$72,496
$61,283
-15%
Fundraising
$35,037
$18,087
-48%
Total Expenses
$520,245
$426,579
-18%