Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$8,567,114
Government Grants
59%
Other
18%
Contributions
13%
Investments
5%
Fundraising Events
3%
Membership Dues
<1%
Program Services
<1%
Expenses in 2024
$8,331,907
Salaries & Benefits
34%
Depreciation
26%
Offices, Occupancy & IT
13%
Fees to Service Providers
11%
Interest
6%
Other
5%
Advertising & Promotion
4%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$5,365,174
$1,115,383
-79%
Government Grants
$0
$5,071,413
-
Fundraising Events
$0
$289,693
-
Program Services
$27,672
$41,820
+51%
Membership Dues
$0
$44,614
-
Investments
$201,345
$455,443
+126%
Other
$1,102,268
$1,548,748
+41%
Total Revenues
$6,696,459
$8,567,114
+28%
Expenses
2023
2024
Change
Grants
$500
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,046,959
$2,869,795
+40%
Fees to Service Providers
$505,038
$926,679
+83%
Advertising & Promotion
$328,080
$321,622
-2%
Offices, Occupancy & IT
$976,780
$1,086,019
+11%
Interest
$221,208
$507,744
+130%
Depreciation
$2,098,295
$2,205,075
+5%
Other
$461,637
$414,973
-10%
Total Expenses
$6,638,497
$8,331,907
+26%
Net income
2023
2024
Change
Net income
+$57,962
+$235,207
+306%
Functional Expenses
Summary
2023
2024
Change
Program
$3,643,504
$5,714,706
+57%
Admin
$2,077,762
$1,511,407
-27%
Fundraising
$917,231
$1,105,794
+21%
Total Expenses
$6,638,497
$8,331,907
+26%