Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$7,070,288
Program Services
90%
Contributions
10%
Other
<1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,392,777
Interest
48%
Offices, Occupancy & IT
24%
Depreciation
20%
Fees to Service Providers
8%
Other
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$89,850
$688,468
+666%
Government Grants
$3,142,467
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$1,091,923
$6,358,090
+482%
Membership Dues
$0
$0
-
Investments
$4,967
$4,528
-9%
Other
$21,790
$19,202
-12%
Total Revenues
$4,350,997
$7,070,288
+62%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$230,041
$200,835
-13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$931,984
$562,971
-40%
Interest
$0
$1,147,403
-
Depreciation
$497,140
$481,226
-3%
Other
$1,686,411
$342
-100%
Total Expenses
$3,345,576
$2,392,777
-28%
Net income
2023
2024
Change
Net income
+$1,005,421
+$4,677,511
+365%
Functional Expenses
Summary
2023
2024
Change
Program
$3,154,934
$2,191,942
-31%
Admin
$190,642
$200,835
+5%
Fundraising
$0
$0
-
Total Expenses
$3,345,576
$2,392,777
-28%