Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$7,553,918
Contributions
51%
Government Grants
49%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$9,292,901
Grants
50%
Fees to Service Providers
23%
Salaries & Benefits
17%
Other
8%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$13,741,167
$3,838,918
-72%
Government Grants
$0
$3,715,000
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$6,114
$0
-100%
Total Revenues
$13,747,281
$7,553,918
-45%
Expenses
2023
2024
Change
Grants
$4,123,200
$4,618,000
+12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,891,498
$1,611,163
-15%
Fees to Service Providers
$2,029,840
$2,101,800
+4%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$263,826
$197,724
-25%
Interest
$0
$0
-
Depreciation
$0
$1,593
-
Other
$664,269
$762,621
+15%
Total Expenses
$8,972,633
$9,292,901
+4%
Net income
2023
2024
Change
Net income
+$4,774,648
-$1,738,983
-136%
Functional Expenses
Summary
2023
2024
Change
Program
$5,920,716
$7,040,194
+19%
Admin
$2,670,697
$1,847,104
-31%
Fundraising
$381,220
$405,603
+6%
Total Expenses
$8,972,633
$9,292,901
+4%