Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,760,859
Contributions
49%
Government Grants
37%
Program Services
11%
Investments
1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$4,191,271
Salaries & Benefits
47%
Grants
23%
Fees to Service Providers
19%
Other
6%
Offices, Occupancy & IT
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,587,077
$1,363,677
-62%
Government Grants
$835,918
$1,030,739
+23%
Fundraising Events
$0
$0
-
Program Services
$142,276
$315,359
+122%
Membership Dues
$0
$0
-
Investments
$24,718
$28,364
+15%
Other
$0
$22,720
-
Total Revenues
$4,589,989
$2,760,859
-40%
Expenses
2023
2024
Change
Grants
$254,218
$956,429
+276%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,687,854
$1,988,052
+18%
Fees to Service Providers
$689,015
$806,618
+17%
Advertising & Promotion
$959
$1,182
+23%
Offices, Occupancy & IT
$153,017
$154,389
+1%
Interest
$1,162
$0
-100%
Depreciation
$6,738
$13,476
+100%
Other
$227,203
$271,125
+19%
Total Expenses
$3,020,166
$4,191,271
+39%
Net income
2023
2024
Change
Net income
+$1,569,823
-$1,430,412
-191%
Functional Expenses
Summary
2023
2024
Change
Program
$2,586,354
$3,374,551
+30%
Admin
$400,633
$745,969
+86%
Fundraising
$33,179
$70,751
+113%
Total Expenses
$3,020,166
$4,191,271
+39%