Income Statement

Fiscal Year: 2024
Revenues in 2024
$8,410,985
Government Grants
93%
Program Services
5%
Investments
2%
Other
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$8,081,584
Offices, Occupancy & IT
79%
Salaries & Benefits
14%
Fees to Service Providers
7%
Other
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$130,000
$0
-100%
Government Grants
$4,310,754
$7,829,016
+82%
Fundraising Events
$0
$0
-
Program Services
$731,352
$404,338
-45%
Membership Dues
$0
$0
-
Investments
$128,926
$174,234
+35%
Other
$2,550
$3,397
+33%
Total Revenues
$5,303,582
$8,410,985
+59%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,081,153
$1,149,231
+6%
Fees to Service Providers
$608,282
$538,529
-11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,841,598
$6,356,672
+124%
Interest
$22,356
$12,278
-45%
Depreciation
$54,502
$0
-100%
Other
$26,419
$24,874
-6%
Total Expenses
$4,634,310
$8,081,584
+74%
Net income
2023
2024
Change
Net income
+$669,272
+$329,401
-51%
Functional Expenses
Summary
2023
2024
Change
Program
$4,384,162
$7,791,174
+78%
Admin
$250,148
$290,410
+16%
Fundraising
$0
$0
-
Total Expenses
$4,634,310
$8,081,584
+74%