Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$8,358,554
Government Grants
88%
Program Services
6%
Investments
3%
Contributions
1%
Other
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$7,960,127
Salaries & Benefits
55%
Other
17%
Grants
13%
Fees to Service Providers
5%
Depreciation
4%
Offices, Occupancy & IT
4%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$190,131
$111,634
-41%
Government Grants
$7,469,127
$7,372,438
-1%
Fundraising Events
$25,432
$24,899
-2%
Program Services
$490,997
$492,376
+0%
Membership Dues
$0
$0
-
Investments
$142,235
$270,274
+90%
Other
$10,458
$86,933
+731%
Total Revenues
$8,328,380
$8,358,554
+0%
Expenses
2023
2024
Change
Grants
$605,181
$1,072,790
+77%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,035,289
$4,415,074
+9%
Fees to Service Providers
$647,785
$388,298
-40%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$278,969
$341,983
+23%
Interest
$25,851
$19,853
-23%
Depreciation
$273,000
$355,195
+30%
Other
$996,574
$1,366,934
+37%
Total Expenses
$6,862,649
$7,960,127
+16%
Net income
2023
2024
Change
Net income
+$1,465,731
+$398,427
-73%
Functional Expenses
Summary
2023
2024
Change
Program
$6,195,777
$7,223,856
+17%
Admin
$658,377
$731,181
+11%
Fundraising
$8,495
$5,090
-40%
Total Expenses
$6,862,649
$7,960,127
+16%