Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$685,309
Program Services
73%
Government Grants
21%
Other
3%
Contributions
3%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$630,469
Other
46%
Depreciation
22%
Salaries & Benefits
21%
Offices, Occupancy & IT
7%
Interest
1%
Grants
1%
Advertising & Promotion
<1%
Fees to Service Providers
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$34,471
$18,500
-46%
Government Grants
$365,997
$146,984
-60%
Fundraising Events
$0
$0
-
Program Services
$123,827
$497,322
+302%
Membership Dues
$0
$0
-
Investments
$3,044
$379
-88%
Other
$0
$22,124
-
Total Revenues
$527,339
$685,309
+30%
Expenses
2023
2024
Change
Grants
$0
$7,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$125,471
$129,981
+4%
Fees to Service Providers
$14,874
$3,240
-78%
Advertising & Promotion
$0
$4,766
-
Offices, Occupancy & IT
$20,628
$45,458
+120%
Interest
$10,283
$7,438
-28%
Depreciation
$135,184
$141,824
+5%
Other
$178,128
$290,762
+63%
Total Expenses
$484,568
$630,469
+30%
Net income
2023
2024
Change
Net income
+$42,771
+$54,840
+28%
Functional Expenses
Summary
2023
2024
Change
Program
$426,967
$578,031
+35%
Admin
$48,950
$52,438
+7%
Fundraising
$8,651
$0
-100%
Total Expenses
$484,568
$630,469
+30%