Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$2,705,624
Government Grants
83%
Contributions
12%
Fundraising Events
3%
Other
1%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$2,062,267
Salaries & Benefits
61%
Other
26%
Fees to Service Providers
7%
Depreciation
4%
Offices, Occupancy & IT
2%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$371,886
$334,261
-10%
Government Grants
$1,625,302
$2,251,548
+39%
Fundraising Events
$78,631
$83,966
+7%
Program Services
$91,097
$0
-100%
Membership Dues
$0
$0
-
Investments
$9,845
$0
-100%
Other
$22,627
$35,849
+58%
Total Revenues
$2,199,388
$2,705,624
+23%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,126,038
$1,260,962
+12%
Fees to Service Providers
$56,454
$151,026
+168%
Advertising & Promotion
$5,185
$0
-100%
Offices, Occupancy & IT
$134,646
$36,414
-73%
Interest
$0
$0
-
Depreciation
$73,875
$79,213
+7%
Other
$179,735
$534,652
+197%
Total Expenses
$1,575,933
$2,062,267
+31%
Net income
2023
2024
Change
Net income
+$623,455
+$643,357
+3%
Functional Expenses
Summary
2023
2024
Change
Program
$1,346,485
$1,783,814
+32%
Admin
$163,549
$235,221
+44%
Fundraising
$65,899
$43,232
-34%
Total Expenses
$1,575,933
$2,062,267
+31%