Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$5,401,853
Contributions
63%
Government Grants
20%
Other
17%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$6,442,412
Salaries & Benefits
53%
Other
38%
Offices, Occupancy & IT
5%
Fees to Service Providers
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$7,380,698
$3,400,337
-54%
Government Grants
$2,668,947
$1,100,000
-59%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$717,283
$901,516
+26%
Total Revenues
$10,766,928
$5,401,853
-50%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,855,055
$3,442,974
+21%
Fees to Service Providers
$128,844
$201,452
+56%
Advertising & Promotion
$23,033
$11,569
-50%
Offices, Occupancy & IT
$2,025,541
$316,848
-84%
Interest
$33,000
$30,000
-9%
Depreciation
$0
$0
-
Other
$5,090,691
$2,439,569
-52%
Total Expenses
$10,156,164
$6,442,412
-37%
Net income
2023
2024
Change
Net income
+$610,764
-$1,040,559
-270%
Functional Expenses
Summary
2023
2024
Change
Program
$9,352,172
$5,283,139
-44%
Admin
$803,992
$1,159,273
+44%
Fundraising
$0
$0
-
Total Expenses
$10,156,164
$6,442,412
-37%