Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$5,388,893
Other
44%
Government Grants
30%
Investments
26%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$4,296,031
Grants
56%
Salaries & Benefits
27%
Fees to Service Providers
9%
Offices, Occupancy & IT
4%
Other
2%
Depreciation
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$150,250
$0
-100%
Government Grants
$1,060,880
$1,634,617
+54%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,238,955
$1,376,198
+11%
Other
$1,529,305
$2,378,078
+56%
Total Revenues
$3,979,390
$5,388,893
+35%
Expenses
2023
2024
Change
Grants
$1,579,873
$2,397,776
+52%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,130,695
$1,157,398
+2%
Fees to Service Providers
$481,991
$407,260
-16%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$149,968
$155,869
+4%
Interest
$0
$0
-
Depreciation
$91,049
$88,453
-3%
Other
$134,091
$89,275
-33%
Total Expenses
$3,567,667
$4,296,031
+20%
Net income
2023
2024
Change
Net income
+$411,723
+$1,092,862
+165%
Functional Expenses
Summary
2023
2024
Change
Program
$3,071,434
$3,757,456
+22%
Admin
$496,233
$538,575
+9%
Fundraising
$0
$0
-
Total Expenses
$3,567,667
$4,296,031
+20%