Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,310,069
Government Grants
46%
Program Services
42%
Contributions
6%
Other
5%
Investments
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$4,189,463
Salaries & Benefits
74%
Other
13%
Offices, Occupancy & IT
7%
Fees to Service Providers
4%
Depreciation
2%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$251,854
$239,944
-5%
Government Grants
$1,641,680
$1,989,692
+21%
Fundraising Events
$23,349
$20,247
-13%
Program Services
$1,943,306
$1,789,167
-8%
Membership Dues
$0
$0
-
Investments
$34,418
$45,914
+33%
Other
$153,724
$225,105
+46%
Total Revenues
$4,048,331
$4,310,069
+6%
Expenses
2023
2024
Change
Grants
$21,066
$19,966
-5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,888,612
$3,109,043
+8%
Fees to Service Providers
$130,085
$172,172
+32%
Advertising & Promotion
$835
$743
-11%
Offices, Occupancy & IT
$298,359
$280,556
-6%
Interest
$0
$0
-
Depreciation
$60,531
$67,543
+12%
Other
$466,650
$539,440
+16%
Total Expenses
$3,866,138
$4,189,463
+8%
Net income
2023
2024
Change
Net income
+$182,193
+$120,606
-34%
Functional Expenses
Summary
2023
2024
Change
Program
$3,486,040
$3,811,737
+9%
Admin
$279,807
$273,625
-2%
Fundraising
$100,291
$104,101
+4%
Total Expenses
$3,866,138
$4,189,463
+8%