Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$572,841
Government Grants
71%
Investments
11%
Other
7%
Program Services
6%
Contributions
4%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$447,367
Salaries & Benefits
62%
Other
18%
Depreciation
15%
Offices, Occupancy & IT
5%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$16,038
$25,551
+59%
Government Grants
$475,950
$406,656
-15%
Fundraising Events
$0
$0
-
Program Services
$65,500
$31,982
-51%
Membership Dues
$0
$0
-
Investments
$34,614
$65,816
+90%
Other
$50,858
$42,836
-16%
Total Revenues
$642,960
$572,841
-11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$244,478
$277,651
+14%
Fees to Service Providers
$4,707
$3,186
-32%
Advertising & Promotion
$470
$268
-43%
Offices, Occupancy & IT
$24,295
$22,419
-8%
Interest
$0
$0
-
Depreciation
$82,728
$65,102
-21%
Other
$58,472
$78,741
+35%
Total Expenses
$415,150
$447,367
+8%
Net income
2023
2024
Change
Net income
+$227,810
+$125,474
-45%
Functional Expenses
Summary
2023
2024
Change
Program
$343,298
$370,858
+8%
Admin
$71,852
$76,509
+6%
Fundraising
$0
$0
-
Total Expenses
$415,150
$447,367
+8%