Income Statement

Fiscal Year: 2023
Jan 1, 2023 – Dec 31, 2023
Revenues in 2023
$426,936
Government Grants
50%
Program Services
49%
Other
1%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$387,628
Other
33%
Offices, Occupancy & IT
23%
Salaries & Benefits
17%
Interest
16%
Fees to Service Providers
9%
Depreciation
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2022
2023
Change
Contributions
$0
$0
-
Government Grants
$204,249
$212,826
+4%
Fundraising Events
$0
$0
-
Program Services
$185,968
$208,469
+12%
Membership Dues
$0
$0
-
Investments
$172
$173
+1%
Other
$6,299
$5,468
-13%
Total Revenues
$396,688
$426,936
+8%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$65,051
$64,549
-1%
Fees to Service Providers
$33,073
$35,511
+7%
Advertising & Promotion
$150
$70
-53%
Offices, Occupancy & IT
$85,346
$89,605
+5%
Interest
$62,404
$60,566
-3%
Depreciation
$8,755
$9,172
+5%
Other
$115,450
$128,155
+11%
Total Expenses
$370,229
$387,628
+5%
Net income
2022
2023
Change
Net income
+$26,459
+$39,308
+49%
Functional Expenses
Summary
2022
2023
Change
Program
$277,633
$287,558
+4%
Admin
$92,596
$100,070
+8%
Fundraising
$0
$0
-
Total Expenses
$370,229
$387,628
+5%