Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$3,674,893
Government Grants
40%
Membership Dues
37%
Other
21%
Investments
3%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Expenses in 2024
$3,552,867
Salaries & Benefits
75%
Other
10%
Offices, Occupancy & IT
7%
Fees to Service Providers
4%
Depreciation
2%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$45,150
$11,290
-75%
Government Grants
$1,209,103
$1,455,299
+20%
Fundraising Events
$0
$0
-
Program Services
$1,321,019
$0
-100%
Membership Dues
$0
$1,354,639
-
Investments
$80,737
$95,507
+18%
Other
$734,925
$758,158
+3%
Total Revenues
$3,390,934
$3,674,893
+8%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,314,088
$2,653,268
+15%
Fees to Service Providers
$102,900
$147,087
+43%
Advertising & Promotion
$33,866
$47,713
+41%
Offices, Occupancy & IT
$213,967
$264,486
+24%
Interest
$141
$0
-100%
Depreciation
$69,794
$67,944
-3%
Other
$518,093
$372,369
-28%
Total Expenses
$3,252,849
$3,552,867
+9%
Net income
2023
2024
Change
Net income
+$138,085
+$122,026
-12%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$3,252,849
$3,552,867
+9%