Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$4,910,294
Contributions
40%
Government Grants
25%
Program Services
18%
Membership Dues
10%
Other
5%
Investments
2%
Fundraising Events
0%
Expenses in 2024
$3,980,664
Salaries & Benefits
50%
Other
34%
Depreciation
10%
Offices, Occupancy & IT
5%
Advertising & Promotion
1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$937,537
$1,980,835
+111%
Government Grants
$1,056,927
$1,218,355
+15%
Fundraising Events
$0
$0
-
Program Services
$1,424,914
$860,889
-40%
Membership Dues
$678,191
$509,402
-25%
Investments
$66,584
$106,347
+60%
Other
$270,500
$234,466
-13%
Total Revenues
$4,434,653
$4,910,294
+11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,803,533
$1,977,404
+10%
Fees to Service Providers
$70,029
$31,831
-55%
Advertising & Promotion
$24,729
$57,276
+132%
Offices, Occupancy & IT
$211,153
$183,082
-13%
Interest
$0
$0
-
Depreciation
$293,741
$394,295
+34%
Other
$1,143,589
$1,336,776
+17%
Total Expenses
$3,546,774
$3,980,664
+12%
Net income
2023
2024
Change
Net income
+$887,879
+$929,630
+5%
Functional Expenses
Summary
2023
2024
Change
Program
$3,186,818
$3,503,350
+10%
Admin
$269,945
$333,028
+23%
Fundraising
$90,011
$144,286
+60%
Total Expenses
$3,546,774
$3,980,664
+12%