Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$605,938
Contributions
58%
Government Grants
16%
Fundraising Events
10%
Program Services
10%
Other
6%
Investments
<1%
Membership Dues
0%
Expenses in 2024
$807,303
Offices, Occupancy & IT
41%
Salaries & Benefits
30%
Depreciation
18%
Other
9%
Advertising & Promotion
1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Revenues
2023
2024
Change
Contributions
$321,116
$352,525
+10%
Government Grants
$818,750
$95,617
-88%
Fundraising Events
$57,348
$60,150
+5%
Program Services
$36,000
$59,175
+64%
Membership Dues
$24,500
$0
-100%
Investments
$21
$21
+0%
Other
$45,791
$38,450
-16%
Total Revenues
$1,303,526
$605,938
-54%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$238,075
$242,894
+2%
Fees to Service Providers
$29,315
$0
-100%
Advertising & Promotion
$12,000
$12,000
+0%
Offices, Occupancy & IT
$147,983
$331,290
+124%
Interest
$4,130
$856
-79%
Depreciation
$128,601
$145,991
+14%
Other
$61,213
$74,272
+21%
Total Expenses
$621,317
$807,303
+30%
Net income
2023
2024
Change
Net income
+$682,209
-$201,365
-130%
Functional Expenses
Summary
2023
2024
Change
Program
$420,929
$549,491
+31%
Admin
$110,189
$134,465
+22%
Fundraising
$90,199
$123,347
+37%
Total Expenses
$621,317
$807,303
+30%