Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,645,447
Government Grants
94%
Contributions
2%
Program Services
2%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,460,438
Salaries & Benefits
81%
Offices, Occupancy & IT
10%
Other
7%
Fees to Service Providers
2%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,552,157
$110,434
-93%
Government Grants
$3,412,920
$4,379,365
+28%
Fundraising Events
$0
$0
-
Program Services
$0
$96,168
-
Membership Dues
$0
$0
-
Investments
$27,495
$37,279
+36%
Other
$119,520
$22,201
-81%
Total Revenues
$5,112,092
$4,645,447
-9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,819,683
$4,401,715
+15%
Fees to Service Providers
$98,878
$84,085
-15%
Advertising & Promotion
$11,550
$8,632
-25%
Offices, Occupancy & IT
$416,609
$549,067
+32%
Interest
$4
$0
-100%
Depreciation
$27,729
$39,739
+43%
Other
$290,612
$377,200
+30%
Total Expenses
$4,665,065
$5,460,438
+17%
Net income
2023
2024
Change
Net income
+$447,027
-$814,991
-282%
Functional Expenses
Summary
2023
2024
Change
Program
$3,733,935
$4,372,256
+17%
Admin
$852,580
$1,088,182
+28%
Fundraising
$78,550
$0
-100%
Total Expenses
$4,665,065
$5,460,438
+17%