Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$7,932,084
Government Grants
65%
Program Services
32%
Investments
3%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$7,102,388
Salaries & Benefits
50%
Other
36%
Fees to Service Providers
8%
Offices, Occupancy & IT
4%
Depreciation
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$20,996
$4,444
-79%
Government Grants
$4,297,230
$5,183,594
+21%
Fundraising Events
$0
$0
-
Program Services
$2,530,141
$2,520,975
0%
Membership Dues
$0
$0
-
Investments
$25,131
$217,455
+765%
Other
$35,485
$5,616
-84%
Total Revenues
$6,908,983
$7,932,084
+15%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,203,806
$3,550,876
+11%
Fees to Service Providers
$293,971
$581,762
+98%
Advertising & Promotion
$42,651
$23,246
-45%
Offices, Occupancy & IT
$203,636
$285,005
+40%
Interest
$0
$0
-
Depreciation
$22,962
$107,337
+367%
Other
$2,029,015
$2,554,162
+26%
Total Expenses
$5,796,041
$7,102,388
+23%
Net income
2023
2024
Change
Net income
+$1,112,942
+$829,696
-25%
Functional Expenses
Summary
2023
2024
Change
Program
$4,844,969
$5,750,594
+19%
Admin
$951,072
$1,351,794
+42%
Fundraising
$0
$0
-
Total Expenses
$5,796,041
$7,102,388
+23%