Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$565,744
Government Grants
50%
Program Services
37%
Contributions
12%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$680,322
Fees to Service Providers
45%
Offices, Occupancy & IT
31%
Depreciation
18%
Other
6%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$68,455
-
Government Grants
$269,006
$282,697
+5%
Fundraising Events
$0
$0
-
Program Services
$191,597
$206,709
+8%
Membership Dues
$0
$0
-
Investments
$2,426
$2,590
+7%
Other
$2,586
$5,293
+105%
Total Revenues
$465,615
$565,744
+22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$296,497
$307,236
+4%
Advertising & Promotion
$299
$302
+1%
Offices, Occupancy & IT
$145,469
$209,546
+44%
Interest
$0
$0
-
Depreciation
$120,557
$121,021
+0%
Other
$40,452
$42,217
+4%
Total Expenses
$603,274
$680,322
+13%
Net income
2023
2024
Change
Net income
-$137,659
-$114,578
+17%
Functional Expenses
Summary
2023
2024
Change
Program
$441,081
$503,982
+14%
Admin
$162,193
$176,340
+9%
Fundraising
$0
$0
-
Total Expenses
$603,274
$680,322
+13%