Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$11,694,088
Government Grants
92%
Other
6%
Contributions
2%
Program Services
1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$11,007,097
Grants
68%
Salaries & Benefits
15%
Other
12%
Interest
2%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$360,788
$182,482
-49%
Government Grants
$10,948,585
$10,703,819
-2%
Fundraising Events
$0
$0
-
Program Services
$0
$120,424
-
Membership Dues
$0
$0
-
Investments
$1,531
$1,962
+28%
Other
$43,863
$685,401
+1463%
Total Revenues
$11,354,767
$11,694,088
+3%
Expenses
2023
2024
Change
Grants
$8,271,460
$7,493,064
-9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,764,441
$1,620,724
-8%
Fees to Service Providers
$134,675
$71,814
-47%
Advertising & Promotion
$10,460
$7,866
-25%
Offices, Occupancy & IT
$313,989
$208,620
-34%
Interest
$458,780
$265,141
-42%
Depreciation
$60,079
$54,172
-10%
Other
$1,078,225
$1,285,696
+19%
Total Expenses
$12,092,109
$11,007,097
-9%
Net income
2023
2024
Change
Net income
-$737,342
+$686,991
-193%
Functional Expenses
Summary
2023
2024
Change
Program
$10,508,681
$10,066,265
-4%
Admin
$1,579,715
$939,118
-41%
Fundraising
$3,713
$1,714
-54%
Total Expenses
$12,092,109
$11,007,097
-9%