Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$10,269,315
Government Grants
59%
Contributions
41%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$10,218,074
Salaries & Benefits
54%
Grants
25%
Offices, Occupancy & IT
8%
Other
7%
Fees to Service Providers
5%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$704,210
$4,195,430
+496%
Government Grants
$7,474,735
$6,067,275
-19%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$36,701
$6,610
-82%
Total Revenues
$8,215,646
$10,269,315
+25%
Expenses
2023
2024
Change
Grants
$1,269,325
$2,560,768
+102%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,477,740
$5,557,127
+24%
Fees to Service Providers
$454,876
$515,528
+13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$635,873
$775,142
+22%
Interest
$0
$0
-
Depreciation
$41,617
$44,880
+8%
Other
$595,284
$764,629
+28%
Total Expenses
$7,474,715
$10,218,074
+37%
Net income
2023
2024
Change
Net income
+$740,931
+$51,241
-93%
Functional Expenses
Summary
2023
2024
Change
Program
$6,379,065
$9,034,578
+42%
Admin
$1,089,424
$1,176,274
+8%
Fundraising
$6,226
$7,222
+16%
Total Expenses
$7,474,715
$10,218,074
+37%