Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$11,636,397
Contributions
54%
Program Services
45%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$5,564,652
Fees to Service Providers
46%
Interest
22%
Other
19%
Salaries & Benefits
9%
Offices, Occupancy & IT
4%
Depreciation
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$129,402
$6,287,357
+4759%
Government Grants
$4,458,258
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$3,652,490
$5,233,878
+43%
Membership Dues
$0
$0
-
Investments
$104,191
$115,162
+11%
Other
$0
$0
-
Total Revenues
$8,344,341
$11,636,397
+39%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$651,010
$506,719
-22%
Fees to Service Providers
$1,951,365
$2,533,233
+30%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$211,783
$199,545
-6%
Interest
$1,035,367
$1,219,973
+18%
Depreciation
$30,069
$63,196
+110%
Other
$523,919
$1,041,986
+99%
Total Expenses
$4,403,513
$5,564,652
+26%
Net income
2023
2024
Change
Net income
+$3,940,828
+$6,071,745
+54%
Functional Expenses
Summary
2023
2024
Change
Program
$3,162,718
$4,181,182
+32%
Admin
$1,028,522
$1,144,646
+11%
Fundraising
$212,273
$238,824
+13%
Total Expenses
$4,403,513
$5,564,652
+26%