Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$14,373,287
Government Grants
58%
Contributions
28%
Program Services
9%
Other
3%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$13,834,117
Salaries & Benefits
60%
Other
23%
Fees to Service Providers
12%
Offices, Occupancy & IT
3%
Depreciation
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,091,691
$4,058,556
-1%
Government Grants
$6,731,931
$8,277,781
+23%
Fundraising Events
$0
$0
-
Program Services
$1,060,882
$1,329,118
+25%
Membership Dues
$0
$0
-
Investments
$217,612
$341,832
+57%
Other
$366,000
$366,000
+0%
Total Revenues
$12,468,116
$14,373,287
+15%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,979,034
$8,274,581
+19%
Fees to Service Providers
$1,200,422
$1,655,304
+38%
Advertising & Promotion
$111,603
$96,380
-14%
Offices, Occupancy & IT
$403,201
$383,999
-5%
Interest
$0
$0
-
Depreciation
$315,232
$255,618
-19%
Other
$3,162,016
$3,168,235
+0%
Total Expenses
$12,171,508
$13,834,117
+14%
Net income
2023
2024
Change
Net income
+$296,608
+$539,170
+82%
Functional Expenses
Summary
2023
2024
Change
Program
$10,494,809
$12,236,557
+17%
Admin
$1,676,699
$1,597,560
-5%
Fundraising
$0
$0
-
Total Expenses
$12,171,508
$13,834,117
+14%