Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,149,113
Government Grants
58%
Other
39%
Contributions
2%
Investments
2%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$706,809
Fees to Service Providers
64%
Salaries & Benefits
15%
Interest
12%
Other
4%
Depreciation
4%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$106,009
$44,500
-58%
Government Grants
$91,899
$1,238,880
+1248%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$32,615
$32,704
+0%
Other
$64,549
$833,029
+1191%
Total Revenues
$295,072
$2,149,113
+628%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$109,345
$103,426
-5%
Fees to Service Providers
$530,225
$454,611
-14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$86,465
$87,302
+1%
Depreciation
$29,753
$30,190
+1%
Other
$19,551
$31,280
+60%
Total Expenses
$775,339
$706,809
-9%
Net income
2023
2024
Change
Net income
-$480,267
+$1,442,304
-400%
Functional Expenses
Summary
2023
2024
Change
Program
$636,139
$567,599
-11%
Admin
$139,200
$139,210
+0%
Fundraising
$0
$0
-
Total Expenses
$775,339
$706,809
-9%