Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$6,388,304
Program Services
97%
Investments
3%
Other
<1%
Contributions
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,744,696
Offices, Occupancy & IT
26%
Depreciation
24%
Salaries & Benefits
22%
Interest
22%
Fees to Service Providers
4%
Other
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$117,202
$15,550
-87%
Government Grants
$1,144,012
$665
-100%
Fundraising Events
$0
$0
-
Program Services
$5,104,166
$6,177,385
+21%
Membership Dues
$0
$0
-
Investments
$70,261
$165,757
+136%
Other
$1,134
$28,947
+2453%
Total Revenues
$6,436,775
$6,388,304
-1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,354,288
$1,276,942
-6%
Fees to Service Providers
$125,291
$208,083
+66%
Advertising & Promotion
$16,158
$26,458
+64%
Offices, Occupancy & IT
$1,500,017
$1,465,722
-2%
Interest
$866,704
$1,259,142
+45%
Depreciation
$1,119,103
$1,394,707
+25%
Other
$113,016
$113,642
+1%
Total Expenses
$5,094,577
$5,744,696
+13%
Net income
2023
2024
Change
Net income
+$1,342,198
+$643,608
-52%
Functional Expenses
Summary
2023
2024
Change
Program
$4,644,681
$5,312,871
+14%
Admin
$449,896
$431,825
-4%
Fundraising
$0
$0
-
Total Expenses
$5,094,577
$5,744,696
+13%