Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,609,524
Government Grants
57%
Contributions
25%
Other
15%
Program Services
2%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,658,754
Grants
49%
Salaries & Benefits
32%
Offices, Occupancy & IT
8%
Fees to Service Providers
5%
Depreciation
3%
Other
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$847,352
$1,391,208
+64%
Government Grants
$2,651,824
$3,169,567
+20%
Fundraising Events
$0
$0
-
Program Services
$164,178
$118,381
-28%
Membership Dues
$0
$0
-
Investments
$89,105
$90,940
+2%
Other
$656,932
$839,428
+28%
Total Revenues
$4,409,391
$5,609,524
+27%
Expenses
2023
2024
Change
Grants
$1,791,666
$2,768,782
+55%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,935,279
$1,832,716
-5%
Fees to Service Providers
$209,850
$264,066
+26%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$449,469
$474,433
+6%
Interest
$0
$0
-
Depreciation
$185,076
$194,582
+5%
Other
$101,645
$124,175
+22%
Total Expenses
$4,672,985
$5,658,754
+21%
Net income
2023
2024
Change
Net income
-$263,594
-$49,230
+81%
Functional Expenses
Summary
2023
2024
Change
Program
$4,256,515
$5,165,659
+21%
Admin
$297,620
$352,193
+18%
Fundraising
$118,850
$140,902
+19%
Total Expenses
$4,672,985
$5,658,754
+21%