Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$510,152
Government Grants
55%
Program Services
40%
Investments
5%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$446,156
Offices, Occupancy & IT
37%
Salaries & Benefits
27%
Fees to Service Providers
14%
Interest
11%
Other
7%
Depreciation
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$11
$0
-100%
Government Grants
$281,037
$281,216
+0%
Fundraising Events
$0
$0
-
Program Services
$193,650
$204,511
+6%
Membership Dues
$0
$0
-
Investments
$20,497
$24,425
+19%
Other
-$4,439
$0
-100%
Total Revenues
$490,756
$510,152
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$113,883
$118,798
+4%
Fees to Service Providers
$62,315
$60,573
-3%
Advertising & Promotion
$0
$640
-
Offices, Occupancy & IT
$122,262
$167,225
+37%
Interest
$53,470
$50,225
-6%
Depreciation
$17,946
$17,454
-3%
Other
$36,823
$31,241
-15%
Total Expenses
$406,699
$446,156
+10%
Net income
2023
2024
Change
Net income
+$84,057
+$63,996
-24%
Functional Expenses
Summary
2023
2024
Change
Program
$393,505
$432,494
+10%
Admin
$13,194
$13,662
+4%
Fundraising
$0
$0
-
Total Expenses
$406,699
$446,156
+10%