Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$2,184,420
Government Grants
50%
Contributions
48%
Investments
1%
Program Services
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,090,765
Salaries & Benefits
54%
Offices, Occupancy & IT
20%
Fees to Service Providers
13%
Other
12%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$971,965
$1,048,265
+8%
Government Grants
$294,401
$1,101,145
+274%
Fundraising Events
$0
$0
-
Program Services
$1,200
$3,581
+198%
Membership Dues
$0
$0
-
Investments
$24,413
$30,379
+24%
Other
$2,000
$1,050
-47%
Total Revenues
$1,293,979
$2,184,420
+69%
Expenses
2023
2024
Change
Grants
$133,194
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$933,608
$1,137,042
+22%
Fees to Service Providers
$201,213
$266,663
+33%
Advertising & Promotion
$834
$2,665
+220%
Offices, Occupancy & IT
$227,646
$426,245
+87%
Interest
$5,214
$0
-100%
Depreciation
$81,241
$16,211
-80%
Other
$70,637
$241,939
+243%
Total Expenses
$1,653,587
$2,090,765
+26%
Net income
2023
2024
Change
Net income
-$359,608
+$93,655
-126%
Functional Expenses
Summary
2023
2024
Change
Program
$1,460,637
$1,889,317
+29%
Admin
$123,620
$129,941
+5%
Fundraising
$69,330
$71,507
+3%
Total Expenses
$1,653,587
$2,090,765
+26%