Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,120,825
Contributions
53%
Government Grants
24%
Program Services
21%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$3,288,408
Salaries & Benefits
71%
Fees to Service Providers
14%
Other
8%
Offices, Occupancy & IT
6%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$222,665
$2,720,971
+1122%
Government Grants
$1,132,670
$1,250,808
+10%
Fundraising Events
$30,675
$0
-100%
Program Services
$856,688
$1,087,291
+27%
Membership Dues
$0
$0
-
Investments
$24,129
$61,755
+156%
Other
$0
$0
-
Total Revenues
$2,266,827
$5,120,825
+126%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,743,645
$2,337,705
+34%
Fees to Service Providers
$318,647
$453,502
+42%
Advertising & Promotion
$500
$5,984
+1097%
Offices, Occupancy & IT
$210,703
$208,852
-1%
Interest
$0
$0
-
Depreciation
$4,811
$2,856
-41%
Other
$164,698
$279,509
+70%
Total Expenses
$2,443,004
$3,288,408
+35%
Net income
2023
2024
Change
Net income
-$176,177
+$1,832,417
-1140%
Functional Expenses
Summary
2023
2024
Change
Program
$1,853,908
$2,588,724
+40%
Admin
$468,811
$548,524
+17%
Fundraising
$120,285
$151,160
+26%
Total Expenses
$2,443,004
$3,288,408
+35%