Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$491,595
Government Grants
91%
Program Services
6%
Contributions
2%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$509,424
Salaries & Benefits
42%
Grants
31%
Other
21%
Offices, Occupancy & IT
4%
Advertising & Promotion
1%
Fees to Service Providers
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$33,389
$8,478
-75%
Government Grants
$462,247
$446,406
-3%
Fundraising Events
$0
$0
-
Program Services
$17,718
$30,257
+71%
Membership Dues
$0
$0
-
Investments
$1,081
$6,454
+497%
Other
$0
$0
-
Total Revenues
$514,435
$491,595
-4%
Expenses
2023
2024
Change
Grants
$100,306
$157,427
+57%
Benefits to Members
$0
$0
-
Salaries & Benefits
$147,109
$213,236
+45%
Fees to Service Providers
$3,436
$4,000
+16%
Advertising & Promotion
$7,275
$5,833
-20%
Offices, Occupancy & IT
$24,002
$19,703
-18%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$198,442
$109,225
-45%
Total Expenses
$480,570
$509,424
+6%
Net income
2023
2024
Change
Net income
+$33,865
-$17,829
-153%
Functional Expenses
Summary
2023
2024
Change
Program
$397,108
$429,862
+8%
Admin
$75,911
$73,179
-4%
Fundraising
$7,551
$6,383
-15%
Total Expenses
$480,570
$509,424
+6%