Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$5,873,293
Government Grants
85%
Contributions
15%
Investments
<1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$5,046,299
Salaries & Benefits
58%
Other
31%
Fees to Service Providers
8%
Offices, Occupancy & IT
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,375,521
$873,757
-36%
Government Grants
$3,777,282
$4,968,662
+32%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,303
$20,839
+1499%
Other
$0
$10,035
-
Total Revenues
$5,154,106
$5,873,293
+14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,695,912
$2,922,366
+8%
Fees to Service Providers
$335,604
$424,022
+26%
Advertising & Promotion
$12,444
$0
-100%
Offices, Occupancy & IT
$99,604
$129,088
+30%
Interest
$0
$0
-
Depreciation
$0
$26,827
-
Other
$948,390
$1,543,996
+63%
Total Expenses
$4,091,954
$5,046,299
+23%
Net income
2023
2024
Change
Net income
+$1,062,152
+$826,994
-22%
Functional Expenses
Summary
2023
2024
Change
Program
$4,091,954
$4,135,958
+1%
Admin
$0
$629,386
-
Fundraising
$0
$280,955
-
Total Expenses
$4,091,954
$5,046,299
+23%