Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,072,082
Government Grants
55%
Other
30%
Investments
15%
Program Services
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,887,115
Grants
46%
Salaries & Benefits
37%
Fees to Service Providers
10%
Other
6%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$28,055
$2,844
-90%
Government Grants
$842,806
$2,234,726
+165%
Fundraising Events
$0
$0
-
Program Services
$42,223
$14,000
-67%
Membership Dues
$0
$0
-
Investments
$568,975
$613,173
+8%
Other
$263,614
$1,207,339
+358%
Total Revenues
$1,745,673
$4,072,082
+133%
Expenses
2023
2024
Change
Grants
$1,071,526
$1,321,549
+23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$943,658
$1,077,057
+14%
Fees to Service Providers
$217,096
$294,873
+36%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$14,993
$17,061
+14%
Interest
$0
$0
-
Depreciation
$564
$0
-100%
Other
$89,558
$176,575
+97%
Total Expenses
$2,337,395
$2,887,115
+24%
Net income
2023
2024
Change
Net income
-$591,722
+$1,184,967
-300%
Functional Expenses
Summary
2023
2024
Change
Program
$1,845,743
$2,286,194
+24%
Admin
$480,090
$595,145
+24%
Fundraising
$11,562
$5,776
-50%
Total Expenses
$2,337,395
$2,887,115
+24%