Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,837,022
Contributions
90%
Investments
6%
Program Services
4%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$7,341,969
Salaries & Benefits
65%
Grants
12%
Offices, Occupancy & IT
11%
Fees to Service Providers
7%
Other
3%
Advertising & Promotion
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$8,527,873
$5,254,245
-38%
Government Grants
$64,799
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$27,792
$229,200
+725%
Membership Dues
$0
$0
-
Investments
$295,311
$353,577
+20%
Other
$0
$0
-
Total Revenues
$8,915,775
$5,837,022
-35%
Expenses
2023
2024
Change
Grants
$749,999
$900,000
+20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,287,865
$4,753,677
+11%
Fees to Service Providers
$665,702
$508,743
-24%
Advertising & Promotion
$88,068
$102,536
+16%
Offices, Occupancy & IT
$518,587
$829,620
+60%
Interest
$0
$0
-
Depreciation
$3,716
$1,135
-69%
Other
$198,703
$246,258
+24%
Total Expenses
$6,512,640
$7,341,969
+13%
Net income
2023
2024
Change
Net income
+$2,403,135
-$1,504,947
-163%
Functional Expenses
Summary
2023
2024
Change
Program
$5,682,078
$6,331,676
+11%
Admin
$210,933
$298,779
+42%
Fundraising
$619,629
$711,514
+15%
Total Expenses
$6,512,640
$7,341,969
+13%