Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$3,133,187
Program Services
63%
Government Grants
17%
Contributions
8%
Other
7%
Investments
4%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$3,168,890
Salaries & Benefits
62%
Other
25%
Depreciation
6%
Fees to Service Providers
4%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$502,775
$252,052
-50%
Government Grants
$381,312
$543,333
+42%
Fundraising Events
$0
$0
-
Program Services
$1,888,369
$1,986,987
+5%
Membership Dues
$0
$0
-
Investments
$78,043
$116,861
+50%
Other
$50,749
$233,954
+361%
Total Revenues
$2,901,248
$3,133,187
+8%
Expenses
2023
2024
Change
Grants
$0
$500
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,720,789
$1,952,272
+13%
Fees to Service Providers
$121,703
$122,433
+1%
Advertising & Promotion
$23,968
$29,376
+23%
Offices, Occupancy & IT
$65,953
$58,005
-12%
Interest
$0
$0
-
Depreciation
$178,707
$201,957
+13%
Other
$499,724
$804,347
+61%
Total Expenses
$2,610,844
$3,168,890
+21%
Net income
2023
2024
Change
Net income
+$290,404
-$35,703
-112%
Functional Expenses
Summary
2023
2024
Change
Program
$2,196,539
$2,729,841
+24%
Admin
$394,212
$416,551
+6%
Fundraising
$20,093
$22,498
+12%
Total Expenses
$2,610,844
$3,168,890
+21%