Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,622,392
Government Grants
83%
Contributions
15%
Program Services
2%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,733,818
Salaries & Benefits
55%
Other
33%
Offices, Occupancy & IT
6%
Fees to Service Providers
4%
Depreciation
1%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$887,584
$391,548
-56%
Government Grants
$597,052
$2,181,362
+265%
Fundraising Events
$0
$0
-
Program Services
$0
$41,708
-
Membership Dues
$0
$0
-
Investments
$3,443
$1,010
-71%
Other
$0
$6,764
-
Total Revenues
$1,488,079
$2,622,392
+76%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,279,327
$1,501,521
+17%
Fees to Service Providers
$76,110
$114,768
+51%
Advertising & Promotion
$10,198
$2,677
-74%
Offices, Occupancy & IT
$120,497
$173,474
+44%
Interest
$22,045
$23,229
+5%
Depreciation
$11,115
$28,909
+160%
Other
$435,896
$889,240
+104%
Total Expenses
$1,955,188
$2,733,818
+40%
Net income
2023
2024
Change
Net income
-$467,109
-$111,426
+76%
Functional Expenses
Summary
2023
2024
Change
Program
$1,596,167
$2,193,845
+37%
Admin
$344,869
$425,204
+23%
Fundraising
$14,152
$114,769
+711%
Total Expenses
$1,955,188
$2,733,818
+40%