Income Statement

Fiscal Year: 2024
Revenues in 2024
$3,620,463
Government Grants
51%
Program Services
25%
Contributions
17%
Investments
3%
Other
3%
Fundraising Events
2%
Membership Dues
0%
Expenses in 2024
$3,524,221
Salaries & Benefits
75%
Other
10%
Offices, Occupancy & IT
8%
Depreciation
3%
Fees to Service Providers
2%
Interest
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$600,310
$603,042
+0%
Government Grants
$2,027,232
$1,829,305
-10%
Fundraising Events
$76,453
$75,352
-1%
Program Services
$715,971
$893,893
+25%
Membership Dues
$0
$0
-
Investments
$93,568
$111,520
+19%
Other
$88,670
$107,351
+21%
Total Revenues
$3,602,204
$3,620,463
+1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,294,640
$2,640,491
+15%
Fees to Service Providers
$35,507
$83,711
+136%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$250,074
$276,644
+11%
Interest
$51,047
$40,904
-20%
Depreciation
$108,942
$115,763
+6%
Other
$336,576
$366,708
+9%
Total Expenses
$3,076,786
$3,524,221
+15%
Net income
2023
2024
Change
Net income
+$525,418
+$96,242
-82%
Functional Expenses
Summary
2023
2024
Change
Program
$2,384,348
$2,791,596
+17%
Admin
$425,335
$486,151
+14%
Fundraising
$267,103
$246,474
-8%
Total Expenses
$3,076,786
$3,524,221
+15%