Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$24,407,999
Government Grants
50%
Contributions
26%
Program Services
17%
Investments
3%
Fundraising Events
3%
Other
<1%
Membership Dues
<1%
Expenses in 2024
$12,735,223
Salaries & Benefits
38%
Other
25%
Fees to Service Providers
17%
Depreciation
11%
Offices, Occupancy & IT
8%
Advertising & Promotion
2%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$8,895,508
$6,296,543
-29%
Government Grants
$4,379,269
$12,136,481
+177%
Fundraising Events
$689,211
$756,939
+10%
Program Services
$4,325,738
$4,127,971
-5%
Membership Dues
$153,450
$114,557
-25%
Investments
$662,179
$820,659
+24%
Other
$178,411
$154,849
-13%
Total Revenues
$19,283,766
$24,407,999
+27%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,464,778
$4,799,724
+8%
Fees to Service Providers
$1,318,548
$2,102,158
+59%
Advertising & Promotion
$231,670
$241,329
+4%
Offices, Occupancy & IT
$873,109
$1,058,388
+21%
Interest
$0
$0
-
Depreciation
$750,198
$1,361,423
+81%
Other
$2,556,646
$3,172,201
+24%
Total Expenses
$10,194,949
$12,735,223
+25%
Net income
2023
2024
Change
Net income
+$9,088,817
+$11,672,776
+28%
Functional Expenses
Summary
2023
2024
Change
Program
$8,068,199
$9,812,095
+22%
Admin
$1,344,614
$1,991,991
+48%
Fundraising
$782,136
$931,137
+19%
Total Expenses
$10,194,949
$12,735,223
+25%