Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$3,567,072
Government Grants
57%
Contributions
29%
Program Services
9%
Other
3%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,071,895
Salaries & Benefits
47%
Other
27%
Offices, Occupancy & IT
14%
Fees to Service Providers
8%
Depreciation
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,465,383
$1,023,306
-30%
Government Grants
$3,700,008
$2,044,338
-45%
Fundraising Events
$0
$0
-
Program Services
$535,767
$304,226
-43%
Membership Dues
$0
$0
-
Investments
$48,337
$85,943
+78%
Other
$210,031
$109,259
-48%
Total Revenues
$5,959,526
$3,567,072
-40%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,423,140
$2,376,376
-46%
Fees to Service Providers
$697,892
$407,574
-42%
Advertising & Promotion
$26,638
$20,102
-25%
Offices, Occupancy & IT
$562,740
$699,273
+24%
Interest
$37,501
$33,839
-10%
Depreciation
$129,864
$171,371
+32%
Other
$882,613
$1,363,360
+54%
Total Expenses
$6,760,388
$5,071,895
-25%
Net income
2023
2024
Change
Net income
-$800,862
-$1,504,823
-88%
Functional Expenses
Summary
2023
2024
Change
Program
$4,691,780
$3,868,338
-18%
Admin
$1,702,448
$958,211
-44%
Fundraising
$366,160
$245,346
-33%
Total Expenses
$6,760,388
$5,071,895
-25%