Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$13,189,821
Government Grants
95%
Contributions
5%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$12,938,325
Grants
70%
Salaries & Benefits
10%
Fees to Service Providers
8%
Other
6%
Offices, Occupancy & IT
6%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$680,543
$663,469
-3%
Government Grants
$1,950,000
$12,496,456
+541%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$41,180
$29,896
-27%
Other
$5
$0
-100%
Total Revenues
$2,671,728
$13,189,821
+394%
Expenses
2023
2024
Change
Grants
$1,000,000
$9,000,000
+800%
Benefits to Members
$0
$0
-
Salaries & Benefits
$577,160
$1,341,396
+132%
Fees to Service Providers
$1,147,704
$1,030,554
-10%
Advertising & Promotion
$4,395
$50,874
+1058%
Offices, Occupancy & IT
$55,231
$749,904
+1258%
Interest
$0
$0
-
Depreciation
$1,212
$0
-100%
Other
$8,544
$765,597
+8861%
Total Expenses
$2,794,246
$12,938,325
+363%
Net income
2023
2024
Change
Net income
-$122,518
+$251,496
-305%
Functional Expenses
Summary
2023
2024
Change
Program
$2,642,283
$12,387,728
+369%
Admin
$124,815
$443,777
+256%
Fundraising
$27,148
$106,820
+293%
Total Expenses
$2,794,246
$12,938,325
+363%