Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$3,880,012
Government Grants
81%
Contributions
12%
Fundraising Events
3%
Program Services
3%
Other
<1%
Investments
<1%
Membership Dues
0%
Expenses in 2024
$3,492,170
Salaries & Benefits
55%
Other
18%
Offices, Occupancy & IT
11%
Grants
11%
Fees to Service Providers
2%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$517,344
$472,516
-9%
Government Grants
$3,775,158
$3,138,612
-17%
Fundraising Events
$62,082
$120,138
+94%
Program Services
$104,131
$114,784
+10%
Membership Dues
$0
$0
-
Investments
$4,773
$1,873
-61%
Other
$35,929
$32,089
-11%
Total Revenues
$4,499,417
$3,880,012
-14%
Expenses
2023
2024
Change
Grants
$0
$396,300
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,546,734
$1,935,544
+25%
Fees to Service Providers
$56,627
$82,583
+46%
Advertising & Promotion
$33,827
$11,920
-65%
Offices, Occupancy & IT
$216,681
$399,697
+84%
Interest
$0
$0
-
Depreciation
$25,630
$41,238
+61%
Other
$453,794
$624,888
+38%
Total Expenses
$2,333,293
$3,492,170
+50%
Net income
2023
2024
Change
Net income
+$2,166,124
+$387,842
-82%
Functional Expenses
Summary
2023
2024
Change
Program
$2,022,212
$2,205,823
+9%
Admin
$219,146
$1,281,647
+485%
Fundraising
$91,935
$4,700
-95%
Total Expenses
$2,333,293
$3,492,170
+50%