Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,209,179
Government Grants
90%
Program Services
10%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$5,771,864
Salaries & Benefits
75%
Fees to Service Providers
12%
Offices, Occupancy & IT
8%
Other
6%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$4,102,067
$4,709,500
+15%
Fundraising Events
$0
$0
-
Program Services
$675,536
$499,679
-26%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$4,777,603
$5,209,179
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,006,456
$4,316,577
+8%
Fees to Service Providers
$850,368
$695,390
-18%
Advertising & Promotion
$3,024
$1,349
-55%
Offices, Occupancy & IT
$551,865
$434,696
-21%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$244,721
$323,852
+32%
Total Expenses
$5,656,434
$5,771,864
+2%
Net income
2023
2024
Change
Net income
-$878,831
-$562,685
+36%
Functional Expenses
Summary
2023
2024
Change
Program
$3,152,861
$3,015,766
-4%
Admin
$2,503,573
$2,756,098
+10%
Fundraising
$0
$0
-
Total Expenses
$5,656,434
$5,771,864
+2%