Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$2,817,646
Contributions
65%
Program Services
28%
Government Grants
3%
Other
3%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$3,174,556
Depreciation
50%
Interest
24%
Fees to Service Providers
13%
Offices, Occupancy & IT
8%
Other
5%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Revenues
2023
2024
Change
Contributions
$733,873
$1,841,639
+151%
Government Grants
$6,166,150
$93,610
-98%
Fundraising Events
$0
$0
-
Program Services
$316,366
$793,847
+151%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$24,133
$88,550
+267%
Total Revenues
$7,240,522
$2,817,646
-61%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$749,425
$412,480
-45%
Advertising & Promotion
$180
$7,083
+3835%
Offices, Occupancy & IT
$126,710
$239,507
+89%
Interest
$823,671
$753,667
-8%
Depreciation
$778,813
$1,588,959
+104%
Other
$146,882
$172,860
+18%
Total Expenses
$2,625,681
$3,174,556
+21%
Net income
2023
2024
Change
Net income
+$4,614,841
-$356,910
-108%
Functional Expenses
Summary
2023
2024
Change
Program
$2,610,156
$3,163,707
+21%
Admin
$15,525
$10,849
-30%
Fundraising
$0
$0
-
Total Expenses
$2,625,681
$3,174,556
+21%