Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,247,266
Government Grants
73%
Program Services
16%
Contributions
11%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$2,203,889
Salaries & Benefits
52%
Fees to Service Providers
35%
Other
6%
Offices, Occupancy & IT
5%
Advertising & Promotion
2%
Interest
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$143,737
$246,930
+72%
Government Grants
$1,049,523
$1,651,612
+57%
Fundraising Events
$0
$0
-
Program Services
$443,821
$348,724
-21%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$1,637,081
$2,247,266
+37%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$952,676
$1,144,420
+20%
Fees to Service Providers
$261,488
$760,762
+191%
Advertising & Promotion
$22,719
$48,527
+114%
Offices, Occupancy & IT
$145,485
$107,272
-26%
Interest
$10,631
$1,323
-88%
Depreciation
$326
$326
+0%
Other
$150,900
$141,259
-6%
Total Expenses
$1,544,225
$2,203,889
+43%
Net income
2023
2024
Change
Net income
+$92,856
+$43,377
-53%
Functional Expenses
Summary
2023
2024
Change
Program
$1,258,444
$1,926,975
+53%
Admin
$285,781
$276,914
-3%
Fundraising
$0
$0
-
Total Expenses
$1,544,225
$2,203,889
+43%