Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$8,404,440
Government Grants
>99%
Other
<1%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$8,181,807
Salaries & Benefits
66%
Other
20%
Offices, Occupancy & IT
11%
Depreciation
2%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$6,764,741
$8,389,204
+24%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$18,946
$15,236
-20%
Total Revenues
$6,783,687
$8,404,440
+24%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,786,645
$5,414,180
+13%
Fees to Service Providers
$44,750
$44,500
-1%
Advertising & Promotion
$18,442
$20,736
+12%
Offices, Occupancy & IT
$794,594
$882,959
+11%
Interest
$2,857
$5,135
+80%
Depreciation
$103,407
$147,382
+43%
Other
$1,172,438
$1,666,915
+42%
Total Expenses
$6,923,133
$8,181,807
+18%
Net income
2023
2024
Change
Net income
-$139,446
+$222,633
-260%
Functional Expenses
Summary
2023
2024
Change
Program
$6,904,670
$8,147,054
+18%
Admin
$18,463
$34,753
+88%
Fundraising
$0
$0
-
Total Expenses
$6,923,133
$8,181,807
+18%