Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,378,296
Contributions
55%
Government Grants
38%
Other
5%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,191,462
Salaries & Benefits
58%
Other
14%
Grants
14%
Offices, Occupancy & IT
9%
Advertising & Promotion
4%
Depreciation
1%
Fees to Service Providers
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,144,604
$764,171
-33%
Government Grants
$241,043
$527,649
+119%
Fundraising Events
$900
$0
-100%
Program Services
$13,652
$0
-100%
Membership Dues
$0
$0
-
Investments
$4,635
$10,704
+131%
Other
$1,528
$75,772
+4859%
Total Revenues
$1,406,362
$1,378,296
-2%
Expenses
2023
2024
Change
Grants
$119,024
$166,628
+40%
Benefits to Members
$0
$0
-
Salaries & Benefits
$650,160
$688,826
+6%
Fees to Service Providers
$6,525
$1,007
-85%
Advertising & Promotion
$25,343
$50,033
+97%
Offices, Occupancy & IT
$85,277
$102,799
+21%
Interest
$0
$0
-
Depreciation
$0
$14,183
-
Other
$203,440
$167,986
-17%
Total Expenses
$1,089,769
$1,191,462
+9%
Net income
2023
2024
Change
Net income
+$316,593
+$186,834
-41%
Functional Expenses
Summary
2023
2024
Change
Program
$885,428
$1,030,982
+16%
Admin
$144,422
$126,039
-13%
Fundraising
$59,919
$34,441
-43%
Total Expenses
$1,089,769
$1,191,462
+9%