Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$7,025,573
Government Grants
64%
Program Services
22%
Contributions
11%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$7,000,675
Offices, Occupancy & IT
38%
Fees to Service Providers
24%
Salaries & Benefits
21%
Depreciation
12%
Other
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$499,725
$750,000
+50%
Government Grants
$3,653,936
$4,512,882
+24%
Fundraising Events
$0
$0
-
Program Services
$1,532,335
$1,547,304
+1%
Membership Dues
$0
$0
-
Investments
$252,018
$215,387
-15%
Other
$0
$0
-
Total Revenues
$5,938,014
$7,025,573
+18%
Expenses
2023
2024
Change
Grants
$112,882
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,211,562
$1,459,974
+21%
Fees to Service Providers
$1,387,527
$1,709,582
+23%
Advertising & Promotion
$20,573
$32,189
+56%
Offices, Occupancy & IT
$2,772,013
$2,694,348
-3%
Interest
$0
$0
-
Depreciation
$837,558
$845,993
+1%
Other
$265,429
$258,589
-3%
Total Expenses
$6,607,544
$7,000,675
+6%
Net income
2023
2024
Change
Net income
-$669,530
+$24,898
-104%
Functional Expenses
Summary
2023
2024
Change
Program
$6,302,022
$6,622,310
+5%
Admin
$305,522
$378,365
+24%
Fundraising
$0
$0
-
Total Expenses
$6,607,544
$7,000,675
+6%