Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,540,636
Government Grants
83%
Contributions
16%
Other
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$5,429,562
Salaries & Benefits
57%
Offices, Occupancy & IT
25%
Other
13%
Fees to Service Providers
3%
Depreciation
1%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$490,713
$883,579
+80%
Government Grants
$4,190,117
$4,585,741
+9%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
-$604
$71,316
-11907%
Total Revenues
$4,680,226
$5,540,636
+18%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,419,312
$3,100,847
+28%
Fees to Service Providers
$70,540
$175,523
+149%
Advertising & Promotion
$7,003
$26,779
+282%
Offices, Occupancy & IT
$906,559
$1,331,085
+47%
Interest
$1,075
$1,075
+0%
Depreciation
$27,730
$74,579
+169%
Other
$764,567
$719,674
-6%
Total Expenses
$4,196,786
$5,429,562
+29%
Net income
2023
2024
Change
Net income
+$483,440
+$111,074
-77%
Functional Expenses
Summary
2023
2024
Change
Program
$3,876,102
$4,988,719
+29%
Admin
$320,684
$440,843
+37%
Fundraising
$0
$0
-
Total Expenses
$4,196,786
$5,429,562
+29%