Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$372,153
Government Grants
50%
Contributions
22%
Fundraising Events
16%
Investments
10%
Program Services
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$506,055
Salaries & Benefits
61%
Offices, Occupancy & IT
19%
Other
9%
Fees to Service Providers
7%
Advertising & Promotion
2%
Depreciation
2%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$56,079
$83,599
+49%
Government Grants
$395,811
$187,896
-53%
Fundraising Events
$0
$59,735
-
Program Services
$2,996
$2,088
-30%
Membership Dues
$0
$0
-
Investments
$24,890
$38,118
+53%
Other
$119,194
$717
-99%
Total Revenues
$598,970
$372,153
-38%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$276,650
$306,932
+11%
Fees to Service Providers
$35,895
$35,110
-2%
Advertising & Promotion
$6,836
$12,235
+79%
Offices, Occupancy & IT
$48,817
$93,936
+92%
Interest
$0
$0
-
Depreciation
$5,270
$10,147
+93%
Other
$38,533
$47,695
+24%
Total Expenses
$412,001
$506,055
+23%
Net income
2023
2024
Change
Net income
+$186,969
-$133,902
-172%
Functional Expenses
Summary
2023
2024
Change
Program
$327,040
$396,211
+21%
Admin
$84,961
$109,844
+29%
Fundraising
$0
$0
-
Total Expenses
$412,001
$506,055
+23%