Income Statement

Fiscal Year: 2024
Revenues in 2024
$9,391,320
Government Grants
95%
Investments
2%
Contributions
1%
Other
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$8,591,347
Salaries & Benefits
72%
Other
14%
Offices, Occupancy & IT
8%
Depreciation
4%
Fees to Service Providers
2%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$612,777
$118,834
-81%
Government Grants
$7,565,965
$8,928,791
+18%
Fundraising Events
$0
$0
-
Program Services
$2,807
$0
-100%
Membership Dues
$0
$0
-
Investments
$270,125
$232,266
-14%
Other
$163,312
$111,429
-32%
Total Revenues
$8,614,986
$9,391,320
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,427,969
$6,151,209
+13%
Fees to Service Providers
$100,644
$154,112
+53%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$391,863
$695,182
+77%
Interest
$0
$0
-
Depreciation
$109,952
$368,136
+235%
Other
$1,445,585
$1,222,708
-15%
Total Expenses
$7,476,013
$8,591,347
+15%
Net income
2023
2024
Change
Net income
+$1,138,973
+$799,973
-30%
Functional Expenses
Summary
2023
2024
Change
Program
$5,184,382
$5,816,189
+12%
Admin
$2,291,631
$2,775,158
+21%
Fundraising
$0
$0
-
Total Expenses
$7,476,013
$8,591,347
+15%