Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,467,738
Government Grants
75%
Program Services
18%
Other
3%
Contributions
2%
Investments
1%
Membership Dues
<1%
Fundraising Events
0%
Expenses in 2024
$2,619,199
Salaries & Benefits
55%
Other
16%
Depreciation
13%
Offices, Occupancy & IT
8%
Fees to Service Providers
5%
Benefits to Members
2%
Interest
<1%
Grants
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$55,729
$48,049
-14%
Government Grants
$1,527,959
$1,854,596
+21%
Fundraising Events
$0
$0
-
Program Services
$323,785
$452,252
+40%
Membership Dues
$84
$72
-14%
Investments
$27,229
$31,524
+16%
Other
$88,605
$81,245
-8%
Total Revenues
$2,023,391
$2,467,738
+22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$65,448
$49,250
-25%
Salaries & Benefits
$1,039,267
$1,444,596
+39%
Fees to Service Providers
$96,899
$140,413
+45%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$214,844
$215,571
+0%
Interest
$4,564
$7,822
+71%
Depreciation
$353,565
$351,419
-1%
Other
$388,393
$410,128
+6%
Total Expenses
$2,162,980
$2,619,199
+21%
Net income
2023
2024
Change
Net income
-$139,589
-$151,461
-9%
Functional Expenses
Summary
2023
2024
Change
Program
$1,756,538
$2,184,191
+24%
Admin
$385,940
$416,174
+8%
Fundraising
$20,502
$18,834
-8%
Total Expenses
$2,162,980
$2,619,199
+21%