Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,751,475
Government Grants
65%
Program Services
21%
Investments
5%
Other
5%
Contributions
4%
Membership Dues
<1%
Fundraising Events
0%
Expenses in 2024
$2,830,335
Salaries & Benefits
52%
Other
16%
Depreciation
15%
Offices, Occupancy & IT
8%
Benefits to Members
7%
Fees to Service Providers
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Revenues
2023
2024
Change
Contributions
$49,933
$105,278
+111%
Government Grants
$1,610,992
$1,786,409
+11%
Fundraising Events
$0
$0
-
Program Services
$542,450
$569,307
+5%
Membership Dues
$900
$205
-77%
Investments
$81,641
$145,962
+79%
Other
-$71,697
$144,314
-301%
Total Revenues
$2,214,219
$2,751,475
+24%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$170,426
$188,587
+11%
Salaries & Benefits
$1,433,901
$1,465,522
+2%
Fees to Service Providers
$55,947
$66,164
+18%
Advertising & Promotion
$2,390
$100
-96%
Offices, Occupancy & IT
$196,222
$223,350
+14%
Interest
$4,406
$11,465
+160%
Depreciation
$434,003
$431,638
-1%
Other
$427,245
$443,509
+4%
Total Expenses
$2,724,540
$2,830,335
+4%
Net income
2023
2024
Change
Net income
-$510,321
-$78,860
+85%
Functional Expenses
Summary
2023
2024
Change
Program
$2,171,473
$2,252,558
+4%
Admin
$514,084
$541,026
+5%
Fundraising
$38,983
$36,751
-6%
Total Expenses
$2,724,540
$2,830,335
+4%