Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$6,826,663
Program Services
60%
Government Grants
23%
Other
8%
Contributions
6%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$7,396,647
Salaries & Benefits
49%
Other
27%
Fees to Service Providers
16%
Offices, Occupancy & IT
5%
Grants
3%
Interest
1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$329,125
$422,188
+28%
Government Grants
$1,128,741
$1,585,718
+40%
Fundraising Events
$0
$0
-
Program Services
$4,166,059
$4,109,300
-1%
Membership Dues
$0
$0
-
Investments
$137,303
$181,562
+32%
Other
$631,753
$527,895
-16%
Total Revenues
$6,392,981
$6,826,663
+7%
Expenses
2023
2024
Change
Grants
$141,658
$210,118
+48%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,001,973
$3,590,727
+20%
Fees to Service Providers
$1,334,905
$1,155,165
-13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$397,100
$346,001
-13%
Interest
$0
$89,767
-
Depreciation
$29,135
$13,819
-53%
Other
$1,672,040
$1,991,050
+19%
Total Expenses
$6,576,811
$7,396,647
+12%
Net income
2023
2024
Change
Net income
-$183,830
-$569,984
-210%
Functional Expenses
Summary
2023
2024
Change
Program
$5,183,010
$5,749,182
+11%
Admin
$1,393,801
$1,647,465
+18%
Fundraising
$0
$0
-
Total Expenses
$6,576,811
$7,396,647
+12%