Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$6,193,699
Program Services
57%
Government Grants
18%
Membership Dues
9%
Other
8%
Investments
6%
Contributions
3%
Fundraising Events
0%
Expenses in 2024
$5,769,278
Salaries & Benefits
52%
Other
40%
Offices, Occupancy & IT
6%
Depreciation
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$237,770
$163,361
-31%
Government Grants
$1,675,577
$1,102,109
-34%
Fundraising Events
$0
$0
-
Program Services
$3,104,208
$3,527,617
+14%
Membership Dues
$574,845
$561,627
-2%
Investments
$225,747
$357,647
+58%
Other
$1,348,714
$481,338
-64%
Total Revenues
$7,166,861
$6,193,699
-14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,968,505
$2,991,381
-25%
Fees to Service Providers
$40,679
$44,859
+10%
Advertising & Promotion
$7,575
$8,135
+7%
Offices, Occupancy & IT
$497,594
$322,510
-35%
Interest
$0
$0
-
Depreciation
$67,080
$68,662
+2%
Other
$1,870,746
$2,333,731
+25%
Total Expenses
$6,452,179
$5,769,278
-11%
Net income
2023
2024
Change
Net income
+$714,682
+$424,421
-41%
Functional Expenses
Summary
2023
2024
Change
Program
$4,204,098
$3,490,379
-17%
Admin
$2,246,385
$2,276,360
+1%
Fundraising
$1,696
$2,539
+50%
Total Expenses
$6,452,179
$5,769,278
-11%