Income Statement

Fiscal Year: 2024
Revenues in 2024
$4,868,613
Government Grants
85%
Contributions
12%
Investments
3%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$5,083,006
Salaries & Benefits
66%
Other
26%
Offices, Occupancy & IT
6%
Fees to Service Providers
2%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,058,244
$595,625
-81%
Government Grants
$4,177,635
$4,145,360
-1%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$24,463
$127,628
+422%
Other
$0
$0
-
Total Revenues
$7,260,342
$4,868,613
-33%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,873,661
$3,377,882
+18%
Fees to Service Providers
$64,484
$98,809
+53%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$255,179
$280,832
+10%
Interest
$0
$0
-
Depreciation
$15,938
$15,990
+0%
Other
$1,440,591
$1,309,493
-9%
Total Expenses
$4,649,853
$5,083,006
+9%
Net income
2023
2024
Change
Net income
+$2,610,489
-$214,393
-108%
Functional Expenses
Summary
2023
2024
Change
Program
$4,166,657
$4,322,724
+4%
Admin
$435,496
$281,053
-35%
Fundraising
$47,700
$479,229
+905%
Total Expenses
$4,649,853
$5,083,006
+9%