Income Statement

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Revenues in 2024
$560,989
Investments
96%
Other
4%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$5,618,031
Grants
46%
Salaries & Benefits
33%
Other
14%
Fees to Service Providers
5%
Offices, Occupancy & IT
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$975,642
$0
-100%
Membership Dues
$0
$0
-
Investments
$516,186
$536,989
+4%
Other
$24,000
$24,000
+0%
Total Revenues
$1,515,828
$560,989
-63%
Expenses
2023
2024
Change
Grants
$1,790,020
$2,587,500
+45%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,559,404
$1,872,048
+20%
Fees to Service Providers
$644,900
$286,126
-56%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$195,120
$111,485
-43%
Interest
$295,357
$0
-100%
Depreciation
$9,068
$0
-100%
Other
$12,457,326
$760,872
-94%
Total Expenses
$16,951,195
$5,618,031
-67%
Net income
2023
2024
Change
Net income
-$15,435,367
-$5,057,042
+67%
Functional Expenses
Summary
2023
2024
Change
Program
$10,693,599
$4,375,528
-59%
Admin
$6,257,596
$1,242,503
-80%
Fundraising
$0
$0
-
Total Expenses
$16,951,195
$5,618,031
-67%