Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$670,440
Government Grants
75%
Program Services
22%
Other
3%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,751,352
Other
51%
Grants
26%
Depreciation
15%
Salaries & Benefits
5%
Fees to Service Providers
3%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$464,112
$502,425
+8%
Fundraising Events
$0
$0
-
Program Services
$150,100
$148,683
-1%
Membership Dues
$0
$0
-
Investments
$57
$183
+221%
Other
$9,708
$19,149
+97%
Total Revenues
$623,977
$670,440
+7%
Expenses
2023
2024
Change
Grants
$0
$460,434
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$69,754
$86,477
+24%
Fees to Service Providers
$47,500
$44,241
-7%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$652,482
$0
-100%
Interest
$0
$0
-
Depreciation
$181,052
$261,146
+44%
Other
$234,914
$899,054
+283%
Total Expenses
$1,185,702
$1,751,352
+48%
Net income
2023
2024
Change
Net income
-$561,725
-$1,080,912
-92%
Functional Expenses
Summary
2023
2024
Change
Program
$1,138,202
$1,707,296
+50%
Admin
$47,500
$44,056
-7%
Fundraising
$0
$0
-
Total Expenses
$1,185,702
$1,751,352
+48%