Independence Now Inc
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$1,712,553
Government Grants
74%
Program Services
22%
Contributions
2%
Investments
1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,616,279
Salaries & Benefits
65%
Fees to Service Providers
16%
Offices, Occupancy & IT
11%
Other
4%
Grants
4%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$13,376
$41,117
+207%
Government Grants
$1,131,631
$1,270,849
+12%
Fundraising Events
$0
$0
-
Program Services
$321,919
$370,618
+15%
Membership Dues
$0
$0
-
Investments
$33,843
$20,284
-40%
Other
$2,140
$9,685
+353%
Total Revenues
$1,502,909
$1,712,553
+14%
Expenses
2023
2024
Change
Grants
$89,189
$61,139
-31%
Benefits to Members
$0
$0
-
Salaries & Benefits
$843,664
$1,053,270
+25%
Fees to Service Providers
$219,715
$251,715
+15%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$147,563
$182,534
+24%
Interest
$0
$0
-
Depreciation
$4,126
$4,294
+4%
Other
$182,059
$63,327
-65%
Total Expenses
$1,486,316
$1,616,279
+9%
Net income
2023
2024
Change
Net income
+$16,593
+$96,274
+480%
Functional Expenses
Summary
2023
2024
Change
Program
$1,198,513
$1,331,722
+11%
Admin
$287,803
$284,557
-1%
Fundraising
$0
$0
-
Total Expenses
$1,486,316
$1,616,279
+9%
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