Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,552,625
Contributions
55%
Government Grants
40%
Program Services
5%
Other
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,801,658
Salaries & Benefits
51%
Other
32%
Offices, Occupancy & IT
13%
Fees to Service Providers
3%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,284,643
$1,407,617
+10%
Government Grants
$859,646
$1,021,507
+19%
Fundraising Events
$0
$0
-
Program Services
$91,040
$116,274
+28%
Membership Dues
$0
$0
-
Investments
$8,603
$1,496
-83%
Other
-$1,570
$5,731
-465%
Total Revenues
$2,242,362
$2,552,625
+14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,272,932
$1,431,070
+12%
Fees to Service Providers
$134,983
$85,289
-37%
Advertising & Promotion
$9,915
$6,901
-30%
Offices, Occupancy & IT
$353,558
$374,177
+6%
Interest
$0
$0
-
Depreciation
$24,857
$19,253
-23%
Other
$815,967
$884,968
+8%
Total Expenses
$2,612,212
$2,801,658
+7%
Net income
2023
2024
Change
Net income
-$369,850
-$249,033
+33%
Functional Expenses
Summary
2023
2024
Change
Program
$1,556,148
$2,145,789
+38%
Admin
$245,311
$182,418
-26%
Fundraising
$810,753
$473,451
-42%
Total Expenses
$2,612,212
$2,801,658
+7%