Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$10,658,644
Contributions
47%
Program Services
41%
Government Grants
6%
Investments
3%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$8,992,190
Other
43%
Fees to Service Providers
29%
Salaries & Benefits
16%
Offices, Occupancy & IT
9%
Advertising & Promotion
2%
Grants
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,884,520
$5,051,139
+3%
Government Grants
$619,607
$657,691
+6%
Fundraising Events
$0
$0
-
Program Services
$3,711,749
$4,418,039
+19%
Membership Dues
$0
$0
-
Investments
$113,630
$338,871
+198%
Other
$4,376
$192,904
+4308%
Total Revenues
$9,333,882
$10,658,644
+14%
Expenses
2023
2024
Change
Grants
$0
$88,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,271,377
$1,433,979
+13%
Fees to Service Providers
$2,836,865
$2,617,408
-8%
Advertising & Promotion
$1,803
$184,006
+10106%
Offices, Occupancy & IT
$485,598
$768,371
+58%
Interest
$0
$0
-
Depreciation
$10,817
$12,352
+14%
Other
$3,150,798
$3,888,074
+23%
Total Expenses
$7,757,258
$8,992,190
+16%
Net income
2023
2024
Change
Net income
+$1,576,624
+$1,666,454
+6%
Functional Expenses
Summary
2023
2024
Change
Program
$5,792,415
$6,771,002
+17%
Admin
$1,964,843
$2,221,188
+13%
Fundraising
$0
$0
-
Total Expenses
$7,757,258
$8,992,190
+16%