Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$381,926
Other
50%
Government Grants
26%
Contributions
24%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$513,070
Salaries & Benefits
35%
Depreciation
25%
Other
20%
Offices, Occupancy & IT
16%
Interest
2%
Fees to Service Providers
2%
Grants
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$60,221
$92,296
+53%
Government Grants
$172,525
$97,736
-43%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$704
$828
+18%
Other
$248,781
$191,066
-23%
Total Revenues
$482,231
$381,926
-21%
Expenses
2023
2024
Change
Grants
$2,810
$5,293
+88%
Benefits to Members
$0
$0
-
Salaries & Benefits
$117,896
$179,883
+53%
Fees to Service Providers
$7,160
$8,094
+13%
Advertising & Promotion
$3,368
$415
-88%
Offices, Occupancy & IT
$60,033
$82,563
+38%
Interest
$0
$8,954
-
Depreciation
$79,592
$127,402
+60%
Other
$115,408
$100,466
-13%
Total Expenses
$386,267
$513,070
+33%
Net income
2023
2024
Change
Net income
+$95,964
-$131,144
-237%
Functional Expenses
Summary
2023
2024
Change
Program
$339,460
$464,364
+37%
Admin
$29,173
$31,519
+8%
Fundraising
$17,634
$17,187
-3%
Total Expenses
$386,267
$513,070
+33%