Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$2,702,121
Government Grants
44%
Program Services
43%
Other
7%
Investments
5%
Contributions
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,932,206
Salaries & Benefits
38%
Depreciation
13%
Offices, Occupancy & IT
13%
Other
11%
Grants
11%
Fees to Service Providers
10%
Interest
4%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$61,127
$44,625
-27%
Government Grants
$931,756
$1,181,668
+27%
Fundraising Events
$0
$0
-
Program Services
$1,215,816
$1,165,331
-4%
Membership Dues
$0
$0
-
Investments
$110,608
$133,309
+21%
Other
$20,000
$177,188
+786%
Total Revenues
$2,339,307
$2,702,121
+16%
Expenses
2023
2024
Change
Grants
$71,798
$210,800
+194%
Benefits to Members
$0
$0
-
Salaries & Benefits
$807,971
$743,508
-8%
Fees to Service Providers
$44,652
$197,782
+343%
Advertising & Promotion
$450
$782
+74%
Offices, Occupancy & IT
$235,929
$243,190
+3%
Interest
$51,932
$72,474
+40%
Depreciation
$261,184
$247,675
-5%
Other
$348,399
$215,995
-38%
Total Expenses
$1,822,315
$1,932,206
+6%
Net income
2023
2024
Change
Net income
+$516,992
+$769,915
+49%
Functional Expenses
Summary
2023
2024
Change
Program
$1,555,441
$1,468,250
-6%
Admin
$179,334
$401,773
+124%
Fundraising
$87,540
$62,183
-29%
Total Expenses
$1,822,315
$1,932,206
+6%