Income Statement

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Revenues in 2024
$654,877
Program Services
91%
Other
6%
Investments
2%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$711,111
Salaries & Benefits
43%
Depreciation
29%
Other
19%
Offices, Occupancy & IT
6%
Fees to Service Providers
1%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$35,237
$2,100
-94%
Government Grants
$35,000
$2,500
-93%
Fundraising Events
$0
$0
-
Program Services
$533,168
$597,438
+12%
Membership Dues
$0
$0
-
Investments
$5,369
$16,033
+199%
Other
$15,656
$36,806
+135%
Total Revenues
$624,430
$654,877
+5%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$109,638
$307,870
+181%
Fees to Service Providers
$8,565
$8,683
+1%
Advertising & Promotion
$1,085
$2,606
+140%
Offices, Occupancy & IT
$35,016
$46,107
+32%
Interest
$3,702
$3,757
+1%
Depreciation
$242,693
$205,919
-15%
Other
$90,350
$136,169
+51%
Total Expenses
$491,049
$711,111
+45%
Net income
2023
2024
Change
Net income
+$133,381
-$56,234
-142%
Functional Expenses
Summary
2023
2024
Change
Program
$449,030
$645,834
+44%
Admin
$42,019
$65,277
+55%
Fundraising
$0
$0
-
Total Expenses
$491,049
$711,111
+45%