Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$6,911,638
Government Grants
>99%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$7,102,336
Grants
76%
Salaries & Benefits
19%
Other
3%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$432
$2,300
+432%
Government Grants
$6,275,699
$6,876,664
+10%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$16,691
$32,674
+96%
Total Revenues
$6,292,822
$6,911,638
+10%
Expenses
2023
2024
Change
Grants
$4,835,126
$5,401,119
+12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,111,643
$1,323,416
+19%
Fees to Service Providers
$19,153
$33,583
+75%
Advertising & Promotion
$7,779
$8,527
+10%
Offices, Occupancy & IT
$133,101
$155,853
+17%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$321,757
$179,838
-44%
Total Expenses
$6,428,559
$7,102,336
+10%
Net income
2023
2024
Change
Net income
-$135,737
-$190,698
-40%
Functional Expenses
Summary
2023
2024
Change
Program
$5,257,390
$5,960,963
+13%
Admin
$1,166,169
$1,136,373
-3%
Fundraising
$5,000
$5,000
+0%
Total Expenses
$6,428,559
$7,102,336
+10%