Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$10,711,368
Government Grants
87%
Contributions
8%
Program Services
6%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$10,869,657
Grants
41%
Salaries & Benefits
36%
Fees to Service Providers
10%
Other
9%
Offices, Occupancy & IT
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$558,320
$827,800
+48%
Government Grants
$10,243,760
$9,286,922
-9%
Fundraising Events
$0
$0
-
Program Services
$522,990
$596,646
+14%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$11,325,070
$10,711,368
-5%
Expenses
2023
2024
Change
Grants
$4,232,719
$4,422,458
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,447,671
$3,948,198
-11%
Fees to Service Providers
$1,109,761
$1,123,036
+1%
Advertising & Promotion
$1,099
$864
-21%
Offices, Occupancy & IT
$402,097
$412,854
+3%
Interest
$0
$0
-
Depreciation
$23,112
$23,113
+0%
Other
$939,304
$939,134
0%
Total Expenses
$11,155,763
$10,869,657
-3%
Net income
2023
2024
Change
Net income
+$169,307
-$158,289
-193%
Functional Expenses
Summary
2023
2024
Change
Program
$10,019,330
$9,548,639
-5%
Admin
$936,950
$1,191,270
+27%
Fundraising
$199,483
$129,748
-35%
Total Expenses
$11,155,763
$10,869,657
-3%