Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$391,754
Government Grants
43%
Membership Dues
25%
Other
18%
Program Services
8%
Contributions
3%
Investments
2%
Fundraising Events
0%
Expenses in 2024
$367,565
Salaries & Benefits
47%
Grants
22%
Other
17%
Offices, Occupancy & IT
10%
Depreciation
2%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$12,000
$12,000
+0%
Government Grants
$170,564
$170,220
0%
Fundraising Events
$0
$0
-
Program Services
$50,505
$32,975
-35%
Membership Dues
$93,725
$99,892
+7%
Investments
$1,480
$6,831
+362%
Other
$76,510
$69,836
-9%
Total Revenues
$404,784
$391,754
-3%
Expenses
2023
2024
Change
Grants
$60,000
$80,000
+33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$164,898
$174,192
+6%
Fees to Service Providers
$3,375
$4,423
+31%
Advertising & Promotion
$6,118
$2,625
-57%
Offices, Occupancy & IT
$31,219
$38,251
+23%
Interest
$0
$0
-
Depreciation
$7,197
$7,299
+1%
Other
$84,253
$60,775
-28%
Total Expenses
$357,060
$367,565
+3%
Net income
2023
2024
Change
Net income
+$47,724
+$24,189
-49%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$357,060
$367,565
+3%