Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,039,429
Government Grants
88%
Contributions
7%
Program Services
3%
Investments
1%
Other
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$3,071,590
Salaries & Benefits
59%
Other
22%
Offices, Occupancy & IT
15%
Depreciation
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$544,034
$287,203
-47%
Government Grants
$2,733,197
$3,556,523
+30%
Fundraising Events
$0
$10,000
-
Program Services
$0
$101,045
-
Membership Dues
$0
$0
-
Investments
$13,779
$49,401
+259%
Other
$99,316
$35,257
-65%
Total Revenues
$3,390,326
$4,039,429
+19%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,775,828
$1,825,608
+3%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$3,830
$17,129
+347%
Offices, Occupancy & IT
$427,834
$473,562
+11%
Interest
$0
$0
-
Depreciation
$56,713
$71,944
+27%
Other
$503,854
$683,347
+36%
Total Expenses
$2,768,059
$3,071,590
+11%
Net income
2023
2024
Change
Net income
+$622,267
+$967,839
+56%
Functional Expenses
Summary
2023
2024
Change
Program
$2,266,896
$2,540,214
+12%
Admin
$501,163
$531,376
+6%
Fundraising
$0
$0
-
Total Expenses
$2,768,059
$3,071,590
+11%