Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,939,972
Government Grants
>99%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$4,660,301
Other
54%
Salaries & Benefits
41%
Offices, Occupancy & IT
3%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$66,315
$28,320
-57%
Government Grants
$4,412,831
$4,904,896
+11%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,018
$6,756
+235%
Other
$1,443
$0
-100%
Total Revenues
$4,482,607
$4,939,972
+10%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,786,448
$1,928,897
+8%
Fees to Service Providers
$35,914
$41,372
+15%
Advertising & Promotion
$0
$32,590
-
Offices, Occupancy & IT
$192,315
$120,637
-37%
Interest
$0
$0
-
Depreciation
$2,904
$3,712
+28%
Other
$2,234,165
$2,533,093
+13%
Total Expenses
$4,251,746
$4,660,301
+10%
Net income
2023
2024
Change
Net income
+$230,861
+$279,671
+21%
Functional Expenses
Summary
2023
2024
Change
Program
$4,176,258
$4,549,015
+9%
Admin
$46,612
$92,303
+98%
Fundraising
$28,876
$18,983
-34%
Total Expenses
$4,251,746
$4,660,301
+10%