Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$7,609,212
Government Grants
57%
Contributions
16%
Program Services
13%
Other
11%
Investments
4%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,655,691
Other
75%
Salaries & Benefits
18%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Depreciation
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,483,022
$1,207,174
-51%
Government Grants
$1,155,846
$4,299,562
+272%
Fundraising Events
$0
$0
-
Program Services
$1,367,605
$952,771
-30%
Membership Dues
$0
$0
-
Investments
$84,758
$296,134
+249%
Other
$137,926
$853,571
+519%
Total Revenues
$5,229,157
$7,609,212
+46%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$853,571
$1,033,038
+21%
Fees to Service Providers
$94,650
$104,364
+10%
Advertising & Promotion
$61,091
$43,962
-28%
Offices, Occupancy & IT
$138,937
$153,917
+11%
Interest
$1,278
$21,061
+1548%
Depreciation
$31,069
$29,784
-4%
Other
$1,338,283
$4,269,565
+219%
Total Expenses
$2,518,879
$5,655,691
+125%
Net income
2023
2024
Change
Net income
+$2,710,278
+$1,953,521
-28%
Functional Expenses
Summary
2023
2024
Change
Program
$2,355,245
$5,422,609
+130%
Admin
$163,634
$233,082
+42%
Fundraising
$0
$0
-
Total Expenses
$2,518,879
$5,655,691
+125%