Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$6,841,543
Government Grants
73%
Contributions
25%
Investments
2%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$5,799,920
Salaries & Benefits
68%
Grants
23%
Other
5%
Fees to Service Providers
2%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,991,273
$1,707,865
-43%
Government Grants
$10,635,711
$5,013,156
-53%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$107,985
$118,460
+10%
Other
$1,370
$2,062
+51%
Total Revenues
$13,736,339
$6,841,543
-50%
Expenses
2023
2024
Change
Grants
$10,400,490
$1,328,482
-87%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,977,600
$3,953,890
-1%
Fees to Service Providers
$141,727
$116,264
-18%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$122,491
$32,855
-73%
Interest
$0
$0
-
Depreciation
$57,007
$56,793
0%
Other
$359,982
$311,636
-13%
Total Expenses
$15,059,297
$5,799,920
-61%
Net income
2023
2024
Change
Net income
-$1,322,958
+$1,041,623
-179%
Functional Expenses
Summary
2023
2024
Change
Program
$14,107,933
$4,755,159
-66%
Admin
$951,364
$1,044,761
+10%
Fundraising
$0
$0
-
Total Expenses
$15,059,297
$5,799,920
-61%