Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$3,499,825
Government Grants
65%
Program Services
32%
Contributions
2%
Fundraising Events
<1%
Other
<1%
Membership Dues
0%
Investments
0%
Expenses in 2024
$3,765,865
Salaries & Benefits
35%
Other
31%
Offices, Occupancy & IT
16%
Depreciation
11%
Fees to Service Providers
5%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$48,321
$66,969
+39%
Government Grants
$1,705,699
$2,279,597
+34%
Fundraising Events
$11,696
$31,988
+173%
Program Services
$1,022,346
$1,116,581
+9%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
-$3,473
$4,690
-235%
Total Revenues
$2,784,589
$3,499,825
+26%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,106,422
$1,315,113
+19%
Fees to Service Providers
$267,044
$206,581
-23%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$490,240
$602,589
+23%
Interest
$36,432
$36,432
+0%
Depreciation
$426,824
$430,448
+1%
Other
$1,004,713
$1,174,702
+17%
Total Expenses
$3,331,675
$3,765,865
+13%
Net income
2023
2024
Change
Net income
-$547,086
-$266,040
+51%
Functional Expenses
Summary
2023
2024
Change
Program
$2,842,741
$3,100,381
+9%
Admin
$419,396
$531,192
+27%
Fundraising
$69,538
$134,292
+93%
Total Expenses
$3,331,675
$3,765,865
+13%