Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$13,591,869
Government Grants
45%
Contributions
38%
Investments
10%
Other
6%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$12,935,380
Salaries & Benefits
52%
Fees to Service Providers
20%
Other
14%
Offices, Occupancy & IT
11%
Depreciation
4%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$5,328,806
$5,186,703
-3%
Government Grants
$6,699,912
$6,148,937
-8%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,940,880
$1,415,865
-64%
Other
$762,943
$840,364
+10%
Total Revenues
$16,732,541
$13,591,869
-19%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,817,699
$6,667,957
+15%
Fees to Service Providers
$2,600,545
$2,523,249
-3%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,447,056
$1,369,214
-5%
Interest
$0
$0
-
Depreciation
$514,855
$573,938
+11%
Other
$1,392,573
$1,801,022
+29%
Total Expenses
$11,772,728
$12,935,380
+10%
Net income
2023
2024
Change
Net income
+$4,959,813
+$656,489
-87%
Functional Expenses
Summary
2023
2024
Change
Program
$9,895,167
$10,868,372
+10%
Admin
$1,089,364
$1,088,532
0%
Fundraising
$788,197
$978,476
+24%
Total Expenses
$11,772,728
$12,935,380
+10%