ABILITIES INC OF FLORIDA

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$14,644,177
Program Services
87%
Other
10%
Government Grants
2%
Contributions
2%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$13,088,936
Salaries & Benefits
83%
Other
12%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Depreciation
<1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$244,721
$254,177
+4%
Government Grants
$257,766
$259,492
+1%
Fundraising Events
$0
$0
-
Program Services
$11,146,860
$12,702,262
+14%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$325,716
$1,428,246
+338%
Total Revenues
$11,975,063
$14,644,177
+22%
Expenses
2023
2024
Change
Grants
$750,000
$27,605
-96%
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,676,122
$10,906,847
+13%
Fees to Service Providers
$259,214
$214,732
-17%
Advertising & Promotion
$300
$588
+96%
Offices, Occupancy & IT
$370,504
$365,482
-1%
Interest
$0
$0
-
Depreciation
$45,123
$45,252
+0%
Other
$1,316,405
$1,528,430
+16%
Total Expenses
$12,417,668
$13,088,936
+5%
Net income
2023
2024
Change
Net income
-$442,605
+$1,555,241
-451%
Functional Expenses
Summary
2023
2024
Change
Program
$10,960,474
$11,478,387
+5%
Admin
$1,457,194
$1,610,549
+11%
Fundraising
$0
$0
-
Total Expenses
$12,417,668
$13,088,936
+5%
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