Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$14,939,379
Government Grants
57%
Program Services
26%
Other
9%
Contributions
5%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$10,565,780
Other
55%
Salaries & Benefits
28%
Depreciation
7%
Fees to Service Providers
5%
Offices, Occupancy & IT
3%
Interest
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,149,543
$748,524
-35%
Government Grants
$3,510,161
$8,511,496
+142%
Fundraising Events
$0
$0
-
Program Services
$3,031,335
$3,835,133
+27%
Membership Dues
$0
$0
-
Investments
$328,759
$435,810
+33%
Other
$450,576
$1,408,416
+213%
Total Revenues
$8,470,374
$14,939,379
+76%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,303,765
$2,970,491
+29%
Fees to Service Providers
$282,535
$508,673
+80%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$210,308
$291,773
+39%
Interest
$273,949
$265,639
-3%
Depreciation
$721,265
$760,488
+5%
Other
$4,443,954
$5,768,716
+30%
Total Expenses
$8,235,776
$10,565,780
+28%
Net income
2023
2024
Change
Net income
+$234,598
+$4,373,599
+1764%
Functional Expenses
Summary
2023
2024
Change
Program
$7,630,970
$9,847,434
+29%
Admin
$368,143
$437,255
+19%
Fundraising
$236,663
$281,091
+19%
Total Expenses
$8,235,776
$10,565,780
+28%