Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,237,202
Government Grants
73%
Program Services
25%
Other
1%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,627,028
Other
50%
Salaries & Benefits
29%
Depreciation
11%
Interest
7%
Offices, Occupancy & IT
2%
Fees to Service Providers
1%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$333,458
$48,434
-85%
Government Grants
$3,944,486
$3,806,087
-4%
Fundraising Events
$0
$0
-
Program Services
$1,118,237
$1,287,872
+15%
Membership Dues
$0
$0
-
Investments
$41,972
$41,972
+0%
Other
$336,748
$52,837
-84%
Total Revenues
$5,774,901
$5,237,202
-9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,592,567
$1,628,045
+2%
Fees to Service Providers
$212,259
$73,488
-65%
Advertising & Promotion
$48,060
$60,032
+25%
Offices, Occupancy & IT
$80,623
$85,738
+6%
Interest
$386,653
$368,062
-5%
Depreciation
$560,009
$613,751
+10%
Other
$2,460,819
$2,797,912
+14%
Total Expenses
$5,340,990
$5,627,028
+5%
Net income
2023
2024
Change
Net income
+$433,911
-$389,826
-190%
Functional Expenses
Summary
2023
2024
Change
Program
$4,300,837
$4,630,420
+8%
Admin
$1,040,153
$996,608
-4%
Fundraising
$0
$0
-
Total Expenses
$5,340,990
$5,627,028
+5%