Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$8,397,592
Contributions
82%
Investments
10%
Government Grants
5%
Other
3%
Program Services
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$9,139,705
Grants
53%
Salaries & Benefits
22%
Other
10%
Fees to Service Providers
10%
Offices, Occupancy & IT
2%
Advertising & Promotion
2%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$10,704,835
$6,860,861
-36%
Government Grants
$370,452
$427,596
+15%
Fundraising Events
$0
$0
-
Program Services
$0
$87,288
-
Membership Dues
$0
$0
-
Investments
$598,044
$805,827
+35%
Other
$104,301
$216,020
+107%
Total Revenues
$11,777,632
$8,397,592
-29%
Expenses
2023
2024
Change
Grants
$6,603,408
$4,828,038
-27%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,578,843
$2,046,581
+30%
Fees to Service Providers
$1,020,452
$921,049
-10%
Advertising & Promotion
$99,157
$150,689
+52%
Offices, Occupancy & IT
$420,813
$178,615
-58%
Interest
$31,239
$50,137
+60%
Depreciation
$15,582
$14,197
-9%
Other
$816,159
$950,399
+16%
Total Expenses
$10,585,653
$9,139,705
-14%
Net income
2023
2024
Change
Net income
+$1,191,979
-$742,113
-162%
Functional Expenses
Summary
2023
2024
Change
Program
$8,838,610
$7,243,654
-18%
Admin
$1,127,330
$1,123,928
0%
Fundraising
$619,713
$772,123
+25%
Total Expenses
$10,585,653
$9,139,705
-14%