Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$3,210,497
Program Services
68%
Government Grants
30%
Investments
2%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,480,882
Salaries & Benefits
73%
Other
14%
Depreciation
7%
Fees to Service Providers
6%
Interest
<1%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,970,063
$1,450
-100%
Government Grants
$0
$971,037
-
Fundraising Events
$0
$0
-
Program Services
$5,907,823
$2,179,359
-63%
Membership Dues
$0
$0
-
Investments
$119,503
$52,510
-56%
Other
$0
$6,141
-
Total Revenues
$7,997,389
$3,210,497
-60%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,904,274
$4,003,286
-18%
Fees to Service Providers
$62,278
$303,784
+388%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$299,812
$18,964
-94%
Interest
$7,380
$19,476
+164%
Depreciation
$271,828
$367,144
+35%
Other
$1,864,323
$768,228
-59%
Total Expenses
$7,409,895
$5,480,882
-26%
Net income
2023
2024
Change
Net income
+$587,494
-$2,270,385
-486%
Functional Expenses
Summary
2023
2024
Change
Program
$4,955,632
$4,567,962
-8%
Admin
$2,454,263
$912,920
-63%
Fundraising
$0
$0
-
Total Expenses
$7,409,895
$5,480,882
-26%