Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,461,069
Government Grants
57%
Contributions
33%
Program Services
10%
Fundraising Events
<1%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$1,625,040
Salaries & Benefits
42%
Fees to Service Providers
34%
Offices, Occupancy & IT
9%
Grants
7%
Other
6%
Depreciation
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$789,926
$479,482
-39%
Government Grants
$536,175
$828,716
+55%
Fundraising Events
$0
$1,502
-
Program Services
$142,345
$151,369
+6%
Membership Dues
$0
$0
-
Investments
$22
$0
-100%
Other
$0
$0
-
Total Revenues
$1,468,468
$1,461,069
-1%
Expenses
2023
2024
Change
Grants
$96,183
$118,378
+23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$210,558
$676,174
+221%
Fees to Service Providers
$427,344
$556,715
+30%
Advertising & Promotion
$130
$0
-100%
Offices, Occupancy & IT
$135,467
$145,209
+7%
Interest
$43
$0
-100%
Depreciation
$16,085
$28,537
+77%
Other
$42,839
$100,027
+133%
Total Expenses
$928,649
$1,625,040
+75%
Net income
2023
2024
Change
Net income
+$539,819
-$163,971
-130%
Functional Expenses
Summary
2023
2024
Change
Program
$782,113
$1,449,687
+85%
Admin
$146,536
$172,037
+17%
Fundraising
$0
$3,316
-
Total Expenses
$928,649
$1,625,040
+75%