Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,703,644
Government Grants
77%
Investments
12%
Program Services
11%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$1,835,658
Salaries & Benefits
72%
Offices, Occupancy & IT
12%
Other
11%
Fees to Service Providers
3%
Depreciation
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$3,099
$3,395
+10%
Government Grants
$1,951,920
$1,308,861
-33%
Fundraising Events
$0
$0
-
Program Services
$186,537
$190,338
+2%
Membership Dues
$0
$0
-
Investments
$83,189
$201,050
+142%
Other
$0
$0
-
Total Revenues
$2,224,745
$1,703,644
-23%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,408,199
$1,316,510
-7%
Fees to Service Providers
$46,330
$52,604
+14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$196,250
$228,726
+17%
Interest
$0
$40
-
Depreciation
$34,664
$37,749
+9%
Other
$200,653
$200,029
0%
Total Expenses
$1,886,096
$1,835,658
-3%
Net income
2023
2024
Change
Net income
+$338,649
-$132,014
-139%
Functional Expenses
Summary
2023
2024
Change
Program
$1,802,833
$1,691,183
-6%
Admin
$83,263
$144,475
+74%
Fundraising
$0
$0
-
Total Expenses
$1,886,096
$1,835,658
-3%