Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,539,078
Contributions
82%
Government Grants
14%
Other
3%
Investments
<1%
Membership Dues
<1%
Fundraising Events
0%
Program Services
0%
Expenses in 2024
$556,730
Other
45%
Salaries & Benefits
44%
Depreciation
6%
Fees to Service Providers
2%
Offices, Occupancy & IT
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$175,517
$2,085,945
+1088%
Government Grants
$692,817
$363,139
-48%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$3,032
$3,075
+1%
Investments
$67,139
$16,829
-75%
Other
$92,953
$70,090
-25%
Total Revenues
$1,031,458
$2,539,078
+146%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$222,355
$244,325
+10%
Fees to Service Providers
$6,739
$13,438
+99%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$5,133
$11,391
+122%
Interest
$4,581
$2,069
-55%
Depreciation
$16,116
$35,356
+119%
Other
$214,663
$250,151
+17%
Total Expenses
$469,587
$556,730
+19%
Net income
2023
2024
Change
Net income
+$561,871
+$1,982,348
+253%
Functional Expenses
Summary
2023
2024
Change
Program
$355,135
$411,449
+16%
Admin
$86,122
$112,218
+30%
Fundraising
$28,330
$33,063
+17%
Total Expenses
$469,587
$556,730
+19%