Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$3,693,437
Program Services
42%
Government Grants
30%
Contributions
23%
Investments
5%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$2,100,908
Salaries & Benefits
50%
Other
20%
Offices, Occupancy & IT
15%
Depreciation
8%
Interest
4%
Fees to Service Providers
2%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$592,753
$858,564
+45%
Government Grants
$0
$1,104,454
-
Fundraising Events
$0
$0
-
Program Services
$2,547,829
$1,547,380
-39%
Membership Dues
$0
$0
-
Investments
$76,372
$183,039
+140%
Other
$0
$0
-
Total Revenues
$3,216,954
$3,693,437
+15%
Expenses
2023
2024
Change
Grants
$0
$18,811
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$803,830
$1,057,852
+32%
Fees to Service Providers
$21,572
$49,637
+130%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$238,803
$315,061
+32%
Interest
$93,077
$89,361
-4%
Depreciation
$146,814
$160,348
+9%
Other
$460,217
$409,838
-11%
Total Expenses
$1,764,313
$2,100,908
+19%
Net income
2023
2024
Change
Net income
+$1,452,641
+$1,592,529
+10%
Functional Expenses
Summary
2023
2024
Change
Program
$1,391,047
$1,702,698
+22%
Admin
$373,266
$395,710
+6%
Fundraising
$0
$2,500
-
Total Expenses
$1,764,313
$2,100,908
+19%