Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$2,042,638
Government Grants
51%
Contributions
27%
Program Services
18%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$2,029,435
Salaries & Benefits
54%
Other
29%
Offices, Occupancy & IT
10%
Fees to Service Providers
5%
Depreciation
1%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,022,751
$543,510
-47%
Government Grants
$1,149,353
$1,051,555
-9%
Fundraising Events
$0
$0
-
Program Services
$732,647
$376,994
-49%
Membership Dues
$0
$0
-
Investments
$36,166
$70,579
+95%
Other
$0
$0
-
Total Revenues
$2,940,917
$2,042,638
-31%
Expenses
2023
2024
Change
Grants
$9,123
$9,192
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,051,353
$1,099,583
+5%
Fees to Service Providers
$99,283
$107,183
+8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$56,093
$202,652
+261%
Interest
$4,174
$0
-100%
Depreciation
$33,977
$22,697
-33%
Other
$553,498
$588,128
+6%
Total Expenses
$1,807,501
$2,029,435
+12%
Net income
2023
2024
Change
Net income
+$1,133,416
+$13,203
-99%
Functional Expenses
Summary
2023
2024
Change
Program
$1,725,580
$1,918,718
+11%
Admin
$78,463
$105,589
+35%
Fundraising
$3,458
$5,128
+48%
Total Expenses
$1,807,501
$2,029,435
+12%