Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$2,184,673
Contributions
49%
Government Grants
28%
Investments
23%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$1,958,645
Salaries & Benefits
70%
Fees to Service Providers
20%
Other
8%
Offices, Occupancy & IT
2%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$641,144
$1,074,117
+68%
Government Grants
$10,494,434
$616,311
-94%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$193,128
$494,245
+156%
Other
$0
$0
-
Total Revenues
$11,328,706
$2,184,673
-81%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,115,175
$1,362,565
+22%
Fees to Service Providers
$198,308
$387,194
+95%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$50,746
$45,227
-11%
Interest
$0
$0
-
Depreciation
$6,085
$4,124
-32%
Other
$115,328
$159,535
+38%
Total Expenses
$1,485,642
$1,958,645
+32%
Net income
2023
2024
Change
Net income
+$9,843,064
+$226,028
-98%
Functional Expenses
Summary
2023
2024
Change
Program
$1,063,034
$1,471,777
+38%
Admin
$237,039
$264,711
+12%
Fundraising
$185,569
$222,157
+20%
Total Expenses
$1,485,642
$1,958,645
+32%