Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$21,485,686
Program Services
74%
Investments
17%
Government Grants
9%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$13,572,037
Other
50%
Salaries & Benefits
29%
Depreciation
7%
Fees to Service Providers
7%
Advertising & Promotion
4%
Offices, Occupancy & IT
3%
Interest
1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$3,717,900
$1,957,678
-47%
Fundraising Events
$0
$0
-
Program Services
$10,196,346
$15,865,771
+56%
Membership Dues
$0
$0
-
Investments
$2,449,115
$3,662,237
+50%
Other
$1,991,884
$0
-100%
Total Revenues
$18,355,245
$21,485,686
+17%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$177,583
$0
-100%
Salaries & Benefits
$3,081,130
$3,875,822
+26%
Fees to Service Providers
$391,824
$892,420
+128%
Advertising & Promotion
$298,197
$577,041
+94%
Offices, Occupancy & IT
$80,792
$346,238
+329%
Interest
$123,786
$141,681
+14%
Depreciation
$671,617
$903,286
+34%
Other
$7,106,025
$6,835,549
-4%
Total Expenses
$11,930,954
$13,572,037
+14%
Net income
2023
2024
Change
Net income
+$6,424,291
+$7,913,649
+23%
Functional Expenses
Summary
2023
2024
Change
Program
$10,804,645
$12,036,817
+11%
Admin
$1,126,309
$1,518,781
+35%
Fundraising
$0
$16,439
-
Total Expenses
$11,930,954
$13,572,037
+14%