Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$8,060,129
Government Grants
74%
Contributions
16%
Program Services
6%
Other
3%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$8,447,722
Salaries & Benefits
65%
Offices, Occupancy & IT
22%
Depreciation
5%
Fees to Service Providers
3%
Other
3%
Grants
2%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$2,065,623
$1,321,623
-36%
Government Grants
$5,514,388
$5,960,364
+8%
Fundraising Events
$9,660
$0
-100%
Program Services
$486,306
$474,361
-2%
Membership Dues
$0
$0
-
Investments
$52,083
$60,556
+16%
Other
$678,724
$243,225
-64%
Total Revenues
$8,806,784
$8,060,129
-8%
Expenses
2023
2024
Change
Grants
$81,162
$186,838
+130%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,906,302
$5,480,098
+12%
Fees to Service Providers
$324,386
$267,323
-18%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,552,479
$1,831,752
+18%
Interest
$45,044
$31,947
-29%
Depreciation
$385,497
$394,063
+2%
Other
$320,082
$255,701
-20%
Total Expenses
$7,614,952
$8,447,722
+11%
Net income
2023
2024
Change
Net income
+$1,191,832
-$387,593
-133%
Functional Expenses
Summary
2023
2024
Change
Program
$6,021,538
$6,935,567
+15%
Admin
$1,045,267
$927,283
-11%
Fundraising
$548,147
$584,872
+7%
Total Expenses
$7,614,952
$8,447,722
+11%