Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$7,122,841
Program Services
68%
Government Grants
21%
Contributions
9%
Investments
1%
Other
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$7,399,790
Salaries & Benefits
45%
Offices, Occupancy & IT
22%
Depreciation
15%
Interest
9%
Other
9%
Advertising & Promotion
<1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$5,212,498
$622,589
-88%
Government Grants
$0
$1,500,000
-
Fundraising Events
$0
$0
-
Program Services
$3,598,148
$4,813,369
+34%
Membership Dues
$0
$0
-
Investments
$44,176
$96,747
+119%
Other
$718,635
$90,136
-87%
Total Revenues
$9,573,457
$7,122,841
-26%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,561,092
$3,331,864
+30%
Fees to Service Providers
$12,015
$16,550
+38%
Advertising & Promotion
$30,685
$20,960
-32%
Offices, Occupancy & IT
$1,115,376
$1,591,691
+43%
Interest
$316,355
$687,074
+117%
Depreciation
$642,619
$1,103,548
+72%
Other
$790,541
$648,103
-18%
Total Expenses
$5,468,683
$7,399,790
+35%
Net income
2023
2024
Change
Net income
+$4,104,774
-$276,949
-107%
Functional Expenses
Summary
2023
2024
Change
Program
$3,998,123
$4,754,089
+19%
Admin
$1,470,560
$2,645,701
+80%
Fundraising
$0
$0
-
Total Expenses
$5,468,683
$7,399,790
+35%