Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$7,212,232
Government Grants
60%
Contributions
35%
Program Services
5%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$6,487,890
Grants
43%
Fees to Service Providers
30%
Salaries & Benefits
18%
Other
8%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,840,364
$2,496,701
+36%
Government Grants
$3,244,686
$4,334,989
+34%
Fundraising Events
$0
$0
-
Program Services
$245,521
$325,659
+33%
Membership Dues
$0
$0
-
Investments
$13,128
$54,883
+318%
Other
$121,549
$0
-100%
Total Revenues
$5,465,248
$7,212,232
+32%
Expenses
2023
2024
Change
Grants
$1,767,486
$2,802,617
+59%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,266,078
$1,169,460
-8%
Fees to Service Providers
$1,989,524
$1,921,488
-3%
Advertising & Promotion
$1,873
$1,449
-23%
Offices, Occupancy & IT
$83,768
$45,327
-46%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$294,771
$547,549
+86%
Total Expenses
$5,403,500
$6,487,890
+20%
Net income
2023
2024
Change
Net income
+$61,748
+$724,342
+1073%
Functional Expenses
Summary
2023
2024
Change
Program
$4,928,174
$6,032,661
+22%
Admin
$475,326
$455,229
-4%
Fundraising
$0
$0
-
Total Expenses
$5,403,500
$6,487,890
+20%