Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2023
$2,964,025
Government Grants
75%
Program Services
22%
Other
3%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2023
$3,069,603
Salaries & Benefits
52%
Grants
30%
Offices, Occupancy & IT
10%
Other
5%
Fees to Service Providers
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2022
2023
Change
Contributions
$2,500,000
$0
-100%
Government Grants
$5,563,572
$2,221,513
-60%
Fundraising Events
$0
$0
-
Program Services
$157,076
$662,751
+322%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
-$640,579
$79,761
-112%
Total Revenues
$7,580,069
$2,964,025
-61%
Expenses
2022
2023
Change
Grants
$2,292,336
$921,693
-60%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,307,791
$1,585,735
-31%
Fees to Service Providers
$208,623
$75,667
-64%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$349,434
$318,619
-9%
Interest
$0
$0
-
Depreciation
$6,125
$6,626
+8%
Other
$560,257
$161,263
-71%
Total Expenses
$5,724,566
$3,069,603
-46%
Net income
2022
2023
Change
Net income
+$1,855,503
-$105,578
-106%
Functional Expenses
Summary
2022
2023
Change
Program
$5,492,149
$2,984,003
-46%
Admin
$232,417
$85,600
-63%
Fundraising
$0
$0
-
Total Expenses
$5,724,566
$3,069,603
-46%