Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$2,123,898
Government Grants
74%
Other
18%
Investments
5%
Contributions
3%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,608,537
Salaries & Benefits
53%
Offices, Occupancy & IT
33%
Other
9%
Depreciation
5%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$64,500
$72,250
+12%
Government Grants
$2,904,190
$1,567,504
-46%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$33,618
$96,169
+186%
Other
$247,288
$387,975
+57%
Total Revenues
$3,249,596
$2,123,898
-35%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,085,529
$1,389,910
+28%
Fees to Service Providers
$22,012
$16,972
-23%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$226,059
$858,371
+280%
Interest
$0
$0
-
Depreciation
$93,152
$120,093
+29%
Other
$1,361,445
$223,191
-84%
Total Expenses
$2,788,197
$2,608,537
-6%
Net income
2023
2024
Change
Net income
+$461,399
-$484,639
-205%
Functional Expenses
Summary
2023
2024
Change
Program
$2,510,534
$2,336,419
-7%
Admin
$277,663
$272,118
-2%
Fundraising
$0
$0
-
Total Expenses
$2,788,197
$2,608,537
-6%