Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$14,634,177
Government Grants
85%
Contributions
9%
Other
5%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$13,693,180
Salaries & Benefits
50%
Other
42%
Offices, Occupancy & IT
4%
Advertising & Promotion
4%
Fees to Service Providers
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,406,421
$1,332,839
-45%
Government Grants
$9,839,557
$12,491,543
+27%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$76,430
$140,074
+83%
Other
$682,504
$669,721
-2%
Total Revenues
$13,004,912
$14,634,177
+13%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,830,038
$6,895,048
+18%
Fees to Service Providers
$45,242
$28,194
-38%
Advertising & Promotion
$427,474
$514,243
+20%
Offices, Occupancy & IT
$497,352
$541,083
+9%
Interest
$0
$0
-
Depreciation
$5,992
$8,616
+44%
Other
$4,983,987
$5,705,996
+14%
Total Expenses
$11,790,085
$13,693,180
+16%
Net income
2023
2024
Change
Net income
+$1,214,827
+$940,997
-23%
Functional Expenses
Summary
2023
2024
Change
Program
$10,070,238
$11,541,077
+15%
Admin
$1,719,847
$2,152,103
+25%
Fundraising
$0
$0
-
Total Expenses
$11,790,085
$13,693,180
+16%