Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$7,338,240
Contributions
74%
Investments
13%
Other
13%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,892,331
Salaries & Benefits
54%
Other
21%
Depreciation
10%
Fees to Service Providers
8%
Offices, Occupancy & IT
7%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,386,427
$5,466,397
+61%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$537,615
$951,729
+77%
Other
$156,466
$920,114
+488%
Total Revenues
$4,080,508
$7,338,240
+80%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,498,518
$1,553,372
+4%
Fees to Service Providers
$77,677
$225,830
+191%
Advertising & Promotion
$20,904
$403
-98%
Offices, Occupancy & IT
$214,123
$212,126
-1%
Interest
$0
$0
-
Depreciation
$275,008
$293,824
+7%
Other
$541,397
$606,776
+12%
Total Expenses
$2,627,627
$2,892,331
+10%
Net income
2023
2024
Change
Net income
+$1,452,881
+$4,445,909
+206%
Functional Expenses
Summary
2023
2024
Change
Program
$1,980,459
$2,091,933
+6%
Admin
$431,402
$581,768
+35%
Fundraising
$215,766
$218,630
+1%
Total Expenses
$2,627,627
$2,892,331
+10%