Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,358,416
Program Services
48%
Government Grants
27%
Contributions
23%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$1,395,576
Salaries & Benefits
71%
Other
17%
Fees to Service Providers
5%
Offices, Occupancy & IT
4%
Depreciation
2%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$293,417
$310,305
+6%
Government Grants
$1,715,233
$368,243
-79%
Fundraising Events
$0
$0
-
Program Services
$622,517
$650,981
+5%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$11,044
$28,887
+162%
Total Revenues
$2,642,211
$1,358,416
-49%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$601,034
$985,169
+64%
Fees to Service Providers
$23,612
$65,403
+177%
Advertising & Promotion
$2,667
$15,005
+463%
Offices, Occupancy & IT
$12,685
$53,988
+326%
Interest
$16,894
$0
-100%
Depreciation
$14,231
$32,354
+127%
Other
$305,693
$243,657
-20%
Total Expenses
$976,816
$1,395,576
+43%
Net income
2023
2024
Change
Net income
+$1,665,395
-$37,160
-102%
Functional Expenses
Summary
2023
2024
Change
Program
$707,315
$935,948
+32%
Admin
$162,315
$240,957
+48%
Fundraising
$107,186
$218,671
+104%
Total Expenses
$976,816
$1,395,576
+43%