Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$3,117,442
Government Grants
80%
Program Services
12%
Contributions
6%
Other
2%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,645,460
Salaries & Benefits
57%
Other
37%
Offices, Occupancy & IT
3%
Interest
1%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$135,119
$182,297
+35%
Government Grants
$1,909,857
$2,486,559
+30%
Fundraising Events
$0
$0
-
Program Services
$389,664
$375,272
-4%
Membership Dues
$0
$0
-
Investments
$17,570
$24,323
+38%
Other
$44,246
$48,991
+11%
Total Revenues
$2,496,456
$3,117,442
+25%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,231,341
$1,510,971
+23%
Fees to Service Providers
$24,967
$37,171
+49%
Advertising & Promotion
$519
$237
-54%
Offices, Occupancy & IT
$69,941
$75,567
+8%
Interest
$0
$37,758
-
Depreciation
$0
$0
-
Other
$860,579
$983,756
+14%
Total Expenses
$2,187,347
$2,645,460
+21%
Net income
2023
2024
Change
Net income
+$309,109
+$471,982
+53%
Functional Expenses
Summary
2023
2024
Change
Program
$1,842,223
$2,247,531
+22%
Admin
$269,971
$315,839
+17%
Fundraising
$75,153
$82,090
+9%
Total Expenses
$2,187,347
$2,645,460
+21%