Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,385,583
Government Grants
51%
Contributions
42%
Membership Dues
4%
Investments
4%
Fundraising Events
0%
Program Services
0%
Other
0%
Expenses in 2024
$1,314,664
Salaries & Benefits
55%
Other
29%
Depreciation
6%
Offices, Occupancy & IT
6%
Fees to Service Providers
5%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$210,646
$577,655
+174%
Government Grants
$582,904
$704,644
+21%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$82,718
$51,773
-37%
Investments
$64,176
$51,511
-20%
Other
-$22,363
$0
-100%
Total Revenues
$918,081
$1,385,583
+51%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$632,387
$723,112
+14%
Fees to Service Providers
$43,703
$62,111
+42%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$86,040
$72,559
-16%
Interest
$421
$966
+129%
Depreciation
$72,757
$76,382
+5%
Other
$347,539
$379,534
+9%
Total Expenses
$1,182,847
$1,314,664
+11%
Net income
2023
2024
Change
Net income
-$264,766
+$70,919
-127%
Functional Expenses
Summary
2023
2024
Change
Program
$1,072,296
$1,183,403
+10%
Admin
$98,024
$114,287
+17%
Fundraising
$12,527
$16,974
+35%
Total Expenses
$1,182,847
$1,314,664
+11%