Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,707,600
Government Grants
57%
Contributions
37%
Program Services
4%
Investments
2%
Membership Dues
<1%
Fundraising Events
0%
Other
0%
Expenses in 2024
$1,519,771
Salaries & Benefits
67%
Other
26%
Offices, Occupancy & IT
5%
Fees to Service Providers
2%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$149,486
$633,848
+324%
Government Grants
$1,420,377
$972,827
-32%
Fundraising Events
$0
$0
-
Program Services
$90,764
$62,115
-32%
Membership Dues
$1,735
$7,081
+308%
Investments
$11,226
$31,729
+183%
Other
$0
$0
-
Total Revenues
$1,673,588
$1,707,600
+2%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$853,467
$1,016,829
+19%
Fees to Service Providers
$114,903
$27,467
-76%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$87,582
$78,194
-11%
Interest
$370
$0
-100%
Depreciation
$3,613
$4,648
+29%
Other
$294,089
$392,633
+34%
Total Expenses
$1,354,024
$1,519,771
+12%
Net income
2023
2024
Change
Net income
+$319,564
+$187,829
-41%
Functional Expenses
Summary
2023
2024
Change
Program
$1,040,245
$1,158,528
+11%
Admin
$269,871
$304,677
+13%
Fundraising
$43,908
$56,566
+29%
Total Expenses
$1,354,024
$1,519,771
+12%