Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$6,577,756
Government Grants
64%
Program Services
20%
Contributions
8%
Other
5%
Fundraising Events
1%
Investments
1%
Membership Dues
0%
Expenses in 2024
$6,543,740
Salaries & Benefits
60%
Other
16%
Grants
12%
Offices, Occupancy & IT
8%
Fees to Service Providers
3%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$376,225
$526,685
+40%
Government Grants
$3,708,582
$4,189,085
+13%
Fundraising Events
$0
$94,755
-
Program Services
$1,033,151
$1,319,249
+28%
Membership Dues
$0
$0
-
Investments
$12,333
$90,901
+637%
Other
$212,190
$357,081
+68%
Total Revenues
$5,342,481
$6,577,756
+23%
Expenses
2023
2024
Change
Grants
$403,855
$816,256
+102%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,924,360
$3,894,040
+33%
Fees to Service Providers
$288,900
$191,777
-34%
Advertising & Promotion
$19,867
$0
-100%
Offices, Occupancy & IT
$470,693
$529,779
+13%
Interest
$19,341
$39,988
+107%
Depreciation
$181,692
$0
-100%
Other
$463,767
$1,071,900
+131%
Total Expenses
$4,772,475
$6,543,740
+37%
Net income
2023
2024
Change
Net income
+$570,006
+$34,016
-94%
Functional Expenses
Summary
2023
2024
Change
Program
$3,636,134
$4,432,997
+22%
Admin
$1,113,489
$2,025,432
+82%
Fundraising
$22,852
$85,311
+273%
Total Expenses
$4,772,475
$6,543,740
+37%