Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$7,240,703
Government Grants
76%
Contributions
15%
Other
5%
Program Services
3%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$7,082,717
Salaries & Benefits
56%
Grants
24%
Other
15%
Offices, Occupancy & IT
4%
Depreciation
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,148,442
$1,121,330
-2%
Government Grants
$5,344,740
$5,490,035
+3%
Fundraising Events
$0
$0
-
Program Services
$237,877
$253,254
+6%
Membership Dues
$0
$0
-
Investments
$6,907
$36,612
+430%
Other
$0
$339,472
-
Total Revenues
$6,737,966
$7,240,703
+7%
Expenses
2023
2024
Change
Grants
$821,027
$1,702,720
+107%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,110,706
$3,996,123
+28%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$257,439
$287,675
+12%
Interest
$0
$0
-
Depreciation
$1,405
$974
-31%
Other
$1,550,287
$1,095,225
-29%
Total Expenses
$5,740,864
$7,082,717
+23%
Net income
2023
2024
Change
Net income
+$997,102
+$157,986
-84%
Functional Expenses
Summary
2023
2024
Change
Program
$5,089,964
$6,398,029
+26%
Admin
$617,993
$648,679
+5%
Fundraising
$32,907
$36,009
+9%
Total Expenses
$5,740,864
$7,082,717
+23%