Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$1,228,109
Investments
52%
Government Grants
20%
Contributions
20%
Other
6%
Fundraising Events
2%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$3,963,520
Grants
54%
Salaries & Benefits
29%
Fees to Service Providers
12%
Offices, Occupancy & IT
3%
Other
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$162,819
$246,503
+51%
Government Grants
$83,430
$248,440
+198%
Fundraising Events
$0
$24,185
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$599,024
$633,517
+6%
Other
$11,607
$75,464
+550%
Total Revenues
$856,880
$1,228,109
+43%
Expenses
2023
2024
Change
Grants
$1,661,796
$2,144,262
+29%
Benefits to Members
$0
$0
-
Salaries & Benefits
$869,631
$1,130,857
+30%
Fees to Service Providers
$440,683
$483,579
+10%
Advertising & Promotion
$7,762
$12,160
+57%
Offices, Occupancy & IT
$120,554
$138,201
+15%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$49,863
$54,461
+9%
Total Expenses
$3,150,289
$3,963,520
+26%
Net income
2023
2024
Change
Net income
-$2,293,409
-$2,735,411
-19%
Functional Expenses
Summary
2023
2024
Change
Program
$2,629,946
$3,310,485
+26%
Admin
$144,717
$222,153
+54%
Fundraising
$375,626
$430,882
+15%
Total Expenses
$3,150,289
$3,963,520
+26%