Income Statement

Fiscal Year: 2024
Revenues in 2024
$9,981,142
Government Grants
42%
Program Services
28%
Other
10%
Contributions
10%
Investments
9%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,986,612
Offices, Occupancy & IT
41%
Other
39%
Depreciation
18%
Fees to Service Providers
1%
Advertising & Promotion
1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Revenues
2023
2024
Change
Contributions
$920,000
$1,009,963
+10%
Government Grants
$448,800
$4,222,691
+841%
Fundraising Events
$0
$0
-
Program Services
$4,404,365
$2,837,921
-36%
Membership Dues
$0
$0
-
Investments
$832,111
$880,836
+6%
Other
$736,397
$1,029,731
+40%
Total Revenues
$7,341,673
$9,981,142
+36%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$117,570
$85,527
-27%
Advertising & Promotion
$205,248
$73,015
-64%
Offices, Occupancy & IT
$2,549,831
$2,837,969
+11%
Interest
$45,000
$45,123
+0%
Depreciation
$984,907
$1,239,383
+26%
Other
$2,680,697
$2,705,595
+1%
Total Expenses
$6,583,253
$6,986,612
+6%
Net income
2023
2024
Change
Net income
+$758,420
+$2,994,530
+295%
Functional Expenses
Summary
2023
2024
Change
Program
$5,100,641
$5,547,087
+9%
Admin
$1,482,612
$1,439,525
-3%
Fundraising
$0
$0
-
Total Expenses
$6,583,253
$6,986,612
+6%