Income Statement

Fiscal Year: 2023
Jan 1, 2023 – Dec 31, 2023
Revenues in 2023
$1,898,407
Government Grants
81%
Contributions
19%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2023
$2,153,734
Fees to Service Providers
62%
Salaries & Benefits
32%
Other
5%
Offices, Occupancy & IT
1%
Interest
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Revenues
2022
2023
Change
Contributions
$352,625
$354,000
+0%
Government Grants
$6,096,530
$1,538,776
-75%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$1,393
$5,631
+304%
Total Revenues
$6,450,548
$1,898,407
-71%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$829,303
$679,370
-18%
Fees to Service Providers
$5,419,146
$1,335,541
-75%
Advertising & Promotion
$0
$1,010
-
Offices, Occupancy & IT
$52,412
$28,892
-45%
Interest
$53
$4,309
+8030%
Depreciation
$1,704
$420
-75%
Other
$83,930
$104,192
+24%
Total Expenses
$6,386,548
$2,153,734
-66%
Net income
2022
2023
Change
Net income
+$64,000
-$255,327
-499%
Functional Expenses
Summary
2022
2023
Change
Program
$6,340,318
$2,028,094
-68%
Admin
$46,230
$125,640
+172%
Fundraising
$0
$0
-
Total Expenses
$6,386,548
$2,153,734
-66%