Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,081,531
Government Grants
48%
Contributions
44%
Investments
5%
Other
2%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$161,656
Salaries & Benefits
48%
Other
29%
Fees to Service Providers
20%
Advertising & Promotion
2%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,519,500
$921,700
-39%
Government Grants
$1,000,000
$1,000,000
+0%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$81,714
$109,831
+34%
Other
$0
$50,000
-
Total Revenues
$2,601,214
$2,081,531
-20%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,500
$78,000
+373%
Fees to Service Providers
$11,019
$32,519
+195%
Advertising & Promotion
$12,489
$3,336
-73%
Offices, Occupancy & IT
$411
$931
+127%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$256,521
$46,870
-82%
Total Expenses
$296,940
$161,656
-46%
Net income
2023
2024
Change
Net income
+$2,304,274
+$1,919,875
-17%
Functional Expenses
Summary
2023
2024
Change
Program
$254,675
$71,468
-72%
Admin
$28,966
$86,348
+198%
Fundraising
$13,299
$3,840
-71%
Total Expenses
$296,940
$161,656
-46%