Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,541,796
Government Grants
57%
Program Services
25%
Other
13%
Membership Dues
3%
Investments
1%
Contributions
0%
Fundraising Events
0%
Expenses in 2024
$1,364,126
Salaries & Benefits
56%
Other
27%
Fees to Service Providers
11%
Offices, Occupancy & IT
4%
Depreciation
1%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$925,372
$883,113
-5%
Fundraising Events
$0
$0
-
Program Services
$230,614
$386,826
+68%
Membership Dues
$42,433
$48,112
+13%
Investments
$22,623
$21,718
-4%
Other
$1,751,053
$202,027
-88%
Total Revenues
$2,972,095
$1,541,796
-48%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$523,480
$760,947
+45%
Fees to Service Providers
$157,898
$145,095
-8%
Advertising & Promotion
$394
$144
-63%
Offices, Occupancy & IT
$42,970
$59,097
+38%
Interest
$0
$10,417
-
Depreciation
$8,724
$13,668
+57%
Other
$437,875
$374,758
-14%
Total Expenses
$1,171,341
$1,364,126
+16%
Net income
2023
2024
Change
Net income
+$1,800,754
+$177,670
-90%
Functional Expenses
Summary
2023
2024
Change
Program
$1,171,341
$1,364,126
+16%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$1,171,341
$1,364,126
+16%