Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$11,801,333
Contributions
55%
Program Services
26%
Government Grants
11%
Investments
7%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$2,423,869
Salaries & Benefits
44%
Interest
39%
Other
11%
Fees to Service Providers
2%
Grants
2%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$270,000
$6,520,000
+2315%
Government Grants
$2,727,352
$1,297,020
-52%
Fundraising Events
$0
$0
-
Program Services
$2,238,314
$3,106,533
+39%
Membership Dues
$0
$0
-
Investments
$540,986
$877,780
+62%
Other
$0
$0
-
Total Revenues
$5,776,652
$11,801,333
+104%
Expenses
2023
2024
Change
Grants
$0
$43,633
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$726,032
$1,066,973
+47%
Fees to Service Providers
$40,460
$54,265
+34%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$22,871
$24,228
+6%
Interest
$701,966
$952,134
+36%
Depreciation
$4,329
$4,773
+10%
Other
$357,802
$277,863
-22%
Total Expenses
$1,853,460
$2,423,869
+31%
Net income
2023
2024
Change
Net income
+$3,923,192
+$9,377,464
+139%
Functional Expenses
Summary
2023
2024
Change
Program
$1,775,416
$2,369,027
+33%
Admin
$78,044
$54,842
-30%
Fundraising
$0
$0
-
Total Expenses
$1,853,460
$2,423,869
+31%