Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$2,615,859
Contributions
42%
Government Grants
31%
Other
26%
Investments
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,049,984
Salaries & Benefits
54%
Other
15%
Offices, Occupancy & IT
12%
Fees to Service Providers
8%
Depreciation
6%
Interest
2%
Advertising & Promotion
2%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,542,942
$1,090,714
-29%
Government Grants
$1,711,125
$801,400
-53%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$59,505
$36,681
-38%
Other
$629,263
$687,064
+9%
Total Revenues
$3,942,835
$2,615,859
-34%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$674,204
$1,106,498
+64%
Fees to Service Providers
$61,262
$164,006
+168%
Advertising & Promotion
$56,348
$41,026
-27%
Offices, Occupancy & IT
$126,861
$254,077
+100%
Interest
$72,522
$50,000
-31%
Depreciation
$140,781
$117,861
-16%
Other
$233,934
$316,516
+35%
Total Expenses
$1,365,912
$2,049,984
+50%
Net income
2023
2024
Change
Net income
+$2,576,923
+$565,875
-78%
Functional Expenses
Summary
2023
2024
Change
Program
$686,565
$1,223,019
+78%
Admin
$430,366
$453,765
+5%
Fundraising
$248,981
$373,200
+50%
Total Expenses
$1,365,912
$2,049,984
+50%