Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$650,956
Government Grants
82%
Other
18%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$611,162
Other
54%
Salaries & Benefits
33%
Offices, Occupancy & IT
8%
Fees to Service Providers
3%
Advertising & Promotion
2%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$288,885
$535,076
+85%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$17,500
$115,880
+562%
Total Revenues
$306,385
$650,956
+112%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$23,324
$204,209
+776%
Fees to Service Providers
$4,463
$15,646
+251%
Advertising & Promotion
$200
$14,675
+7238%
Offices, Occupancy & IT
$14,820
$47,164
+218%
Interest
$0
$0
-
Depreciation
$0
$420
-
Other
$65,362
$329,048
+403%
Total Expenses
$108,169
$611,162
+465%
Net income
2023
2024
Change
Net income
+$198,216
+$39,794
-80%
Functional Expenses
Summary
2023
2024
Change
Program
$69,080
$542,408
+685%
Admin
$39,089
$68,754
+76%
Fundraising
$0
$0
-
Total Expenses
$108,169
$611,162
+465%