Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$1,441,043
Government Grants
70%
Contributions
15%
Program Services
13%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$1,501,491
Grants
50%
Other
29%
Salaries & Benefits
12%
Offices, Occupancy & IT
4%
Fees to Service Providers
3%
Interest
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$25,078
$213,566
+752%
Government Grants
$24,600
$1,007,130
+3994%
Fundraising Events
$0
$0
-
Program Services
$260,953
$191,393
-27%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$28,954
-
Total Revenues
$310,631
$1,441,043
+364%
Expenses
2023
2024
Change
Grants
$20,000
$744,084
+3620%
Benefits to Members
$0
$0
-
Salaries & Benefits
$151,617
$180,651
+19%
Fees to Service Providers
$16,487
$49,943
+203%
Advertising & Promotion
$0
$3,405
-
Offices, Occupancy & IT
$54,900
$62,172
+13%
Interest
$5,909
$26,436
+347%
Depreciation
$88
$355
+303%
Other
$167,752
$434,445
+159%
Total Expenses
$416,753
$1,501,491
+260%
Net income
2023
2024
Change
Net income
-$106,122
-$60,448
+43%
Functional Expenses
Summary
2023
2024
Change
Program
$270,452
$1,266,448
+368%
Admin
$131,261
$212,793
+62%
Fundraising
$15,040
$22,250
+48%
Total Expenses
$416,753
$1,501,491
+260%