Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$4,078,642
Government Grants
89%
Fundraising Events
5%
Contributions
3%
Other
2%
Investments
1%
Membership Dues
<1%
Program Services
0%
Expenses in 2024
$2,187,369
Salaries & Benefits
58%
Other
25%
Offices, Occupancy & IT
9%
Fees to Service Providers
6%
Depreciation
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$361,400
$104,500
-71%
Government Grants
$2,310,565
$3,623,224
+57%
Fundraising Events
$532,251
$185,670
-65%
Program Services
$0
$0
-
Membership Dues
$20,501
$39,218
+91%
Investments
$70,708
$60,145
-15%
Other
$6,855
$65,885
+861%
Total Revenues
$3,302,280
$4,078,642
+24%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,038,144
$1,273,734
+23%
Fees to Service Providers
$62,331
$129,150
+107%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$220,685
$199,194
-10%
Interest
$0
$0
-
Depreciation
$11,764
$32,769
+179%
Other
$437,315
$552,522
+26%
Total Expenses
$1,770,239
$2,187,369
+24%
Net income
2023
2024
Change
Net income
+$1,532,041
+$1,891,273
+23%
Functional Expenses
Summary
2023
2024
Change
Program
$1,352,344
$1,652,293
+22%
Admin
$279,971
$354,168
+27%
Fundraising
$137,924
$180,908
+31%
Total Expenses
$1,770,239
$2,187,369
+24%