Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$604,066
Government Grants
54%
Contributions
44%
Investments
2%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$534,656
Salaries & Benefits
68%
Other
21%
Fees to Service Providers
5%
Offices, Occupancy & IT
3%
Depreciation
3%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$297,892
$263,866
-11%
Government Grants
$234,275
$325,814
+39%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$9,851
$14,386
+46%
Other
$0
$0
-
Total Revenues
$542,018
$604,066
+11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$361,270
$365,854
+1%
Fees to Service Providers
$0
$25,681
-
Advertising & Promotion
$0
$3,670
-
Offices, Occupancy & IT
$0
$15,545
-
Interest
$0
$0
-
Depreciation
$7,039
$14,087
+100%
Other
$123,674
$109,819
-11%
Total Expenses
$491,983
$534,656
+9%
Net income
2023
2024
Change
Net income
+$50,035
+$69,410
+39%
Functional Expenses
Summary
2023
2024
Change
Program
$419,947
$468,004
+11%
Admin
$52,011
$65,353
+26%
Fundraising
$20,025
$1,299
-94%
Total Expenses
$491,983
$534,656
+9%