Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$207,500
Government Grants
98%
Contributions
2%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$125,759
Interest
33%
Offices, Occupancy & IT
29%
Fees to Service Providers
18%
Depreciation
12%
Other
4%
Salaries & Benefits
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$110,217
$5,000
-95%
Government Grants
$0
$202,500
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$110,217
$207,500
+88%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$30,859
$4,000
-87%
Fees to Service Providers
$7,284
$23,100
+217%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$28,756
$36,168
+26%
Interest
$53,465
$41,360
-23%
Depreciation
$15,554
$15,554
+0%
Other
$1,750
$5,577
+219%
Total Expenses
$137,668
$125,759
-9%
Net income
2023
2024
Change
Net income
-$27,451
+$81,741
-398%
Functional Expenses
Summary
2023
2024
Change
Program
$113,080
$96,580
-15%
Admin
$24,588
$28,914
+18%
Fundraising
$0
$265
-
Total Expenses
$137,668
$125,759
-9%