Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$6,807,496
Government Grants
93%
Other
7%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$4,484,576
Salaries & Benefits
45%
Offices, Occupancy & IT
22%
Depreciation
13%
Fees to Service Providers
11%
Other
5%
Advertising & Promotion
3%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$4,809,365
$6,304,996
+31%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$502,500
-
Total Revenues
$4,809,365
$6,807,496
+42%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,554,895
$2,023,698
+30%
Fees to Service Providers
$535,562
$510,292
-5%
Advertising & Promotion
$270,586
$135,124
-50%
Offices, Occupancy & IT
$921,858
$1,006,659
+9%
Interest
$0
$0
-
Depreciation
$0
$599,036
-
Other
$265,906
$209,767
-21%
Total Expenses
$3,548,807
$4,484,576
+26%
Net income
2023
2024
Change
Net income
+$1,260,558
+$2,322,920
+84%
Functional Expenses
Summary
2023
2024
Change
Program
$3,374,807
$4,305,356
+28%
Admin
$174,000
$179,220
+3%
Fundraising
$0
$0
-
Total Expenses
$3,548,807
$4,484,576
+26%