Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$4,178,805
Government Grants
78%
Contributions
10%
Program Services
7%
Investments
5%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$3,215,458
Salaries & Benefits
36%
Grants
32%
Fees to Service Providers
22%
Other
7%
Advertising & Promotion
1%
Offices, Occupancy & IT
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$19,375
$404,707
+1989%
Government Grants
$1,874,311
$3,260,982
+74%
Fundraising Events
$0
$0
-
Program Services
$0
$288,210
-
Membership Dues
$0
$0
-
Investments
$205,641
$224,906
+9%
Other
$1,038
$0
-100%
Total Revenues
$2,100,365
$4,178,805
+99%
Expenses
2023
2024
Change
Grants
$750,000
$1,039,402
+39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$436,633
$1,162,102
+166%
Fees to Service Providers
$526,404
$701,804
+33%
Advertising & Promotion
$48,035
$37,471
-22%
Offices, Occupancy & IT
$12,418
$35,205
+183%
Interest
$0
$0
-
Depreciation
$143
$6,792
+4650%
Other
$115,341
$232,682
+102%
Total Expenses
$1,888,974
$3,215,458
+70%
Net income
2023
2024
Change
Net income
+$211,391
+$963,347
+356%
Functional Expenses
Summary
2023
2024
Change
Program
$1,372,894
$2,181,553
+59%
Admin
$483,099
$931,854
+93%
Fundraising
$32,981
$102,051
+209%
Total Expenses
$1,888,974
$3,215,458
+70%