Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$5,103,977
Government Grants
63%
Membership Dues
29%
Program Services
4%
Contributions
3%
Investments
<1%
Fundraising Events
0%
Other
0%
Expenses in 2024
$3,052,422
Salaries & Benefits
58%
Other
17%
Offices, Occupancy & IT
8%
Fees to Service Providers
8%
Advertising & Promotion
7%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$140,000
$130,798
-7%
Government Grants
$690,000
$3,239,803
+370%
Fundraising Events
$0
$0
-
Program Services
$0
$225,000
-
Membership Dues
$1,057,500
$1,497,000
+42%
Investments
$2,291
$11,376
+397%
Other
$15,219
$0
-100%
Total Revenues
$1,905,010
$5,103,977
+168%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$744,011
$1,784,123
+140%
Fees to Service Providers
$7,110
$255,896
+3499%
Advertising & Promotion
$271,080
$224,905
-17%
Offices, Occupancy & IT
$148,112
$255,919
+73%
Interest
$0
$0
-
Depreciation
$1,873
$5,108
+173%
Other
$290,384
$526,471
+81%
Total Expenses
$1,462,570
$3,052,422
+109%
Net income
2023
2024
Change
Net income
+$442,440
+$2,051,555
+364%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$1,462,570
$3,052,422
+109%