Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,853,173
Government Grants
>99%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$5,082,412
Salaries & Benefits
92%
Offices, Occupancy & IT
4%
Other
3%
Fees to Service Providers
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$4,500,421
$4,852,639
+8%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$492
$534
+9%
Other
$20,000
$0
-100%
Total Revenues
$4,520,913
$4,853,173
+7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,958,083
$4,677,930
+18%
Fees to Service Providers
$16,516
$30,415
+84%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$180,000
$206,770
+15%
Interest
$0
$0
-
Depreciation
$3,891
$5,881
+51%
Other
$165,639
$161,416
-3%
Total Expenses
$4,324,129
$5,082,412
+18%
Net income
2023
2024
Change
Net income
+$196,784
-$229,239
-216%
Functional Expenses
Summary
2023
2024
Change
Program
$3,679,749
$4,275,597
+16%
Admin
$644,380
$806,815
+25%
Fundraising
$0
$0
-
Total Expenses
$4,324,129
$5,082,412
+18%