Income Statement

Fiscal Year: 2024
Revenues in 2024
$4,084,121
Government Grants
95%
Program Services
5%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$1,123,583
Salaries & Benefits
50%
Other
45%
Fees to Service Providers
3%
Depreciation
2%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$2,531,644
$3,862,636
+53%
Fundraising Events
$0
$0
-
Program Services
$260,151
$221,485
-15%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$2,791,795
$4,084,121
+46%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$656,743
$558,939
-15%
Fees to Service Providers
$32,121
$29,774
-7%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$8,173
$5,906
-28%
Interest
$0
$0
-
Depreciation
$28,458
$26,348
-7%
Other
$656,754
$502,616
-23%
Total Expenses
$1,382,249
$1,123,583
-19%
Net income
2023
2024
Change
Net income
+$1,409,546
+$2,960,538
+110%
Functional Expenses
Summary
2023
2024
Change
Program
$1,136,125
$1,122,525
-1%
Admin
$246,124
$1,058
-100%
Fundraising
$0
$0
-
Total Expenses
$1,382,249
$1,123,583
-19%