Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$26,491,940
Government Grants
52%
Contributions
29%
Program Services
16%
Investments
2%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$12,128,746
Salaries & Benefits
40%
Grants
25%
Other
13%
Fees to Service Providers
9%
Offices, Occupancy & IT
5%
Depreciation
5%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,215,538
$7,555,132
+241%
Government Grants
$14,740,589
$13,787,291
-6%
Fundraising Events
$0
$0
-
Program Services
$3,003,641
$4,363,729
+45%
Membership Dues
$0
$0
-
Investments
$0
$604,646
-
Other
-$91,177
$181,142
-299%
Total Revenues
$19,868,591
$26,491,940
+33%
Expenses
2023
2024
Change
Grants
$6,086,033
$3,078,941
-49%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,398,436
$4,850,348
-10%
Fees to Service Providers
$628,222
$1,049,564
+67%
Advertising & Promotion
$58,021
$36,241
-38%
Offices, Occupancy & IT
$689,278
$657,805
-5%
Interest
$219,737
$236,255
+8%
Depreciation
$548,406
$609,747
+11%
Other
$1,183,876
$1,609,845
+36%
Total Expenses
$14,812,009
$12,128,746
-18%
Net income
2023
2024
Change
Net income
+$5,056,582
+$14,363,194
+184%
Functional Expenses
Summary
2023
2024
Change
Program
$13,486,014
$9,558,342
-29%
Admin
$1,318,769
$2,569,002
+95%
Fundraising
$7,226
$1,402
-81%
Total Expenses
$14,812,009
$12,128,746
-18%