Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$9,008,766
Government Grants
92%
Other
3%
Contributions
3%
Program Services
2%
Fundraising Events
<1%
Investments
<1%
Membership Dues
0%
Expenses in 2024
$8,099,553
Salaries & Benefits
35%
Grants
29%
Other
22%
Offices, Occupancy & IT
7%
Fees to Service Providers
5%
Depreciation
2%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,555,282
$238,723
-85%
Government Grants
$5,812,195
$8,263,745
+42%
Fundraising Events
$0
$19,465
-
Program Services
$272,824
$220,877
-19%
Membership Dues
$0
$0
-
Investments
$292
$277
-5%
Other
$50,735
$265,679
+424%
Total Revenues
$7,691,328
$9,008,766
+17%
Expenses
2023
2024
Change
Grants
$1,393,370
$2,365,120
+70%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,199,133
$2,803,136
+27%
Fees to Service Providers
$374,189
$374,212
+0%
Advertising & Promotion
$45,593
$39,192
-14%
Offices, Occupancy & IT
$896,304
$570,583
-36%
Interest
$7,609
$10,768
+42%
Depreciation
$217,880
$181,504
-17%
Other
$1,368,317
$1,755,038
+28%
Total Expenses
$6,502,395
$8,099,553
+25%
Net income
2023
2024
Change
Net income
+$1,188,933
+$909,213
-24%
Functional Expenses
Summary
2023
2024
Change
Program
$5,805,621
$7,475,599
+29%
Admin
$682,696
$617,191
-10%
Fundraising
$14,078
$6,763
-52%
Total Expenses
$6,502,395
$8,099,553
+25%