Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,069,338
Program Services
45%
Government Grants
18%
Contributions
18%
Other
17%
Investments
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$1,643,585
Salaries & Benefits
57%
Offices, Occupancy & IT
22%
Other
17%
Depreciation
3%
Fees to Service Providers
1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$583,993
$362,550
-38%
Government Grants
$20,000
$380,470
+1802%
Fundraising Events
$14,792
$5,000
-66%
Program Services
$928,933
$934,807
+1%
Membership Dues
$0
$0
-
Investments
$6,126
$25,050
+309%
Other
$13,989
$361,461
+2484%
Total Revenues
$1,567,833
$2,069,338
+32%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$813,284
$940,409
+16%
Fees to Service Providers
$0
$19,845
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$165,779
$358,403
+116%
Interest
$1,414
$1,312
-7%
Depreciation
$40,384
$44,478
+10%
Other
$468,055
$279,138
-40%
Total Expenses
$1,488,916
$1,643,585
+10%
Net income
2023
2024
Change
Net income
+$78,917
+$425,753
+439%
Functional Expenses
Summary
2023
2024
Change
Program
$1,234,211
$1,307,044
+6%
Admin
$169,599
$297,437
+75%
Fundraising
$85,106
$39,104
-54%
Total Expenses
$1,488,916
$1,643,585
+10%