Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$4,703,450
Program Services
90%
Contributions
7%
Government Grants
2%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$4,571,066
Salaries & Benefits
65%
Other
27%
Offices, Occupancy & IT
4%
Depreciation
2%
Interest
2%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$194,361
$325,560
+68%
Government Grants
$189,752
$106,345
-44%
Fundraising Events
$0
$0
-
Program Services
$3,997,498
$4,235,061
+6%
Membership Dues
$0
$0
-
Investments
$28,499
$32,674
+15%
Other
$937,843
$3,810
-100%
Total Revenues
$5,347,953
$4,703,450
-12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,533,031
$2,959,384
+17%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$41,101
$183,231
+346%
Interest
$64,776
$84,002
+30%
Depreciation
$79,090
$88,961
+12%
Other
$1,376,052
$1,255,488
-9%
Total Expenses
$4,094,050
$4,571,066
+12%
Net income
2023
2024
Change
Net income
+$1,253,903
+$132,384
-89%
Functional Expenses
Summary
2023
2024
Change
Program
$3,612,802
$3,935,361
+9%
Admin
$481,248
$635,705
+32%
Fundraising
$0
$0
-
Total Expenses
$4,094,050
$4,571,066
+12%