Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$17,472,903
Program Services
49%
Government Grants
37%
Other
8%
Contributions
3%
Investments
3%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$16,285,815
Salaries & Benefits
80%
Other
11%
Offices, Occupancy & IT
5%
Depreciation
3%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,392,507
$607,100
-75%
Government Grants
$9,386,556
$6,408,413
-32%
Fundraising Events
$0
$90,474
-
Program Services
$7,902,250
$8,559,205
+8%
Membership Dues
$0
$0
-
Investments
$235,086
$477,795
+103%
Other
$1,536,579
$1,329,916
-13%
Total Revenues
$21,452,978
$17,472,903
-19%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,518,833
$13,047,213
-3%
Fees to Service Providers
$212,466
$99,206
-53%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$683,898
$802,219
+17%
Interest
$24,852
$0
-100%
Depreciation
$768,540
$493,326
-36%
Other
$1,563,989
$1,843,851
+18%
Total Expenses
$16,772,578
$16,285,815
-3%
Net income
2023
2024
Change
Net income
+$4,680,400
+$1,187,088
-75%
Functional Expenses
Summary
2023
2024
Change
Program
$15,775,114
$16,042,552
+2%
Admin
$997,256
$243,263
-76%
Fundraising
$208
$0
-100%
Total Expenses
$16,772,578
$16,285,815
-3%