Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,036,985
Program Services
67%
Government Grants
29%
Investments
3%
Other
1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$4,160,877
Salaries & Benefits
66%
Other
15%
Fees to Service Providers
13%
Offices, Occupancy & IT
6%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,174,762
$0
-100%
Government Grants
$1,489,569
$1,436,319
-4%
Fundraising Events
$0
$0
-
Program Services
$4,119,590
$3,390,427
-18%
Membership Dues
$0
$0
-
Investments
$66,820
$139,341
+109%
Other
-$511,708
$70,898
-114%
Total Revenues
$9,339,033
$5,036,985
-46%
Expenses
2023
2024
Change
Grants
$340
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,328,945
$2,727,655
-49%
Fees to Service Providers
$504,559
$541,755
+7%
Advertising & Promotion
$10,714
$17,188
+60%
Offices, Occupancy & IT
$1,947,756
$248,098
-87%
Interest
$0
$0
-
Depreciation
$472,560
$11,605
-98%
Other
$1,054,182
$614,576
-42%
Total Expenses
$9,319,056
$4,160,877
-55%
Net income
2023
2024
Change
Net income
+$19,977
+$876,108
+4286%
Functional Expenses
Summary
2023
2024
Change
Program
$6,818,068
$2,778,918
-59%
Admin
$2,405,572
$1,290,570
-46%
Fundraising
$95,416
$91,389
-4%
Total Expenses
$9,319,056
$4,160,877
-55%