Income Statement

Fiscal Year: 2024
Revenues in 2024
$19,346,452
Program Services
51%
Government Grants
41%
Other
6%
Investments
1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,533,581
Interest
73%
Fees to Service Providers
15%
Other
11%
Grants
<1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$150,000
$0
-100%
Government Grants
$3,532,345
$8,000,000
+126%
Fundraising Events
$0
$0
-
Program Services
$6,664,532
$9,936,804
+49%
Membership Dues
$0
$0
-
Investments
$220,063
$228,646
+4%
Other
$665,000
$1,181,002
+78%
Total Revenues
$11,231,940
$19,346,452
+72%
Expenses
2023
2024
Change
Grants
$66,588
$44,030
-34%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$912,824
$955,066
+5%
Advertising & Promotion
$27,272
$15,451
-43%
Offices, Occupancy & IT
$3,065
$3,653
+19%
Interest
$2,338,599
$4,778,773
+104%
Depreciation
$0
$0
-
Other
$738,787
$736,608
0%
Total Expenses
$4,087,135
$6,533,581
+60%
Net income
2023
2024
Change
Net income
+$7,144,805
+$12,812,871
+79%
Functional Expenses
Summary
2023
2024
Change
Program
$3,848,474
$6,313,177
+64%
Admin
$238,661
$220,404
-8%
Fundraising
$0
$0
-
Total Expenses
$4,087,135
$6,533,581
+60%