Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$30,622,275
Government Grants
73%
Program Services
18%
Contributions
8%
Other
1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$29,832,100
Salaries & Benefits
59%
Offices, Occupancy & IT
27%
Other
10%
Depreciation
2%
Fees to Service Providers
2%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,796,922
$2,395,666
+33%
Government Grants
$24,515,573
$22,325,697
-9%
Fundraising Events
$0
$0
-
Program Services
$411,541
$5,461,424
+1227%
Membership Dues
$0
$0
-
Investments
$5,066
$11,693
+131%
Other
$50,341
$427,795
+750%
Total Revenues
$26,779,443
$30,622,275
+14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,309,826
$17,640,054
+23%
Fees to Service Providers
$305,213
$458,439
+50%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$6,231,590
$8,119,379
+30%
Interest
$0
$0
-
Depreciation
$511,336
$515,291
+1%
Other
$2,116,518
$3,098,937
+46%
Total Expenses
$23,474,483
$29,832,100
+27%
Net income
2023
2024
Change
Net income
+$3,304,960
+$790,175
-76%
Functional Expenses
Summary
2023
2024
Change
Program
$20,497,592
$26,304,669
+28%
Admin
$2,453,647
$3,085,935
+26%
Fundraising
$523,244
$441,496
-16%
Total Expenses
$23,474,483
$29,832,100
+27%