Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$23,350,344
Program Services
89%
Investments
5%
Government Grants
2%
Other
2%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$24,012,951
Salaries & Benefits
54%
Other
19%
Offices, Occupancy & IT
15%
Depreciation
9%
Interest
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$36,898
$222,645
+503%
Government Grants
$382,056
$566,696
+48%
Fundraising Events
$0
$0
-
Program Services
$19,791,800
$20,781,889
+5%
Membership Dues
$0
$0
-
Investments
$1,058,588
$1,250,915
+18%
Other
$671,070
$528,199
-21%
Total Revenues
$21,940,412
$23,350,344
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,944,846
$12,847,428
+8%
Fees to Service Providers
$224,530
$209,049
-7%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,611,902
$3,696,173
+42%
Interest
$560,123
$600,179
+7%
Depreciation
$2,204,777
$2,085,815
-5%
Other
$4,054,736
$4,574,307
+13%
Total Expenses
$21,600,914
$24,012,951
+11%
Net income
2023
2024
Change
Net income
+$339,498
-$662,607
-295%
Functional Expenses
Summary
2023
2024
Change
Program
$17,963,764
$20,454,589
+14%
Admin
$3,637,150
$3,558,362
-2%
Fundraising
$0
$0
-
Total Expenses
$21,600,914
$24,012,951
+11%