Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$11,067,747
Program Services
63%
Government Grants
31%
Other
5%
Investments
2%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$8,005,464
Fees to Service Providers
48%
Interest
32%
Other
15%
Grants
5%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$5,678,258
$3,447,500
-39%
Fundraising Events
$0
$0
-
Program Services
$5,389,551
$6,929,670
+29%
Membership Dues
$0
$0
-
Investments
$81,224
$179,669
+121%
Other
$0
$510,908
-
Total Revenues
$11,149,033
$11,067,747
-1%
Expenses
2023
2024
Change
Grants
$0
$400,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$3,076,548
$3,839,495
+25%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$3,662
$58,146
+1488%
Interest
$1,781,302
$2,544,822
+43%
Depreciation
$0
$0
-
Other
$2,039,682
$1,163,001
-43%
Total Expenses
$6,901,194
$8,005,464
+16%
Net income
2023
2024
Change
Net income
+$4,247,839
+$3,062,283
-28%
Functional Expenses
Summary
2023
2024
Change
Program
$6,234,800
$7,070,582
+13%
Admin
$666,394
$934,882
+40%
Fundraising
$0
$0
-
Total Expenses
$6,901,194
$8,005,464
+16%