Income Statement

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Revenues in 2024
$43,992,996
Government Grants
80%
Contributions
19%
Program Services
1%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$43,210,867
Grants
50%
Salaries & Benefits
35%
Other
7%
Offices, Occupancy & IT
5%
Depreciation
2%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$5,529,464
$8,316,501
+50%
Government Grants
$35,271,113
$35,209,067
0%
Fundraising Events
$0
$0
-
Program Services
$510,517
$455,165
-11%
Membership Dues
$0
$0
-
Investments
$10,557
$12,083
+14%
Other
$4,079
$180
-96%
Total Revenues
$41,325,730
$43,992,996
+6%
Expenses
2023
2024
Change
Grants
$21,239,483
$21,726,741
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,527,642
$14,951,902
+11%
Fees to Service Providers
$295,584
$379,786
+28%
Advertising & Promotion
$157,837
$91,269
-42%
Offices, Occupancy & IT
$1,936,262
$2,078,073
+7%
Interest
$21,560
$2,031
-91%
Depreciation
$717,126
$816,165
+14%
Other
$2,657,289
$3,164,900
+19%
Total Expenses
$40,552,783
$43,210,867
+7%
Net income
2023
2024
Change
Net income
+$772,947
+$782,129
+1%
Functional Expenses
Summary
2023
2024
Change
Program
$38,898,474
$41,321,616
+6%
Admin
$1,651,684
$1,886,489
+14%
Fundraising
$2,625
$2,762
+5%
Total Expenses
$40,552,783
$43,210,867
+7%