Income Statement

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Revenues in 2024
$30,574,273
Government Grants
89%
Contributions
4%
Program Services
4%
Investments
2%
Fundraising Events
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$29,647,296
Salaries & Benefits
52%
Grants
26%
Offices, Occupancy & IT
14%
Other
5%
Fees to Service Providers
4%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$2,531,318
$1,345,936
-47%
Government Grants
$29,753,172
$27,299,634
-8%
Fundraising Events
$0
$185,000
-
Program Services
$929,354
$1,113,886
+20%
Membership Dues
$0
$0
-
Investments
$0
$487,119
-
Other
$447,264
$142,698
-68%
Total Revenues
$33,661,108
$30,574,273
-9%
Expenses
2023
2024
Change
Grants
$9,557,955
$7,563,362
-21%
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,129,113
$15,422,057
-4%
Fees to Service Providers
$1,082,934
$1,080,081
0%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,288,283
$4,015,632
-6%
Interest
$0
$25,184
-
Depreciation
$155,842
$187,601
+20%
Other
$1,700,901
$1,353,379
-20%
Total Expenses
$32,915,028
$29,647,296
-10%
Net income
2023
2024
Change
Net income
+$746,080
+$926,977
+24%
Functional Expenses
Summary
2023
2024
Change
Program
$30,466,502
$27,218,321
-11%
Admin
$2,448,526
$2,428,975
-1%
Fundraising
$0
$0
-
Total Expenses
$32,915,028
$29,647,296
-10%