Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$45,257,220
Government Grants
57%
Program Services
27%
Contributions
6%
Investments
6%
Other
5%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$43,431,604
Salaries & Benefits
68%
Other
11%
Offices, Occupancy & IT
11%
Fees to Service Providers
8%
Depreciation
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,217,250
$2,650,986
+20%
Government Grants
$22,792,375
$25,643,387
+13%
Fundraising Events
$521,891
$68,622
-87%
Program Services
$11,767,154
$12,305,636
+5%
Membership Dues
$0
$0
-
Investments
$2,597,396
$2,527,941
-3%
Other
$468,446
$2,060,648
+340%
Total Revenues
$40,364,512
$45,257,220
+12%
Expenses
2023
2024
Change
Grants
$74
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$26,295,240
$29,455,745
+12%
Fees to Service Providers
$1,881,466
$3,396,673
+81%
Advertising & Promotion
$22,722
$303,625
+1236%
Offices, Occupancy & IT
$1,804,601
$4,648,582
+158%
Interest
$0
$0
-
Depreciation
$381,383
$790,350
+107%
Other
$8,450,788
$4,836,629
-43%
Total Expenses
$38,836,274
$43,431,604
+12%
Net income
2023
2024
Change
Net income
+$1,528,238
+$1,825,616
+19%
Functional Expenses
Summary
2023
2024
Change
Program
$29,510,429
$33,413,704
+13%
Admin
$7,949,574
$8,542,852
+7%
Fundraising
$1,376,271
$1,475,048
+7%
Total Expenses
$38,836,274
$43,431,604
+12%