Income Statement

Fiscal Year: 2023
Revenues in 2023
$41,924,199
Program Services
74%
Government Grants
13%
Contributions
7%
Other
5%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$57,111,203
Salaries & Benefits
31%
Grants
21%
Other
16%
Offices, Occupancy & IT
13%
Fees to Service Providers
8%
Interest
7%
Depreciation
4%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2022
2023
Change
Contributions
$1,833,061
$2,754,709
+50%
Government Grants
$5,846,312
$5,479,513
-6%
Fundraising Events
$0
$0
-
Program Services
$34,461,199
$31,130,941
-10%
Membership Dues
$0
$0
-
Investments
$329,864
$560,059
+70%
Other
$1,127,510
$1,998,977
+77%
Total Revenues
$43,597,946
$41,924,199
-4%
Expenses
2022
2023
Change
Grants
$15,348,691
$11,935,026
-22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,454,773
$17,756,657
+8%
Fees to Service Providers
$3,668,542
$4,454,034
+21%
Advertising & Promotion
$538,506
$322,759
-40%
Offices, Occupancy & IT
$7,187,674
$7,516,658
+5%
Interest
$3,097,953
$3,758,185
+21%
Depreciation
$2,151,307
$2,116,481
-2%
Other
$4,855,178
$9,251,403
+91%
Total Expenses
$53,302,624
$57,111,203
+7%
Net income
2022
2023
Change
Net income
-$9,704,678
-$15,187,004
-56%
Functional Expenses
Summary
2022
2023
Change
Program
$48,597,886
$46,124,874
-5%
Admin
$4,529,442
$10,761,790
+138%
Fundraising
$175,296
$224,539
+28%
Total Expenses
$53,302,624
$57,111,203
+7%