Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$7,983,458
Government Grants
55%
Contributions
27%
Program Services
15%
Other
4%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$9,640,853
Salaries & Benefits
51%
Other
14%
Offices, Occupancy & IT
13%
Interest
10%
Depreciation
7%
Fees to Service Providers
6%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$3,102,014
$2,130,438
-31%
Government Grants
$3,042,644
$4,354,182
+43%
Fundraising Events
$0
$0
-
Program Services
$1,265,138
$1,202,735
-5%
Membership Dues
$0
$0
-
Investments
$50
$0
-100%
Other
$42,599
$296,103
+595%
Total Revenues
$7,452,445
$7,983,458
+7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,068,138
$4,935,420
-3%
Fees to Service Providers
$430,963
$533,918
+24%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,192,282
$1,231,456
+3%
Interest
$559,960
$984,507
+76%
Depreciation
$528,255
$653,893
+24%
Other
$918,020
$1,301,659
+42%
Total Expenses
$8,697,618
$9,640,853
+11%
Net income
2023
2024
Change
Net income
-$1,245,173
-$1,657,395
-33%
Functional Expenses
Summary
2023
2024
Change
Program
$7,435,117
$8,301,808
+12%
Admin
$1,262,501
$1,339,045
+6%
Fundraising
$0
$0
-
Total Expenses
$8,697,618
$9,640,853
+11%