Income Statement

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Revenues in 2024
$31,284,519
Program Services
95%
Contributions
3%
Other
1%
Government Grants
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$34,466,116
Grants
35%
Salaries & Benefits
33%
Other
11%
Offices, Occupancy & IT
10%
Fees to Service Providers
5%
Depreciation
4%
Interest
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$964,561
$836,040
-13%
Government Grants
$2,576,429
$242,692
-91%
Fundraising Events
$29,165
$0
-100%
Program Services
$25,423,896
$29,574,898
+16%
Membership Dues
$0
$0
-
Investments
$177,901
$214,750
+21%
Other
$159,788
$416,139
+160%
Total Revenues
$29,331,740
$31,284,519
+7%
Expenses
2023
2024
Change
Grants
$9,570,030
$11,998,367
+25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,486,689
$11,465,791
+9%
Fees to Service Providers
$1,744,484
$1,684,656
-3%
Advertising & Promotion
$208,145
$329,711
+58%
Offices, Occupancy & IT
$2,389,192
$3,338,170
+40%
Interest
$413,033
$514,085
+24%
Depreciation
$1,264,765
$1,371,760
+8%
Other
$3,788,376
$3,763,576
-1%
Total Expenses
$29,864,714
$34,466,116
+15%
Net income
2023
2024
Change
Net income
-$532,974
-$3,181,597
-497%
Functional Expenses
Summary
2023
2024
Change
Program
$23,262,036
$27,271,015
+17%
Admin
$6,017,751
$6,550,626
+9%
Fundraising
$584,927
$644,475
+10%
Total Expenses
$29,864,714
$34,466,116
+15%