Income Statement

Fiscal Year: 2024
Revenues in 2024
$12,971,591
Government Grants
85%
Program Services
12%
Contributions
3%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$13,852,908
Salaries & Benefits
61%
Grants
21%
Fees to Service Providers
9%
Other
5%
Offices, Occupancy & IT
4%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$646,567
$341,291
-47%
Government Grants
$11,900,546
$11,043,412
-7%
Fundraising Events
$0
$0
-
Program Services
$2,250,912
$1,586,413
-30%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$475
-
Total Revenues
$14,798,025
$12,971,591
-12%
Expenses
2023
2024
Change
Grants
$2,313,718
$2,926,373
+26%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,454,304
$8,416,504
+13%
Fees to Service Providers
$814,620
$1,249,293
+53%
Advertising & Promotion
$91
$0
-100%
Offices, Occupancy & IT
$673,831
$597,802
-11%
Interest
$2,262
$10,191
+351%
Depreciation
$0
$0
-
Other
$907,014
$652,745
-28%
Total Expenses
$12,165,840
$13,852,908
+14%
Net income
2023
2024
Change
Net income
+$2,632,185
-$881,317
-133%
Functional Expenses
Summary
2023
2024
Change
Program
$10,487,462
$12,266,930
+17%
Admin
$1,336,158
$1,487,928
+11%
Fundraising
$342,220
$98,050
-71%
Total Expenses
$12,165,840
$13,852,908
+14%