Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$27,349,136
Government Grants
60%
Other
38%
Investments
1%
Contributions
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$25,412,035
Salaries & Benefits
68%
Grants
19%
Other
6%
Offices, Occupancy & IT
3%
Fees to Service Providers
3%
Depreciation
3%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$13,986,001
$16,535,356
+18%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$439,886
$328,181
-25%
Other
$9,895,524
$10,485,599
+6%
Total Revenues
$24,321,411
$27,349,136
+12%
Expenses
2023
2024
Change
Grants
$1,793,602
$4,757,705
+165%
Benefits to Members
$0
$0
-
Salaries & Benefits
$15,929,173
$17,220,934
+8%
Fees to Service Providers
$592,761
$662,763
+12%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$558,093
$665,477
+19%
Interest
$57,734
$42,799
-26%
Depreciation
$631,009
$656,815
+4%
Other
$1,280,022
$1,405,542
+10%
Total Expenses
$20,842,394
$25,412,035
+22%
Net income
2023
2024
Change
Net income
+$3,479,017
+$1,937,101
-44%
Functional Expenses
Summary
2023
2024
Change
Program
$18,769,733
$23,337,797
+24%
Admin
$2,072,661
$2,074,238
+0%
Fundraising
$0
$0
-
Total Expenses
$20,842,394
$25,412,035
+22%