Income Statement

Fiscal Year: 2025
Mar 1, 2024 – Feb 28, 2025
Revenues in 2025
$36,147,266
Program Services
63%
Government Grants
34%
Investments
2%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$37,838,606
Salaries & Benefits
55%
Other
19%
Fees to Service Providers
12%
Offices, Occupancy & IT
10%
Depreciation
3%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2024
2025
Change
Contributions
$38,600
$103,862
+169%
Government Grants
$12,788,463
$12,270,139
-4%
Fundraising Events
$0
$0
-
Program Services
$24,569,625
$22,801,727
-7%
Membership Dues
$0
$0
-
Investments
$554,316
$846,440
+53%
Other
$439,464
$125,098
-72%
Total Revenues
$38,390,468
$36,147,266
-6%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$22,256,671
$20,818,573
-6%
Fees to Service Providers
$3,967,916
$4,632,410
+17%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$3,692,934
$3,758,395
+2%
Interest
$99,431
$82,464
-17%
Depreciation
$1,119,229
$1,257,785
+12%
Other
$7,485,268
$7,288,979
-3%
Total Expenses
$38,621,449
$37,838,606
-2%
Net income
2024
2025
Change
Net income
-$230,981
-$1,691,340
-632%
Functional Expenses
Summary
2024
2025
Change
Program
$29,741,536
$28,471,689
-4%
Admin
$8,879,913
$9,366,917
+5%
Fundraising
$0
$0
-
Total Expenses
$38,621,449
$37,838,606
-2%