Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$88,918,179
Program Services
81%
Government Grants
15%
Investments
3%
Contributions
<1%
Fundraising Events
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$92,118,426
Salaries & Benefits
74%
Grants
13%
Offices, Occupancy & IT
5%
Other
4%
Fees to Service Providers
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$93,359
$183,693
+97%
Government Grants
$14,472,556
$13,641,540
-6%
Fundraising Events
$113,737
$113,058
-1%
Program Services
$65,500,598
$72,254,004
+10%
Membership Dues
$0
$0
-
Investments
$1,852,772
$2,724,466
+47%
Other
-$272,566
$1,418
-101%
Total Revenues
$81,760,456
$88,918,179
+9%
Expenses
2023
2024
Change
Grants
$11,466,616
$12,118,788
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$57,298,933
$67,718,819
+18%
Fees to Service Providers
$3,566,326
$3,369,801
-6%
Advertising & Promotion
$24,051
$57,387
+139%
Offices, Occupancy & IT
$4,470,894
$4,376,720
-2%
Interest
$0
$0
-
Depreciation
$601,394
$828,797
+38%
Other
$4,056,655
$3,648,114
-10%
Total Expenses
$81,484,869
$92,118,426
+13%
Net income
2023
2024
Change
Net income
+$275,587
-$3,200,247
-1261%
Functional Expenses
Summary
2023
2024
Change
Program
$73,110,562
$81,663,563
+12%
Admin
$8,374,307
$10,454,863
+25%
Fundraising
$0
$0
-
Total Expenses
$81,484,869
$92,118,426
+13%