Income Statement

Fiscal Year: 2024
Revenues in 2024
$17,256,389
Government Grants
45%
Program Services
41%
Other
11%
Contributions
2%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$14,958,766
Salaries & Benefits
49%
Other
29%
Offices, Occupancy & IT
12%
Depreciation
5%
Fees to Service Providers
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$177,955
$403,004
+126%
Government Grants
$6,419,116
$7,729,971
+20%
Fundraising Events
$0
$73,866
-
Program Services
$6,206,957
$7,029,168
+13%
Membership Dues
$0
$0
-
Investments
$45,793
$80,135
+75%
Other
-$568
$1,940,245
-341692%
Total Revenues
$12,849,253
$17,256,389
+34%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,778,563
$7,338,223
+27%
Fees to Service Providers
$564,886
$336,138
-40%
Advertising & Promotion
$36,921
$70,730
+92%
Offices, Occupancy & IT
$392,319
$1,845,043
+370%
Interest
$133,828
$146,868
+10%
Depreciation
$614,970
$815,126
+33%
Other
$6,652,937
$4,406,638
-34%
Total Expenses
$14,174,424
$14,958,766
+6%
Net income
2023
2024
Change
Net income
-$1,325,171
+$2,297,623
-273%
Functional Expenses
Summary
2023
2024
Change
Program
$12,078,974
$12,825,357
+6%
Admin
$2,048,271
$2,133,409
+4%
Fundraising
$47,179
$0
-100%
Total Expenses
$14,174,424
$14,958,766
+6%