Income Statement

Fiscal Year: 2025
Feb 1, 2024 – Jan 31, 2025
Revenues in 2025
$34,804,725
Government Grants
96%
Program Services
3%
Other
<1%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$34,998,579
Salaries & Benefits
64%
Other
18%
Offices, Occupancy & IT
10%
Fees to Service Providers
5%
Depreciation
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2024
2025
Change
Contributions
$0
$92,600
-
Government Grants
$32,430,657
$33,531,054
+3%
Fundraising Events
$0
$0
-
Program Services
$1,077,762
$1,045,095
-3%
Membership Dues
$0
$0
-
Investments
$20,510
$14,116
-31%
Other
$297,099
$121,860
-59%
Total Revenues
$33,826,028
$34,804,725
+3%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$20,967,547
$22,406,418
+7%
Fees to Service Providers
$1,788,703
$1,912,573
+7%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$3,197,372
$3,387,224
+6%
Interest
$300,724
$289,734
-4%
Depreciation
$504,364
$659,507
+31%
Other
$7,053,673
$6,343,123
-10%
Total Expenses
$33,812,383
$34,998,579
+4%
Net income
2024
2025
Change
Net income
+$13,645
-$193,854
-1521%
Functional Expenses
Summary
2024
2025
Change
Program
$30,377,432
$33,241,105
+9%
Admin
$3,434,951
$1,757,474
-49%
Fundraising
$0
$0
-
Total Expenses
$33,812,383
$34,998,579
+4%