Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$85,982,657
Other
39%
Program Services
36%
Government Grants
14%
Investments
11%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$36,268,687
Salaries & Benefits
45%
Grants
40%
Offices, Occupancy & IT
5%
Fees to Service Providers
5%
Other
2%
Depreciation
2%
Interest
1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$419,761
$84,056
-80%
Government Grants
$10,124,469
$12,322,250
+22%
Fundraising Events
$0
$0
-
Program Services
$21,397,039
$30,890,618
+44%
Membership Dues
$0
$0
-
Investments
$7,823,910
$9,108,689
+16%
Other
$16,343,340
$33,577,044
+105%
Total Revenues
$56,108,519
$85,982,657
+53%
Expenses
2023
2024
Change
Grants
$18,364,613
$14,439,095
-21%
Benefits to Members
$0
$0
-
Salaries & Benefits
$15,190,976
$16,268,951
+7%
Fees to Service Providers
$1,959,566
$1,833,484
-6%
Advertising & Promotion
$1,800
$0
-100%
Offices, Occupancy & IT
$3,334,973
$1,937,858
-42%
Interest
$265,658
$482,607
+82%
Depreciation
$1,203,337
$606,745
-50%
Other
$951,706
$699,947
-26%
Total Expenses
$41,272,629
$36,268,687
-12%
Net income
2023
2024
Change
Net income
+$14,835,890
+$49,713,970
+235%
Functional Expenses
Summary
2023
2024
Change
Program
$31,940,124
$26,425,706
-17%
Admin
$9,294,330
$9,766,981
+5%
Fundraising
$38,175
$76,000
+99%
Total Expenses
$41,272,629
$36,268,687
-12%