Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$59,487,227
Government Grants
55%
Program Services
44%
Investments
<1%
Contributions
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$57,470,365
Salaries & Benefits
67%
Offices, Occupancy & IT
14%
Fees to Service Providers
7%
Grants
6%
Other
5%
Depreciation
1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$99,472
$200,089
+101%
Government Grants
$30,023,241
$32,717,602
+9%
Fundraising Events
$0
$0
-
Program Services
$23,279,926
$26,340,225
+13%
Membership Dues
$0
$0
-
Investments
$177,738
$228,821
+29%
Other
$3,521
$490
-86%
Total Revenues
$53,583,898
$59,487,227
+11%
Expenses
2023
2024
Change
Grants
$3,209,659
$3,269,216
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$34,011,611
$38,226,530
+12%
Fees to Service Providers
$4,089,257
$4,019,248
-2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$7,114,405
$8,180,816
+15%
Interest
$75,911
$100,685
+33%
Depreciation
$521,778
$718,885
+38%
Other
$2,155,398
$2,954,985
+37%
Total Expenses
$51,178,019
$57,470,365
+12%
Net income
2023
2024
Change
Net income
+$2,405,879
+$2,016,862
-16%
Functional Expenses
Summary
2023
2024
Change
Program
$46,682,704
$51,505,096
+10%
Admin
$4,495,315
$5,965,269
+33%
Fundraising
$0
$0
-
Total Expenses
$51,178,019
$57,470,365
+12%