Income Statement

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Revenues in 2025
$63,300,824
Government Grants
90%
Contributions
5%
Other
4%
Investments
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025
$54,461,641
Salaries & Benefits
55%
Other
17%
Offices, Occupancy & IT
13%
Fees to Service Providers
9%
Interest
5%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$1,399,836
$3,090,595
+121%
Government Grants
$48,533,028
$57,010,031
+17%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$424,722
$874,749
+106%
Other
$0
$2,325,449
-
Total Revenues
$50,357,586
$63,300,824
+26%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$32,077,193
$30,091,007
-6%
Fees to Service Providers
$4,763,870
$4,702,271
-1%
Advertising & Promotion
$340,747
$197,637
-42%
Offices, Occupancy & IT
$2,338,944
$6,892,192
+195%
Interest
$4,711,873
$2,731,170
-42%
Depreciation
$2,905,555
$429,830
-85%
Other
$7,312,097
$9,417,534
+29%
Total Expenses
$54,450,279
$54,461,641
+0%
Net income
2024
2025
Change
Net income
-$4,092,693
+$8,839,183
-316%
Functional Expenses
Summary
2024
2025
Change
Program
$39,229,846
$32,679,934
-17%
Admin
$15,220,433
$21,752,988
+43%
Fundraising
$0
$28,719
-
Total Expenses
$54,450,279
$54,461,641
+0%