Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$62,637,917
Government Grants
98%
Contributions
1%
Investments
<1%
Program Services
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$68,263,738
Salaries & Benefits
64%
Other
11%
Fees to Service Providers
8%
Interest
8%
Depreciation
5%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$705,815
$858,467
+22%
Government Grants
$57,926,513
$61,490,544
+6%
Fundraising Events
$0
$0
-
Program Services
$64,473
$113,147
+75%
Membership Dues
$0
$0
-
Investments
$143,917
$113,350
-21%
Other
$52,063
$62,409
+20%
Total Revenues
$58,892,781
$62,637,917
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$35,053,994
$43,883,811
+25%
Fees to Service Providers
$4,634,493
$5,728,189
+24%
Advertising & Promotion
$46,509
$77,686
+67%
Offices, Occupancy & IT
$1,151,188
$1,591,682
+38%
Interest
$4,975,288
$5,464,328
+10%
Depreciation
$3,172,396
$3,712,501
+17%
Other
$7,634,991
$7,805,541
+2%
Total Expenses
$56,668,859
$68,263,738
+20%
Net income
2023
2024
Change
Net income
+$2,223,922
-$5,625,821
-353%
Functional Expenses
Summary
2023
2024
Change
Program
$53,302,231
$63,096,314
+18%
Admin
$3,365,019
$5,167,365
+54%
Fundraising
$1,609
$59
-96%
Total Expenses
$56,668,859
$68,263,738
+20%