Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$16,949,334
Government Grants
99%
Investments
1%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$16,462,751
Salaries & Benefits
66%
Fees to Service Providers
10%
Offices, Occupancy & IT
9%
Other
9%
Interest
5%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$3,833
$1,503
-61%
Government Grants
$17,142,636
$16,742,383
-2%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$205,448
-
Other
$0
$0
-
Total Revenues
$17,146,469
$16,949,334
-1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,617,447
$10,842,010
+13%
Fees to Service Providers
$1,508,750
$1,619,046
+7%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$529,000
$1,514,464
+186%
Interest
$930,690
$880,532
-5%
Depreciation
$146,996
$161,596
+10%
Other
$1,269,646
$1,445,103
+14%
Total Expenses
$14,002,529
$16,462,751
+18%
Net income
2023
2024
Change
Net income
+$3,143,940
+$486,583
-85%
Functional Expenses
Summary
2023
2024
Change
Program
$7,719,909
$9,162,938
+19%
Admin
$6,282,620
$7,299,813
+16%
Fundraising
$0
$0
-
Total Expenses
$14,002,529
$16,462,751
+18%