Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$13,198,485
Contributions
61%
Government Grants
33%
Investments
6%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$16,449,330
Other
35%
Salaries & Benefits
34%
Offices, Occupancy & IT
15%
Interest
9%
Fees to Service Providers
5%
Depreciation
1%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$19,594,215
$8,000,000
-59%
Government Grants
$706,323
$4,385,209
+521%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,532,089
$788,761
-49%
Other
$8,218,763
$24,515
-100%
Total Revenues
$30,051,390
$13,198,485
-56%
Expenses
2023
2024
Change
Grants
$116,058
$20,158
-83%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,787,956
$5,574,332
-4%
Fees to Service Providers
$1,464,125
$816,631
-44%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,353,624
$2,429,636
+3%
Interest
$1,581,001
$1,549,857
-2%
Depreciation
$273,026
$236,004
-14%
Other
$4,524,526
$5,822,712
+29%
Total Expenses
$16,100,316
$16,449,330
+2%
Net income
2023
2024
Change
Net income
+$13,951,074
-$3,250,845
-123%
Functional Expenses
Summary
2023
2024
Change
Program
$11,245,069
$12,614,699
+12%
Admin
$4,855,247
$3,834,631
-21%
Fundraising
$0
$0
-
Total Expenses
$16,100,316
$16,449,330
+2%