Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$33,335,092
Program Services
93%
Investments
7%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$26,914,819
Salaries & Benefits
53%
Fees to Service Providers
21%
Grants
13%
Other
6%
Offices, Occupancy & IT
5%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,176
$27,596
+2247%
Government Grants
$0
$295,689
-
Fundraising Events
$0
$0
-
Program Services
$24,811,291
$30,844,560
+24%
Membership Dues
$0
$0
-
Investments
$873,096
$2,167,247
+148%
Other
-$11,479
$0
-100%
Total Revenues
$25,674,084
$33,335,092
+30%
Expenses
2023
2024
Change
Grants
$416,000
$3,375,000
+711%
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,894,152
$14,309,399
-15%
Fees to Service Providers
$1,479,519
$5,730,219
+287%
Advertising & Promotion
$15,750
$1,875
-88%
Offices, Occupancy & IT
$778,180
$1,252,311
+61%
Interest
$57,488
$171,554
+198%
Depreciation
$398,958
$533,314
+34%
Other
$2,282,598
$1,541,147
-32%
Total Expenses
$22,322,645
$26,914,819
+21%
Net income
2023
2024
Change
Net income
+$3,351,439
+$6,420,273
+92%
Functional Expenses
Summary
2023
2024
Change
Program
$17,835,342
$21,636,523
+21%
Admin
$4,487,303
$5,278,296
+18%
Fundraising
$0
$0
-
Total Expenses
$22,322,645
$26,914,819
+21%