Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$74,910,785
Government Grants
84%
Program Services
15%
Investments
<1%
Other
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$74,411,201
Grants
76%
Salaries & Benefits
20%
Offices, Occupancy & IT
2%
Other
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$42,397,804
$63,233,179
+49%
Fundraising Events
$0
$0
-
Program Services
$9,924,654
$11,325,128
+14%
Membership Dues
$0
$0
-
Investments
$265,002
$270,953
+2%
Other
$66,591
$81,525
+22%
Total Revenues
$52,654,051
$74,910,785
+42%
Expenses
2023
2024
Change
Grants
$34,184,588
$56,383,445
+65%
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,187,872
$15,157,888
+7%
Fees to Service Providers
$345,976
$504,201
+46%
Advertising & Promotion
$17,461
$17,178
-2%
Offices, Occupancy & IT
$1,183,712
$1,301,566
+10%
Interest
$0
$0
-
Depreciation
$22,837
$8,668
-62%
Other
$1,149,046
$1,038,255
-10%
Total Expenses
$51,091,492
$74,411,201
+46%
Net income
2023
2024
Change
Net income
+$1,562,559
+$499,584
-68%
Functional Expenses
Summary
2023
2024
Change
Program
$48,377,295
$71,405,620
+48%
Admin
$2,714,197
$3,005,581
+11%
Fundraising
$0
$0
-
Total Expenses
$51,091,492
$74,411,201
+46%