Income Statement

Fiscal Year: 2024
Revenues in 2024
$17,566,741
Program Services
98%
Investments
1%
Government Grants
<1%
Other
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$21,266,780
Salaries & Benefits
44%
Interest
19%
Depreciation
13%
Other
10%
Offices, Occupancy & IT
9%
Fees to Service Providers
5%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$1,537,939
$98,020
-94%
Fundraising Events
$0
$0
-
Program Services
$16,199,332
$17,218,928
+6%
Membership Dues
$0
$0
-
Investments
$167,691
$194,357
+16%
Other
$142,111
$55,436
-61%
Total Revenues
$18,047,073
$17,566,741
-3%
Expenses
2023
2024
Change
Grants
$24,500
$67,128
+174%
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,637,192
$9,439,716
+9%
Fees to Service Providers
$942,402
$987,168
+5%
Advertising & Promotion
$95,264
$104,988
+10%
Offices, Occupancy & IT
$1,789,481
$1,874,300
+5%
Interest
$3,890,378
$3,950,529
+2%
Depreciation
$2,767,782
$2,782,927
+1%
Other
$1,812,837
$2,060,024
+14%
Total Expenses
$19,959,836
$21,266,780
+7%
Net income
2023
2024
Change
Net income
-$1,912,763
-$3,700,039
-93%
Functional Expenses
Summary
2023
2024
Change
Program
$17,846,382
$18,908,643
+6%
Admin
$2,113,454
$2,358,137
+12%
Fundraising
$0
$0
-
Total Expenses
$19,959,836
$21,266,780
+7%