Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$21,413,478
Government Grants
64%
Program Services
23%
Investments
12%
Contributions
1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,753,412
Salaries & Benefits
34%
Interest
32%
Other
15%
Fees to Service Providers
9%
Grants
6%
Offices, Occupancy & IT
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$966,168
$265,991
-72%
Government Grants
$12,934,657
$13,702,878
+6%
Fundraising Events
$0
$0
-
Program Services
$3,471,592
$4,930,123
+42%
Membership Dues
$0
$0
-
Investments
$1,948,016
$2,468,238
+27%
Other
$39,933
$46,248
+16%
Total Revenues
$19,360,366
$21,413,478
+11%
Expenses
2023
2024
Change
Grants
$352,851
$362,962
+3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,704,283
$1,930,897
+13%
Fees to Service Providers
$297,536
$519,335
+75%
Advertising & Promotion
$58,198
$9,325
-84%
Offices, Occupancy & IT
$226,820
$234,314
+3%
Interest
$883,970
$1,812,508
+105%
Depreciation
$8,116
$9,328
+15%
Other
$1,407,641
$874,743
-38%
Total Expenses
$4,939,415
$5,753,412
+16%
Net income
2023
2024
Change
Net income
+$14,420,951
+$15,660,066
+9%
Functional Expenses
Summary
2023
2024
Change
Program
$4,327,898
$4,957,762
+15%
Admin
$611,517
$795,650
+30%
Fundraising
$0
$0
-
Total Expenses
$4,939,415
$5,753,412
+16%