Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$79,386,823
Government Grants
97%
Investments
2%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$74,619,316
Salaries & Benefits
70%
Other
18%
Interest
8%
Depreciation
3%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$5,073,121
$432,478
-91%
Government Grants
$69,331,772
$76,990,668
+11%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$385,091
$1,963,677
+410%
Other
$0
$0
-
Total Revenues
$74,789,984
$79,386,823
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$48,944,526
$52,557,013
+7%
Fees to Service Providers
$4,923,397
$0
-100%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$5,372,946
$6,159,109
+15%
Depreciation
$1,812,321
$2,213,763
+22%
Other
$9,069,636
$13,689,431
+51%
Total Expenses
$70,122,826
$74,619,316
+6%
Net income
2023
2024
Change
Net income
+$4,667,158
+$4,767,507
+2%
Functional Expenses
Summary
2023
2024
Change
Program
$55,765,012
$61,319,502
+10%
Admin
$14,357,814
$13,299,814
-7%
Fundraising
$0
$0
-
Total Expenses
$70,122,826
$74,619,316
+6%