Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$26,091,238
Government Grants
99%
Investments
1%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$25,634,512
Salaries & Benefits
68%
Other
25%
Interest
5%
Depreciation
2%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$72,262
$59,203
-18%
Government Grants
$23,518,578
$25,770,314
+10%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$140,246
$261,721
+87%
Other
$0
$0
-
Total Revenues
$23,731,086
$26,091,238
+10%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,347,195
$17,352,906
+6%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$1,412,823
$1,350,757
-4%
Depreciation
$553,716
$590,727
+7%
Other
$5,153,577
$6,340,122
+23%
Total Expenses
$23,467,311
$25,634,512
+9%
Net income
2023
2024
Change
Net income
+$263,775
+$456,726
+73%
Functional Expenses
Summary
2023
2024
Change
Program
$19,624,699
$21,825,616
+11%
Admin
$3,842,612
$3,808,896
-1%
Fundraising
$0
$0
-
Total Expenses
$23,467,311
$25,634,512
+9%