Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$56,261,379
Government Grants
95%
Investments
2%
Contributions
1%
Program Services
1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$40,518,009
Fees to Service Providers
75%
Salaries & Benefits
20%
Other
2%
Offices, Occupancy & IT
1%
Grants
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,763,952
$769,602
-56%
Government Grants
$41,703,907
$53,472,562
+28%
Fundraising Events
$0
$0
-
Program Services
$476,742
$680,244
+43%
Membership Dues
$0
$0
-
Investments
$206,592
$1,004,274
+386%
Other
$492,359
$334,697
-32%
Total Revenues
$44,643,552
$56,261,379
+26%
Expenses
2023
2024
Change
Grants
$460,906
$455,756
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,510,116
$8,220,968
+9%
Fees to Service Providers
$31,267,594
$30,582,752
-2%
Advertising & Promotion
$8,123
$41,852
+415%
Offices, Occupancy & IT
$263,738
$505,957
+92%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$298,781
$710,724
+138%
Total Expenses
$39,809,258
$40,518,009
+2%
Net income
2023
2024
Change
Net income
+$4,834,294
+$15,743,370
+226%
Functional Expenses
Summary
2023
2024
Change
Program
$38,488,836
$40,030,684
+4%
Admin
$1,320,422
$487,325
-63%
Fundraising
$0
$0
-
Total Expenses
$39,809,258
$40,518,009
+2%