Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$162,797,089
Government Grants
88%
Program Services
10%
Other
1%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$52,611,972
Depreciation
52%
Interest
23%
Other
20%
Salaries & Benefits
3%
Offices, Occupancy & IT
<1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$143,898,246
-
Fundraising Events
$0
$0
-
Program Services
$78,960,009
$16,621,998
-79%
Membership Dues
$0
$0
-
Investments
$13,641
$15,153
+11%
Other
$3,328,627
$2,261,692
-32%
Total Revenues
$82,302,277
$162,797,089
+98%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,383,226
$1,471,669
+6%
Fees to Service Providers
$165,000
$212,726
+29%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$202,549
$236,625
+17%
Interest
$11,669,988
$12,351,006
+6%
Depreciation
$27,222,500
$27,578,083
+1%
Other
$11,286,514
$10,761,863
-5%
Total Expenses
$51,929,777
$52,611,972
+1%
Net income
2023
2024
Change
Net income
+$30,372,500
+$110,185,117
+263%
Functional Expenses
Summary
2023
2024
Change
Program
$51,229,857
$51,828,935
+1%
Admin
$699,920
$783,037
+12%
Fundraising
$0
$0
-
Total Expenses
$51,929,777
$52,611,972
+1%