Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$56,254,776
Government Grants
93%
Program Services
4%
Other
2%
Contributions
<1%
Fundraising Events
<1%
Investments
<1%
Membership Dues
0%
Expenses in 2024
$53,544,895
Grants
67%
Salaries & Benefits
17%
Other
6%
Offices, Occupancy & IT
4%
Fees to Service Providers
2%
Interest
2%
Depreciation
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$699,078
$262,601
-62%
Government Grants
$39,341,191
$52,363,971
+33%
Fundraising Events
$89,609
$37,194
-58%
Program Services
$6,471,896
$2,489,913
-62%
Membership Dues
$0
$0
-
Investments
$3,082
$2,370
-23%
Other
$882,734
$1,098,727
+24%
Total Revenues
$47,487,590
$56,254,776
+18%
Expenses
2023
2024
Change
Grants
$31,274,929
$36,059,569
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,726,585
$9,026,634
+3%
Fees to Service Providers
$391,726
$1,274,267
+225%
Advertising & Promotion
$0
$147
-
Offices, Occupancy & IT
$2,902,876
$2,386,543
-18%
Interest
$841,247
$998,771
+19%
Depreciation
$825,228
$851,532
+3%
Other
$1,981,391
$2,947,432
+49%
Total Expenses
$46,943,982
$53,544,895
+14%
Net income
2023
2024
Change
Net income
+$543,608
+$2,709,881
+398%
Functional Expenses
Summary
2023
2024
Change
Program
$44,664,902
$49,087,363
+10%
Admin
$2,279,080
$4,457,532
+96%
Fundraising
$0
$0
-
Total Expenses
$46,943,982
$53,544,895
+14%