Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2018
$482,963,096
Program Services
98%
Other
1%
Investments
<1%
Government Grants
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2018
$462,660,942
Salaries & Benefits
34%
Other
32%
Offices, Occupancy & IT
23%
Fees to Service Providers
5%
Depreciation
4%
Interest
3%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2017
2018
Change
Contributions
$0
$0
-
Government Grants
$99,034
$95,442
-4%
Fundraising Events
$0
$0
-
Program Services
$399,424,106
$473,231,902
+18%
Membership Dues
$0
$0
-
Investments
$4,242,152
$4,588,955
+8%
Other
$7,987,161
$5,046,797
-37%
Total Revenues
$411,752,453
$482,963,096
+17%
Expenses
2017
2018
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$137,698,531
$156,078,913
+13%
Fees to Service Providers
$20,855,155
$22,846,967
+10%
Advertising & Promotion
$4,951
$4,381
-12%
Offices, Occupancy & IT
$86,870,544
$104,343,717
+20%
Interest
$10,324,953
$12,024,094
+16%
Depreciation
$18,443,861
$19,394,122
+5%
Other
$145,193,779
$147,968,748
+2%
Total Expenses
$419,391,774
$462,660,942
+10%
Net income
2017
2018
Change
Net income
-$7,639,321
+$20,302,154
-366%
Functional Expenses
Summary
2017
2018
Change
Program
$387,323,918
$430,674,302
+11%
Admin
$32,067,856
$31,986,640
0%
Fundraising
$0
$0
-
Total Expenses
$419,391,774
$462,660,942
+10%