Income Statement

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Revenues in 2024
$14,989,493
Program Services
82%
Investments
18%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$47,451,308
Grants
84%
Other
10%
Offices, Occupancy & IT
4%
Salaries & Benefits
1%
Fees to Service Providers
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$25,056,919
$12,303,789
-51%
Membership Dues
$0
$0
-
Investments
$8,681,908
$2,631,276
-70%
Other
$3,309,713
$54,428
-98%
Total Revenues
$37,048,540
$14,989,493
-60%
Expenses
2023
2024
Change
Grants
$202,962,628
$40,008,683
-80%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,521,989
$612,748
-60%
Fees to Service Providers
$1,106,251
$306,166
-72%
Advertising & Promotion
$83,077
$0
-100%
Offices, Occupancy & IT
$4,578,645
$1,816,534
-60%
Interest
$0
$0
-
Depreciation
$1,043,631
$142,667
-86%
Other
$9,401,211
$4,564,510
-51%
Total Expenses
$220,697,432
$47,451,308
-78%
Net income
2023
2024
Change
Net income
-$183,648,892
-$32,461,815
+82%
Functional Expenses
Summary
2023
2024
Change
Program
$215,748,886
$45,400,458
-79%
Admin
$4,948,546
$2,050,850
-59%
Fundraising
$0
$0
-
Total Expenses
$220,697,432
$47,451,308
-78%