Income Statement

Fiscal Year: 2023
Jul 1, 2022 – Jun 30, 2023
Revenues in 2023
$35,986,176
Program Services
65%
Government Grants
27%
Investments
4%
Contributions
3%
Other
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$38,298,660
Salaries & Benefits
54%
Offices, Occupancy & IT
16%
Fees to Service Providers
15%
Other
10%
Depreciation
2%
Interest
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2022
2023
Change
Contributions
$1,042,285
$1,131,611
+9%
Government Grants
$8,551,271
$9,537,982
+12%
Fundraising Events
$0
$0
-
Program Services
$23,640,256
$23,470,025
-1%
Membership Dues
$0
$0
-
Investments
$146,946
$1,402,255
+854%
Other
-$2,113,772
$444,303
-121%
Total Revenues
$31,266,986
$35,986,176
+15%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$19,494,352
$20,859,704
+7%
Fees to Service Providers
$0
$5,779,807
-
Advertising & Promotion
$262,348
$110,277
-58%
Offices, Occupancy & IT
$4,172,964
$6,177,685
+48%
Interest
$574,831
$663,722
+15%
Depreciation
$676,321
$880,035
+30%
Other
$8,785,698
$3,827,430
-56%
Total Expenses
$33,966,514
$38,298,660
+13%
Net income
2022
2023
Change
Net income
-$2,699,528
-$2,312,484
+14%
Functional Expenses
Summary
2022
2023
Change
Program
$33,966,514
$28,469,204
-16%
Admin
$0
$9,829,456
-
Fundraising
$0
$0
-
Total Expenses
$33,966,514
$38,298,660
+13%