Income Statement

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Revenues in 2024
$9,944,517
Government Grants
78%
Program Services
15%
Other
6%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,584,723
Salaries & Benefits
53%
Other
23%
Depreciation
16%
Offices, Occupancy & IT
4%
Fees to Service Providers
3%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$5,747,062
$7,738,797
+35%
Fundraising Events
$0
$0
-
Program Services
$1,466,989
$1,529,938
+4%
Membership Dues
$0
$0
-
Investments
$57,719
$95,356
+65%
Other
$560,377
$580,426
+4%
Total Revenues
$7,832,147
$9,944,517
+27%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,340,779
$3,494,780
+5%
Fees to Service Providers
$181,717
$217,427
+20%
Advertising & Promotion
$41,846
$34,650
-17%
Offices, Occupancy & IT
$268,122
$257,084
-4%
Interest
$0
$1,700
-
Depreciation
$608,856
$1,068,708
+76%
Other
$1,413,908
$1,510,374
+7%
Total Expenses
$5,855,228
$6,584,723
+12%
Net income
2023
2024
Change
Net income
+$1,976,919
+$3,359,794
+70%
Functional Expenses
Summary
2023
2024
Change
Program
$5,231,512
$6,034,167
+15%
Admin
$623,716
$550,556
-12%
Fundraising
$0
$0
-
Total Expenses
$5,855,228
$6,584,723
+12%