HMONG AMERICAN PEACE ACADEMY LTD
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$32,540,811
Government Grants
94%
Investments
4%
Contributions
<1%
Other
<1%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$22,453,129
Salaries & Benefits
57%
Other
20%
Depreciation
9%
Offices, Occupancy & IT
8%
Interest
4%
Fees to Service Providers
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$665,762
$311,536
-53%
Government Grants
$22,075,929
$30,621,133
+39%
Fundraising Events
$0
$0
-
Program Services
$147,906
$114,011
-23%
Membership Dues
$0
$0
-
Investments
$520,638
$1,250,775
+140%
Other
$0
$243,356
-
Total Revenues
$23,410,235
$32,540,811
+39%
Expenses
2023
2024
Change
Grants
$1,000
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,029,730
$12,743,070
+16%
Fees to Service Providers
$303,261
$625,119
+106%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,797,577
$1,843,809
+3%
Interest
$910,996
$890,400
-2%
Depreciation
$1,659,267
$1,927,903
+16%
Other
$2,442,367
$4,422,828
+81%
Total Expenses
$18,144,198
$22,453,129
+24%
Net income
2023
2024
Change
Net income
+$5,266,037
+$10,087,682
+92%
Functional Expenses
Summary
2023
2024
Change
Program
$14,911,356
$19,134,882
+28%
Admin
$3,059,139
$3,318,247
+8%
Fundraising
$173,703
$0
-100%
Total Expenses
$18,144,198
$22,453,129
+24%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)