Income Statement

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Revenues in 2024
$13,203,772
Program Services
85%
Government Grants
14%
Other
<1%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$15,402,414
Salaries & Benefits
36%
Offices, Occupancy & IT
16%
Fees to Service Providers
15%
Depreciation
13%
Interest
13%
Other
5%
Advertising & Promotion
2%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$100
-
Government Grants
$0
$1,839,433
-
Fundraising Events
$0
$0
-
Program Services
$9,422,785
$11,245,692
+19%
Membership Dues
$0
$0
-
Investments
$19,393
$37,235
+92%
Other
$74,088
$81,312
+10%
Total Revenues
$9,516,266
$13,203,772
+39%
Expenses
2023
2024
Change
Grants
$736
$150
-80%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,688,841
$5,501,523
+17%
Fees to Service Providers
$3,260,649
$2,308,154
-29%
Advertising & Promotion
$307,393
$273,073
-11%
Offices, Occupancy & IT
$2,159,308
$2,425,104
+12%
Interest
$1,801,879
$2,022,065
+12%
Depreciation
$1,497,845
$2,046,417
+37%
Other
$881,827
$825,928
-6%
Total Expenses
$14,598,478
$15,402,414
+6%
Net income
2023
2024
Change
Net income
-$5,082,212
-$2,198,642
+57%
Functional Expenses
Summary
2023
2024
Change
Program
$13,328,542
$14,059,951
+5%
Admin
$1,269,936
$1,342,463
+6%
Fundraising
$0
$0
-
Total Expenses
$14,598,478
$15,402,414
+6%