Income Statement

Fiscal Year: 2023
Jun 1, 2022 – May 31, 2023
Revenues in 2023
$1,310,661
Program Services
87%
Government Grants
12%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2023
$1,092,688
Salaries & Benefits
65%
Grants
20%
Offices, Occupancy & IT
10%
Other
3%
Fees to Service Providers
1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2022
2023
Change
Contributions
$826
$558
-32%
Government Grants
$96,476
$159,029
+65%
Fundraising Events
$0
$0
-
Program Services
$1,129,793
$1,146,582
+1%
Membership Dues
$0
$0
-
Investments
$302
$4,492
+1387%
Other
$5,581
$0
-100%
Total Revenues
$1,232,978
$1,310,661
+6%
Expenses
2022
2023
Change
Grants
$281,997
$213,646
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$597,735
$708,622
+19%
Fees to Service Providers
$18,532
$14,397
-22%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$112,268
$111,361
-1%
Interest
$0
$0
-
Depreciation
$15,426
$8,772
-43%
Other
$23,858
$35,890
+50%
Total Expenses
$1,049,816
$1,092,688
+4%
Net income
2022
2023
Change
Net income
+$183,162
+$217,973
+19%
Functional Expenses
Summary
2022
2023
Change
Program
$1,022,230
$1,072,898
+5%
Admin
$27,586
$19,790
-28%
Fundraising
$0
$0
-
Total Expenses
$1,049,816
$1,092,688
+4%