Income Statement

Fiscal Year: 2024
Revenues in 2024
$62,013,971
Government Grants
93%
Contributions
6%
Investments
1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$55,970,753
Salaries & Benefits
51%
Offices, Occupancy & IT
24%
Fees to Service Providers
13%
Other
10%
Advertising & Promotion
1%
Depreciation
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,513,970
$3,534,457
+133%
Government Grants
$49,175,584
$57,780,493
+17%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$53,217
$698,005
+1212%
Other
$300
$1,016
+239%
Total Revenues
$50,743,071
$62,013,971
+22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$23,896,245
$28,785,693
+20%
Fees to Service Providers
$6,440,830
$7,230,987
+12%
Advertising & Promotion
$400,120
$693,647
+73%
Offices, Occupancy & IT
$11,768,781
$13,243,482
+13%
Interest
$92,616
$80,317
-13%
Depreciation
$258,795
$325,359
+26%
Other
$4,962,740
$5,611,268
+13%
Total Expenses
$47,820,127
$55,970,753
+17%
Net income
2023
2024
Change
Net income
+$2,922,944
+$6,043,218
+107%
Functional Expenses
Summary
2023
2024
Change
Program
$41,223,797
$48,526,526
+18%
Admin
$6,401,198
$7,150,842
+12%
Fundraising
$195,132
$293,385
+50%
Total Expenses
$47,820,127
$55,970,753
+17%