Income Statement

Fiscal Year: 2023
Jul 1, 2022 – Jun 30, 2023
Revenues in 2023
$2,141,130
Program Services
97%
Government Grants
2%
Contributions
1%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2023
$3,402,082
Salaries & Benefits
73%
Interest
15%
Other
7%
Offices, Occupancy & IT
2%
Fees to Service Providers
2%
Depreciation
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2022
2023
Change
Contributions
$197,684
$25,349
-87%
Government Grants
$2,774,156
$41,006
-99%
Fundraising Events
$0
$0
-
Program Services
$3,497,580
$2,074,775
-41%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$6,469,420
$2,141,130
-67%
Expenses
2022
2023
Change
Grants
$76,000
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,804,735
$2,479,995
-35%
Fees to Service Providers
$69,191
$56,242
-19%
Advertising & Promotion
$6,348
$897
-86%
Offices, Occupancy & IT
$122,004
$58,065
-52%
Interest
$146,357
$510,028
+248%
Depreciation
$32,475
$43,133
+33%
Other
$622,871
$253,722
-59%
Total Expenses
$4,879,981
$3,402,082
-30%
Net income
2022
2023
Change
Net income
+$1,589,439
-$1,260,952
-179%
Functional Expenses
Summary
2022
2023
Change
Program
$4,032,518
$2,336,223
-42%
Admin
$842,019
$1,056,470
+25%
Fundraising
$5,444
$9,389
+72%
Total Expenses
$4,879,981
$3,402,082
-30%