Income Statement

Fiscal Year: 2024
Revenues in 2024
$15,188,600
Program Services
74%
Government Grants
22%
Investments
3%
Contributions
2%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$14,702,298
Salaries & Benefits
53%
Other
12%
Depreciation
10%
Interest
9%
Offices, Occupancy & IT
8%
Fees to Service Providers
8%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$192,975
$239,129
+24%
Government Grants
$2,938,624
$3,315,433
+13%
Fundraising Events
$0
$0
-
Program Services
$10,792,634
$11,193,374
+4%
Membership Dues
$0
$0
-
Investments
$337,773
$440,664
+30%
Other
$0
$0
-
Total Revenues
$14,262,006
$15,188,600
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,955,079
$7,737,682
+11%
Fees to Service Providers
$701,354
$1,205,567
+72%
Advertising & Promotion
$8,247
$0
-100%
Offices, Occupancy & IT
$738,856
$1,238,695
+68%
Interest
$1,278,965
$1,310,856
+2%
Depreciation
$1,456,449
$1,484,986
+2%
Other
$2,056,471
$1,724,512
-16%
Total Expenses
$13,195,421
$14,702,298
+11%
Net income
2023
2024
Change
Net income
+$1,066,585
+$486,302
-54%
Functional Expenses
Summary
2023
2024
Change
Program
$10,710,324
$11,777,513
+10%
Admin
$2,485,097
$2,924,785
+18%
Fundraising
$0
$0
-
Total Expenses
$13,195,421
$14,702,298
+11%