Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$103,860,836
Government Grants
95%
Program Services
5%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$101,304,068
Grants
93%
Salaries & Benefits
5%
Offices, Occupancy & IT
<1%
Fees to Service Providers
<1%
Other
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$134,869
$31,202
-77%
Government Grants
$90,450,356
$98,860,789
+9%
Fundraising Events
$0
$0
-
Program Services
$4,648,102
$4,727,372
+2%
Membership Dues
$0
$0
-
Investments
$256,209
$241,473
-6%
Other
$0
$0
-
Total Revenues
$95,489,536
$103,860,836
+9%
Expenses
2023
2024
Change
Grants
$85,521,535
$93,846,677
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,604,980
$5,527,622
+20%
Fees to Service Providers
$268,089
$450,944
+68%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$894,060
$987,144
+10%
Interest
$0
$0
-
Depreciation
$173,808
$141,051
-19%
Other
$338,376
$350,630
+4%
Total Expenses
$91,800,848
$101,304,068
+10%
Net income
2023
2024
Change
Net income
+$3,688,688
+$2,556,768
-31%
Functional Expenses
Summary
2023
2024
Change
Program
$89,386,535
$98,422,924
+10%
Admin
$2,414,313
$2,881,144
+19%
Fundraising
$0
$0
-
Total Expenses
$91,800,848
$101,304,068
+10%