Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$13,134,663
Government Grants
94%
Other
6%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$11,529,190
Salaries & Benefits
64%
Other
23%
Depreciation
5%
Interest
5%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$56,464
$47,394
-16%
Government Grants
$11,085,261
$12,292,327
+11%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$138,017
$0
-100%
Other
$202,964
$794,942
+292%
Total Revenues
$11,482,706
$13,134,663
+14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,223,827
$7,359,258
+18%
Fees to Service Providers
$0
$9,000
-
Advertising & Promotion
$14,379
$13,328
-7%
Offices, Occupancy & IT
$308,213
$382,319
+24%
Interest
$432,357
$545,108
+26%
Depreciation
$596,819
$592,858
-1%
Other
$1,687,628
$2,627,319
+56%
Total Expenses
$9,263,223
$11,529,190
+24%
Net income
2023
2024
Change
Net income
+$2,219,483
+$1,605,473
-28%
Functional Expenses
Summary
2023
2024
Change
Program
$7,359,609
$9,283,931
+26%
Admin
$1,903,614
$2,245,259
+18%
Fundraising
$0
$0
-
Total Expenses
$9,263,223
$11,529,190
+24%