Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$20,975,570
Contributions
62%
Government Grants
35%
Program Services
2%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$11,412,381
Grants
61%
Salaries & Benefits
20%
Fees to Service Providers
14%
Other
2%
Interest
2%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,650,586
$12,999,005
+688%
Government Grants
$6,852,654
$7,301,113
+7%
Fundraising Events
$0
$0
-
Program Services
$297,652
$501,446
+68%
Membership Dues
$0
$0
-
Investments
$0
$150,736
-
Other
$225
$23,270
+10242%
Total Revenues
$8,801,117
$20,975,570
+138%
Expenses
2023
2024
Change
Grants
$5,874,127
$6,961,337
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,032,612
$2,243,581
+117%
Fees to Service Providers
$314,125
$1,590,337
+406%
Advertising & Promotion
$38,431
$102,702
+167%
Offices, Occupancy & IT
$106,576
$94,051
-12%
Interest
$57,573
$201,048
+249%
Depreciation
$2,000
$6,536
+227%
Other
$78,857
$212,789
+170%
Total Expenses
$7,504,301
$11,412,381
+52%
Net income
2023
2024
Change
Net income
+$1,296,816
+$9,563,189
+637%
Functional Expenses
Summary
2023
2024
Change
Program
$6,983,013
$10,326,732
+48%
Admin
$488,392
$1,064,862
+118%
Fundraising
$32,896
$20,787
-37%
Total Expenses
$7,504,301
$11,412,381
+52%