Income Statement

Fiscal Year: 2024
Revenues in 2024
$24,249,309
Government Grants
96%
Investments
3%
Fundraising Events
<1%
Other
<1%
Contributions
<1%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$21,566,784
Salaries & Benefits
61%
Interest
12%
Other
11%
Fees to Service Providers
6%
Depreciation
6%
Offices, Occupancy & IT
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$11,000
$37,000
+236%
Government Grants
$22,941,755
$23,330,649
+2%
Fundraising Events
$75,196
$83,123
+11%
Program Services
$67,261
$0
-100%
Membership Dues
$0
$0
-
Investments
$319,834
$724,388
+126%
Other
$38,191
$74,149
+94%
Total Revenues
$23,453,237
$24,249,309
+3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,715,400
$13,079,047
+3%
Fees to Service Providers
$985,446
$1,360,821
+38%
Advertising & Promotion
$1,936
$1,300
-33%
Offices, Occupancy & IT
$731,880
$947,417
+29%
Interest
$662,246
$2,528,541
+282%
Depreciation
$223,219
$1,241,509
+456%
Other
$3,255,292
$2,408,149
-26%
Total Expenses
$18,575,419
$21,566,784
+16%
Net income
2023
2024
Change
Net income
+$4,877,818
+$2,682,525
-45%
Functional Expenses
Summary
2023
2024
Change
Program
$16,420,885
$19,302,565
+18%
Admin
$2,154,534
$2,264,219
+5%
Fundraising
$0
$0
-
Total Expenses
$18,575,419
$21,566,784
+16%