Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$38,954,422
Government Grants
96%
Investments
2%
Program Services
2%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$31,537,161
Salaries & Benefits
64%
Other
18%
Offices, Occupancy & IT
9%
Fees to Service Providers
8%
Depreciation
1%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,944,386
$162,213
-96%
Government Grants
$28,521,288
$37,364,944
+31%
Fundraising Events
$0
$0
-
Program Services
$0
$628,788
-
Membership Dues
$0
$0
-
Investments
$0
$798,477
-
Other
$0
$0
-
Total Revenues
$32,465,674
$38,954,422
+20%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,037,420
$20,303,170
+27%
Fees to Service Providers
$0
$2,398,400
-
Advertising & Promotion
$0
$94,560
-
Offices, Occupancy & IT
$0
$2,719,800
-
Interest
$7,068
$124
-98%
Depreciation
$201,062
$316,812
+58%
Other
$12,318,066
$5,704,295
-54%
Total Expenses
$28,563,616
$31,537,161
+10%
Net income
2023
2024
Change
Net income
+$3,902,058
+$7,417,261
+90%
Functional Expenses
Summary
2023
2024
Change
Program
$23,477,411
$28,515,920
+21%
Admin
$5,038,137
$2,963,308
-41%
Fundraising
$48,068
$57,933
+21%
Total Expenses
$28,563,616
$31,537,161
+10%