Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$27,384,876
Government Grants
52%
Program Services
35%
Contributions
11%
Other
2%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$21,601,300
Salaries & Benefits
65%
Other
17%
Fees to Service Providers
8%
Offices, Occupancy & IT
7%
Depreciation
3%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$664,955
$2,929,005
+340%
Government Grants
$12,222,953
$14,112,647
+15%
Fundraising Events
$0
$0
-
Program Services
$7,507,644
$9,530,001
+27%
Membership Dues
$0
$0
-
Investments
$359,549
$307,217
-15%
Other
$110,090
$506,006
+360%
Total Revenues
$20,865,191
$27,384,876
+31%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,534,105
$13,940,308
+11%
Fees to Service Providers
$2,669,152
$1,728,125
-35%
Advertising & Promotion
$0
$123,461
-
Offices, Occupancy & IT
$820,399
$1,446,094
+76%
Interest
$48,660
$55,709
+14%
Depreciation
$441,488
$600,165
+36%
Other
$3,109,875
$3,707,438
+19%
Total Expenses
$19,623,679
$21,601,300
+10%
Net income
2023
2024
Change
Net income
+$1,241,512
+$5,783,576
+366%
Functional Expenses
Summary
2023
2024
Change
Program
$13,945,275
$15,190,109
+9%
Admin
$5,678,404
$6,366,673
+12%
Fundraising
$0
$44,518
-
Total Expenses
$19,623,679
$21,601,300
+10%