Income Statement

Fiscal Year: 2024
Revenues in 2024
$56,285,516
Program Services
70%
Government Grants
17%
Contributions
10%
Investments
2%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$55,478,116
Salaries & Benefits
54%
Other
16%
Depreciation
12%
Offices, Occupancy & IT
9%
Fees to Service Providers
7%
Interest
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$3,598,940
$5,775,584
+60%
Government Grants
$6,900,953
$9,807,014
+42%
Fundraising Events
$0
$0
-
Program Services
$34,355,161
$39,643,103
+15%
Membership Dues
$0
$0
-
Investments
$808,117
$858,395
+6%
Other
$217,857
$201,420
-8%
Total Revenues
$45,881,028
$56,285,516
+23%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$26,634,135
$29,718,399
+12%
Fees to Service Providers
$3,935,614
$3,625,102
-8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,204,962
$5,196,774
+24%
Interest
$620,868
$1,555,464
+151%
Depreciation
$5,098,006
$6,450,783
+27%
Other
$7,928,627
$8,931,594
+13%
Total Expenses
$48,422,212
$55,478,116
+15%
Net income
2023
2024
Change
Net income
-$2,541,184
+$807,400
-132%
Functional Expenses
Summary
2023
2024
Change
Program
$41,221,996
$47,546,386
+15%
Admin
$6,550,770
$6,982,806
+7%
Fundraising
$649,446
$948,924
+46%
Total Expenses
$48,422,212
$55,478,116
+15%