Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$123,911,138
Government Grants
>99%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$121,712,443
Salaries & Benefits
46%
Fees to Service Providers
21%
Offices, Occupancy & IT
17%
Other
14%
Advertising & Promotion
2%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$4,473
-
Government Grants
$105,884,503
$123,670,318
+17%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$109,565
$236,347
+116%
Other
$7,547
$0
-100%
Total Revenues
$106,001,615
$123,911,138
+17%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$47,587,487
$56,122,603
+18%
Fees to Service Providers
$20,597,992
$25,473,599
+24%
Advertising & Promotion
$1,624,226
$2,511,238
+55%
Offices, Occupancy & IT
$10,954,909
$20,432,825
+87%
Interest
$0
$0
-
Depreciation
$25,520
$58,213
+128%
Other
$16,610,586
$17,113,965
+3%
Total Expenses
$97,400,720
$121,712,443
+25%
Net income
2023
2024
Change
Net income
+$8,600,895
+$2,198,695
-74%
Functional Expenses
Summary
2023
2024
Change
Program
$76,248,544
$85,247,275
+12%
Admin
$21,152,176
$36,465,168
+72%
Fundraising
$0
$0
-
Total Expenses
$97,400,720
$121,712,443
+25%