Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$49,840,527
Program Services
46%
Government Grants
20%
Contributions
20%
Investments
12%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$33,174,444
Other
37%
Interest
27%
Salaries & Benefits
21%
Fees to Service Providers
7%
Offices, Occupancy & IT
4%
Grants
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,200,000
$10,000,000
+355%
Government Grants
$7,547,724
$10,064,000
+33%
Fundraising Events
$0
$0
-
Program Services
$20,055,842
$22,863,239
+14%
Membership Dues
$0
$0
-
Investments
$4,813,873
$5,877,171
+22%
Other
$1,503,342
$1,036,117
-31%
Total Revenues
$36,120,781
$49,840,527
+38%
Expenses
2023
2024
Change
Grants
$3,255,130
$1,397,790
-57%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,299,261
$6,819,114
+29%
Fees to Service Providers
$1,961,480
$2,228,322
+14%
Advertising & Promotion
$0
$4,750
-
Offices, Occupancy & IT
$1,179,947
$1,431,270
+21%
Interest
$7,897,412
$8,819,694
+12%
Depreciation
$142,093
$174,170
+23%
Other
$4,018,144
$12,299,334
+206%
Total Expenses
$23,753,467
$33,174,444
+40%
Net income
2023
2024
Change
Net income
+$12,367,314
+$16,666,083
+35%
Functional Expenses
Summary
2023
2024
Change
Program
$22,220,937
$31,477,566
+42%
Admin
$1,532,530
$1,696,878
+11%
Fundraising
$0
$0
-
Total Expenses
$23,753,467
$33,174,444
+40%