Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$38,434,390
Government Grants
39%
Contributions
38%
Other
9%
Program Services
8%
Investments
6%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$42,777,756
Salaries & Benefits
49%
Grants
21%
Offices, Occupancy & IT
11%
Other
10%
Fees to Service Providers
8%
Depreciation
2%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$7,453,956
$14,512,837
+95%
Government Grants
$18,774,057
$15,037,202
-20%
Fundraising Events
$0
$0
-
Program Services
$2,465,439
$2,930,738
+19%
Membership Dues
$0
$0
-
Investments
$2,553,327
$2,391,651
-6%
Other
$270,202
$3,561,962
+1218%
Total Revenues
$31,516,981
$38,434,390
+22%
Expenses
2023
2024
Change
Grants
$9,889,203
$9,166,853
-7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$21,854,267
$20,778,093
-5%
Fees to Service Providers
$3,380,203
$3,325,017
-2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$3,878,096
$4,765,467
+23%
Interest
$84,388
$3,589
-96%
Depreciation
$730,338
$668,326
-8%
Other
$3,988,078
$4,070,411
+2%
Total Expenses
$43,804,573
$42,777,756
-2%
Net income
2023
2024
Change
Net income
-$12,287,592
-$4,343,366
+65%
Functional Expenses
Summary
2023
2024
Change
Program
$31,332,858
$26,447,754
-16%
Admin
$10,950,793
$15,059,638
+38%
Fundraising
$1,520,922
$1,270,364
-16%
Total Expenses
$43,804,573
$42,777,756
-2%