Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$53,160,586
Government Grants
44%
Program Services
41%
Other
11%
Investments
4%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$44,827,969
Salaries & Benefits
63%
Fees to Service Providers
17%
Offices, Occupancy & IT
13%
Other
4%
Depreciation
3%
Grants
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$27,932,048
$23,616,634
-15%
Fundraising Events
$0
$0
-
Program Services
$19,349,166
$21,912,611
+13%
Membership Dues
$0
$0
-
Investments
$1,579,306
$1,956,626
+24%
Other
$7,075,784
$5,674,715
-20%
Total Revenues
$55,936,304
$53,160,586
-5%
Expenses
2023
2024
Change
Grants
$105,749
$118,675
+12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$28,952,614
$28,282,002
-2%
Fees to Service Providers
$6,186,393
$7,666,596
+24%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$5,385,271
$5,745,029
+7%
Interest
$1,658
$501
-70%
Depreciation
$1,087,162
$1,363,446
+25%
Other
$1,624,373
$1,651,720
+2%
Total Expenses
$43,343,220
$44,827,969
+3%
Net income
2023
2024
Change
Net income
+$12,593,084
+$8,332,617
-34%
Functional Expenses
Summary
2023
2024
Change
Program
$31,704,396
$27,540,644
-13%
Admin
$11,638,824
$17,287,325
+49%
Fundraising
$0
$0
-
Total Expenses
$43,343,220
$44,827,969
+3%