Income Statement

Fiscal Year: 2025
Revenues in 2025
$132,130,603
Government Grants
86%
Investments
12%
Program Services
2%
Other
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$134,107,295
Salaries & Benefits
52%
Other
23%
Fees to Service Providers
13%
Offices, Occupancy & IT
8%
Depreciation
4%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$0
$0
-
Government Grants
$103,330,066
$114,227,920
+11%
Fundraising Events
$0
$0
-
Program Services
-$9,177,136
$2,127,894
-123%
Membership Dues
$0
$0
-
Investments
$13,810,116
$15,465,649
+12%
Other
$297,347
$309,140
+4%
Total Revenues
$108,260,393
$132,130,603
+22%
Expenses
2024
2025
Change
Grants
$1,699,303
$105,000
-94%
Benefits to Members
$0
$0
-
Salaries & Benefits
$67,108,736
$69,193,778
+3%
Fees to Service Providers
$16,141,865
$17,683,812
+10%
Advertising & Promotion
$506,639
$270,153
-47%
Offices, Occupancy & IT
$12,219,749
$10,356,626
-15%
Interest
$0
$0
-
Depreciation
$3,660,935
$4,988,701
+36%
Other
$40,277,761
$31,509,225
-22%
Total Expenses
$141,614,988
$134,107,295
-5%
Net income
2024
2025
Change
Net income
-$33,354,595
-$1,976,692
+94%
Functional Expenses
Summary
2024
2025
Change
Program
$112,993,087
$104,689,504
-7%
Admin
$28,621,901
$29,417,791
+3%
Fundraising
$0
$0
-
Total Expenses
$141,614,988
$134,107,295
-5%