Income Statement

Fiscal Year: 2023
Jul 1, 2022 – Jun 30, 2023
Revenues in 2023
$148,968,875
Program Services
97%
Other
2%
Investments
1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$189,106,009
Other
48%
Salaries & Benefits
41%
Fees to Service Providers
6%
Depreciation
3%
Offices, Occupancy & IT
1%
Interest
1%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2022
2023
Change
Contributions
$0
$0
-
Government Grants
$1,690,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$122,569,010
$144,504,957
+18%
Membership Dues
$0
$0
-
Investments
$424,365
$1,904,753
+349%
Other
$3,940,005
$2,559,165
-35%
Total Revenues
$128,623,380
$148,968,875
+16%
Expenses
2022
2023
Change
Grants
$0
$1,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$74,339,620
$77,384,380
+4%
Fees to Service Providers
$7,806,701
$10,815,764
+39%
Advertising & Promotion
$10,861
$0
-100%
Offices, Occupancy & IT
$2,692,854
$2,822,450
+5%
Interest
$2,294,737
$2,202,787
-4%
Depreciation
$8,337,187
$5,169,730
-38%
Other
$78,155,999
$90,709,898
+16%
Total Expenses
$173,637,959
$189,106,009
+9%
Net income
2022
2023
Change
Net income
-$45,014,579
-$40,137,134
+11%
Functional Expenses
Summary
2022
2023
Change
Program
$147,572,476
$164,989,519
+12%
Admin
$26,065,483
$24,116,490
-7%
Fundraising
$0
$0
-
Total Expenses
$173,637,959
$189,106,009
+9%