Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$90,285,851
Program Services
68%
Government Grants
28%
Investments
2%
Contributions
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$93,969,633
Other
51%
Salaries & Benefits
24%
Offices, Occupancy & IT
15%
Depreciation
7%
Interest
3%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$830,414
$700,549
-16%
Government Grants
$22,070,011
$25,576,177
+16%
Fundraising Events
$0
$0
-
Program Services
$59,486,937
$61,617,629
+4%
Membership Dues
$0
$0
-
Investments
$1,944,997
$2,108,981
+8%
Other
$299,034
$282,515
-6%
Total Revenues
$84,631,393
$90,285,851
+7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$21,854,499
$22,705,489
+4%
Fees to Service Providers
$158,533
$159,069
+0%
Advertising & Promotion
$41,135
$43,495
+6%
Offices, Occupancy & IT
$13,264,791
$14,194,620
+7%
Interest
$2,837,789
$2,996,986
+6%
Depreciation
$6,006,234
$6,257,926
+4%
Other
$43,468,925
$47,612,048
+10%
Total Expenses
$87,631,906
$93,969,633
+7%
Net income
2023
2024
Change
Net income
-$3,000,513
-$3,683,782
-23%
Functional Expenses
Summary
2023
2024
Change
Program
$73,694,896
$78,796,984
+7%
Admin
$13,646,162
$14,871,937
+9%
Fundraising
$290,848
$300,712
+3%
Total Expenses
$87,631,906
$93,969,633
+7%