Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$30,396,102
Government Grants
80%
Contributions
20%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$28,636,813
Other
52%
Salaries & Benefits
41%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Interest
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,765,072
$6,159,672
+123%
Government Grants
$22,311,821
$24,236,430
+9%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$25,076,893
$30,396,102
+21%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,067,193
$11,833,785
+18%
Fees to Service Providers
$381,402
$529,777
+39%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$458,771
$921,402
+101%
Interest
$264,532
$350,322
+32%
Depreciation
$815,795
$0
-100%
Other
$12,491,651
$15,001,527
+20%
Total Expenses
$24,479,344
$28,636,813
+17%
Net income
2023
2024
Change
Net income
+$597,549
+$1,759,289
+194%
Functional Expenses
Summary
2023
2024
Change
Program
$23,264,405
$22,980,008
-1%
Admin
$1,214,939
$5,649,555
+365%
Fundraising
$0
$7,250
-
Total Expenses
$24,479,344
$28,636,813
+17%