Income Statement

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Revenues in 2024
$26,991,393
Government Grants
80%
Other
20%
Investments
<1%
Program Services
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$26,779,137
Other
56%
Salaries & Benefits
36%
Offices, Occupancy & IT
5%
Depreciation
2%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Revenues
2023
2024
Change
Contributions
$13,864
$1,600
-88%
Government Grants
$16,418,724
$21,627,380
+32%
Fundraising Events
$0
$0
-
Program Services
$16,352
$14,801
-9%
Membership Dues
$0
$0
-
Investments
$30,849
$55,083
+79%
Other
$4,576,620
$5,292,529
+16%
Total Revenues
$21,056,409
$26,991,393
+28%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,964,789
$9,678,999
+22%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$9,428
$81,184
+761%
Offices, Occupancy & IT
$1,170,931
$1,444,652
+23%
Interest
$67,116
$49,324
-27%
Depreciation
$440,203
$503,290
+14%
Other
$11,437,935
$15,021,688
+31%
Total Expenses
$21,090,402
$26,779,137
+27%
Net income
2023
2024
Change
Net income
-$33,993
+$212,256
-724%
Functional Expenses
Summary
2023
2024
Change
Program
$18,778,397
$24,020,555
+28%
Admin
$2,312,005
$2,758,582
+19%
Fundraising
$0
$0
-
Total Expenses
$21,090,402
$26,779,137
+27%