BOLEY CENTERS INC

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$22,227,543
Government Grants
81%
Program Services
13%
Other
4%
Fundraising Events
<1%
Investments
<1%
Contributions
<1%
Membership Dues
0%
Expenses in 2024
$23,072,517
Salaries & Benefits
45%
Other
39%
Fees to Service Providers
7%
Depreciation
3%
Grants
3%
Offices, Occupancy & IT
2%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$661,931
$100,370
-85%
Government Grants
$15,005,837
$18,035,509
+20%
Fundraising Events
$0
$141,286
-
Program Services
$3,656,405
$2,961,420
-19%
Membership Dues
$0
$0
-
Investments
$50,512
$106,770
+111%
Other
$3,963,307
$882,188
-78%
Total Revenues
$23,337,992
$22,227,543
-5%
Expenses
2023
2024
Change
Grants
$3,898,950
$648,875
-83%
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,979,278
$10,380,182
-5%
Fees to Service Providers
$980,151
$1,706,602
+74%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$337,237
$533,734
+58%
Interest
$153,052
$175,090
+14%
Depreciation
$650,642
$669,415
+3%
Other
$6,289,919
$8,958,619
+42%
Total Expenses
$23,289,229
$23,072,517
-1%
Net income
2023
2024
Change
Net income
+$48,763
-$844,974
-1833%
Functional Expenses
Summary
2023
2024
Change
Program
$19,388,224
$18,958,605
-2%
Admin
$3,657,287
$3,341,903
-9%
Fundraising
$243,718
$772,009
+217%
Total Expenses
$23,289,229
$23,072,517
-1%
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