Income Statement

Fiscal Year: 2023
Aug 1, 2022 – Jul 31, 2023
Revenues in 2023
$7,029,811
Other
37%
Contributions
34%
Program Services
25%
Investments
4%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$7,062,260
Salaries & Benefits
34%
Other
23%
Interest
19%
Grants
12%
Offices, Occupancy & IT
9%
Depreciation
3%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2022
2023
Change
Contributions
$2,727,989
$2,422,952
-11%
Government Grants
$422,677
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$3,007,314
$1,749,230
-42%
Membership Dues
$0
$0
-
Investments
$54,283
$253,291
+367%
Other
$0
$2,604,338
-
Total Revenues
$6,212,263
$7,029,811
+13%
Expenses
2022
2023
Change
Grants
$761,207
$855,175
+12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,300,347
$2,405,593
+5%
Fees to Service Providers
$59,580
$27,493
-54%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$865,429
$613,896
-29%
Interest
$297,613
$1,326,877
+346%
Depreciation
$202,666
$204,595
+1%
Other
$671,328
$1,628,631
+143%
Total Expenses
$5,158,170
$7,062,260
+37%
Net income
2022
2023
Change
Net income
+$1,054,093
-$32,449
-103%
Functional Expenses
Summary
2022
2023
Change
Program
$3,791,148
$4,712,469
+24%
Admin
$1,069,744
$1,938,712
+81%
Fundraising
$297,278
$411,079
+38%
Total Expenses
$5,158,170
$7,062,260
+37%