Income Statement

Fiscal Year: 2024
Revenues in 2024
$13,306,833
Government Grants
70%
Program Services
30%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$15,751,331
Salaries & Benefits
63%
Other
23%
Fees to Service Providers
6%
Offices, Occupancy & IT
4%
Depreciation
2%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$9,774,586
$9,316,319
-5%
Fundraising Events
$0
$0
-
Program Services
$5,661,608
$3,990,514
-30%
Membership Dues
$0
$0
-
Investments
$140,532
$0
-100%
Other
$66,759
$0
-100%
Total Revenues
$15,643,485
$13,306,833
-15%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,050,620
$9,968,925
+849%
Fees to Service Providers
$704,052
$961,648
+37%
Advertising & Promotion
$117,622
$207,257
+76%
Offices, Occupancy & IT
$2,044,976
$694,200
-66%
Interest
$0
$0
-
Depreciation
$390,940
$365,058
-7%
Other
$9,703,629
$3,554,243
-63%
Total Expenses
$14,011,839
$15,751,331
+12%
Net income
2023
2024
Change
Net income
+$1,631,646
-$2,444,498
-250%
Functional Expenses
Summary
2023
2024
Change
Program
$9,865,771
$10,455,805
+6%
Admin
$4,146,068
$5,295,526
+28%
Fundraising
$0
$0
-
Total Expenses
$14,011,839
$15,751,331
+12%