Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$24,544,823
Program Services
74%
Contributions
14%
Government Grants
6%
Investments
5%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$16,481,336
Interest
31%
Other
23%
Depreciation
21%
Salaries & Benefits
10%
Offices, Occupancy & IT
9%
Fees to Service Providers
6%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,418,437
$3,449,797
+1%
Government Grants
$1,447,650
$1,572,748
+9%
Fundraising Events
$0
$0
-
Program Services
$18,959,742
$18,281,538
-4%
Membership Dues
$0
$0
-
Investments
$1,138,939
$1,240,740
+9%
Other
$316,222
$0
-100%
Total Revenues
$25,280,990
$24,544,823
-3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,730,940
$1,700,907
-2%
Fees to Service Providers
$672,451
$1,001,839
+49%
Advertising & Promotion
$19,235
$25,925
+35%
Offices, Occupancy & IT
$1,146,363
$1,414,699
+23%
Interest
$4,981,717
$5,084,749
+2%
Depreciation
$3,096,978
$3,542,474
+14%
Other
$2,864,579
$3,710,743
+30%
Total Expenses
$14,512,263
$16,481,336
+14%
Net income
2023
2024
Change
Net income
+$10,768,727
+$8,063,487
-25%
Functional Expenses
Summary
2023
2024
Change
Program
$14,317,621
$15,840,165
+11%
Admin
$194,642
$641,171
+229%
Fundraising
$0
$0
-
Total Expenses
$14,512,263
$16,481,336
+14%