Income Statement

Fiscal Year: 2024
Revenues in 2024
$96,532,961
Government Grants
88%
Program Services
6%
Investments
5%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$63,241,199
Salaries & Benefits
51%
Other
23%
Offices, Occupancy & IT
13%
Fees to Service Providers
7%
Depreciation
5%
Interest
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$34,454
$30,000
-13%
Government Grants
$57,556,707
$84,780,141
+47%
Fundraising Events
$0
$0
-
Program Services
$5,367,468
$6,274,059
+17%
Membership Dues
$0
$0
-
Investments
$1,416,908
$5,191,399
+266%
Other
$61,340
$257,362
+320%
Total Revenues
$64,436,877
$96,532,961
+50%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$28,592,664
$32,302,043
+13%
Fees to Service Providers
$4,350,871
$4,421,787
+2%
Advertising & Promotion
$25,670
$66,915
+161%
Offices, Occupancy & IT
$6,962,504
$8,036,659
+15%
Interest
$991,687
$952,799
-4%
Depreciation
$2,850,056
$2,878,561
+1%
Other
$11,744,281
$14,582,435
+24%
Total Expenses
$55,517,733
$63,241,199
+14%
Net income
2023
2024
Change
Net income
+$8,919,144
+$33,291,762
+273%
Functional Expenses
Summary
2023
2024
Change
Program
$49,996,542
$58,203,678
+16%
Admin
$5,521,191
$5,037,521
-9%
Fundraising
$0
$0
-
Total Expenses
$55,517,733
$63,241,199
+14%