Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$161,650,122
Program Services
90%
Government Grants
8%
Investments
1%
Other
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$151,018,942
Other
70%
Salaries & Benefits
21%
Fees to Service Providers
5%
Depreciation
3%
Offices, Occupancy & IT
1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$14,535,690
$13,534,994
-7%
Fundraising Events
$0
$0
-
Program Services
$152,395,366
$145,411,631
-5%
Membership Dues
$0
$0
-
Investments
$378,867
$2,354,109
+521%
Other
$374,398
$349,388
-7%
Total Revenues
$167,684,321
$161,650,122
-4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$28,119,359
$32,346,328
+15%
Fees to Service Providers
$7,917,369
$7,076,620
-11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,913,949
$1,955,004
+2%
Interest
$1,072
$146
-86%
Depreciation
$4,155,892
$4,251,677
+2%
Other
$99,616,293
$105,389,167
+6%
Total Expenses
$141,723,934
$151,018,942
+7%
Net income
2023
2024
Change
Net income
+$25,960,387
+$10,631,180
-59%
Functional Expenses
Summary
2023
2024
Change
Program
$117,233,851
$123,477,175
+5%
Admin
$24,490,083
$27,541,767
+12%
Fundraising
$0
$0
-
Total Expenses
$141,723,934
$151,018,942
+7%