Income Statement

Fiscal Year: 2024
Revenues in 2024
$76,862,651
Government Grants
80%
Program Services
15%
Other
3%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$78,392,881
Salaries & Benefits
46%
Fees to Service Providers
24%
Other
15%
Grants
10%
Offices, Occupancy & IT
2%
Depreciation
2%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$555,680
$606,815
+9%
Government Grants
$47,419,306
$61,337,755
+29%
Fundraising Events
$0
$0
-
Program Services
$8,456,085
$11,788,519
+39%
Membership Dues
$0
$0
-
Investments
$297,204
$709,850
+139%
Other
$2,837,026
$2,419,712
-15%
Total Revenues
$59,565,301
$76,862,651
+29%
Expenses
2023
2024
Change
Grants
$3,647,139
$8,046,464
+121%
Benefits to Members
$0
$0
-
Salaries & Benefits
$29,152,350
$36,372,613
+25%
Fees to Service Providers
$14,065,532
$18,911,843
+34%
Advertising & Promotion
$283,160
$277,261
-2%
Offices, Occupancy & IT
$1,688,397
$1,656,116
-2%
Interest
$38,471
$31,696
-18%
Depreciation
$1,302,377
$1,194,409
-8%
Other
$10,202,397
$11,902,479
+17%
Total Expenses
$60,379,823
$78,392,881
+30%
Net income
2023
2024
Change
Net income
-$814,522
-$1,530,230
-88%
Functional Expenses
Summary
2023
2024
Change
Program
$50,692,802
$67,161,345
+32%
Admin
$9,687,021
$11,231,536
+16%
Fundraising
$0
$0
-
Total Expenses
$60,379,823
$78,392,881
+30%