Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2023
$25,536,904
Program Services
60%
Government Grants
40%
Other
<1%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$24,948,457
Salaries & Benefits
67%
Offices, Occupancy & IT
9%
Grants
8%
Other
8%
Fees to Service Providers
6%
Interest
1%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2022
2023
Change
Contributions
$2,630
$11,478
+336%
Government Grants
$11,049,466
$10,174,061
-8%
Fundraising Events
$0
$0
-
Program Services
$4,365,787
$15,233,053
+249%
Membership Dues
$0
$0
-
Investments
$31,985
$45,778
+43%
Other
$233,910
$72,534
-69%
Total Revenues
$15,683,778
$25,536,904
+63%
Expenses
2022
2023
Change
Grants
$0
$2,114,862
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,315,099
$16,629,683
+47%
Fees to Service Providers
$335,164
$1,419,636
+324%
Advertising & Promotion
$0
$62,763
-
Offices, Occupancy & IT
$752,104
$2,210,570
+194%
Interest
$66,425
$282,318
+325%
Depreciation
$229,498
$258,190
+13%
Other
$4,381,956
$1,970,435
-55%
Total Expenses
$17,080,246
$24,948,457
+46%
Net income
2022
2023
Change
Net income
-$1,396,468
+$588,447
-142%
Functional Expenses
Summary
2022
2023
Change
Program
$12,174,192
$20,209,124
+66%
Admin
$4,906,054
$4,739,333
-3%
Fundraising
$0
$0
-
Total Expenses
$17,080,246
$24,948,457
+46%