Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$21,275,356
Government Grants
65%
Contributions
31%
Other
4%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$22,429,464
Salaries & Benefits
38%
Grants
27%
Other
19%
Fees to Service Providers
9%
Depreciation
3%
Interest
2%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$8,304,585
$6,572,629
-21%
Government Grants
$8,520,159
$13,884,140
+63%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$86,927
$53,009
-39%
Other
$1,140,459
$765,578
-33%
Total Revenues
$18,052,130
$21,275,356
+18%
Expenses
2023
2024
Change
Grants
$6,537,496
$6,070,755
-7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,071,590
$8,572,169
+21%
Fees to Service Providers
$1,894,344
$2,074,041
+9%
Advertising & Promotion
$188,276
$126,769
-33%
Offices, Occupancy & IT
$463,900
$239,521
-48%
Interest
$312,324
$491,606
+57%
Depreciation
$303,281
$699,145
+131%
Other
$2,996,126
$4,155,458
+39%
Total Expenses
$19,767,337
$22,429,464
+13%
Net income
2023
2024
Change
Net income
-$1,715,207
-$1,154,108
+33%
Functional Expenses
Summary
2023
2024
Change
Program
$15,401,596
$17,880,100
+16%
Admin
$2,330,291
$3,070,022
+32%
Fundraising
$2,035,450
$1,479,342
-27%
Total Expenses
$19,767,337
$22,429,464
+13%