Income Statement

Fiscal Year: 2024
Revenues in 2024
$21,730,599
Government Grants
99%
Investments
<1%
Program Services
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$16,692,662
Salaries & Benefits
58%
Fees to Service Providers
15%
Other
9%
Interest
8%
Offices, Occupancy & IT
5%
Depreciation
4%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$476,236
$8,714
-98%
Government Grants
$18,993,196
$21,406,323
+13%
Fundraising Events
$0
$0
-
Program Services
$0
$150,502
-
Membership Dues
$0
$0
-
Investments
$108,587
$165,060
+52%
Other
$0
$0
-
Total Revenues
$19,578,019
$21,730,599
+11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,581,444
$9,612,268
+12%
Fees to Service Providers
$0
$2,542,438
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$913,001
-
Interest
$1,415,506
$1,365,563
-4%
Depreciation
$751,792
$718,361
-4%
Other
$4,862,038
$1,541,031
-68%
Total Expenses
$15,610,780
$16,692,662
+7%
Net income
2023
2024
Change
Net income
+$3,967,239
+$5,037,937
+27%
Functional Expenses
Summary
2023
2024
Change
Program
$11,038,075
$14,972,359
+36%
Admin
$4,570,834
$1,708,463
-63%
Fundraising
$1,871
$11,840
+533%
Total Expenses
$15,610,780
$16,692,662
+7%