Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$50,039,310
Program Services
84%
Government Grants
15%
Investments
2%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$47,631,470
Salaries & Benefits
59%
Other
17%
Fees to Service Providers
12%
Offices, Occupancy & IT
9%
Depreciation
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$7,573
$1,664
-78%
Government Grants
$8,726,125
$7,338,349
-16%
Fundraising Events
$0
$0
-
Program Services
$43,985,518
$41,871,284
-5%
Membership Dues
$0
$0
-
Investments
$396,687
$772,586
+95%
Other
$41,685
$55,427
+33%
Total Revenues
$53,157,588
$50,039,310
-6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$28,784,989
$28,015,943
-3%
Fees to Service Providers
$5,565,640
$5,872,773
+6%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,909,260
$4,421,806
-10%
Interest
$15,349
$3,908
-75%
Depreciation
$1,161,848
$1,057,182
-9%
Other
$7,272,400
$8,259,858
+14%
Total Expenses
$47,709,486
$47,631,470
0%
Net income
2023
2024
Change
Net income
+$5,448,102
+$2,407,840
-56%
Functional Expenses
Summary
2023
2024
Change
Program
$35,721,229
$41,096,171
+15%
Admin
$11,988,257
$6,535,299
-45%
Fundraising
$0
$0
-
Total Expenses
$47,709,486
$47,631,470
0%