Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$14,289,443
Government Grants
79%
Contributions
8%
Program Services
6%
Other
5%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$11,856,607
Salaries & Benefits
45%
Other
39%
Depreciation
7%
Fees to Service Providers
6%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$748,036
$1,127,250
+51%
Government Grants
$13,038,797
$11,300,072
-13%
Fundraising Events
$0
$0
-
Program Services
$1,175,687
$802,202
-32%
Membership Dues
$0
$0
-
Investments
$183,781
$344,306
+87%
Other
$247,201
$715,613
+189%
Total Revenues
$15,393,502
$14,289,443
-7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,172,560
$5,325,084
+3%
Fees to Service Providers
$618,999
$674,190
+9%
Advertising & Promotion
$194,950
$29,046
-85%
Offices, Occupancy & IT
$196,315
$352,618
+80%
Interest
$18,939
$18,518
-2%
Depreciation
$805,433
$876,080
+9%
Other
$6,428,860
$4,581,071
-29%
Total Expenses
$13,436,056
$11,856,607
-12%
Net income
2023
2024
Change
Net income
+$1,957,446
+$2,432,836
+24%
Functional Expenses
Summary
2023
2024
Change
Program
$9,673,015
$7,497,763
-22%
Admin
$3,763,041
$4,358,844
+16%
Fundraising
$0
$0
-
Total Expenses
$13,436,056
$11,856,607
-12%