Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$9,017,261
Government Grants
95%
Contributions
3%
Investments
2%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$7,536,245
Salaries & Benefits
56%
Other
14%
Interest
13%
Offices, Occupancy & IT
7%
Depreciation
5%
Fees to Service Providers
5%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$89,251
$261,434
+193%
Government Grants
$4,336,580
$8,556,573
+97%
Fundraising Events
$0
$0
-
Program Services
$30,500
$58,800
+93%
Membership Dues
$0
$0
-
Investments
$224,313
$140,454
-37%
Other
$0
$0
-
Total Revenues
$4,680,644
$9,017,261
+93%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,829,569
$4,205,191
+49%
Fees to Service Providers
$270,056
$340,125
+26%
Advertising & Promotion
$57,096
$47,154
-17%
Offices, Occupancy & IT
$345,579
$543,925
+57%
Interest
$970,187
$973,849
+0%
Depreciation
$225,081
$347,176
+54%
Other
$697,388
$1,078,825
+55%
Total Expenses
$5,394,956
$7,536,245
+40%
Net income
2023
2024
Change
Net income
-$714,312
+$1,481,016
-307%
Functional Expenses
Summary
2023
2024
Change
Program
$3,102,412
$5,171,611
+67%
Admin
$2,292,544
$2,362,285
+3%
Fundraising
$0
$2,349
-
Total Expenses
$5,394,956
$7,536,245
+40%