Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$28,689,446
Other
44%
Program Services
34%
Government Grants
16%
Investments
6%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$16,523,955
Salaries & Benefits
44%
Other
26%
Depreciation
12%
Interest
9%
Offices, Occupancy & IT
7%
Fees to Service Providers
3%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,715
$6,150
-37%
Government Grants
$5,504,653
$4,532,290
-18%
Fundraising Events
$0
$0
-
Program Services
$10,910,238
$9,800,633
-10%
Membership Dues
$0
$0
-
Investments
$1,457,204
$1,711,760
+17%
Other
$390,198
$12,638,613
+3139%
Total Revenues
$18,272,008
$28,689,446
+57%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,374,923
$7,286,613
-1%
Fees to Service Providers
$383,023
$435,704
+14%
Advertising & Promotion
$1,011
$4,811
+376%
Offices, Occupancy & IT
$784,450
$1,096,245
+40%
Interest
$1,599,821
$1,518,940
-5%
Depreciation
$1,840,368
$1,939,138
+5%
Other
$5,170,439
$4,242,504
-18%
Total Expenses
$17,154,035
$16,523,955
-4%
Net income
2023
2024
Change
Net income
+$1,117,973
+$12,165,491
+988%
Functional Expenses
Summary
2023
2024
Change
Program
$15,468,165
$14,477,949
-6%
Admin
$1,685,870
$2,046,006
+21%
Fundraising
$0
$0
-
Total Expenses
$17,154,035
$16,523,955
-4%