Income Statement

Fiscal Year: 2024
Revenues in 2024
$17,281,441
Government Grants
90%
Other
5%
Program Services
5%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$15,373,756
Grants
61%
Offices, Occupancy & IT
24%
Salaries & Benefits
7%
Fees to Service Providers
2%
Other
2%
Depreciation
2%
Interest
1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$57,000
$1,500
-97%
Government Grants
$0
$15,524,852
-
Fundraising Events
$0
$0
-
Program Services
$874,125
$778,231
-11%
Membership Dues
$0
$0
-
Investments
$75,961
$128,513
+69%
Other
$0
$848,345
-
Total Revenues
$1,007,086
$17,281,441
+1616%
Expenses
2023
2024
Change
Grants
$0
$9,443,589
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,358,251
$1,086,444
-20%
Fees to Service Providers
$609,652
$358,479
-41%
Advertising & Promotion
$30,530
$0
-100%
Offices, Occupancy & IT
$2,627,580
$3,738,569
+42%
Interest
$119,968
$196,269
+64%
Depreciation
$4,062
$266,518
+6461%
Other
$62,871
$283,888
+352%
Total Expenses
$4,812,914
$15,373,756
+219%
Net income
2023
2024
Change
Net income
-$3,805,828
+$1,907,685
-150%
Functional Expenses
Summary
2023
2024
Change
Program
$4,812,914
$15,373,756
+219%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$4,812,914
$15,373,756
+219%