Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$56,672,888
Government Grants
83%
Program Services
11%
Contributions
5%
Investments
<1%
Other
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$49,878,051
Salaries & Benefits
55%
Grants
17%
Offices, Occupancy & IT
11%
Fees to Service Providers
7%
Other
7%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$11,540,725
$2,861,555
-75%
Government Grants
$38,329,980
$46,920,215
+22%
Fundraising Events
$105,551
$104,496
-1%
Program Services
$5,529,643
$6,222,738
+13%
Membership Dues
$0
$0
-
Investments
$230,978
$454,031
+97%
Other
$185,267
$109,853
-41%
Total Revenues
$55,922,144
$56,672,888
+1%
Expenses
2023
2024
Change
Grants
$7,490,665
$8,291,385
+11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$24,294,286
$27,679,390
+14%
Fees to Service Providers
$1,054,840
$3,734,408
+254%
Advertising & Promotion
$0
$159,353
-
Offices, Occupancy & IT
$5,370,742
$5,678,097
+6%
Interest
$214,100
$160,936
-25%
Depreciation
$784,223
$919,899
+17%
Other
$3,147,108
$3,254,583
+3%
Total Expenses
$42,355,964
$49,878,051
+18%
Net income
2023
2024
Change
Net income
+$13,566,180
+$6,794,837
-50%
Functional Expenses
Summary
2023
2024
Change
Program
$36,297,250
$42,592,092
+17%
Admin
$5,153,012
$6,166,940
+20%
Fundraising
$905,702
$1,119,019
+24%
Total Expenses
$42,355,964
$49,878,051
+18%