Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$18,446,393
Government Grants
93%
Program Services
3%
Investments
3%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$16,908,631
Salaries & Benefits
70%
Offices, Occupancy & IT
15%
Other
7%
Fees to Service Providers
7%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,929
$88,296
+4477%
Government Grants
$948,648
$17,200,681
+1713%
Fundraising Events
$0
$0
-
Program Services
$17,078,876
$523,651
-97%
Membership Dues
$0
$0
-
Investments
$0
$481,382
-
Other
$0
$152,383
-
Total Revenues
$18,029,453
$18,446,393
+2%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,247,266
$11,889,296
+16%
Fees to Service Providers
$21,419
$1,123,617
+5146%
Advertising & Promotion
$14,518
$18,385
+27%
Offices, Occupancy & IT
$2,238,434
$2,580,093
+15%
Interest
$0
$0
-
Depreciation
$84,033
$109,626
+30%
Other
$2,238,115
$1,187,614
-47%
Total Expenses
$14,843,785
$16,908,631
+14%
Net income
2023
2024
Change
Net income
+$3,185,668
+$1,537,762
-52%
Functional Expenses
Summary
2023
2024
Change
Program
$13,156,660
$12,917,895
-2%
Admin
$1,687,125
$3,990,736
+137%
Fundraising
$0
$0
-
Total Expenses
$14,843,785
$16,908,631
+14%