Income Statement

Fiscal Year: 2024
Revenues in 2024
$37,563,966
Other
91%
Investments
9%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$44,821,827
Grants
64%
Salaries & Benefits
14%
Fees to Service Providers
14%
Other
5%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,730,082
$3,418,201
+25%
Other
$25,688,730
$34,145,765
+33%
Total Revenues
$28,418,812
$37,563,966
+32%
Expenses
2023
2024
Change
Grants
$20,716,329
$28,773,031
+39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,505,346
$6,352,424
+15%
Fees to Service Providers
$7,278,361
$6,166,264
-15%
Advertising & Promotion
$325,240
$411,651
+27%
Offices, Occupancy & IT
$989,987
$889,679
-10%
Interest
$0
$0
-
Depreciation
$211,556
$163,576
-23%
Other
$8,408,303
$2,065,202
-75%
Total Expenses
$43,435,122
$44,821,827
+3%
Net income
2023
2024
Change
Net income
-$15,016,310
-$7,257,861
+52%