Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$20,854,611
Government Grants
93%
Program Services
4%
Investments
2%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$22,203,417
Salaries & Benefits
67%
Interest
9%
Offices, Occupancy & IT
7%
Other
6%
Fees to Service Providers
5%
Depreciation
5%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$137,477
$166,549
+21%
Government Grants
$14,650,222
$19,395,386
+32%
Fundraising Events
$0
$0
-
Program Services
$649,621
$793,979
+22%
Membership Dues
$0
$0
-
Investments
$426,168
$498,697
+17%
Other
$0
$0
-
Total Revenues
$15,863,488
$20,854,611
+31%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,846,926
$14,777,712
+36%
Fees to Service Providers
$1,512,810
$1,190,586
-21%
Advertising & Promotion
$32,180
$46,348
+44%
Offices, Occupancy & IT
$1,553,631
$1,635,898
+5%
Interest
$1,803,336
$2,102,032
+17%
Depreciation
$618,810
$1,027,288
+66%
Other
$1,062,872
$1,423,553
+34%
Total Expenses
$17,430,565
$22,203,417
+27%
Net income
2023
2024
Change
Net income
-$1,567,077
-$1,348,806
+14%
Functional Expenses
Summary
2023
2024
Change
Program
$13,120,028
$17,846,170
+36%
Admin
$4,310,537
$4,357,247
+1%
Fundraising
$0
$0
-
Total Expenses
$17,430,565
$22,203,417
+27%