Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$6,345,373
Program Services
94%
Government Grants
5%
Investments
1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$4,880,871
Interest
34%
Offices, Occupancy & IT
25%
Fees to Service Providers
24%
Other
13%
Depreciation
4%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$1,710,332
$289,668
-83%
Fundraising Events
$0
$0
-
Program Services
$5,595,587
$5,961,033
+7%
Membership Dues
$0
$0
-
Investments
$39,368
$94,672
+140%
Other
$0
$0
-
Total Revenues
$7,345,287
$6,345,373
-14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$603,903
$1,187,492
+97%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,244,671
$1,212,162
-3%
Interest
$1,594,049
$1,637,052
+3%
Depreciation
$229,186
$218,892
-4%
Other
$661,549
$625,273
-5%
Total Expenses
$4,333,358
$4,880,871
+13%
Net income
2023
2024
Change
Net income
+$3,011,929
+$1,464,502
-51%
Functional Expenses
Summary
2023
2024
Change
Program
$3,900,082
$4,406,846
+13%
Admin
$433,276
$474,025
+9%
Fundraising
$0
$0
-
Total Expenses
$4,333,358
$4,880,871
+13%