Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$11,659,592
Government Grants
83%
Contributions
9%
Investments
7%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$49,548,092
Grants
56%
Other
21%
Fees to Service Providers
20%
Salaries & Benefits
2%
Interest
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$16,407,622
$1,105,327
-93%
Government Grants
$0
$9,700,000
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$960,251
$854,265
-11%
Other
$0
$0
-
Total Revenues
$17,367,873
$11,659,592
-33%
Expenses
2023
2024
Change
Grants
$6,182,577
$27,923,957
+352%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,218,344
$745,227
-77%
Fees to Service Providers
$1,068,033
$10,125,078
+848%
Advertising & Promotion
$2,860
$0
-100%
Offices, Occupancy & IT
$136,507
$127,461
-7%
Interest
$0
$137,339
-
Depreciation
$0
$0
-
Other
$30,070,958
$10,489,030
-65%
Total Expenses
$40,679,279
$49,548,092
+22%
Net income
2023
2024
Change
Net income
-$23,311,406
-$37,888,500
-63%
Functional Expenses
Summary
2023
2024
Change
Program
$40,679,279
$49,548,092
+22%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$40,679,279
$49,548,092
+22%