Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$65,064,086
Government Grants
95%
Program Services
4%
Other
1%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$68,043,203
Grants
62%
Salaries & Benefits
22%
Fees to Service Providers
8%
Offices, Occupancy & IT
3%
Other
3%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$7,000,000
$0
-100%
Government Grants
$36,676,987
$61,939,013
+69%
Fundraising Events
$0
$0
-
Program Services
$1,472,988
$2,462,004
+67%
Membership Dues
$0
$0
-
Investments
$10,136
$8,983
-11%
Other
$801,947
$654,086
-18%
Total Revenues
$45,962,058
$65,064,086
+42%
Expenses
2023
2024
Change
Grants
$31,045,780
$42,339,719
+36%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,716,198
$15,221,067
+97%
Fees to Service Providers
$1,427,265
$5,713,645
+300%
Advertising & Promotion
$908,803
$0
-100%
Offices, Occupancy & IT
$1,767,750
$2,359,672
+33%
Interest
$0
$1,145
-
Depreciation
$0
$276,538
-
Other
$1,990,379
$2,131,417
+7%
Total Expenses
$44,856,175
$68,043,203
+52%
Net income
2023
2024
Change
Net income
+$1,105,883
-$2,979,117
-369%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$44,856,175
$68,043,203
+52%