Income Statement

Fiscal Year: 2024
Revenues in 2024
$24,026,684
Government Grants
93%
Investments
6%
Contributions
<1%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$11,683,560
Salaries & Benefits
61%
Fees to Service Providers
26%
Offices, Occupancy & IT
5%
Other
4%
Grants
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$110,526
$92,671
-16%
Government Grants
$3,630,921
$22,312,993
+515%
Fundraising Events
$0
$0
-
Program Services
$530,539
$80,971
-85%
Membership Dues
$0
$0
-
Investments
$796,911
$1,540,049
+93%
Other
$0
$0
-
Total Revenues
$5,068,897
$24,026,684
+374%
Expenses
2023
2024
Change
Grants
$0
$340,994
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,148,689
$7,158,212
+16%
Fees to Service Providers
$2,312,695
$3,045,817
+32%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$463,217
$611,471
+32%
Interest
$0
$0
-
Depreciation
$27,311
$5,537
-80%
Other
$804,852
$521,529
-35%
Total Expenses
$9,756,764
$11,683,560
+20%
Net income
2023
2024
Change
Net income
-$4,687,867
+$12,343,124
-363%
Functional Expenses
Summary
2023
2024
Change
Program
$5,003,270
$7,055,314
+41%
Admin
$4,753,494
$4,628,246
-3%
Fundraising
$0
$0
-
Total Expenses
$9,756,764
$11,683,560
+20%