Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$17,541,664
Program Services
40%
Other
30%
Government Grants
24%
Investments
6%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$15,665,698
Other
33%
Interest
25%
Salaries & Benefits
24%
Depreciation
10%
Fees to Service Providers
7%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$36,519
$30,140
-17%
Government Grants
$12,236,611
$4,161,603
-66%
Fundraising Events
$0
$0
-
Program Services
$7,121,146
$6,998,763
-2%
Membership Dues
$0
$0
-
Investments
-$621,632
$1,067,621
-272%
Other
$934,708
$5,283,537
+465%
Total Revenues
$19,707,352
$17,541,664
-11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,992,058
$3,757,556
+26%
Fees to Service Providers
$631,138
$1,039,227
+65%
Advertising & Promotion
$22,796
$13,846
-39%
Offices, Occupancy & IT
$278,108
$295,118
+6%
Interest
$2,794,028
$3,857,873
+38%
Depreciation
$1,243,205
$1,537,056
+24%
Other
$3,472,261
$5,165,022
+49%
Total Expenses
$11,433,594
$15,665,698
+37%
Net income
2023
2024
Change
Net income
+$8,273,758
+$1,875,966
-77%
Functional Expenses
Summary
2023
2024
Change
Program
$10,431,393
$14,687,505
+41%
Admin
$1,002,201
$978,193
-2%
Fundraising
$0
$0
-
Total Expenses
$11,433,594
$15,665,698
+37%