Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$42,255,091
Government Grants
55%
Contributions
32%
Other
7%
Investments
4%
Program Services
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$47,550,054
Salaries & Benefits
51%
Fees to Service Providers
20%
Offices, Occupancy & IT
16%
Other
10%
Depreciation
4%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$15,417,111
$13,696,554
-11%
Government Grants
$24,747,656
$23,358,220
-6%
Fundraising Events
$0
$0
-
Program Services
$805,238
$822,273
+2%
Membership Dues
$0
$0
-
Investments
$1,426,485
$1,586,454
+11%
Other
$1,214,836
$2,791,590
+130%
Total Revenues
$43,611,326
$42,255,091
-3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$24,193,843
$24,134,874
0%
Fees to Service Providers
$1,123,800
$9,600,124
+754%
Advertising & Promotion
$38,792
$38,921
+0%
Offices, Occupancy & IT
$7,442,094
$7,461,996
+0%
Interest
$0
$0
-
Depreciation
$1,789,910
$1,758,772
-2%
Other
$12,163,892
$4,555,367
-63%
Total Expenses
$46,752,331
$47,550,054
+2%
Net income
2023
2024
Change
Net income
-$3,141,005
-$5,294,963
-69%
Functional Expenses
Summary
2023
2024
Change
Program
$33,689,837
$33,822,669
+0%
Admin
$12,584,071
$13,295,843
+6%
Fundraising
$478,423
$431,542
-10%
Total Expenses
$46,752,331
$47,550,054
+2%