Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$53,840,746
Government Grants
60%
Program Services
34%
Investments
5%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$56,910,337
Salaries & Benefits
52%
Fees to Service Providers
15%
Other
13%
Depreciation
7%
Interest
5%
Offices, Occupancy & IT
5%
Grants
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$150,112
$111,111
-26%
Government Grants
$39,177,949
$32,350,277
-17%
Fundraising Events
$0
$0
-
Program Services
$16,129,332
$18,159,344
+13%
Membership Dues
$0
$0
-
Investments
$1,072,589
$2,729,995
+155%
Other
$107,811
$490,019
+355%
Total Revenues
$56,637,793
$53,840,746
-5%
Expenses
2023
2024
Change
Grants
$1,031,436
$1,068,119
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$25,510,430
$29,849,541
+17%
Fees to Service Providers
$8,458,259
$8,506,866
+1%
Advertising & Promotion
$95,860
$106,610
+11%
Offices, Occupancy & IT
$2,525,725
$2,767,660
+10%
Interest
$2,433,209
$2,857,350
+17%
Depreciation
$2,141,803
$4,109,111
+92%
Other
$6,362,096
$7,645,080
+20%
Total Expenses
$48,558,818
$56,910,337
+17%
Net income
2023
2024
Change
Net income
+$8,078,975
-$3,069,591
-138%
Functional Expenses
Summary
2023
2024
Change
Program
$40,082,167
$41,210,453
+3%
Admin
$8,476,651
$15,699,884
+85%
Fundraising
$0
$0
-
Total Expenses
$48,558,818
$56,910,337
+17%