Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2023
$27,383,738
Government Grants
67%
Program Services
27%
Contributions
3%
Investments
1%
Other
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$25,730,926
Salaries & Benefits
36%
Grants
20%
Offices, Occupancy & IT
19%
Other
13%
Fees to Service Providers
5%
Depreciation
4%
Interest
3%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2022
2023
Change
Contributions
$1,172,385
$933,512
-20%
Government Grants
$15,075,232
$18,245,798
+21%
Fundraising Events
$153,907
$0
-100%
Program Services
$6,956,918
$7,403,490
+6%
Membership Dues
$0
$0
-
Investments
$271,200
$403,072
+49%
Other
$180,850
$397,866
+120%
Total Revenues
$23,810,492
$27,383,738
+15%
Expenses
2022
2023
Change
Grants
$4,729,362
$5,163,284
+9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,178,369
$9,331,556
+2%
Fees to Service Providers
$2,635,543
$1,357,198
-49%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,711,381
$4,804,601
+77%
Interest
$0
$821,717
-
Depreciation
$1,167,938
$1,023,209
-12%
Other
$4,048,699
$3,229,361
-20%
Total Expenses
$24,471,292
$25,730,926
+5%
Net income
2022
2023
Change
Net income
-$660,800
+$1,652,812
-350%
Functional Expenses
Summary
2022
2023
Change
Program
$23,284,468
$25,057,076
+8%
Admin
$60,666
$13,800
-77%
Fundraising
$1,126,158
$660,050
-41%
Total Expenses
$24,471,292
$25,730,926
+5%