Income Statement

Fiscal Year: 2024
Revenues in 2024
$251,243,122
Government Grants
97%
Investments
2%
Contributions
<1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$288,851,544
Other
57%
Fees to Service Providers
32%
Salaries & Benefits
9%
Advertising & Promotion
1%
Offices, Occupancy & IT
<1%
Grants
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$6,023
$1,611,727
+26660%
Government Grants
$219,469,424
$244,897,646
+12%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,223,718
$4,723,253
+47%
Other
$13,426
$10,496
-22%
Total Revenues
$222,712,591
$251,243,122
+13%
Expenses
2023
2024
Change
Grants
$153,550
$317,808
+107%
Benefits to Members
$0
$0
-
Salaries & Benefits
$20,971,838
$25,550,846
+22%
Fees to Service Providers
$73,984,634
$93,263,440
+26%
Advertising & Promotion
$3,595,178
$3,535,333
-2%
Offices, Occupancy & IT
$2,125,967
$1,928,011
-9%
Interest
$11,170
$4,068
-64%
Depreciation
$343,489
$288,386
-16%
Other
$124,191,632
$163,963,652
+32%
Total Expenses
$225,377,458
$288,851,544
+28%
Net income
2023
2024
Change
Net income
-$2,664,867
-$37,608,422
-1311%
Functional Expenses
Summary
2023
2024
Change
Program
$212,414,967
$273,690,099
+29%
Admin
$12,962,491
$15,161,445
+17%
Fundraising
$0
$0
-
Total Expenses
$225,377,458
$288,851,544
+28%