Income Statement

Fiscal Year: 2024
Revenues in 2024
$95,636,972
Government Grants
85%
Program Services
13%
Contributions
1%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$76,606,390
Other
71%
Salaries & Benefits
26%
Interest
<1%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Grants
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,197,814
$1,104,620
-8%
Government Grants
$47,497,751
$81,262,822
+71%
Fundraising Events
$0
$0
-
Program Services
$16,521,755
$12,060,827
-27%
Membership Dues
$0
$0
-
Investments
$351,011
$867,002
+147%
Other
$419,218
$341,701
-18%
Total Revenues
$65,987,549
$95,636,972
+45%
Expenses
2023
2024
Change
Grants
$609,268
$450,160
-26%
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,817,659
$19,632,075
+17%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$501,000
$575,531
+15%
Interest
$477,607
$640,339
+34%
Depreciation
$619,681
$590,488
-5%
Other
$40,155,825
$54,717,797
+36%
Total Expenses
$59,181,040
$76,606,390
+29%
Net income
2023
2024
Change
Net income
+$6,806,509
+$19,030,582
+180%
Functional Expenses
Summary
2023
2024
Change
Program
$56,499,460
$73,268,920
+30%
Admin
$2,667,887
$3,320,730
+24%
Fundraising
$13,693
$16,740
+22%
Total Expenses
$59,181,040
$76,606,390
+29%