Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$7,857,286
Government Grants
55%
Other
37%
Program Services
8%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,189,442
Salaries & Benefits
48%
Other
40%
Offices, Occupancy & IT
7%
Fees to Service Providers
4%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$200
-
Government Grants
$3,215,188
$4,324,181
+34%
Fundraising Events
$0
$0
-
Program Services
$631,861
$640,517
+1%
Membership Dues
$0
$0
-
Investments
$12,822
$19,790
+54%
Other
$2,348,668
$2,872,598
+22%
Total Revenues
$6,208,539
$7,857,286
+27%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,008,079
$2,947,156
+47%
Fees to Service Providers
$246,864
$262,218
+6%
Advertising & Promotion
$61,793
$28,086
-55%
Offices, Occupancy & IT
$348,294
$431,938
+24%
Interest
$0
$0
-
Depreciation
$34,798
$41,873
+20%
Other
$1,494,915
$2,478,171
+66%
Total Expenses
$4,194,743
$6,189,442
+48%
Net income
2023
2024
Change
Net income
+$2,013,796
+$1,667,844
-17%
Functional Expenses
Summary
2023
2024
Change
Program
$3,599,802
$5,006,599
+39%
Admin
$358,485
$607,847
+70%
Fundraising
$236,456
$574,996
+143%
Total Expenses
$4,194,743
$6,189,442
+48%