Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$16,676,168
Government Grants
79%
Other
16%
Contributions
3%
Program Services
2%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$15,218,577
Salaries & Benefits
55%
Offices, Occupancy & IT
17%
Other
14%
Fees to Service Providers
9%
Depreciation
5%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,006,402
$453,965
-55%
Government Grants
$11,230,326
$13,147,454
+17%
Fundraising Events
$0
$0
-
Program Services
$287,105
$280,109
-2%
Membership Dues
$0
$0
-
Investments
$219,887
$171,473
-22%
Other
$1,821,632
$2,623,167
+44%
Total Revenues
$14,565,352
$16,676,168
+14%
Expenses
2023
2024
Change
Grants
$45,000
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,709,647
$8,338,512
+8%
Fees to Service Providers
$1,037,368
$1,316,815
+27%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,858,606
$2,599,165
+40%
Interest
$142,495
$133,009
-7%
Depreciation
$772,223
$725,403
-6%
Other
$1,812,652
$2,105,673
+16%
Total Expenses
$13,377,991
$15,218,577
+14%
Net income
2023
2024
Change
Net income
+$1,187,361
+$1,457,591
+23%
Functional Expenses
Summary
2023
2024
Change
Program
$9,574,813
$11,358,614
+19%
Admin
$3,577,393
$3,633,317
+2%
Fundraising
$225,785
$226,646
+0%
Total Expenses
$13,377,991
$15,218,577
+14%