Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$12,050,677
Government Grants
95%
Contributions
5%
Other
<1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$9,563,647
Salaries & Benefits
62%
Other
33%
Offices, Occupancy & IT
4%
Fees to Service Providers
<1%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$452,140
$563,480
+25%
Government Grants
$7,715,889
$11,447,154
+48%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$5,639
$13,616
+141%
Other
$3,397
$26,427
+678%
Total Revenues
$8,177,065
$12,050,677
+47%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,400,624
$5,905,445
+9%
Fees to Service Providers
$58,275
$62,785
+8%
Advertising & Promotion
$3,130
$3,182
+2%
Offices, Occupancy & IT
$348,107
$374,272
+8%
Interest
$64,737
$21,821
-66%
Depreciation
$184,276
$0
-100%
Other
$1,686,955
$3,196,142
+89%
Total Expenses
$7,746,104
$9,563,647
+23%
Net income
2023
2024
Change
Net income
+$430,961
+$2,487,030
+477%
Functional Expenses
Summary
2023
2024
Change
Program
$6,142,609
$7,946,271
+29%
Admin
$1,116,463
$1,126,311
+1%
Fundraising
$487,032
$491,065
+1%
Total Expenses
$7,746,104
$9,563,647
+23%