Income Statement

Fiscal Year Start:
Aug 1
Revenues in 2024
$29,291,552
Program Services
87%
Government Grants
10%
Investments
3%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$25,959,369
Salaries & Benefits
74%
Other
10%
Offices, Occupancy & IT
8%
Fees to Service Providers
5%
Depreciation
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$72,576
$72,576
+0%
Government Grants
$8,291,772
$2,813,374
-66%
Fundraising Events
$0
$0
-
Program Services
$18,188,195
$25,394,639
+40%
Membership Dues
$0
$0
-
Investments
$349,105
$1,010,963
+190%
Other
$0
$0
-
Total Revenues
$26,901,648
$29,291,552
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$15,963,475
$19,119,967
+20%
Fees to Service Providers
$1,010,658
$1,382,210
+37%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,498,750
$1,998,414
+33%
Interest
$63,291
$0
-100%
Depreciation
$286,429
$795,986
+178%
Other
$2,249,200
$2,662,792
+18%
Total Expenses
$21,071,803
$25,959,369
+23%
Net income
2023
2024
Change
Net income
+$5,829,845
+$3,332,183
-43%
Functional Expenses
Summary
2023
2024
Change
Program
$17,575,326
$21,815,165
+24%
Admin
$3,414,189
$4,026,249
+18%
Fundraising
$82,288
$117,955
+43%
Total Expenses
$21,071,803
$25,959,369
+23%