Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$25,022,865
Government Grants
94%
Investments
4%
Program Services
2%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$24,655,829
Salaries & Benefits
50%
Fees to Service Providers
23%
Other
9%
Interest
7%
Depreciation
6%
Offices, Occupancy & IT
5%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,380
$625
-55%
Government Grants
$21,377,261
$23,643,571
+11%
Fundraising Events
$0
$0
-
Program Services
$0
$456,719
-
Membership Dues
$0
$0
-
Investments
$171,102
$921,950
+439%
Other
$10,004
$0
-100%
Total Revenues
$21,559,747
$25,022,865
+16%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,991,965
$12,296,179
+23%
Fees to Service Providers
$4,301,469
$5,614,144
+31%
Advertising & Promotion
$15,100
$82,828
+449%
Offices, Occupancy & IT
$1,213,860
$1,323,196
+9%
Interest
$1,774,605
$1,757,096
-1%
Depreciation
$1,276,651
$1,429,645
+12%
Other
$1,293,384
$2,152,741
+66%
Total Expenses
$19,867,034
$24,655,829
+24%
Net income
2023
2024
Change
Net income
+$1,692,713
+$367,036
-78%
Functional Expenses
Summary
2023
2024
Change
Program
$12,442,555
$15,932,325
+28%
Admin
$7,424,479
$8,723,504
+17%
Fundraising
$0
$0
-
Total Expenses
$19,867,034
$24,655,829
+24%