Income Statement

Fiscal Year: 2024
Revenues in 2024
$49,306,331
Contributions
54%
Government Grants
41%
Investments
5%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$56,828,646
Salaries & Benefits
36%
Other
32%
Grants
22%
Offices, Occupancy & IT
6%
Fees to Service Providers
3%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$21,842,753
$26,401,840
+21%
Government Grants
$65,119,048
$20,189,970
-69%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,411,063
$2,412,155
-29%
Other
$239,613
$302,366
+26%
Total Revenues
$90,612,477
$49,306,331
-46%
Expenses
2023
2024
Change
Grants
$35,829,203
$12,782,246
-64%
Benefits to Members
$0
$0
-
Salaries & Benefits
$32,721,353
$20,548,195
-37%
Fees to Service Providers
$1,787,431
$1,545,403
-14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,852,445
$3,619,255
-25%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$20,926,807
$18,333,547
-12%
Total Expenses
$96,117,239
$56,828,646
-41%
Net income
2023
2024
Change
Net income
-$5,504,762
-$7,522,315
-37%
Functional Expenses
Summary
2023
2024
Change
Program
$82,029,229
$46,121,006
-44%
Admin
$12,843,695
$10,011,541
-22%
Fundraising
$1,244,315
$696,099
-44%
Total Expenses
$96,117,239
$56,828,646
-41%