GLISI 2024 Year in Review

FY24 Financials Statement of Activities: July 1, 2023-June 30, 2024

4% Government Grants

2024

2023

4% Investment & Other

Revenues and gains:

Contributions & gifts in kind

$1,038,743

$1,049,384

Program fees

$2,189,655

$2,207,285

Revenue $3,511,149

Government Grants

$149,122

Investment gain, net

$127,347

$73,572

Other income

$6,282

$3

Total revenues & gains without donor restrictions Total revenues, gains & support without donor restrictions

$3,511,149

$3,330,244

30% Contributions

62% Program Fees

$3,511,149

$3,330,244

17% General & Administrative

5% Fundraising

Expenses:

Program services

$2,591,199

$2,556,792

General & administrative

$577,474

$535,968

Fundraising

$176,328

$153,496

Expense $3,345,001

Total expenses

$3,345,001

$3,246,256

Change in net assets without donor restrictions:

Increase in net assets

$166,148

$83,988

Net assets beginning of year

$3,531,768

$3,447,780

Net assets end of year

$3,697,916

$3,531,768

77% Program

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