Page 14 - Goodwill of the Finger Lakes Annual Report

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Consolidated Financial

Summary

YEAR ENDING YEAR ENDING
MARCH 31, 2023 MARCH 31, 2022
Revenue

Public Support 1 $16,985,282 $19,349,815
Program Revenue $4,174,033 $2,643,290
Sales Revenue 2 $42,577,216 $38,333,673
Other Income 3 $1,371,512 $1,112,145

TOTAL REVENUE $65,108,043 $61,438,923

Expenses

Manufacturing $10,108,058 $8,803,934
Vision Rehabilitation $1,002,656 $826,234
Food Service $1,098,660 $786,944
Retail $37,112,931 $32,635,162
Contact Center $3,147,877 $3,150,272
211/LIFE LINE $3,643,945 $2,503,496
Workforce Development $600,978 $538,443
Development $515,963 $394,250
Administration $6,080,414 $5,113,297

TOTAL EXPENSES $63,311,482 $54,752,032
$
Change in Net Assets $1,796,561 $6,686,891
from Operations 3

1 The year ending March 31, 2022 includes $3,899,000 of Payroll
Protection Program loan forgiveness.
2 Sales Revenue = Contact Center + Food Service + Manufacturing +
Goodwill Retail + Vision Rehabilitation
3 Excludes non-operating income/expenses such as change in
pension funding status, gain or loss from interest swaps, and
net investment returns