Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$55,247,635
Program Services
88%
Investments
7%
Other
5%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$52,885,866
Benefits to Members
83%
Salaries & Benefits
9%
Fees to Service Providers
3%
Offices, Occupancy & IT
3%
Other
<1%
Depreciation
<1%
Grants
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$45,789,289
$48,610,314
+6%
Membership Dues
$0
$0
-
Investments
$3,643,391
$3,765,022
+3%
Other
$310,191
$2,872,299
+826%
Total Revenues
$49,742,871
$55,247,635
+11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$36,707,398
$44,082,293
+20%
Salaries & Benefits
$4,850,976
$4,892,030
+1%
Fees to Service Providers
$1,600,307
$1,771,784
+11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,357,968
$1,434,369
+6%
Interest
$0
$0
-
Depreciation
$341,700
$347,256
+2%
Other
$359,339
$358,134
0%
Total Expenses
$45,217,688
$52,885,866
+17%
Net income
2023
2024
Change
Net income
+$4,525,183
+$2,361,769
-48%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$45,217,688
$52,885,866
+17%