Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$124,826,968
Program Services
66%
Investments
16%
Contributions
12%
Other
7%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$98,646,239
Interest
39%
Salaries & Benefits
35%
Other
12%
Offices, Occupancy & IT
7%
Fees to Service Providers
4%
Depreciation
1%
Advertising & Promotion
1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$6,500
$15,156,000
+233069%
Government Grants
$6,696
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$57,620,416
$81,923,998
+42%
Membership Dues
$0
$0
-
Investments
$12,402,067
$19,632,102
+58%
Other
$7,883,267
$8,114,868
+3%
Total Revenues
$77,918,946
$124,826,968
+60%
Expenses
2023
2024
Change
Grants
$719,404
$352,423
-51%
Benefits to Members
$0
$0
-
Salaries & Benefits
$30,067,536
$34,829,236
+16%
Fees to Service Providers
$3,890,060
$4,263,856
+10%
Advertising & Promotion
$765,797
$1,042,333
+36%
Offices, Occupancy & IT
$5,230,698
$6,560,979
+25%
Interest
$32,614,767
$38,788,812
+19%
Depreciation
$1,252,733
$1,297,124
+4%
Other
$12,028,763
$11,511,476
-4%
Total Expenses
$86,569,758
$98,646,239
+14%
Net income
2023
2024
Change
Net income
-$8,650,812
+$26,180,729
-403%
Functional Expenses
Summary
2023
2024
Change
Program
$72,872,949
$85,473,055
+17%
Admin
$13,696,809
$13,173,184
-4%
Fundraising
$0
$0
-
Total Expenses
$86,569,758
$98,646,239
+14%