Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$30,086,655
Other
72%
Investments
25%
Program Services
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$72,207,752
Benefits to Members
98%
Other
2%
Salaries & Benefits
<1%
Fees to Service Providers
<1%
Grants
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,436,404
$700,458
-51%
Membership Dues
$0
$0
-
Investments
$7,280,430
$7,637,507
+5%
Other
$2,612,807
$21,748,690
+732%
Total Revenues
$11,329,641
$30,086,655
+166%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$8,355,002
$70,715,567
+746%
Salaries & Benefits
$157,296
$197,562
+26%
Fees to Service Providers
$14,344
$146,964
+925%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$400,000
$1,147,659
+187%
Total Expenses
$8,926,642
$72,207,752
+709%
Net income
2023
2024
Change
Net income
+$2,402,999
-$42,121,097
-1853%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$8,926,642
$72,207,752
+709%