Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$1,168,003
Investments
74%
Program Services
26%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,064,045
Interest
80%
Salaries & Benefits
12%
Other
6%
Fees to Service Providers
1%
Offices, Occupancy & IT
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$275,522
$297,842
+8%
Membership Dues
$0
$0
-
Investments
$820,398
$868,229
+6%
Other
$1,551
$1,932
+25%
Total Revenues
$1,097,471
$1,168,003
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$114,860
$129,990
+13%
Fees to Service Providers
$10,415
$12,786
+23%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$12,166
$11,145
-8%
Interest
$855,058
$847,901
-1%
Depreciation
$1,300
$0
-100%
Other
$42,161
$62,223
+48%
Total Expenses
$1,035,960
$1,064,045
+3%
Net income
2023
2024
Change
Net income
+$61,511
+$103,958
+69%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$1,035,960
$1,064,045
+3%