Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$40,141,017
Investments
62%
Program Services
37%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$36,642,253
Benefits to Members
82%
Other
10%
Salaries & Benefits
4%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$25,320,275
$15,015,212
-41%
Membership Dues
$0
$0
-
Investments
$22,222,789
$25,059,900
+13%
Other
$76,357
$65,905
-14%
Total Revenues
$47,619,421
$40,141,017
-16%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$41,078,372
$30,087,570
-27%
Salaries & Benefits
$3,334,119
$1,611,450
-52%
Fees to Service Providers
$299,549
$256,556
-14%
Advertising & Promotion
$50,283
$62,669
+25%
Offices, Occupancy & IT
$589,903
$773,102
+31%
Interest
$0
$0
-
Depreciation
$105,050
$105,050
+0%
Other
$1,949,585
$3,745,856
+92%
Total Expenses
$47,406,861
$36,642,253
-23%
Net income
2023
2024
Change
Net income
+$212,560
+$3,498,764
+1546%
Functional Expenses
Summary
2023
2024
Change
Program
$47,406,861
$36,642,253
-23%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$47,406,861
$36,642,253
-23%