Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$32,204,830
Program Services
92%
Investments
5%
Government Grants
2%
Contributions
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$22,863,636
Depreciation
54%
Interest
33%
Other
10%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,381,980
$262,111
-81%
Government Grants
$1,305,134
$760,430
-42%
Fundraising Events
$0
$0
-
Program Services
$30,712,047
$29,594,635
-4%
Membership Dues
$0
$0
-
Investments
$2,506,871
$1,534,598
-39%
Other
$0
$53,056
-
Total Revenues
$35,906,032
$32,204,830
-10%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$740,991
$442,983
-40%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$42,340
$37,829
-11%
Interest
$8,534,110
$7,616,600
-11%
Depreciation
$12,229,704
$12,403,035
+1%
Other
$1,198,317
$2,363,189
+97%
Total Expenses
$22,745,462
$22,863,636
+1%
Net income
2023
2024
Change
Net income
+$13,160,570
+$9,341,194
-29%
Functional Expenses
Summary
2023
2024
Change
Program
$22,703,122
$22,825,807
+1%
Admin
$42,340
$37,829
-11%
Fundraising
$0
$0
-
Total Expenses
$22,745,462
$22,863,636
+1%