Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$29,691,347
Program Services
50%
Investments
44%
Other
6%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$25,049,600
Interest
46%
Salaries & Benefits
28%
Offices, Occupancy & IT
16%
Other
6%
Depreciation
2%
Fees to Service Providers
1%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$12,914,921
$14,852,167
+15%
Membership Dues
$0
$0
-
Investments
$9,860,285
$13,019,827
+32%
Other
$0
$1,819,353
-
Total Revenues
$22,775,206
$29,691,347
+30%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,970,309
$7,030,303
+18%
Fees to Service Providers
$1,046,980
$372,889
-64%
Advertising & Promotion
$337,446
$351,065
+4%
Offices, Occupancy & IT
$3,935,909
$4,033,518
+2%
Interest
$8,196,399
$11,446,188
+40%
Depreciation
$278,611
$376,403
+35%
Other
$1,453,103
$1,439,234
-1%
Total Expenses
$21,218,757
$25,049,600
+18%
Net income
2023
2024
Change
Net income
+$1,556,449
+$4,641,747
+198%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$21,218,757
$25,049,600
+18%