Income Statement

Fiscal Year: 2023
Jul 1, 2022 – May 31, 2023
Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Revenues in 2023
$26,051,875
Other
93%
Program Services
7%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2023
$2,235,455
Offices, Occupancy & IT
32%
Interest
29%
Depreciation
17%
Fees to Service Providers
15%
Other
7%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Revenues
2022
2023
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,147,296
$1,898,048
-54%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$24,153,827
-
Total Revenues
$4,147,296
$26,051,875
+528%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$745,066
$338,305
-55%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,941,120
$706,699
-64%
Interest
$2,016,893
$657,524
-67%
Depreciation
$927,919
$386,645
-58%
Other
$278,114
$146,282
-47%
Total Expenses
$5,909,112
$2,235,455
-62%
Net income
2022
2023
Change
Net income
-$1,761,816
+$23,816,420
-1452%
Functional Expenses
Summary
2022
2023
Change
Program
$5,909,112
$2,235,455
-62%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$5,909,112
$2,235,455
-62%