Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$9,439,660
Program Services
75%
Investments
25%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$8,665,479
Salaries & Benefits
33%
Benefits to Members
22%
Interest
13%
Other
12%
Offices, Occupancy & IT
11%
Fees to Service Providers
4%
Depreciation
3%
Advertising & Promotion
2%
Grants
<1%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$6,266,582
$7,065,352
+13%
Membership Dues
$0
$0
-
Investments
$1,652,653
$2,374,308
+44%
Other
$1,835
$0
-100%
Total Revenues
$7,921,070
$9,439,660
+19%
Expenses
2023
2024
Change
Grants
$0
$7,500
-
Benefits to Members
$0
$1,916,859
-
Salaries & Benefits
$2,634,238
$2,875,938
+9%
Fees to Service Providers
$329,954
$375,775
+14%
Advertising & Promotion
$158,075
$151,905
-4%
Offices, Occupancy & IT
$817,661
$929,048
+14%
Interest
$1,136,823
$1,145,884
+1%
Depreciation
$269,925
$243,896
-10%
Other
$2,021,617
$1,018,674
-50%
Total Expenses
$7,368,293
$8,665,479
+18%
Net income
2023
2024
Change
Net income
+$552,777
+$774,181
+40%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$7,368,293
$8,665,479
+18%