Income Statement

Fiscal Year: 2024
Revenues in 2024
$19,157,568
Investments
50%
Program Services
48%
Other
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$16,509,183
Other
35%
Interest
30%
Salaries & Benefits
24%
Offices, Occupancy & IT
8%
Depreciation
2%
Advertising & Promotion
<1%
Grants
<1%
Fees to Service Providers
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$7,617,488
$9,188,414
+21%
Membership Dues
$0
$0
-
Investments
$7,614,397
$9,638,875
+27%
Other
$550,384
$330,279
-40%
Total Revenues
$15,782,269
$19,157,568
+21%
Expenses
2023
2024
Change
Grants
$39,700
$47,455
+20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,900,910
$3,915,684
+0%
Fees to Service Providers
$37,450
$42,200
+13%
Advertising & Promotion
$82,989
$158,571
+91%
Offices, Occupancy & IT
$1,319,727
$1,286,420
-3%
Interest
$4,265,378
$5,000,310
+17%
Depreciation
$607,237
$307,337
-49%
Other
$3,889,794
$5,751,206
+48%
Total Expenses
$14,143,185
$16,509,183
+17%
Net income
2023
2024
Change
Net income
+$1,639,084
+$2,648,385
+62%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$14,143,185
$16,509,183
+17%