Income Statement

Fiscal Year: 2024
Revenues in 2024
$11,850,103
Program Services
84%
Investments
16%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$9,587,223
Salaries & Benefits
34%
Interest
33%
Offices, Occupancy & IT
19%
Other
8%
Depreciation
3%
Advertising & Promotion
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$9,221,593
$9,957,373
+8%
Membership Dues
$0
$0
-
Investments
$1,455,487
$1,892,730
+30%
Other
$0
$0
-
Total Revenues
$10,677,080
$11,850,103
+11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,180,681
$3,266,689
+3%
Fees to Service Providers
$84,981
$41,454
-51%
Advertising & Promotion
$222,282
$223,693
+1%
Offices, Occupancy & IT
$1,766,391
$1,817,794
+3%
Interest
$2,025,978
$3,204,566
+58%
Depreciation
$252,045
$263,313
+4%
Other
$700,723
$769,714
+10%
Total Expenses
$8,233,081
$9,587,223
+16%
Net income
2023
2024
Change
Net income
+$2,443,999
+$2,262,880
-7%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$8,233,081
$9,587,223
+16%