Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$21,970,563
Other
85%
Investments
15%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$20,562,874
Benefits to Members
63%
Other
18%
Salaries & Benefits
9%
Offices, Occupancy & IT
6%
Fees to Service Providers
3%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,626,261
$3,199,655
+22%
Other
$16,336,296
$18,770,908
+15%
Total Revenues
$18,962,557
$21,970,563
+16%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$6,791,747
$12,979,079
+91%
Salaries & Benefits
$1,727,934
$1,836,621
+6%
Fees to Service Providers
$764,634
$690,215
-10%
Advertising & Promotion
$127,502
$119,061
-7%
Offices, Occupancy & IT
$1,340,945
$1,200,996
-10%
Interest
$0
$0
-
Depreciation
$0
$1,546
-
Other
$3,143,662
$3,735,356
+19%
Total Expenses
$13,896,424
$20,562,874
+48%
Net income
2023
2024
Change
Net income
+$5,066,133
+$1,407,689
-72%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$13,896,424
$20,562,874
+48%