Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$5,054,956
Membership Dues
93%
Other
5%
Investments
1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Expenses in 2024
$4,717,927
Salaries & Benefits
40%
Benefits to Members
28%
Other
23%
Depreciation
3%
Offices, Occupancy & IT
3%
Advertising & Promotion
2%
Fees to Service Providers
<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
$4,594,364
$4,719,502
+3%
Investments
$31,919
$67,415
+111%
Other
$155,187
$268,039
+73%
Total Revenues
$4,781,470
$5,054,956
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$1,432,681
$1,343,441
-6%
Salaries & Benefits
$1,902,531
$1,865,754
-2%
Fees to Service Providers
$177,587
$36,189
-80%
Advertising & Promotion
$48,665
$98,647
+103%
Offices, Occupancy & IT
$116,273
$133,609
+15%
Interest
$0
$0
-
Depreciation
$150,232
$154,257
+3%
Other
$1,034,292
$1,086,030
+5%
Total Expenses
$4,862,261
$4,717,927
-3%
Net income
2023
2024
Change
Net income
-$80,791
+$337,029
-517%
Functional Expenses
Summary
2023
2024
Change
Program
$4,069,923
$4,045,657
-1%
Admin
$792,338
$672,270
-15%
Fundraising
$0
$0
-
Total Expenses
$4,862,261
$4,717,927
-3%