Income Statement

Fiscal Year: 2024
Revenues in 2024
$162,824,762
Investments
51%
Program Services
48%
Other
2%
Membership Dues
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024
$158,715,741
Benefits to Members
76%
Other
10%
Salaries & Benefits
9%
Fees to Service Providers
2%
Depreciation
2%
Grants
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$84,939,256
$77,439,406
-9%
Membership Dues
$1,730
$1,720
-1%
Investments
$71,791,095
$82,739,654
+15%
Other
$5,097,070
$2,643,982
-48%
Total Revenues
$161,829,151
$162,824,762
+1%
Expenses
2023
2024
Change
Grants
$1,168,381
$1,149,097
-2%
Benefits to Members
$122,860,095
$120,679,778
-2%
Salaries & Benefits
$10,036,385
$14,033,717
+40%
Fees to Service Providers
$949,177
$2,820,323
+197%
Advertising & Promotion
$317,997
$653,723
+106%
Offices, Occupancy & IT
$1,736,427
$1,134,151
-35%
Interest
$0
$0
-
Depreciation
$1,298,831
$2,405,835
+85%
Other
$13,381,545
$15,839,117
+18%
Total Expenses
$151,748,838
$158,715,741
+5%
Net income
2023
2024
Change
Net income
+$10,080,313
+$4,109,021
-59%
Functional Expenses
Summary
2023
2024
Change
Program
$151,748,838
$158,715,741
+5%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$151,748,838
$158,715,741
+5%