Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$52,392,030
Program Services
62%
Contributions
26%
Investments
9%
Other
3%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$26,387,402
Other
65%
Depreciation
14%
Salaries & Benefits
8%
Interest
7%
Fees to Service Providers
6%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$9,088,722
$13,379,535
+47%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$27,779,136
$32,743,595
+18%
Membership Dues
$0
$0
-
Investments
$3,083,568
$4,607,846
+49%
Other
-$2,907,217
$1,661,054
-157%
Total Revenues
$37,044,209
$52,392,030
+41%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,875,678
$2,232,175
+19%
Fees to Service Providers
$1,339,407
$1,480,115
+11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$102,537
$137,065
+34%
Interest
$1,361,192
$1,781,841
+31%
Depreciation
$4,041,458
$3,691,658
-9%
Other
$15,310,046
$17,064,548
+11%
Total Expenses
$24,030,318
$26,387,402
+10%
Net income
2023
2024
Change
Net income
+$13,013,891
+$26,004,628
+100%
Functional Expenses
Summary
2023
2024
Change
Program
$22,851,796
$25,122,242
+10%
Admin
$1,178,522
$1,265,160
+7%
Fundraising
$0
$0
-
Total Expenses
$24,030,318
$26,387,402
+10%