Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$10,112,735
Program Services
69%
Other
30%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$12,562,253
Salaries & Benefits
32%
Depreciation
28%
Interest
16%
Offices, Occupancy & IT
10%
Other
8%
Fees to Service Providers
5%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$431,573
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$2,784,343
$6,975,569
+151%
Membership Dues
$0
$0
-
Investments
$36,554
$79,783
+118%
Other
$2,785,995
$3,057,383
+10%
Total Revenues
$6,038,465
$10,112,735
+67%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,838,377
$3,991,829
+41%
Fees to Service Providers
$349,557
$670,194
+92%
Advertising & Promotion
$81,326
$960
-99%
Offices, Occupancy & IT
$508,877
$1,301,468
+156%
Interest
$838,163
$2,038,649
+143%
Depreciation
$1,473,999
$3,525,489
+139%
Other
$750,177
$1,033,664
+38%
Total Expenses
$6,840,476
$12,562,253
+84%
Net income
2023
2024
Change
Net income
-$802,011
-$2,449,518
-205%
Functional Expenses
Summary
2023
2024
Change
Program
$4,614,412
$11,150,682
+142%
Admin
$2,226,064
$1,411,571
-37%
Fundraising
$0
$0
-
Total Expenses
$6,840,476
$12,562,253
+84%