Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$36,544,416
Program Services
83%
Investments
14%
Contributions
3%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$34,216,903
Salaries & Benefits
32%
Other
27%
Offices, Occupancy & IT
25%
Interest
14%
Advertising & Promotion
<1%
Fees to Service Providers
<1%
Grants
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$243,000
$1,186,820
+388%
Government Grants
$3,196,739
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$29,777,847
$30,364,173
+2%
Membership Dues
$0
$0
-
Investments
$4,076,077
$4,993,423
+23%
Other
$0
$0
-
Total Revenues
$37,293,663
$36,544,416
-2%
Expenses
2023
2024
Change
Grants
$20,000
$20,000
+0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,146,294
$11,064,383
-1%
Fees to Service Providers
$20,925
$39,876
+91%
Advertising & Promotion
$472,787
$274,156
-42%
Offices, Occupancy & IT
$7,962,859
$8,655,038
+9%
Interest
$3,209,644
$4,916,341
+53%
Depreciation
$0
$0
-
Other
$10,198,765
$9,247,109
-9%
Total Expenses
$33,031,274
$34,216,903
+4%
Net income
2023
2024
Change
Net income
+$4,262,389
+$2,327,513
-45%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$33,031,274
$34,216,903
+4%