Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$615,000
Program Services
>99%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$2,129,811
Depreciation
71%
Interest
29%
Other
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$615,000
$615,000
+0%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$615,000
$615,000
+0%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$2,136
$0
-100%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$608,228
$608,228
+0%
Depreciation
$1,440,180
$1,520,834
+6%
Other
$828
$749
-10%
Total Expenses
$2,051,372
$2,129,811
+4%
Net income
2023
2024
Change
Net income
-$1,436,372
-$1,514,811
-5%
Functional Expenses
Summary
2023
2024
Change
Program
$1,440,180
$1,520,834
+6%
Admin
$611,192
$608,977
0%
Fundraising
$0
$0
-
Total Expenses
$2,051,372
$2,129,811
+4%