Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$32,183,426
Program Services
70%
Other
24%
Investments
6%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$9,342,010
Grants
64%
Offices, Occupancy & IT
20%
Fees to Service Providers
7%
Depreciation
4%
Other
4%
Salaries & Benefits
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$23,709,129
$22,402,276
-6%
Membership Dues
$0
$0
-
Investments
$1,398,001
$1,986,548
+42%
Other
$1,597
$7,794,602
+487978%
Total Revenues
$25,108,727
$32,183,426
+28%
Expenses
2023
2024
Change
Grants
$3,375,000
$6,000,000
+78%
Benefits to Members
$0
$0
-
Salaries & Benefits
$63,894
$62,387
-2%
Fees to Service Providers
$648,637
$691,379
+7%
Advertising & Promotion
$99
$42
-58%
Offices, Occupancy & IT
$865,667
$1,880,980
+117%
Interest
$0
$0
-
Depreciation
$358,828
$379,877
+6%
Other
$7,553
$327,345
+4234%
Total Expenses
$5,319,678
$9,342,010
+76%
Net income
2023
2024
Change
Net income
+$19,789,049
+$22,841,416
+15%
Functional Expenses
Summary
2023
2024
Change
Program
$4,659,749
$8,635,657
+85%
Admin
$659,929
$706,353
+7%
Fundraising
$0
$0
-
Total Expenses
$5,319,678
$9,342,010
+76%