Income Statement

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Revenues in 2024
$12,912,206
Contributions
79%
Program Services
21%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$12,287,087
Offices, Occupancy & IT
64%
Other
15%
Depreciation
9%
Interest
5%
Salaries & Benefits
5%
Fees to Service Providers
3%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$604,199
$10,192,584
+1587%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$2,653,515
-
Membership Dues
$0
$0
-
Investments
$22
$66,107
+300386%
Other
$0
$0
-
Total Revenues
$604,221
$12,912,206
+2037%
Expenses
2023
2024
Change
Grants
$0
$19,012
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$523,258
$571,495
+9%
Fees to Service Providers
$56,298
$308,089
+447%
Advertising & Promotion
$0
$15,000
-
Offices, Occupancy & IT
$6,443,960
$7,905,263
+23%
Interest
$0
$573,020
-
Depreciation
$0
$1,055,819
-
Other
$73,706
$1,839,389
+2396%
Total Expenses
$7,097,222
$12,287,087
+73%
Net income
2023
2024
Change
Net income
-$6,493,001
+$625,119
-110%
Functional Expenses
Summary
2023
2024
Change
Program
$6,405,337
$9,940,350
+55%
Admin
$691,885
$2,346,737
+239%
Fundraising
$0
$0
-
Total Expenses
$7,097,222
$12,287,087
+73%