Income Statement

Fiscal Year: 2023
Revenues in 2023
$20,242,196
Program Services
51%
Other
48%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$17,154,262
Other
57%
Depreciation
15%
Interest
15%
Salaries & Benefits
10%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Revenues
2022
2023
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$19,535,303
$10,288,331
-47%
Membership Dues
$0
$0
-
Investments
$35,354
$147,365
+317%
Other
$39,832,136
$9,806,500
-75%
Total Revenues
$59,402,793
$20,242,196
-66%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,985,392
$1,706,502
-14%
Fees to Service Providers
$16,025
$0
-100%
Advertising & Promotion
$48,983
$80,864
+65%
Offices, Occupancy & IT
$525,958
$444,868
-15%
Interest
$3,208,090
$2,531,528
-21%
Depreciation
$2,357,856
$2,547,638
+8%
Other
$7,562,480
$9,842,862
+30%
Total Expenses
$15,704,784
$17,154,262
+9%
Net income
2022
2023
Change
Net income
+$43,698,009
+$3,087,934
-93%
Functional Expenses
Summary
2022
2023
Change
Program
$15,167,984
$16,670,381
+10%
Admin
$536,800
$483,881
-10%
Fundraising
$0
$0
-
Total Expenses
$15,704,784
$17,154,262
+9%