Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$10,699,771
Program Services
88%
Investments
12%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$10,260,826
Other
37%
Salaries & Benefits
37%
Interest
15%
Offices, Occupancy & IT
4%
Depreciation
3%
Advertising & Promotion
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$8,406,460
$9,414,583
+12%
Membership Dues
$0
$0
-
Investments
$1,150,797
$1,285,188
+12%
Other
$0
$0
-
Total Revenues
$9,557,257
$10,699,771
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,059,544
$3,775,903
+23%
Fees to Service Providers
$110,829
$102,059
-8%
Advertising & Promotion
$115,455
$161,041
+39%
Offices, Occupancy & IT
$414,514
$453,472
+9%
Interest
$1,088,437
$1,578,065
+45%
Depreciation
$354,509
$351,412
-1%
Other
$3,253,251
$3,838,874
+18%
Total Expenses
$8,396,539
$10,260,826
+22%
Net income
2023
2024
Change
Net income
+$1,160,718
+$438,945
-62%
Functional Expenses
Summary
2023
2024
Change
Program
$8,023,466
$9,802,444
+22%
Admin
$373,073
$458,382
+23%
Fundraising
$0
$0
-
Total Expenses
$8,396,539
$10,260,826
+22%