Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$65,003,840
Program Services
85%
Investments
12%
Other
3%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$47,614,325
Interest
52%
Other
22%
Salaries & Benefits
9%
Fees to Service Providers
6%
Offices, Occupancy & IT
4%
Advertising & Promotion
3%
Grants
3%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$53,247,199
$55,083,295
+3%
Membership Dues
$0
$0
-
Investments
$5,666,432
$7,978,118
+41%
Other
-$814,064
$1,942,427
-339%
Total Revenues
$58,099,567
$65,003,840
+12%
Expenses
2023
2024
Change
Grants
$0
$1,250,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,978,799
$4,133,058
+4%
Fees to Service Providers
$3,061,180
$3,022,709
-1%
Advertising & Promotion
$1,076,639
$1,441,574
+34%
Offices, Occupancy & IT
$1,681,897
$2,095,138
+25%
Interest
$26,203,923
$24,725,397
-6%
Depreciation
$660,205
$441,734
-33%
Other
$10,872,917
$10,504,715
-3%
Total Expenses
$47,535,560
$47,614,325
+0%
Net income
2023
2024
Change
Net income
+$10,564,007
+$17,389,515
+65%
Functional Expenses
Summary
2023
2024
Change
Program
$46,617,515
$46,219,441
-1%
Admin
$918,045
$1,394,884
+52%
Fundraising
$0
$0
-
Total Expenses
$47,535,560
$47,614,325
+0%