Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$25,593,598
Program Services
85%
Investments
15%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$24,896,706
Interest
40%
Salaries & Benefits
27%
Other
23%
Offices, Occupancy & IT
6%
Depreciation
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$18,256,022
$21,723,010
+19%
Membership Dues
$0
$0
-
Investments
$3,563,875
$3,870,588
+9%
Other
-$771,376
$0
-100%
Total Revenues
$21,048,521
$25,593,598
+22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,799,125
$6,834,670
+1%
Fees to Service Providers
$321,848
$245,627
-24%
Advertising & Promotion
$791,016
$158,494
-80%
Offices, Occupancy & IT
$435,334
$1,609,674
+270%
Interest
$7,428,059
$9,940,523
+34%
Depreciation
$922,938
$329,363
-64%
Other
$6,194,140
$5,778,355
-7%
Total Expenses
$22,892,460
$24,896,706
+9%
Net income
2023
2024
Change
Net income
-$1,843,939
+$696,892
-138%
Functional Expenses
Summary
2023
2024
Change
Program
$7,295,025
$9,864,279
+35%
Admin
$15,597,435
$15,032,427
-4%
Fundraising
$0
$0
-
Total Expenses
$22,892,460
$24,896,706
+9%