Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$36,684,425
Program Services
79%
Other
17%
Investments
4%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$32,238,685
Salaries & Benefits
33%
Interest
29%
Other
24%
Offices, Occupancy & IT
9%
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
$23,601,439
$28,989,299
+23%
Membership Dues
$0
$0
-
Investments
$1,062,173
$1,535,465
+45%
Other
$6,722,027
$6,159,661
-8%
Total Revenues
$31,385,639
$36,684,425
+17%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,894,545
$10,563,483
+7%
Fees to Service Providers
$99,545
$118,040
+19%
Advertising & Promotion
$442,239
$490,505
+11%
Offices, Occupancy & IT
$2,576,604
$3,042,481
+18%
Interest
$6,328,689
$9,422,593
+49%
Depreciation
$908,543
$867,766
-4%
Other
$6,852,068
$7,733,817
+13%
Total Expenses
$27,102,233
$32,238,685
+19%
Net income
2023
2024
Change
Net income
+$4,283,406
+$4,445,740
+4%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$27,102,233
$32,238,685
+19%