Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$21,386,623
Program Services
61%
Investments
23%
Other
16%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$16,900,437
Other
51%
Interest
18%
Salaries & Benefits
18%
Advertising & Promotion
8%
Depreciation
4%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$11,116,879
$13,115,000
+18%
Membership Dues
$0
$0
-
Investments
$3,406,562
$4,925,237
+45%
Other
$7,472,367
$3,346,386
-55%
Total Revenues
$21,995,808
$21,386,623
-3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,581,067
$2,979,544
-17%
Fees to Service Providers
$277,653
$273,237
-2%
Advertising & Promotion
$1,297,712
$1,322,003
+2%
Offices, Occupancy & IT
$55,178
$59,228
+7%
Interest
$2,088,195
$3,085,724
+48%
Depreciation
$536,032
$627,687
+17%
Other
$6,514,960
$8,553,014
+31%
Total Expenses
$14,350,797
$16,900,437
+18%
Net income
2023
2024
Change
Net income
+$7,645,011
+$4,486,186
-41%
Functional Expenses
Summary
2023
2024
Change
Program
$9,900,945
$11,889,237
+20%
Admin
$4,449,852
$5,011,200
+13%
Fundraising
$0
$0
-
Total Expenses
$14,350,797
$16,900,437
+18%