Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$22,414,956
Program Services
81%
Other
17%
Investments
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$18,694,855
Interest
62%
Other
21%
Salaries & Benefits
13%
Offices, Occupancy & IT
3%
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
$16,268,965
$18,251,143
+12%
Membership Dues
$0
$0
-
Investments
$1,476,824
$439,765
-70%
Other
$639,842
$3,724,048
+482%
Total Revenues
$18,385,631
$22,414,956
+22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,573,020
$2,393,401
-7%
Fees to Service Providers
$98,252
$117,486
+20%
Advertising & Promotion
$79,432
$68,534
-14%
Offices, Occupancy & IT
$500,021
$542,525
+9%
Interest
$10,457,039
$11,529,378
+10%
Depreciation
$189,035
$186,082
-2%
Other
$3,850,128
$3,857,449
+0%
Total Expenses
$17,746,927
$18,694,855
+5%
Net income
2023
2024
Change
Net income
+$638,704
+$3,720,101
+482%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$17,746,927
$18,694,855
+5%