Income Statement

Fiscal Year: 2024
Revenues in 2024
$53,289,623
Other
85%
Investments
13%
Contributions
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$31,185,286
Salaries & Benefits
45%
Grants
16%
Other
16%
Depreciation
15%
Fees to Service Providers
7%
Interest
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$664,012
$1,292,537
+95%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$6,321,048
$6,871,329
+9%
Other
$13,842,269
$45,125,757
+226%
Total Revenues
$20,827,329
$53,289,623
+156%
Expenses
2023
2024
Change
Grants
$4,151,956
$5,121,536
+23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,464,949
$14,074,425
+13%
Fees to Service Providers
$2,613,407
$2,276,448
-13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$253,286
$96,336
-62%
Interest
$167,756
$137,601
-18%
Depreciation
$4,429,985
$4,532,714
+2%
Other
$4,640,748
$4,946,226
+7%
Total Expenses
$28,722,087
$31,185,286
+9%
Net income
2023
2024
Change
Net income
-$7,894,758
+$22,104,337
-380%