Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$6,991,692
Program Services
69%
Investments
26%
Other
5%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$5,407,388
Salaries & Benefits
33%
Interest
27%
Other
21%
Offices, Occupancy & IT
13%
Fees to Service Providers
5%
Advertising & Promotion
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,212,876
$4,843,533
+15%
Membership Dues
$0
$0
-
Investments
$1,638,707
$1,796,995
+10%
Other
$341,544
$351,164
+3%
Total Revenues
$6,193,127
$6,991,692
+13%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,744,391
$1,773,922
+2%
Fees to Service Providers
$208,993
$259,102
+24%
Advertising & Promotion
$14,039
$19,964
+42%
Offices, Occupancy & IT
$713,537
$704,067
-1%
Interest
$1,032,719
$1,474,476
+43%
Depreciation
$29,336
$19,580
-33%
Other
$909,435
$1,156,277
+27%
Total Expenses
$4,652,450
$5,407,388
+16%
Net income
2023
2024
Change
Net income
+$1,540,677
+$1,584,304
+3%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$4,652,450
$5,407,388
+16%