Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$54,972,922
Program Services
62%
Other
32%
Investments
3%
Government Grants
3%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$34,377,493
Other
41%
Salaries & Benefits
25%
Depreciation
24%
Interest
9%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$976,985
$1,386,233
+42%
Fundraising Events
$0
$0
-
Program Services
$29,803,535
$34,340,580
+15%
Membership Dues
$0
$0
-
Investments
$1,090,716
$1,541,041
+41%
Other
$13,973,202
$17,705,068
+27%
Total Revenues
$45,844,438
$54,972,922
+20%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,636,642
$8,557,766
-1%
Fees to Service Providers
$314,675
$307,123
-2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$2,024,957
$3,078,368
+52%
Depreciation
$7,444,732
$8,171,122
+10%
Other
$13,108,698
$14,263,114
+9%
Total Expenses
$31,529,704
$34,377,493
+9%
Net income
2023
2024
Change
Net income
+$14,314,734
+$20,595,429
+44%
Functional Expenses
Summary
2023
2024
Change
Program
$26,014,005
$28,733,873
+10%
Admin
$5,515,699
$5,643,620
+2%
Fundraising
$0
$0
-
Total Expenses
$31,529,704
$34,377,493
+9%