Income Statement

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
Revenues in 2025
$10,287,621
Program Services
94%
Investments
6%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2025
$11,044,845
Interest
45%
Depreciation
28%
Fees to Service Providers
15%
Other
7%
Offices, Occupancy & IT
5%
Salaries & Benefits
<1%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2024
2025
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$9,864,238
$9,720,741
-1%
Membership Dues
$0
$0
-
Investments
$623,247
$566,880
-9%
Other
$0
$0
-
Total Revenues
$10,487,485
$10,287,621
-2%
Expenses
2024
2025
Change
Grants
$0
$10,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$44,430
$56,379
+27%
Fees to Service Providers
$2,177,881
$1,632,065
-25%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$718,938
$596,900
-17%
Interest
$5,043,421
$4,925,492
-2%
Depreciation
$3,045,861
$3,045,861
+0%
Other
$705,987
$778,148
+10%
Total Expenses
$11,736,518
$11,044,845
-6%
Net income
2024
2025
Change
Net income
-$1,249,033
-$757,224
+39%
Functional Expenses
Summary
2024
2025
Change
Program
$11,703,994
$11,001,060
-6%
Admin
$32,524
$43,785
+35%
Fundraising
$0
$0
-
Total Expenses
$11,736,518
$11,044,845
-6%