Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$576,969
Investments
78%
Contributions
14%
Other
8%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$3,218,591
Fees to Service Providers
38%
Other
27%
Salaries & Benefits
27%
Offices, Occupancy & IT
3%
Advertising & Promotion
3%
Depreciation
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$5,409,575
$79,000
-99%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$731,000
$0
-100%
Investments
$241,990
$451,305
+86%
Other
$219,681
$46,664
-79%
Total Revenues
$6,602,246
$576,969
-91%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$406,798
$868,848
+114%
Fees to Service Providers
$379,864
$1,227,435
+223%
Advertising & Promotion
$268,452
$104,307
-61%
Offices, Occupancy & IT
$50,027
$111,296
+122%
Interest
$0
$0
-
Depreciation
$0
$33,428
-
Other
$140,284
$873,277
+523%
Total Expenses
$1,245,425
$3,218,591
+158%
Net income
2023
2024
Change
Net income
+$5,356,821
-$2,641,622
-149%
Functional Expenses
Summary
2023
2024
Change
Program
$304,759
$952,385
+213%
Admin
$666,589
$901,748
+35%
Fundraising
$274,077
$1,364,458
+398%
Total Expenses
$1,245,425
$3,218,591
+158%