Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$7,487,555
Membership Dues
72%
Program Services
24%
Other
4%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Investments
0%
Expenses in 2024
$6,041,932
Salaries & Benefits
49%
Other
26%
Depreciation
16%
Offices, Occupancy & IT
7%
Fees to Service Providers
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$2,634,675
$1,773,218
-33%
Membership Dues
$4,712,200
$5,399,000
+15%
Investments
$0
$0
-
Other
$304,274
$315,337
+4%
Total Revenues
$7,651,149
$7,487,555
-2%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,768,708
$2,932,029
+6%
Fees to Service Providers
$111,567
$106,862
-4%
Advertising & Promotion
$19,995
$24,404
+22%
Offices, Occupancy & IT
$396,513
$429,619
+8%
Interest
$30,713
$27,729
-10%
Depreciation
$785,935
$946,940
+20%
Other
$1,286,370
$1,574,349
+22%
Total Expenses
$5,399,801
$6,041,932
+12%
Net income
2023
2024
Change
Net income
+$2,251,348
+$1,445,623
-36%
Functional Expenses
Summary
2023
2024
Change
Program
$4,209,907
$4,455,814
+6%
Admin
$1,189,894
$1,586,118
+33%
Fundraising
$0
$0
-
Total Expenses
$5,399,801
$6,041,932
+12%