Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$2,050,066
Program Services
>99%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$1,879,880
Interest
73%
Depreciation
26%
Offices, Occupancy & IT
<1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Other
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,693,468
$2,032,161
+20%
Membership Dues
$0
$0
-
Investments
$7,161
$17,905
+150%
Other
$0
$0
-
Total Revenues
$1,700,629
$2,050,066
+21%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$0
$3,440
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$14,052
-
Interest
$1,160,681
$1,369,511
+18%
Depreciation
$446,247
$492,877
+10%
Other
$0
$0
-
Total Expenses
$1,606,928
$1,879,880
+17%
Net income
2023
2024
Change
Net income
+$93,701
+$170,186
+82%
Functional Expenses
Summary
2023
2024
Change
Program
$1,606,928
$1,869,323
+16%
Admin
$0
$10,557
-
Fundraising
$0
$0
-
Total Expenses
$1,606,928
$1,879,880
+17%