Income Statement

Fiscal Year: 2024
Revenues in 2024
$231,589,074
Program Services
87%
Investments
12%
Other
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$232,341,013
Fees to Service Providers
45%
Salaries & Benefits
38%
Offices, Occupancy & IT
6%
Grants
4%
Other
4%
Depreciation
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$200,992,791
-
Membership Dues
$0
$0
-
Investments
$3,165,363
$26,969,815
+752%
Other
$9,610,622
$3,626,468
-62%
Total Revenues
$12,775,985
$231,589,074
+1713%
Expenses
2023
2024
Change
Grants
$0
$9,500,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$89,274,343
-
Fees to Service Providers
$197,207
$105,083,082
+53186%
Advertising & Promotion
$0
$145,358
-
Offices, Occupancy & IT
$1,358
$13,705,986
+1009177%
Interest
$0
$0
-
Depreciation
$0
$5,840,961
-
Other
$0
$8,791,283
-
Total Expenses
$198,565
$232,341,013
+116910%
Net income
2023
2024
Change
Net income
+$12,577,420
-$751,939
-106%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$175,609,191
-
Admin
$198,565
$56,731,822
+28471%
Fundraising
$0
$0
-
Total Expenses
$198,565
$232,341,013
+116910%