Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$13,916,281
Investments
59%
Program Services
39%
Other
1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$6,561,321
Other
49%
Grants
26%
Salaries & Benefits
16%
Interest
8%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$310
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$6,386,867
$5,479,950
-14%
Membership Dues
$0
$0
-
Investments
$17,075,246
$8,237,911
-52%
Other
$38,968,161
$198,420
-99%
Total Revenues
$62,430,584
$13,916,281
-78%
Expenses
2023
2024
Change
Grants
$16,931,812
$1,706,834
-90%
Benefits to Members
$0
$0
-
Salaries & Benefits
$823,428
$1,049,630
+27%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$16,589
$0
-100%
Offices, Occupancy & IT
$8,928
$24,213
+171%
Interest
$474,260
$550,632
+16%
Depreciation
$0
$0
-
Other
$3,293,221
$3,230,012
-2%
Total Expenses
$21,548,238
$6,561,321
-70%
Net income
2023
2024
Change
Net income
+$40,882,346
+$7,354,960
-82%
Functional Expenses
Summary
2023
2024
Change
Program
$18,352,064
$3,451,879
-81%
Admin
$3,196,174
$3,109,442
-3%
Fundraising
$0
$0
-
Total Expenses
$21,548,238
$6,561,321
-70%