Income Statement

Fiscal Year: 2024
Revenues in 2024
$18,953,079
Investments
>99%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$39,324,574
Grants
94%
Salaries & Benefits
4%
Other
<1%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,309,000,000
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,153,667
$18,910,857
+355%
Other
$0
$42,222
-
Total Revenues
$1,313,153,667
$18,953,079
-99%
Expenses
2023
2024
Change
Grants
$4,125,000
$37,015,139
+797%
Benefits to Members
$0
$0
-
Salaries & Benefits
$225,292
$1,682,805
+647%
Fees to Service Providers
$674,418
$249,409
-63%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$3,859
$91,698
+2276%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$27,420
$285,523
+941%
Total Expenses
$5,055,989
$39,324,574
+678%
Net income
2023
2024
Change
Net income
+$1,308,097,678
-$20,371,495
-102%
Functional Expenses
Summary
2023
2024
Change
Program
$4,313,519
$37,861,005
+778%
Admin
$742,470
$1,463,569
+97%
Fundraising
$0
$0
-
Total Expenses
$5,055,989
$39,324,574
+678%