Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$409,807,996
Program Services
70%
Investments
18%
Other
12%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$376,148,161
Interest
73%
Salaries & Benefits
15%
Other
6%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Advertising & Promotion
1%
Depreciation
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$252,138,598
$286,719,560
+14%
Membership Dues
$0
$0
-
Investments
$68,845,541
$72,285,036
+5%
Other
$0
$50,803,400
-
Total Revenues
$320,984,139
$409,807,996
+28%
Expenses
2023
2024
Change
Grants
$979,100
$963,100
-2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$27,729,367
$55,228,107
+99%
Fees to Service Providers
$4,830,432
$6,708,769
+39%
Advertising & Promotion
$4,319,013
$4,986,485
+15%
Offices, Occupancy & IT
$11,919,517
$11,638,976
-2%
Interest
$236,411,392
$273,048,569
+15%
Depreciation
$1,658,972
$1,729,947
+4%
Other
$20,950,369
$21,844,208
+4%
Total Expenses
$308,798,162
$376,148,161
+22%
Net income
2023
2024
Change
Net income
+$12,185,977
+$33,659,835
+176%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$308,798,162
$376,148,161
+22%