Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$15,564,351
Investments
50%
Program Services
44%
Other
6%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$15,405,095
Benefits to Members
52%
Salaries & Benefits
18%
Other
14%
Interest
7%
Offices, Occupancy & IT
6%
Fees to Service Providers
3%
Advertising & Promotion
<1%
Grants
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,976,869
$6,899,683
+39%
Membership Dues
$0
$0
-
Investments
$7,361,415
$7,745,911
+5%
Other
$1,384,540
$918,757
-34%
Total Revenues
$13,722,824
$15,564,351
+13%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$5,232,597
$7,958,990
+52%
Salaries & Benefits
$2,511,930
$2,797,497
+11%
Fees to Service Providers
$478,836
$489,192
+2%
Advertising & Promotion
$96,645
$96,615
0%
Offices, Occupancy & IT
$765,693
$878,608
+15%
Interest
$407,488
$1,024,800
+151%
Depreciation
$0
$0
-
Other
$1,392,506
$2,159,393
+55%
Total Expenses
$10,885,695
$15,405,095
+42%
Net income
2023
2024
Change
Net income
+$2,837,129
+$159,256
-94%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$10,885,695
$15,405,095
+42%