Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$77,851,564
Program Services
80%
Investments
20%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$66,075,489
Interest
32%
Salaries & Benefits
30%
Offices, Occupancy & IT
15%
Other
13%
Depreciation
3%
Fees to Service Providers
3%
Advertising & Promotion
2%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$52,048,527
$62,097,996
+19%
Membership Dues
$0
$0
-
Investments
$14,613,533
$15,753,568
+8%
Other
$0
$0
-
Total Revenues
$66,662,060
$77,851,564
+17%
Expenses
2023
2024
Change
Grants
$301,653
$269,247
-11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$19,269,975
$20,127,412
+4%
Fees to Service Providers
$1,325,945
$2,121,851
+60%
Advertising & Promotion
$1,302,755
$1,390,577
+7%
Offices, Occupancy & IT
$9,720,637
$10,167,821
+5%
Interest
$11,509,356
$21,198,437
+84%
Depreciation
$2,114,534
$2,221,802
+5%
Other
$7,720,309
$8,578,342
+11%
Total Expenses
$53,265,164
$66,075,489
+24%
Net income
2023
2024
Change
Net income
+$13,396,896
+$11,776,075
-12%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$53,265,164
$66,075,489
+24%