Income Statement

Fiscal Year Start:
Jul 1
Closed

This organization closed in 2024. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Revenues in 2024
$1,603,987
Investments
>99%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$53,914,550
Grants
99%
Salaries & Benefits
<1%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Other
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$10,388
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$439,578
$0
-100%
Membership Dues
$0
$0
-
Investments
$1,222,721
$1,603,167
+31%
Other
$37,304,850
$820
-100%
Total Revenues
$38,977,537
$1,603,987
-96%
Expenses
2023
2024
Change
Grants
$558,210
$53,265,273
+9442%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,596,107
$485,083
-87%
Fees to Service Providers
$1,268,985
$116,815
-91%
Advertising & Promotion
$2,141
$0
-100%
Offices, Occupancy & IT
$712,054
$27,270
-96%
Interest
$573,202
$0
-100%
Depreciation
$511,253
$0
-100%
Other
$2,134,771
$20,109
-99%
Total Expenses
$9,356,723
$53,914,550
+476%
Net income
2023
2024
Change
Net income
+$29,620,814
-$52,310,563
-277%
Functional Expenses
Summary
2023
2024
Change
Program
$3,063,429
$53,265,273
+1639%
Admin
$6,293,294
$649,277
-90%
Fundraising
$0
$0
-
Total Expenses
$9,356,723
$53,914,550
+476%