Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$46,935,654
Program Services
86%
Investments
13%
Government Grants
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$28,236,881
Interest
46%
Salaries & Benefits
28%
Other
17%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Depreciation
1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$20,868,974
$200,000
-99%
Fundraising Events
$0
$0
-
Program Services
$38,864,143
$40,489,481
+4%
Membership Dues
$0
$0
-
Investments
$3,933,126
$6,246,173
+59%
Other
$0
$0
-
Total Revenues
$63,666,243
$46,935,654
-26%
Expenses
2023
2024
Change
Grants
$23,368,777
$204,150
-99%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,954,967
$8,024,948
+1%
Fees to Service Providers
$519,920
$584,277
+12%
Advertising & Promotion
$200,416
$221,817
+11%
Offices, Occupancy & IT
$779,083
$840,398
+8%
Interest
$11,550,111
$13,074,327
+13%
Depreciation
$531,532
$383,697
-28%
Other
$553,567
$4,903,267
+786%
Total Expenses
$45,458,373
$28,236,881
-38%
Net income
2023
2024
Change
Net income
+$18,207,870
+$18,698,773
+3%
Functional Expenses
Summary
2023
2024
Change
Program
$43,917,651
$26,612,798
-39%
Admin
$1,540,722
$1,624,083
+5%
Fundraising
$0
$0
-
Total Expenses
$45,458,373
$28,236,881
-38%