2024 Annual Report (1) - Flipbook - Page 19
FINANCIALS
PRELIMINARY STATEMENT OF FINANCIAL ACTIVITY
As of December 31, 2024
INCOME
Interest Income - Bank
Financial Income
Royalty Income
TOTAL INCOME
233,505
13,247,097
71,589,065
85,069,667
EXPENSES
Operating Expenses
2,889,397
40,415,602
Grants Awarded to Organizations
Depreciation
Excise Tax
TOTAL EXPENSES
66,650
1,305,000
44,676,649
NET INCOME
40,393,018
2024 TOTAL DISBURSEMENTS
$63,874,209
INVESTMENTS 51%
$32,300,000
GRANTS PAID 43%
$27,346,233
G&A 4%
$2,887,036
EXCISE TAX 2%
$1,305,000
CAP EX 0%
$35,940
As of December 31, 2024
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