Messiah Lifeways 2023-2024 Annual Report - Flipbook - Page 16
Consolidated Statement of Activities
Condensed as of fiscal year ended June 30
Date
2024
2023
$52,941,526
$51,535,797
Salaries, Wages, and Bene昀椀ts
$25,677,727
$21,517,167
Fees, Purchased Services, and Supplies
$14,398,614
$15,512,593
Depreciation and Amortization
$7,622,433
$7,786,438
Interest
$3,321,488
$3,283,970
Building Operations and Maintenance
$3,149,385
$3,212,228
Other Operating Expenses
$1,654,809
$1,323,062
Insurance and Real Estate Taxes
$2,269,836
$2,199,004
Total Expenses
$58,094,292
$54,834,462
Operating Loss
($5,152,766)
($3,298,665)
Contibutions
$834,577
$1,306,818
Investment Returns
$7,793,777
$6,430,108
Release From Restriction Used for Operations
-($1,486,094)
-($1,505,854)
$18,927
$1,469,119
Change in Net Assets
$2,008,421
$4,401,526
Net Assets, Beginning
$52,035,867
$47,634,341
Net Assets, Ending
$54,044,288
$52,035,867
Revenues:
Expenses:
Other Non-Operating Gains and Losses
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