FRIENDS OF THE WORLD FOOD PROGRAM INC
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$96,451,811
Prepaid Expenses
41%
Cash & Equivalents
25%
Investments
20%
Receivables (Non-Related)
6%
Other Assets
5%
Property, Plant, & Equipment (net)
3%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$68,724,318
Deferred Revenue
56%
Grants Payable
30%
Other Liabilities
11%
Payables & Accruals
2%
Custodial & Escrow Liabilities
<1%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$32,106,219
$24,379,081
-24%
Receivables (Non-Related)
$8,870,851
$6,174,299
-30%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$20,063,814
$39,712,674
+98%
Investments
$15,143,058
$19,170,208
+27%
Property, Plant, & Equipment (net)
$2,648,438
$2,423,271
-9%
Other Assets
$4,901,410
$4,592,278
-6%
Total Assets
$83,733,790
$96,451,811
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$2,046,010
$1,541,538
-25%
Grants Payable
$14,401,556
$20,658,127
+43%
Deferred Revenue
$31,424,071
$38,779,793
+23%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$228,141
$269,108
+18%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$7,414,477
$7,475,752
+1%
Total Liabilities
$55,514,255
$68,724,318
+24%
Net assets
2023
2024
Change
Restricted Net Assets
$967,902
$546,337
-44%
Unrestricted Net Assets
$27,251,633
$27,181,156
0%
Net assets
2023
2024
Change
Net assets
+$28,219,535
+$27,727,493
-2%
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