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FRANKLIN TOWNSHIP FOOD BANK
FRANKLIN TOWNSHIP FOOD BANK
SOMERSET, NJ, US
•
501(c)(3)
•
EIN
22-2406472
•
WWW.FRANKLINFOODBANK.ORG
•
•
Women Led
BIPOC Led
FRANKLIN TOWNSHIP FOOD BANK
SOMERSET, NJ, US
•
501(c)(3)
•
EIN
22-2406472
•
WWW.FRANKLINFOODBANK.ORG
•
•
Women Led
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$3,172,081
Cash & Equivalents
80%
Other Assets
9%
Property, Plant, & Equipment (net)
8%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in
2024
(Year End)
$287,901
Other Liabilities
94%
Payables & Accruals
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,710,837
$2,550,486
+49%
Receivables (Non-Related)
$211,397
$75,574
-64%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$13,639
$13,678
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$250,634
$260,642
+4%
Other Assets
$342,826
$271,701
-21%
Total Assets
$2,529,333
$3,172,081
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$20,665
$16,200
-22%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$342,826
$271,701
-21%
Total Liabilities
$363,491
$287,901
-21%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,165,842
$2,884,180
+33%
Net assets
2023
2024
Change
Net assets
+$2,165,842
+$2,884,180
+33%
Balance Sheet