FOOD RESEARCH AND ACTION CENTER
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,293,335
Receivables (Non-Related)
77%
Cash & Equivalents
20%
Other Assets
2%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$6,243,516
Payables & Accruals
>99%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,957,085
$2,457,775
+26%
Receivables (Non-Related)
$7,653,131
$9,426,193
+23%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$20,651
$65,151
+215%
Investments
$1,693,323
$99,932
-94%
Property, Plant, & Equipment (net)
$178,007
$0
-100%
Other Assets
$966,670
$244,284
-75%
Total Assets
$12,468,867
$12,293,335
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,392,485
$6,185,766
+344%
Grants Payable
$0
$0
-
Deferred Revenue
$89,500
$57,750
-35%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$4,226,082
$0
-100%
Total Liabilities
$5,708,067
$6,243,516
+9%
Net assets
2023
2024
Change
Restricted Net Assets
$6,182,338
$5,239,991
-15%
Unrestricted Net Assets
$578,462
$809,828
+40%
Net assets
2023
2024
Change
Net assets
+$6,760,800
+$6,049,819
-11%
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