BLUE RIDGE AREA FOOD BANK INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$41,789,632
Investments
55%
Property, Plant, & Equipment (net)
22%
Inventories
9%
Cash & Equivalents
5%
Receivables (Non-Related)
5%
Other Assets
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$2,731,380
Other Liabilities
56%
Payables & Accruals
41%
Deferred Revenue
2%
Grants Payable
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
$1,452,962
$2,294,875
+58%
Receivables (Non-Related)
$2,701,824
$1,899,581
-30%
Related-Party Receivables
-
-
-
Inventories
$1,564,753
$3,758,897
+140%
Prepaid Expenses
$123,574
$130,410
+6%
Investments
$18,821,272
$23,167,452
+23%
Property, Plant, & Equipment (net)
$8,149,529
$9,195,053
+13%
Other Assets
$1,368,079
$1,343,364
-2%
Total Assets
$34,181,993
$41,789,632
+22%
Liabilities
2023
2024
Change
Payables & Accruals
$1,551,558
$1,126,917
-27%
Grants Payable
-
-
-
Deferred Revenue
-
$66,479
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,506,262
$1,537,984
+2%
Total Liabilities
$3,057,820
$2,731,380
-11%
Net assets
2023
2024
Change
Restricted Net Assets
$2,006,836
$3,586,893
+79%
Unrestricted Net Assets
$29,117,337
$35,471,359
+22%
Net assets
2023
2024
Change
Net assets
+$31,124,173
+$39,058,252
+25%
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