Logo for "Second Harvest Food Bank of Metrolina, Inc."

Second Harvest Food Bank of Metrolina, Inc.

Second Harvest Food Bank of Metrolina, Inc.

Charlotte, NC, US
501(c)(3)
EIN
56-1352593
Women Led
Logo for "Second Harvest Food Bank of Metrolina, Inc."

Second Harvest Food Bank of Metrolina, Inc.

Charlotte, NC, US
501(c)(3)
EIN
56-1352593
Women Led

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$65,656,998

Investments
47%
Property, Plant, & Equipment (net)
26%
Cash & Equivalents
17%
Receivables (Non-Related)
7%
Inventories
3%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$1,600,065

Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,446,731
$11,295,358
+8%
Receivables (Non-Related)
$3,483,127
$4,282,591
+23%
Related-Party Receivables
$0
$0
-
Inventories
$1,672,700
$1,671,496
0%
Prepaid Expenses
$415,433
$387,377
-7%
Investments
$27,617,810
$31,075,366
+13%
Property, Plant, & Equipment (net)
$15,391,248
$16,869,475
+10%
Other Assets
$66,996
$75,335
+12%
Total Assets
$59,094,045
$65,656,998
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$1,214,044
$1,600,065
+32%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,214,044
$1,600,065
+32%
Net assets
2023
2024
Change
Restricted Net Assets
$5,883,719
$9,658,901
+64%
Unrestricted Net Assets
$51,996,282
$54,398,032
+5%
Net assets
2023
2024
Change
Net assets
+$57,880,001
+$64,056,933
+11%
Balance Sheet
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