FLORIDA FFA FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,922,759
Property, Plant, & Equipment (net)
75%
Investments
15%
Prepaid Expenses
8%
Cash & Equivalents
1%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,111,381
Payables & Accruals
71%
Notes Payable / Debt (Non-Related)
29%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$71,731
$36,047
-50%
Receivables (Non-Related)
$31,660
$22,576
-29%
Related-Party Receivables
-
-
-
Inventories
$17,290
-
-
Prepaid Expenses
$719,911
$240,932
-67%
Investments
$364,174
$428,275
+18%
Property, Plant, & Equipment (net)
$2,231,946
$2,181,624
-2%
Other Assets
$13,305
$13,305
+0%
Total Assets
$3,450,017
$2,922,759
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$1,077,184
$790,863
-27%
Grants Payable
-
-
-
Deferred Revenue
$77,935
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$388,816
$320,518
-18%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,543,935
$1,111,381
-28%
Net assets
2023
2024
Change
Restricted Net Assets
$364,174
$244,244
-33%
Unrestricted Net Assets
$1,541,908
$1,567,134
+2%
Net assets
2023
2024
Change
Net assets
+$1,906,082
+$1,811,378
-5%
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