FOOD FOR THE POOR INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$42,992,059
Cash & Equivalents
33%
Property, Plant, & Equipment (net)
25%
Investments
24%
Prepaid Expenses
8%
Receivables (Non-Related)
6%
Other Assets
5%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$15,793,435
Payables & Accruals
73%
Other Liabilities
27%
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
$16,590,312
$14,247,190
-14%
Receivables (Non-Related)
$3,132,461
$2,555,387
-18%
Related-Party Receivables
$0
-
-
Inventories
-
-
-
Prepaid Expenses
$1,197,118
$3,281,626
+174%
Investments
$8,974,890
$10,175,604
+13%
Property, Plant, & Equipment (net)
$10,987,089
$10,587,080
-4%
Other Assets
$2,593,228
$2,145,172
-17%
Total Assets
$43,475,098
$42,992,059
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$6,345,697
$11,536,189
+82%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
-
-
Other Liabilities
$4,550,297
$4,257,246
-6%
Total Liabilities
$10,895,994
$15,793,435
+45%
Net assets
2023
2024
Change
Restricted Net Assets
$11,032,909
$11,455,166
+4%
Unrestricted Net Assets
$21,546,195
$15,743,458
-27%
Net assets
2023
2024
Change
Net assets
+$32,579,104
+$27,198,624
-17%
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