MISSISSIPPI FOOD NETWORK INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$20,692,101
Investments
47%
Cash & Equivalents
18%
Property, Plant, & Equipment (net)
17%
Inventories
15%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$524,793
Payables & Accruals
89%
Deferred Revenue
11%
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
$4,915,757
$3,706,653
-25%
Receivables (Non-Related)
$680,902
$650,394
-4%
Related-Party Receivables
-
-
-
Inventories
$2,710,784
$3,031,195
+12%
Prepaid Expenses
$64,297
$71,584
+11%
Investments
$8,973,033
$9,806,922
+9%
Property, Plant, & Equipment (net)
$2,671,441
$3,425,353
+28%
Other Assets
-
-
-
Total Assets
$20,016,214
$20,692,101
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$322,703
$465,599
+44%
Grants Payable
-
-
-
Deferred Revenue
$59,735
$59,194
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$382,438
$524,793
+37%
Net assets
2023
2024
Change
Restricted Net Assets
$4,271,136
$3,832,305
-10%
Unrestricted Net Assets
$15,362,640
$16,335,003
+6%
Net assets
2023
2024
Change
Net assets
+$19,633,776
+$20,167,308
+3%
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