TEXAS FUTURE FARMERS OF AMERICA FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$17,126,056
Investments
93%
Cash & Equivalents
7%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,086,159
Grants Payable
85%
Payables & Accruals
15%
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
$1,127,813
$1,156,876
+3%
Receivables (Non-Related)
$160,398
$113,700
-29%
Related-Party Receivables
$0
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$13,866,110
$15,851,848
+14%
Property, Plant, & Equipment (net)
$6,052
$3,632
-40%
Other Assets
$0
-
-
Total Assets
$15,160,373
$17,126,056
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$127,215
$167,784
+32%
Grants Payable
$844,125
$918,375
+9%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
-
-
Other Liabilities
$0
-
-
Total Liabilities
$971,340
$1,086,159
+12%
Net assets
2023
2024
Change
Restricted Net Assets
$6,475,363
$7,415,728
+15%
Unrestricted Net Assets
$7,713,670
$8,624,169
+12%
Net assets
2023
2024
Change
Net assets
+$14,189,033
+$16,039,897
+13%
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