Montgomery County Food Bank
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$17,342,822
Property, Plant, & Equipment (net)
33%
Cash & Equivalents
30%
Investments
18%
Inventories
14%
Receivables (Non-Related)
5%
Related-Party Receivables
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$863,290
Payables & Accruals
38%
Notes Payable / Debt (Non-Related)
37%
Deferred Revenue
14%
Other Liabilities
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,278,414
$5,207,132
+22%
Receivables (Non-Related)
$130,477
$870,346
+567%
Related-Party Receivables
$0
$0
-
Inventories
$2,107,493
$2,352,399
+12%
Prepaid Expenses
$5,154
$0
-100%
Investments
$2,504,673
$3,198,648
+28%
Property, Plant, & Equipment (net)
$5,147,511
$5,714,297
+11%
Other Assets
$0
$0
-
Total Assets
$14,173,722
$17,342,822
+22%
Liabilities
2023
2024
Change
Payables & Accruals
$35,716
$323,783
+807%
Grants Payable
-
-
-
Deferred Revenue
$330,004
$125,000
-62%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$439,900
$315,696
-28%
Related-Party Payables
$0
$0
-
Other Liabilities
$57,081
$98,811
+73%
Total Liabilities
$862,701
$863,290
+0%
Net assets
2023
2024
Change
Restricted Net Assets
$115,956
$393,866
+240%
Unrestricted Net Assets
$13,195,065
$16,085,666
+22%
Net assets
2023
2024
Change
Net assets
+$13,311,021
+$16,479,532
+24%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)