FINANCIALS
Consolidated Statement of Activities
Year Ended June 30, 2018
Support and Revenue
Public Support
Public contributions
$ 18,454,536
Capital campaign 11,185,637
Capital campaign - in-kind 859,404
Donated food and commodities 105,573,633
Total public support 136,073,210
Government grants and cost reimbursements
4,559,257
Revenue
Handling fee 1,945,064
Investment return 607,686
Other revenue 24,353
Total revenue 2,577,103
Total support and revenue 143,209,570
Expenses and Losses
Program 122,731,798
Management and general
2,277,148
Fundraising 5,283,830
Total expenses 130,292,776
Change in Net Assets 12,916,794
Net Assets, Beginning of Year 56,601,903
Net Assets, End of Year 69,518,697
Please see full Audited Financial Statements at www.ntfb.org for notes and other supplementary information that is integral to the financial statements.
An estimated wholesale value of the donated food and commodities is included in both the Statement of Financial Position and the Statement of Activities.
Donated inventory is valued at an average of the national wholesale prices as determined by an independent study provided by Feeding America.
Annual Report FY 2018
North Texas Food Bank
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