FY18 Annual Report NTFB Annual Report 2018 - Page 16

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 16