Statement of Financial Position
Assets
Current Assets
Cash and cash equivalents
$
503,485
Handling fees receivable (Net allowance
of $19,019)
147,732
Pledges receivable
394,320
Pledges receivable - Capital Campaign
142,434
Other receivables
511,653
Investments
9,770,312
Inventory of food and commodities
5,942,559
Prepaid expenses and other assets
266,300
Total current assets
17,678,795
Noncurrent Assets
Liabilities and Net Assets
Current Liabilities
Accounts payable and accrued expenses
Note payable to bank
$
2,181,194
1,000,000
Total current liabilities
3,181,194
Noncurrent Liabilities
Deferred rent
152,548
Long-term note payable to bank
2,025,143
Total noncurrent liabilities
2,177,691
Total liabilities
5,358,885
Pledges receivable (net allowance of
244,074
$18,666)
Pledges receivable - Capital Campaign
(net allowance of $38,731)
462,069
Property and equipment, net
8,549,916
Total noncurrent assets
Total assets
9,256,059
$
26,934,854
Net Assets
Unrestricted
12,703,967
Temporarily restricted
8,872,002
21,575,969
Total net assets
Total liabilities and net assets
$
26,934,854