NTFB Documents FY16 Annual Report - Final | Page 23

STATEMENT OF
FINANCIAL POSITION
Assets
Liabilities and Net Assets
Current Assets
Cash and cash equivalents
Current Liabilities
$
1,504,983
Handling fees receivable (net allowance
125,460
Pledges receivable 712,867
Other receivables
4,932,867
51 5,166
Investments 14,523,001
Inventory of food and commodities 6,462,537
Prepaid expenses and other assets
Total Current Assets
29,045,163
4,500,000
Total current liabilities
6,370,476
Noncurrent Liabilities
Deferred Rent
192,787
Long-term Note Payable to Bank
2,600,000
Total Noncurrent Liabilities 2,792,787
Total Liabilities 9,163,263
Net Assets
Pledges receivable (net allowance of
56,322
Unrestricted 19,017,294
Temporarily Restricted 27,527,979
Total Net Assets
Pledges receivable - Capital Campaign
(net allowance of $932,859) 13,793,399
Property and equipment, net 12,813,652
Total Noncurrent Assets 26,663,373
Total Assets
1,870,476
268,282
Noncurrent Assets
$17,198)
$
Note payable to bank
of $16,451)
Pledges receivable - Capital Campaign
Accounts payable and accrued expenses
Total Liabilities and Net Assets
46,545,273
$
55,708,536
$ 55,708,536
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