FY2024 GFN Annual Report Nourshing People and Planet - Flipbook - Page 43
Statements of Financial Position
2024
ASSETS
Cash and cash equivalents
2023
ASSETS
$
4,670,934
ASSETS
$
9,451,057
Investments
2,033,606
746,178
Pledge receivables
5,935,598
2,545,885
Other assets
Total current assets
Pledge receivables, net of current portion
Other assets
332,530
176,348
12,972,668
12,919,468
776,810
3,905,563
79,191
84,055
Furniture and equipment, net of accumulated depreciation of
$184,076 and $129,469, respectively, for 2024 and 2023
Right-of-use asset
Total assets
133,180
187,480
331,202
445,376
$
14,293,051
$
$
556,728
$
17,541,942
LIABILITIES AND NET ASSETS
Current liabilities
Accounts payable
244,681
Project grants payable
112,000
586,387
Operating lease liability, current
133,812
123,107
386,005
370,843
1,188,545
1,325,018
Other accrued liabilities
Total current liabilities
Operating lease liability, net of current
Total liabilities
235,014
368,826
1,423,559
1,693,844
3,688,045
4,576,177
9,181,447
11,271,921
12,869,492
15,848,098
NET ASSETS
Without donor restrictions
With donor restrictions
Total net assets
Total liabilities and net assets
$
14,293,051
$
17,541,942
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