FY2024 GFN Annual Report Nourshing People and Planet - Flipbook - Page 44
FY2024 Statement of Activities
2024
Without donor
restrictions
PUBLIC SUPPORT AND REVENUE
With donor
restrictions
ASSETS
Total
ASSETS
ASSETS
Public Support
Individual contributions
$
1,894,691
$
598,441
$
1,029,775
Corporate contributions
1,707,420
3,889,746
5,597,166
-
4,440,388
4,440,388
11,638,126
(11,638,126)
-
89,860
-
89,860
130,500
-
130,500
Contributions for grants to food banks
Net assets released from restriction
571,650
2,493,132
Foundation contributions
1,601,425
Revenue and gains
Gain on currency exchange
Realized and unrealized gain on investments
Other revenue
148,972
47,427
196,399
16,639,344
(2,090,474)
14,548,870
13,701,763
-
13,701,763
General and administrative
1,792,344
-
1,792,344
Fund development
2,033,369
-
2,033,369
3,825,713
-
3,825,713
17,527,476
-
17,527,476
(888,132)
(2,090,474)
(2,978,606)
Total public support, revenue and gains
EXPENSES
Program services
Supporting services
Total supporting services
Total expenses
CHANGE IN NET ASSETS BEFORE IN-KIND
IN-KIND TRANSACTIONS
PUBLIC SUPPORT AND REVENUE
Donated goods and services
-
156,705
Total in-kind public support and revenue
156,705
156,705
-
156,705
76,057
-
76,057
General and administrative
80,648
-
80,648
Total in-kind expenses
156,705
-
156,705
-
-
-
(888,132)
(2,090,474)
(2,978,606)
EXPENSES
Program services
Supporting services
CHANGE IN NET ASSETS, IN-KIND
(DECREASE) INCREASE IN NET ASSETS
Net assets, beginning of period
NET ASSETS, END OF PERIOD
42
11,271,921
4,576,177
$
3,688,045
$
9,181,447
15,848,098
$
12,869,492