FY17 Annual Report North Texas Food Bank Annual Report 2017 | Page 11
AUDITED FINANCIALS
North Texas Food Bank
Statements of Activities | Years Ended June 30, 2017 and 2016
2017
2016
Temporarily
Restricted
Unrestricited
Total Prior Year
Comparative
Totals
17,490,063 $
Support and Revenue
Public Support
Public contributions
$
Capital campaign
Donated food and commodities
14,302,829
Total public support
Government grants and cost reimbursements
$
—
3,187,234
$
12,660,198
—
97,326,405
20,312,173
12,660,198 25,124,872
97,326,405 102,522,742
14,302,829 113,173,837 127,476,666 147,959,787
4,006,379 — 4,006,379 4,425,249
1,963,224 — 1,963,224 2,200,392
Revenue
Handling fee
Investment income (loss) 844,597 —
Gain on sale of fixed assets — —
—
Other revenue
9,868
Total revenue
2,817,689
—
844,597
—
(21,876)
20,955
9,868
2,817,689
6,641
2,206,112
Total public support and revenue before
net assets released from restrictions
21,126,897
Net assets released from restrictions
113,173,837
104,300,708
Total support and revenue
(104,300,708)
125,427,605
8,873,129
134,300,734
—
154,591,148
—
134,300,734 154,591,148
Expenses and Losses
Program
117,010,530 — 117,010,530 122,326,883
2,126,386 — 2,126,386 2,156,449
4,993,739 — 4,993,739 124,130,655 — 124,130,655
Management and general
Fundraising
Total expenses
5,138,512
129,621,844
Allowance adjustment for uncollectable
pledges receivable - capital campaign
Total expenses and losses
—
124,130,655
113,449
113,449
113,449
—
124,244,104 129,621,844
Change in Net Assets 1,296,950 8,759,680 10,056,630 24,969,304
Net Assets, Beginning of Year 19,017,294 27,527,979 46,545,273 21,575,969
20,314,244 36,287,659 56,601,903 46,545,273
Net Assets, End of Year
ANNUAL REPORT FY 2017
NORTH TEXAS FOOD BANK
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