RACING WITH JESUS MINISTRIES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$741,348
Investments
87%
Property, Plant, & Equipment (net)
7%
Cash & Equivalents
6%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$28,690
Notes Payable / Debt (Non-Related)
93%
Other Liabilities
7%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$25,453
$43,232
+70%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$540,041
$645,699
+20%
Property, Plant, & Equipment (net)
$66,322
$52,417
-21%
Other Assets
-
-
-
Total Assets
$631,816
$741,348
+17%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$44,064
$26,650
-40%
Related-Party Payables
-
-
-
Other Liabilities
$1,978
$2,040
+3%
Total Liabilities
$46,042
$28,690
-38%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$585,774
$712,658
+22%
Net assets
2023
2024
Change
Net assets
+$585,774
+$712,658
+22%
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