THRIVE MINISTRIES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,228,063
Property, Plant, & Equipment (net)
89%
Cash & Equivalents
10%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,370,224
Notes Payable / Debt (Non-Related)
98%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$731,591
$517,083
-29%
Receivables (Non-Related)
$36,383
$35,092
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,815,117
$4,645,991
-4%
Other Assets
$36,931
$29,897
-19%
Total Assets
$5,620,022
$5,228,063
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$182,740
$87,738
-52%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,381,213
$4,282,486
-2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,563,953
$4,370,224
-4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,056,069
$857,839
-19%
Net assets
2023
2024
Change
Net assets
+$1,056,069
+$857,839
-19%
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