ATLAS Ministry Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$11,567,681
Investments
58%
Property, Plant, & Equipment (net)
38%
Cash & Equivalents
4%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,093,206
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$617,827
$448,572
-27%
Receivables (Non-Related)
$10,584
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$2,667,340
$6,738,786
+153%
Property, Plant, & Equipment (net)
$2,828,522
$4,380,323
+55%
Other Assets
-
-
-
Total Assets
$6,124,273
$11,567,681
+89%
Liabilities
2023
2024
Change
Payables & Accruals
$408,569
$1,093,206
+168%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$408,569
$1,093,206
+168%
Net assets
2023
2024
Change
Restricted Net Assets
-
$2,391,574
-
Unrestricted Net Assets
$5,715,704
$8,082,901
+41%
Net assets
2023
2024
Change
Net assets
+$5,715,704
+$10,474,475
+83%
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