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BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED
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BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED
Winston Salem, NC, US
•
501(c)3
•
EIN
56-0562308
•
WWW.THRIVEMORENC.ORG
BAPTIST RETIREMENT HOMES OF NORTH CAROLINA INCORPORATED
Sign up to claim this org
Winston Salem, NC, US
•
501(c)3
•
EIN
56-0562308
•
WWW.THRIVEMORENC.ORG
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Income Statement
Balance Sheet
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Balance Sheet
Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Assets in
2024
(Year End)
$189,607,114
Property, Plant, & Equipment (net)
46%
Investments
39%
Other Assets
8%
Cash & Equivalents
3%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in
2024
(Year End)
$109,336,043
Notes Payable / Debt (Non-Related)
50%
Deferred Revenue
45%
Payables & Accruals
4%
Other Liabilities
<1%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,961,275
$6,413,314
+62%
Receivables (Non-Related)
$5,279,383
$5,559,725
+5%
Related-Party Receivables
-
-
-
Inventories
$140,482
$126,891
-10%
Prepaid Expenses
$200,109
$566,228
+183%
Investments
$62,868,069
$74,532,762
+19%
Property, Plant, & Equipment (net)
$54,115,249
$86,728,425
+60%
Other Assets
$10,260,809
$15,679,769
+53%
Total Assets
$136,825,376
$189,607,114
+39%
Liabilities
2023
2024
Change
Payables & Accruals
$3,736,278
$4,750,474
+27%
Grants Payable
-
-
-
Deferred Revenue
$25,543,003
$49,408,028
+93%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$36,233
$7,807
-78%
Notes Payable / Debt (Non-Related)
$29,608,371
$54,870,505
+85%
Related-Party Payables
-
-
-
Other Liabilities
-
$299,229
-
Total Liabilities
$58,923,885
$109,336,043
+86%
Net assets
2023
2024
Change
Restricted Net Assets
$22,594,667
$24,225,128
+7%
Unrestricted Net Assets
$55,306,824
$56,045,943
+1%
Net assets
2023
2024
Change
Net assets
+$77,901,491
+$80,271,071
+3%
Balance Sheet