MIRACLE HILL MINISTRIES INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$45,827,733
Property, Plant, & Equipment (net)
46%
Investments
35%
Cash & Equivalents
8%
Other Assets
5%
Inventories
3%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$9,800,333
Notes Payable / Debt (Non-Related)
86%
Payables & Accruals
13%
Other Liabilities
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$5,735,568
$3,689,178
-36%
Receivables (Non-Related)
$493,025
$724,365
+47%
Related-Party Receivables
-
-
-
Inventories
$984,384
$1,556,154
+58%
Prepaid Expenses
$238,799
$438,647
+84%
Investments
$15,195,100
$16,023,867
+5%
Property, Plant, & Equipment (net)
$17,028,935
$21,031,771
+24%
Other Assets
$1,204,856
$2,363,751
+96%
Total Assets
$40,880,667
$45,827,733
+12%
Liabilities
2024
2025
Change
Payables & Accruals
$785,394
$1,246,365
+59%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,743,753
$8,380,590
+46%
Related-Party Payables
-
-
-
Other Liabilities
$190,190
$173,378
-9%
Total Liabilities
$6,719,337
$9,800,333
+46%
Net assets
2024
2025
Change
Restricted Net Assets
$7,972,213
$7,983,944
+0%
Unrestricted Net Assets
$26,189,117
$28,043,456
+7%
Net assets
2024
2025
Change
Net assets
+$34,161,330
+$36,027,400
+5%
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