RESCUE MISSIONS MINISTRIES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$20,403,550
Property, Plant, & Equipment (net)
52%
Cash & Equivalents
31%
Investments
8%
Inventories
8%
Other Assets
1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$788,470
Payables & Accruals
82%
Other Liabilities
18%
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%
Assets
2023
2024
Change
Cash & Equivalents
$5,904,422
$6,355,879
+8%
Receivables (Non-Related)
$29,370
$62,702
+113%
Related-Party Receivables
-
-
-
Inventories
$1,401,595
$1,533,851
+9%
Prepaid Expenses
$100
$100
+0%
Investments
$1,806,974
$1,642,460
-9%
Property, Plant, & Equipment (net)
$15,176,189
$10,590,983
-30%
Other Assets
$242,283
$217,575
-10%
Total Assets
$24,560,933
$20,403,550
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$552,376
$644,735
+17%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$184,334
$143,735
-22%
Total Liabilities
$736,710
$788,470
+7%
Net assets
2023
2024
Change
Restricted Net Assets
$2,724,478
$3,260,439
+20%
Unrestricted Net Assets
$21,099,745
$16,354,641
-22%
Net assets
2023
2024
Change
Net assets
+$23,824,223
+$19,615,080
-18%
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