GROUND ZERO MINISTRIES INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$785,226
Property, Plant, & Equipment (net)
65%
Receivables (Non-Related)
29%
Cash & Equivalents
6%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$139,749
Notes Payable / Debt (Non-Related)
94%
Payables & Accruals
6%
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
$24,458
$46,645
+91%
Receivables (Non-Related)
$340,077
$230,350
-32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$587,087
$508,231
-13%
Other Assets
-
-
-
Total Assets
$951,622
$785,226
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$565
$7,858
+1291%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$135,673
$131,891
-3%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$136,238
$139,749
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$319,563
$230,350
-28%
Unrestricted Net Assets
$495,821
$415,127
-16%
Net assets
2023
2024
Change
Net assets
+$815,384
+$645,477
-21%
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