ARC MINISTRY INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$873,123
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
17%
Inventories
1%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$274,842
Notes Payable / Debt (Non-Related)
91%
Payables & Accruals
9%
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
$169,656
$145,392
-14%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$4,327
$11,384
+163%
Prepaid Expenses
-
$5,625
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$717,019
$708,522
-1%
Other Assets
$2,200
$2,200
+0%
Total Assets
$893,202
$873,123
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$29,702
$25,077
-16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$397,960
$249,765
-37%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$427,662
$274,842
-36%
Net assets
2023
2024
Change
Restricted Net Assets
$66,158
-
-
Unrestricted Net Assets
$399,382
$598,281
+50%
Net assets
2023
2024
Change
Net assets
+$465,540
+$598,281
+29%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)