funder logo

DAMON THOMPSON MINISTRIES INC

DAMON THOMPSON MINISTRIES INC

Mobile, AL, US
501(c)3
EIN
90-0865907
Regional Funder
funder logo

DAMON THOMPSON MINISTRIES INC

Mobile, AL, US
501(c)3
EIN
90-0865907
Regional Funder

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$5,623,669

Property, Plant, & Equipment (net)
58%
Cash & Equivalents
39%
Investments
3%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$55,265

Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,255,376
$2,205,863
-2%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$500,079
$142,702
-71%
Property, Plant, & Equipment (net)
$2,209,903
$3,275,104
+48%
Other Assets
-
-
-
Total Assets
$4,965,358
$5,623,669
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$40,212
$55,265
+37%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$40,212
$55,265
+37%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$4,925,146
+$5,568,404
+13%
Balance Sheet
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