Civic Intelligence

Thrasher Ministries Inc.

EIN 88-1369620 • 501(c)3 • Shelburn, IN

Pub. 78 Eligible

Profile

Religious and Charitable

3828 E Hwy 48Shelburn, IN 47879
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.80x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.44x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

60th percentile

7.1%

Higher net margin than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

94th percentile

137%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

83rd percentile

42%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$88,707

Up $59,852 (+207%) from 2023

Liabilities

Up

$71,296

Up $48,411 (+212%) from 2023

Net Assets

Up

$17,411

Up $11,441 (+192%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin60th percentile

Revenue

Up

$161,127

Up $41,153 (+34%) from 2023

Expenses

Up

$149,686

Up $32,244 (+27%) from 2023

Net Income

Up

$11,441

Up $8,909 (+352%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth94th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2022: $15,843Liabilities 2022: $12,405Net Assets 2022: $3,4382022Assets 2023: $28,855Liabilities 2023: $22,885Net Assets 2023: $5,9702023Assets 2024: $88,707Liabilities 2024: $71,296Net Assets 2024: $17,4112024

Highlighted filing

2024

Assets$88,707
Liabilities$71,296
Net Assets$17,411
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2022: $80,243Expenses 2022: $76,805Net Income 2022: $3,4382022Revenue 2023: $119,974Expenses 2023: $117,442Net Income 2023: $2,5322023Revenue 2024: $161,127Expenses 2024: $149,686Net Income 2024: $11,4412024

Highlighted filing

2024

Revenue$161,127
Expenses$149,686
Net Income$11,441
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,707
Liabilities
$71,296
Net assets
$17,411
Revenue
$161,127
Expenses
$149,686
Net income
$11,441
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.89$0.71$0.17$1.61$1.50$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.29$0.23$0.06$1.20$1.17$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.12$0.03$0.80$0.77$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$161,127
Mission and Program Overview

Mission

Religious and Charitable

Program Services

DescriptionGrantsExpenses
Disbursement of contributions for ministry purposes-$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Darren ThrasherPresident-$0--
Filing and Contact Details

Filer

Filer Name
Thrasher Ministries
EIN
88-1369620
In Care Of
% Darren Thrasher
Phone
8125620612
Address
3828 E Hwy 48, Shelburn, IN 47879

Signing Officer

Name
Darren Thrasher President
Title
President
Phone
8125620612
Signed
2025-11-04
Discuss with paid preparer
No

Preparer

Firm
A-1 Business Services
Address
42 1/2 Munroe Falls Ave, Munroe Falls, OH 44262
Preparer
Donald Ridenour
Phone
3306303426
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountMinistry Dues 2,578Medical 18,207Meals 34,475Travel 37,429Special Function 1,482Accounting 500Office Expense 638Insurance 13,053Vehicle 41,299Bank Fees 25”

Description of other assets Part II line 24

“Category Beginning of Year End of YearTractor 11,400 11,400Trailer 13,995 13,9952019 Audi Q7 0 15,900Batwing 0 3,1822022 Chevy 2500 0 39,498”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCredit Card 4,490 7,703Tractor 4,400 0Trailer 13,995 12,3952022 Chevy 2500 0 35,2982019 Audi Q7 0 15,900”

Raw XML Appendix127 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Darren Thrasher President
IRS990EZ/BooksInCareOfDetail/PhoneNum08125620612
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03828 E Hwy 48
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Shelburn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd047879
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03460
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04732
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0161127
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011441
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt028855
IRS990EZ/Form990TotalAssetsGrp/EOYAmt088707
IRS990EZ/GrossReceiptsAmt0161127
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05970
IRS990EZ/NetAssetsOrFundBalancesEOYAmt017411
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05970
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017411
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Darren Thrasher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt025395
IRS990EZ/OtherAssetsTotalDetail/EOYAmt083975
IRS990EZ/OtherExpensesTotalAmt0149686
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Religious and Charitable
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Disbursement of contributions for ministry purposes
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt022885
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt071296
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0149686
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0161127
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0161127
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0119974
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt080243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0361344
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0361344
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0161127
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0119974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt080243
IRS990ScheduleA/Total509Grp/TotalAmt0361344
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0161127
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0119974
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt080243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0361344
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMinistry Dues 2,578Medical 18,207Meals 34,475Travel 37,429Special Function 1,482Accounting 500Office Expense 638Insurance 13,053Vehicle 41,299Bank Fees 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearTractor 11,400 11,400Trailer 13,995 13,9952019 Audi Q7 0 15,900Batwing 0 3,1822022 Chevy 2500 0 39,498
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearCredit Card 4,490 7,703Tractor 4,400 0Trailer 13,995 12,3952022 Chevy 2500 0 35,2982019 Audi Q7 0 15,900
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0DARREN THRASHER PRESIDENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08125620612
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Thrasher Ministries
ReturnHeader/Filer/BusinessNameControlTxt0THRA
ReturnHeader/Filer/EIN0881369620
ReturnHeader/Filer/InCareOfNm0% Darren Thrasher
ReturnHeader/Filer/PhoneNum08125620612
ReturnHeader/Filer/USAddress/AddressLine1Txt03828 E Hwy 48
ReturnHeader/Filer/USAddress/CityNm0Shelburn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047879
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260027359
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0A-1 Business Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt042 1/2 Munroe Falls Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Munroe Falls
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044262
ReturnHeader/PreparerPersonGrp/PhoneNum03306303426
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD RIDENOUR
ReturnHeader/ReturnTs02025-11-04T10:10:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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