Civic Intelligence

Thrasher Ministries Inc.

990EZ • Fiscal year 2023 • EIN 88-1369620

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 29, 2024

Organization Profile
3828 E Hwy 48Shelburn, IN 47879

(812) 562-0612

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.79x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.19x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

48th percentile

2.1%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

90th percentile

82%

Faster asset growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

50%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$28,855

Up $13,012 (+82%) from 2022

Net Assets

Up

$5,970

Up $2,532 (+74%) from 2022

Liabilities

Up

$22,885

Up $10,480 (+84%) from 2022

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin48th percentile

Revenue

Up

$119,974

Up $39,731 (+50%) from 2022

Expenses

Up

$117,442

Up $40,637 (+53%) from 2022

Net Income

Down

$2,532

Down $906 (-26%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2023

Assets$28,855
Liabilities$22,885
Net Assets$5,970
Open 2023 Filing

Operations Trend

Revenue Growth80th percentile

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$119,974
Expenses$117,442
Net Income$2,532
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 29, 2024
Return Version
2023v5.1
Gross Receipts
$119,974
Mission and Program Overview

Mission

Religious and Charitable

Program Services

DescriptionGrantsExpenses
Disbursement of contributions for ministry purposes--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

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

Filer

Filer Name
Thrasher Ministries
EIN
88-1369620
Address
3828 E Hwy 48, Shelburn, IN 47879

Signing Officer

Name
Darren Thrasher President
Title
President
Phone
8125620612
Signed
2024-10-29
Discuss with paid preparer
No

Preparer

Firm
A-1 Business Services
Address
42 12 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 1,727Medical 14,152Meals 42,506Travel 37,718Special Function 966Accounting 206Office Expense 160Insurance 15,250Vehicle 4,757”

Description of other assets Part II line 24

“Category Beginning of Year End of YearTractor 11,400 11,400Trailer 0 13,995”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCredit Card 2,005 4,490Tractor 10,400 4,400Trailer 0 13,995”

Raw XML Appendix115 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/BOYAmt04443
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03460
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0119974
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02532
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt015843
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028855
IRS990EZ/GrossReceiptsAmt0119974
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03438
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05970
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03438
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05970
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/BOYAmt011400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025395
IRS990EZ/OtherExpensesTotalAmt0117442
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Religious and Charitable
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Disbursement of contributions for ministry purposes
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt012405
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt022885
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0117442
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0119974
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0119974
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt080243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0200217
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0200217
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0119974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt080243
IRS990ScheduleA/Total509Grp/TotalAmt0200217
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0119974
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt080243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0200217
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMinistry Dues 1,727Medical 14,152Meals 42,506Travel 37,718Special Function 966Accounting 206Office Expense 160Insurance 15,250Vehicle 4,757
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearTractor 11,400 11,400Trailer 0 13,995
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearCredit Card 2,005 4,490Tractor 10,400 4,400Trailer 0 13,995
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Darren Thrasher President
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08125620612
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Thrasher Ministries
ReturnHeader/Filer/BusinessNameControlTxt0THRA
ReturnHeader/Filer/EIN0881369620
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 12 Munroe Falls Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Munroe Falls
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044262
ReturnHeader/PreparerPersonGrp/PhoneNum03306303426
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donald Ridenour
ReturnHeader/ReturnTs02024-10-29T14:04:45-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,855
Liabilities
$22,885
Net assets
$5,970
Revenue
$119,974
Expenses
$117,442
Net income
$2,532
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