MINISTRY PARTNERS INVESTMENT COMPANY, LLC Financial Statements (2024 and earlier)
Company Profile
Business Address |
915 WEST IMPERIAL HIGHWAY BREA, CA 92821 |
State of Incorp. | CA |
Fiscal Year End | December 31 |
Industry (SIC) | 6199 - Finance Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 9,504 | 28,080 | 21,922 | 25,993 | 9,877 | 9,907 | |||
Cash and cash equivalents | 9,504 | 28,080 | 21,922 | 25,993 | 9,877 | 9,907 | |||
Total current assets: | 9,504 | 28,080 | 21,922 | 25,993 | 9,877 | 9,907 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 140 | 172 | 219 | 216 | 87 | 103 | |||
Long-term investments and receivables | 1,888 | 882 | 884 | 891 | 887 | 896 | |||
Long-term investments | 1,888 | 882 | 884 | 891 | 887 | 896 | |||
Total noncurrent assets: | 2,028 | 1,054 | 1,103 | 1,107 | 974 | 999 | |||
Other undisclosed assets | 87,831 | 98,831 | 120,068 | 130,921 | 144,588 | 150,116 | |||
TOTAL ASSETS: | 99,363 | 127,965 | 143,093 | 158,021 | 155,439 | 161,022 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Noncurrent Liabilities | |||||||||
Other undisclosed liabilities | 84,737 | 113,454 | 130,185 | 146,950 | 145,908 | 151,593 | |||
Total liabilities: | 84,737 | 113,454 | 130,185 | 146,950 | 145,908 | 151,593 | |||
Equity | |||||||||
Equity, attributable to parent | 14,626 | 14,511 | 12,908 | 11,071 | 9,531 | 9,429 | |||
Preferred stock | 11,715 | 11,715 | 11,715 | 11,715 | 11,715 | 11,715 | |||
Common stock | 1,509 | 1,509 | 1,509 | 1,509 | 1,509 | 1,509 | |||
Retained earnings (accumulated deficit) | 1,402 | 1,287 | (316) | (2,153) | (3,693) | (3,795) | |||
Other undisclosed equity, attributable to parent | |||||||||
Total equity: | 14,626 | 14,511 | 12,908 | 11,071 | 9,531 | 9,429 | |||
TOTAL LIABILITIES AND EQUITY: | 99,363 | 127,965 | 143,093 | 158,021 | 155,439 | 161,022 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Revenues | 6,890 | 8,243 | 9,388 | 11,715 | 10,652 | 10,654 | ||
Net investment income | 5,835 | 7,041 | 8,343 | 10,155 | 9,208 | 9,471 | ||
Revenues, excluding interest and dividends | 1,055 | |||||||
Cost of revenue | (122) | (188) | (666) | (557) | ||||
Cost of goods and services sold | (295) | |||||||
Provision for loan, lease, and other losses | (122) | (188) | (666) | ✕ | ||||
Financial services costs | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (262) | |
Gross profit: | 6,890 | 8,121 | 9,200 | 11,715 | 9,986 | 10,097 | ||
Operating expenses | (1,589) | (1,584) | (1,548) | (1,645) | (1,487) | (3,897) | ||
Operating income: | 5,301 | 6,537 | 7,652 | 10,070 | 8,499 | 6,200 | ||
Interest and debt expense | (832) | (1,330) | (2,055) | (5,063) | (4,836) | (4,588) | ||
Other undisclosed loss from continuing operations before equity method investments, income taxes | (3,461) | (2,987) | (3,166) | (651) | ||||
Income (loss) from continuing operations before equity method investments, income taxes: | 4,469 | 5,207 | 2,136 | 2,020 | 497 | 961 | ||
Income from equity method investments | 4 | |||||||
Other undisclosed income (loss) from continuing operations before income taxes | (3,822) | (3,337) | ||||||
Income from continuing operations before income taxes: | 647 | 1,870 | 2,136 | 2,020 | 497 | 965 | ||
Income tax expense | (20) | (20) | (20) | (19) | (20) | (24) | ||
Income from continuing operations: | 627 | 1,850 | 2,116 | 2,001 | 477 | 941 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | 1,850 | 2,116 | 2,001 | 477 | 941 | |
Net income: | 627 | 1,850 | 2,116 | 2,001 | 477 | 941 | ||
Other undisclosed net loss attributable to parent | (4) | |||||||
Net income available to common stockholders, diluted: | 627 | 1,850 | 2,116 | 2,001 | 477 | 937 |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Net income: | 627 | 1,850 | 2,116 | 2,001 | 477 | 941 | ||
Comprehensive income, net of tax, attributable to parent: | 627 | 1,850 | 2,116 | 2,001 | 477 | 941 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.