American Church Mortgage Co (ACMC) financial statements (2020 and earlier)

Company profile

Business Address 10237 YELLOW CIRCLE DRIVE
MINNEAPOLIS, MN 55343
State of Incorp. MN
Fiscal Year End December 31
SIC 65 - Real Estate (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments123      
Cash and cash equivalents121      
Short-term investments2      
Receivables(1,645)(1,236)(991)437(843)420223
Prepaid expense237312067
Deferred costs865      
Other undisclosed current assets 6,2663,4464,1806,8005,5714,705
Total current assets:(633)5,0382,4574,6195,9775,9974,934
Noncurrent Assets
Long-term investments and receivables(1,645)1,5001,3401,2701,1471,131924
Accounts and financing receivable, after allowance for credit loss(1,645)1,5001,3401,2701,1471,131924
Other undisclosed noncurrent assets 33,48634,88833,67833,52233,58133,348
Total noncurrent assets:(1,645)34,98636,22834,94834,66934,71234,272
Other undisclosed assets41,524      
TOTAL ASSETS:39,24640,02438,68539,56740,64640,70939,207
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities18974717413815519022
Accounts payable216055737292222
Interest and dividends payable168143117101126168 
Debt 4,1054,1162,8033,1202,3401,876
Other undisclosed current liabilities      168
Total current liabilities:1894,8524,2902,9413,2752,5302,065
Noncurrent Liabilities
Other undisclosed noncurrent liabilities 24,39523,20725,12125,12625,46823,881
Total noncurrent liabilities: 24,39523,20725,12125,12625,46823,881
Other undisclosed liabilities28,647      
Total liabilities:28,83629,24727,49728,06228,40127,99825,946
Stockholders' equity
Stockholders' equity attributable to parent10,41010,77711,18711,50512,24512,71113,261
Common stock17171717171717
Additional paid in capital19,11319,11319,11319,11319,11319,11319,113
Accumulated deficit(8,720)(8,354)(7,943)(7,625)(6,885)(6,419)(5,870)
Total stockholders' equity:10,41010,77711,18711,50512,24512,71113,261
TOTAL LIABILITIES AND EQUITY:39,24640,02438,68539,56740,64640,70939,207

Income statement (P&L) ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2,6582,6892,7672,6982,9402,792 
Net investment income2,6582,6892,7672,6982,9362,782 
Cost of revenue(200)  (258)  (849)
Provision for loan, lease, and other losses(200) 
Financial services costs (258)  (849)
Gross profit:2,4582,6892,7672,4402,9402,792(849)
Operating expenses(596)(514)(616)(676)(1,089)(716)(952)
Other undisclosed operating income (loss)(1,106) (1,999)(2,102)(1,893)(2,014)2,165
Operating income (loss):7572,175152(337)(42)62364
Interest and debt expense(1,849)(1,971)(1,914)(2,025)(1,997)(1,822)(1,848)
Net income (loss):(1,092)204(1,761)(2,362)(2,040)(1,761)(1,484)
Other undisclosed net income (loss) attributable to parent1,041(254)1,9142,0252,0011,8321,851
Net income (loss) available to common stockholders, diluted:(52)(50)152(337)(38)71367

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(1,092)204(1,761)(2,362)(2,040)(1,761)(1,484)
Comprehensive income (loss), net of tax, attributable to parent:(1,092)204(1,761)(2,362)(2,040)(1,761)(1,484)

Statements sources

The financial statements are based on the company's filings with the 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.

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