Book Template Abbreviated rev 020723 v5 - Flipbook - Page 11
summarized financial activity
Thriving United Inc. began serving people in 2019 with a staff of 2 and has grown its
operations to 30 employees who are dedicated to providing recovery services for residents
of the Permian Basin. Each year of the summarized financial activity below has been issued
unqualified audit opinions by Fort Worth based Sproles, Woodard LLP.
ASSETS
Cash
Accounts Receivable
Grants Receivable
Prepaid
Notes Receivable
Property and Equip. (net)
LIABS. AND NET ASSETS
Accounts Payable
Notes Payable
Net Assets
REVENUES
Contributions & Grants
In-Kind Contributions
Program Fees
EXPENDITURES
Program Services
Residential
Community Center
Management & General
Marketing
CHANGE IN NET ASSETS
06/30/2022*
12/31/2021
12/31/2020
2022
2021
2020
$729,756
$1,494
$129,619
$5,000
$34,533
$2,669,816
$3,570,218
$58,663
$951
$105,439
$3,000
$34,533
$179,185
$381,771
$38,540
$1,133
$42,373
$29,654
$3,024,340
$3,053,994
$516,224
$3,570,218
$19,365
$1,487
$19,365
$362,406
$381,771
$1,487
$40,886
$42,373
$2,016,726
$90,000
$19,585
$2,126,311
$2,495,940
$279,885
$16,361
$2,792,186
$876,628
$140,000
$11,126
$1,027,754
$355,466
$1,205,810
$1,561,276
$343,287
$67,930
$1,972,493
$153,818
$590,645
$1,322,046
$1,912,691
$496,771
$61,204
2,470,666
$321,520
$238,292
$564,129
$802,421
$166,870
$17,577
986,868
$40,886
$2,700
*Fiscal year changed to July 1 - June 30
10 | thriving united
501(c)(3)
201 E. Illinois Ave.
Midland, Texas 79701
Phone: (432) 701-8678
thrivingunited.org