Summit Lake Bible Conference Inc
Wake Forest, North Carolina
CHealth Score
38C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$516K
Total Revenue
📊
$700K
Total Expenses
🏦
$347K
Net Assets
📋
$495K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-1.8%
Year-over-year change (2022 → 2023)
Net Margin
-35.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.50
Net assets divided by total expenses
Liabilities-to-Assets
58.7%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $515,827↓2% | $700,277↓83% | $842,004↓8% | — |
| 2022 | $525,037↑77% | $4,192,994↑544% | $913,299↓81% | — |
| 2021 | $296,673↑89% | $651,458↑34% | $4,808,097↓1% | — |
| 2020 | $156,830↓80% | $487,599↓52% | $4,838,682↓2% | — |
| 2019 | $793,458↓4% | $1,006,805↑15% | $4,925,880↓6% | — |
| 2018 | $825,047↑8% | $873,110↑5% | $5,241,622↓1% | — |
| 2017 | $763,047↓24% | $833,863↓15% | $5,304,588 | — |
| 2016 | $1,008,254↑11% | $977,785↑6% | $5,329,594↑1% | — |
| 2015 | $909,792↓5% | $921,862↓4% | $5,259,182 | — |
| 2014 | $958,526↓4% | $960,090↓4% | $5,250,284↓1% | — |
| 2013 | $1,002,811↑11% | $998,394↑8% | $5,286,804↓1% | — |
| 2012 | $907,255↓22% | $928,464↓12% | $5,327,460 | — |
| 2011 | $1,162,486 | $1,052,668 | $5,351,826 | — |
Frequently Asked Questions
What does Summit Lake Bible Conference Inc do?▼
Summit Lake Bible Conference Inc is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Summit Lake Bible Conference Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Summit Lake Bible Conference Inc.
How much revenue does Summit Lake Bible Conference Inc generate?▼
Summit Lake Bible Conference Inc reports $1.2M in annual revenue and holds $935K in total assets, based on IRS filings.
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