New Life Ministries Inc
Olathe, Kansas
B+Health Score
69B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$290K
Total Revenue
📊
$245K
Total Expenses
🏦
$385K
Net Assets
📋
$234K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-35.4%
Year-over-year change (2022 → 2023)
Net Margin
+15.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.57
Net assets divided by total expenses
Liabilities-to-Assets
37.8%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $289,792↓35% | $245,236↓18% | $619,302↑2% | — |
| 2022 | $448,718↑128% | $298,971↑71% | $605,499↑44% | — |
| 2021 | $196,899 | $175,173 | $421,874 | — |
Frequently Asked Questions
What does New Life Ministries Inc do?▼
New Life Ministries Inc is a religion-related nonprofit organization based in Kansas. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Life Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Life Ministries Inc.
How much revenue does New Life Ministries Inc generate?▼
New Life Ministries Inc reports $260K in annual revenue and holds $614K in total assets, based on IRS filings.
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