Believes Ministries
Santa Rsa Bch, Florida
BHealth Score
58B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$712K
Total Revenue
📊
$722K
Total Expenses
🏦
$97K
Net Assets
📋
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+112.3%
Year-over-year change (2021 → 2023)
Net Margin
-1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.13
Net assets divided by total expenses
Liabilities-to-Assets
3.9%
Total liabilities as % of total assets
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $711,567↑112% | $722,041↑179% | $100,535↓36% | |
| 2021 | $335,095↑65% | $258,648↑15% | $156,600↑182% | — |
| 2020 | $203,599↓46% | $224,790↓46% | $55,630↓20% | — |
| 2019 | $376,616↑28% | $419,879↑83% | $69,366↓39% | — |
| 2018 | $295,015↓15% | $228,938↓41% | $114,247↑148% | — |
| 2017 | $347,917↑43% | $387,134↑68% | $46,007↓46% | — |
| 2016 | $243,034 | $230,661↓9% | $85,224↑17% | — |
| 2015 | $244,246↑66% | $253,335↑164% | $72,851↓22% | — |
| 2014 | $147,437↑194% | $96,049↓13% | $93,726↑207% | — |
| 2013 | $50,069 | $110,341 | $30,552 | — |
Frequently Asked Questions
What does Believes Ministries do?▼
Believes Ministries is a religion-related nonprofit organization based in Florida. It is classified under NTEE code X99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Believes Ministries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Believes Ministries.
How much revenue does Believes Ministries generate?▼
Believes Ministries reports $1.4M in annual revenue and holds $519K in total assets, based on IRS filings.
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