Grace Apostolic Church Inc
Minnetonka, Minnesota
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
💰
$502K
Total Revenue
📊
$609K
Total Expenses
🏦
-$2.1M
Net Assets
📋
$3.5M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-52.5%
Year-over-year change (2022 → 2023)
Net Margin
-21.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-3.39
Net assets divided by total expenses
Liabilities-to-Assets
241.4%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $502,068↓53% | $609,313↓30% | $1,458,846↓18% | |
| 2022 | $1,057,734↑143% | $871,344↑167% | $1,771,258↓2% | — |
| 2021 | $434,466↑49% | $326,161↑12% | $1,807,649↑42% | — |
| 2020 | $292,423↓17% | $292,423↑7% | $1,276,676↑17% | — |
| 2019 | $353,621↑16% | $274,377↑4% | $1,093,615↑8% | — |
| 2018 | $303,592 | $264,391 | $1,010,363 | — |
Frequently Asked Questions
What does Grace Apostolic Church Inc do?▼
Grace Apostolic Church Inc is a religion-related nonprofit organization based in Minnesota. It is classified under NTEE code X99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Grace Apostolic Church Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Grace Apostolic Church Inc.
How much revenue does Grace Apostolic Church Inc generate?▼
Grace Apostolic Church Inc reports $659K in annual revenue and holds $1.9M in total assets, based on IRS filings.
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