242 Network
Coldwater, Mississippi
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$292K
Total Revenue
📊
$247K
Total Expenses
🏦
$138K
Net Assets
📋
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+29.4%
Year-over-year change (2022 → 2023)
Net Margin
+15.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.56
Net assets divided by total expenses
Liabilities-to-Assets
3.1%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $291,504↑29% | $247,068↑38% | $142,826↑50% | |
| 2022 | $225,231↑76% | $178,492↑34% | $95,118↑97% | — |
| 2021 | $127,850 | $133,059 | $48,165 | — |
Frequently Asked Questions
What does 242 Network do?▼
242 Network is a religion-related nonprofit organization based in Mississippi. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is 242 Network financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for 242 Network.
How much revenue does 242 Network generate?▼
242 Network reports $290K in annual revenue and holds $173K in total assets, based on IRS filings.
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