Forgiven Ministry Inc
Taylorsville, North Carolina
B-Health Score
51B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$327K
Total Revenue
๐
$419K
Total Expenses
๐ฆ
$696K
Net Assets
๐
$12K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+16.1%
Year-over-year change (2022 โ 2023)
Net Margin
-28.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.66
Net assets divided by total expenses
Liabilities-to-Assets
1.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $327,084โ16% | $419,242โ17% | $708,570โ8% | |
| 2022 | $281,821โ32% | $356,973โ32% | $656,676โ3% | โ |
| 2021 | $214,040 | $271,435โ11% | $679,132โ13% | โ |
| 2020 | $213,893โ58% | $244,103โ46% | $601,725โ26% | โ |
| 2019 | $513,141โ11% | $454,386โ2% | $478,230โ9% | โ |
| 2018 | $463,477โ15% | $463,732โ14% | $524,684โ1% | โ |
| 2017 | $402,305โ5% | $406,217โ10% | $520,820โ8% | โ |
| 2016 | $423,627โ49% | $369,616โ6% | $484,152โ7% | โ |
| 2015 | $283,892โ10% | $347,392โ9% | $453,042โ8% | โ |
| 2014 | $314,238โ1% | $318,579โ12% | $418,401 | โ |
| 2013 | $318,624โ4% | $283,801โ11% | $420,319โ5% | โ |
| 2012 | $332,514โ42% | $317,589โ21% | $401,854โ3% | โ |
| 2011 | $233,776 | $262,285 | $412,220 | โ |
Frequently Asked Questions
What does Forgiven Ministry Inc do?โผ
Forgiven Ministry Inc is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X19 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forgiven Ministry Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Forgiven Ministry Inc.
How much revenue does Forgiven Ministry Inc generate?โผ
Forgiven Ministry Inc reports $635K in annual revenue and holds $855K in total assets, based on IRS filings.
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