Good Life Ministries
Catlett, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,626,898โ14% | $1,479,025โ13% | $1,718,341โ9% | โ |
| 2022 | $1,422,223โ2% | $1,314,312โ36% | $1,576,436โ8% | โ |
| 2021 | $1,391,481โ4% | $965,036โ19% | $1,465,368โ36% | โ |
| 2020 | $1,453,673โ53% | $1,188,273โ47% | $1,076,410โ40% | โ |
| 2019 | $949,682โ1% | $805,612โ24% | $770,291โ23% | โ |
| 2018 | $958,078โ40% | $647,493โ46% | $624,146โ99% | โ |
| 2017 | $686,345โ18% | $443,383โ42% | $314,343โ348% | โ |
| 2016 | $833,636 | $765,211 | $70,142โ7014100% | โ |
| 2015 | $0 | $0 | $1 | โ |
Frequently Asked Questions
What does Good Life Ministries do?โผ
Good Life Ministries is a religion-related nonprofit organization based in Virginia. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Good Life Ministries financially healthy?โผ
Based on our 9-metric Financial Health Score model, Good Life Ministries has a score of 82/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Good Life Ministries generate?โผ
Good Life Ministries reports $2.3M in annual revenue and holds $1.8M in total assets, based on IRS filings.
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