KFood, Agriculture & NutritionEIN: 810614816· Ruling Year: 2003

Heart Ministry Center Inc

Omaha, Nebraska

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$10.7M
Total Revenue
📊
$11.3M
Total Expenses
🏦
$7.1M
Net Assets
📋
$399K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+28.8%
Year-over-year change (2022 → 2023)
Net Margin
-5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.63
Net assets divided by total expenses
Liabilities-to-Assets
5.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,739,36829%$11,274,42335%$7,487,486
2022$8,339,55224%$8,332,55323%$7,524,0495%
2021$11,028,00733%$10,760,22169%$7,951,9203%
2020$8,273,87280%$6,374,731226%$7,688,74685%
2019$4,590,461343%$1,956,98360%$4,165,879171%
2018$1,036,98822%$1,225,64413%$1,535,01211%
2017$1,325,1369%$1,084,44211%$1,718,31017%
2016$1,213,9236%$1,223,61013%$1,472,020
2015$1,150,14116%$1,079,13541%$1,475,3855%
2014$993,58635%$765,58651%$1,406,50520%
2013$735,83634%$508,17973%$1,171,21624%
2012$547,273105%$293,0852%$942,43937%
2011$266,671$286,672$685,951

Frequently Asked Questions

What does Heart Ministry Center Inc do?

Heart Ministry Center Inc is a food, agriculture & nutrition nonprofit organization based in Nebraska. It is classified under NTEE code K31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heart Ministry Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Heart Ministry Center Inc has a score of 69/100 (Grade: B+). 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 Heart Ministry Center Inc generate?

Heart Ministry Center Inc reports $13.5M in annual revenue and holds $15.1M in total assets, based on IRS filings.

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