X โ€” Religion-RelatedEIN: 823464958ยท Ruling Year: 2018

Innovative Faith Ministries

Morton, Illinois

BHealth Score
55B

Financial Health Score

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

Above Average

โš  3-point penalty for stale filing data

๐Ÿ’ฐ
$60K
Total Revenue
๐Ÿ“Š
$60K
Total Expenses
๐Ÿฆ
$12K
Net Assets
๐Ÿ“‹
$750
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.4%
Year-over-year change (2020 โ†’ 2021)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
6.0%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2021$60,102$59,896โ†‘17%$12,567โ†‘2%
2020$60,334โ†‘12%$51,067โ†“2%$12,361โ†‘427%
2019$53,802โ†‘131%$51,866โ†‘127%$2,344โ†‘475%
2018$23,276$22,868$408

Frequently Asked Questions

What does Innovative Faith Ministries do?โ–ผ

Innovative Faith Ministries is a religion-related nonprofit organization based in Illinois. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Innovative Faith Ministries financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Innovative Faith Ministries.

How much revenue does Innovative Faith Ministries generate?โ–ผ

Innovative Faith Ministries reports $66K in annual revenue and holds $5K in total assets, based on IRS filings.

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Innovative Faith Ministries โ€” Morton, IL | GiveScope