X โ€” Religion-RelatedEIN: 843141780ยท Ruling Year: 2025

Polaris Village Ministries Inc

Easton, Maryland

B+Health Score
68B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$795K
Total Revenue
๐Ÿ“Š
$502K
Total Expenses
๐Ÿฆ
$1.0M
Net Assets
๐Ÿ“‹
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+36.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.01
Net assets divided by total expenses
Liabilities-to-Assets
59.9%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$795,400โ†“14%$501,618โ†‘10%$2,509,155โ†‘46%
2022$926,380โ†‘104%$455,577โ†‘47%$1,718,250โ†‘510%
2021$454,770$310,495$281,860

Frequently Asked Questions

What does Polaris Village Ministries Inc do?โ–ผ

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

Is Polaris Village Ministries Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Polaris Village Ministries Inc has a score of 68/100 (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 Polaris Village Ministries Inc generate?โ–ผ

Polaris Village Ministries Inc reports $2.4M in annual revenue and holds $2.9M in total assets, based on IRS filings.

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Polaris Village Ministries Inc โ€” Easton, MD | GiveScope