New Creation Life Ministries Inc
Lake Forest, California
BHealth Score
62B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$411K
Total Revenue
๐
$392K
Total Expenses
๐ฆ
$264K
Net Assets
๐
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+37.6%
Year-over-year change (2022 โ 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.67
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $411,201โ38% | $392,229โ54% | $268,015โ9% | โ |
| 2022 | $298,823โ1% | $254,015โ7% | $245,283โ22% | โ |
| 2021 | $301,872โ38% | $236,937โ172% | $200,475โ48% | โ |
| 2020 | $219,380 | $87,075 | $135,335 | โ |
Frequently Asked Questions
What does New Creation Life Ministries Inc do?โผ
New Creation Life Ministries Inc is a religion-related nonprofit organization based in California. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Creation Life Ministries Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Creation Life Ministries Inc.
How much revenue does New Creation Life Ministries Inc generate?โผ
New Creation Life Ministries Inc reports $398K in annual revenue and holds $241K in total assets, based on IRS filings.
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