Advance Ministries Inc
Lk Havasu Cty, Arizona
B-Health Score
52B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$800K
Total Revenue
📊
$767K
Total Expenses
🏦
-$459K
Net Assets
📋
$1.0M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-9.9%
Year-over-year change (2022 → 2023)
Net Margin
+4.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.60
Net assets divided by total expenses
Liabilities-to-Assets
182.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $799,760↓10% | $767,353↓5% | $556,199↑65% | — |
| 2022 | $887,892↑14% | $811,140↑17% | $337,586↑33% | — |
| 2021 | $777,532↑9% | $694,269↑1% | $253,895↑27% | — |
| 2020 | $713,046↑21% | $689,779↑25% | $199,721↑35% | — |
| 2019 | $591,370↑6% | $552,268↑4% | $148,283↓6% | — |
| 2018 | $557,571↑1% | $530,519↑2% | $157,496↓16% | — |
| 2017 | $553,680↓22% | $518,438↓12% | $187,874↓3% | — |
| 2016 | $713,602↑31% | $586,805↑22% | $192,743↑31% | — |
| 2015 | $542,958↓3% | $480,302↓12% | $147,228↑391% | — |
| 2014 | $558,813↑14% | $547,091↑18% | $30,014↓72% | — |
| 2013 | $489,531↓6% | $463,415↓4% | $106,236↑62% | — |
| 2012 | $520,543↑18% | $482,869↑12% | $65,444↓20% | — |
| 2011 | $440,244 | $431,723 | $81,647 | — |
Frequently Asked Questions
What does Advance Ministries Inc do?▼
Advance Ministries Inc is a religion-related nonprofit organization based in Arizona. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Advance Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Advance Ministries Inc.
How much revenue does Advance Ministries Inc generate?▼
Advance Ministries Inc reports $925K in annual revenue and holds $522K in total assets, based on IRS filings.
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