X โ€” Religion-RelatedEIN: 861229869ยท Ruling Year: 2021

Heart Of Minnesota Ministries

Aitkin, Minnesota

BHealth Score
56B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$16K
Total Revenue
๐Ÿ“Š
$14K
Total Expenses
๐Ÿฆ
$165K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+11.8%
Revenue minus expenses as % of revenue

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$16,276โ†“17%$14,357โ†“2%$164,557โ†‘1%
2022$19,727โ†“88%$14,589โ†‘32%$162,638โ†‘3%
2021$167,868$11,068$157,500

Frequently Asked Questions

What does Heart Of Minnesota Ministries do?โ–ผ

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

Is Heart Of Minnesota Ministries financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Heart Of Minnesota Ministries.

How much revenue does Heart Of Minnesota Ministries generate?โ–ผ

Revenue data for Heart Of Minnesota Ministries is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Heart Of Minnesota Ministries โ€” Aitkin, MN | GiveScope