P โ€” Human ServicesEIN: 861789131ยท Ruling Year: 2024

Melody Cares Inc

Bloomington, Minnesota

FHealth Score
14F

Financial Health Score

Provisional

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

Critical

๐Ÿ’ฐ
$91K
Total Revenue
๐Ÿ“Š
$128K
Total Expenses
๐Ÿฆ
-$37K
Net Assets
๐Ÿ“‹
$37K
Total Liabilities

Financial Health Indicators

Net Margin
-40.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.29
Net assets divided by total expenses
Liabilities-to-Assets
3716000.0%
Total liabilities as % of total assets

Filing History

1 filings on record
YearRevenueExpensesAssets
2023$90,833$127,993$1

Frequently Asked Questions

What does Melody Cares Inc do?โ–ผ

Melody Cares Inc is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Melody Cares Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Melody Cares Inc has a score of 14/100 (Grade: F). 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 Melody Cares Inc generate?โ–ผ

Melody Cares Inc reports $5.5M in annual revenue and holds $1.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Minnesota.

Melody Cares Inc โ€” Bloomington, MN | GiveScope