P โ€” Human ServicesEIN: 882099708ยท Ruling Year: 2023

Elevate Community Ministries Inc

Midland, Michigan

BHealth Score
55B

Financial Health Score

Provisional

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

Above Average

๐Ÿ’ฐ
$2.7M
Total Revenue
๐Ÿ“Š
$2.1M
Total Expenses
๐Ÿฆ
$672K
Net Assets
๐Ÿ“‹
$145K
Total Liabilities

Financial Health Indicators

Net Margin
+24.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.33
Net assets divided by total expenses
Liabilities-to-Assets
17.7%
Total liabilities as % of total assets

Filing History

1 filings on record
YearRevenueExpensesAssets
2023$2,727,765$2,055,627$816,638

Frequently Asked Questions

What does Elevate Community Ministries Inc do?โ–ผ

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

Is Elevate Community Ministries Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Elevate Community Ministries Inc has a score of 55/100 (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 Elevate Community Ministries Inc generate?โ–ผ

Elevate Community Ministries Inc reports $2.2M in annual revenue and holds $586K in total assets, based on IRS filings.

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Elevate Community Ministries Inc โ€” Midland, MI | GiveScope