XReligion-RelatedEIN: 954586110· Ruling Year: 1997

Stream Of Praise Music Ministries

Tustin, California

B+Health Score
73B+

Financial Health Score

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

Good

💰
$2.8M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$4.0M
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.1%
Year-over-year change (2022 → 2023)
Net Margin
+13.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.63
Net assets divided by total expenses
Liabilities-to-Assets
43.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,812,74921%$2,435,55119%$6,967,1722%
2022$2,322,41423%$2,038,99924%$6,853,1159%
2021$3,001,97189%$1,648,4998%$6,260,28295%
2020$1,584,27914%$1,533,4169%$3,211,1845%
2019$1,832,26618%$1,692,00520%$3,049,3304%
2018$1,549,85612%$1,405,141$2,930,8374%
2017$1,751,72923%$1,407,0427%$2,811,75523%
2016$1,429,3792%$1,516,4168%$2,291,7354%
2015$1,405,6743%$1,408,2463%$2,379,4981%
2014$1,362,1271%$1,363,2846%$2,392,630
2013$1,349,3048%$1,287,8087%$2,389,9911%
2012$1,251,1924%$1,382,33213%$2,368,5335%
2011$1,298,205$1,223,128$2,493,355

Frequently Asked Questions

What does Stream Of Praise Music Ministries do?

Stream Of Praise Music Ministries 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 Stream Of Praise Music Ministries financially healthy?

Based on our 9-metric Financial Health Score model, Stream Of Praise Music Ministries has a score of 73/100 (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 Stream Of Praise Music Ministries generate?

Stream Of Praise Music Ministries reports $2.5M in annual revenue and holds $6.9M in total assets, based on IRS filings.

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