Turning Around Ministries Inc
Newport, Rhode Island
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$177K
Total Revenue
📊
$150K
Total Expenses
🏦
$85K
Net Assets
📋
$2K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+42.5%
Year-over-year change (2023 → 2024)
Net Margin
+15.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.57
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $177,423↑42% | $149,884↑46% | $87,301↑46% | |
| 2023 | $124,523↑114% | $102,767↑73% | $59,802↑68% | — |
| 2022 | $58,061↓2% | $59,391↓35% | $35,693↓2% | — |
| 2021 | $59,088↓29% | $90,844↑156% | $36,313↓47% | — |
| 2020 | $83,640↑132% | $35,451↑7% | $68,069↑243% | — |
| 2019 | $36,086↑11% | $33,200↑3% | $19,862↑16% | — |
| 2018 | $32,519↓30% | $32,376↓14% | $17,158↑1% | — |
| 2017 | $46,349↑22% | $37,616↓14% | $17,015↑124% | — |
| 2016 | $38,107↑27% | $43,592↑52% | $7,592↓42% | — |
| 2015 | $30,025↓11% | $28,613↓46% | $13,077↑66% | — |
| 2014 | $33,832↓50% | $53,149↑6% | $7,875↓64% | — |
| 2013 | $67,187↑108% | $50,233↑42% | $21,973↑116% | — |
| 2012 | $32,314↓2% | $35,294↑16% | $10,190↓23% | — |
| 2011 | $33,058 | $30,311 | $13,169 | — |
Frequently Asked Questions
What does Turning Around Ministries Inc do?▼
Turning Around Ministries Inc is a crime & legal-related nonprofit organization based in Rhode Island. It is classified under NTEE code I40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Turning Around Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Turning Around Ministries Inc.
How much revenue does Turning Around Ministries Inc generate?▼
Turning Around Ministries Inc reports $152K in annual revenue and holds $61K in total assets, based on IRS filings.
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