X โ€” Religion-RelatedEIN: 260631330ยท Ruling Year: 2008

Forever Ministries Inc

Breaux Bridge, Louisiana

B-Health Score
48B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$24K
Total Revenue
๐Ÿ“Š
$30K
Total Expenses
๐Ÿฆ
$42K
Net Assets
๐Ÿ“‹
$161
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-47.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-25.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.39
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$24,053โ†“48%$30,269โ†‘101%$42,140โ†“13%
2022$45,932โ†‘129%$15,034โ†“30%$48,470โ†‘177%
2021$20,092โ†“28%$21,538โ†“26%$17,492โ†“11%
2020$27,838โ†‘12%$29,294โ†‘57%$19,553โ†“4%
2019$24,910โ†‘48%$18,600โ†‘20%$20,396โ†‘37%
2018$16,885โ†“62%$15,479โ†“50%$14,883โ†‘17%
2017$44,784โ†‘188%$31,251โ†‘25%$12,721โ†‘6390%
2016$15,526โ†“40%$25,039โ†“9%$196โ†“98%
2015$25,890โ†‘4%$27,387โ†‘42%$8,463โ†“15%
2014$24,960โ†‘41%$19,302โ†‘2%$9,960โ†‘106%
2013$17,724โ†“30%$18,843โ†“29%$4,824โ†“21%
2012$25,469โ†“8%$26,466โ†“10%$6,077โ†“28%
2011$27,809$29,524$8,437

Frequently Asked Questions

What does Forever Ministries Inc do?โ–ผ

Forever Ministries Inc is a religion-related nonprofit organization based in Louisiana. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Forever Ministries Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Forever Ministries Inc.

How much revenue does Forever Ministries Inc generate?โ–ผ

Forever Ministries Inc reports $14K in annual revenue and holds $38K in total assets, based on IRS filings.

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Forever Ministries Inc โ€” Breaux Bridge, LA | GiveScope