XReligion-RelatedEIN: 386005498· Ruling Year: 1946

Gull Lake Ministries

Hickory Crnrs, Michigan

AHealth Score
90A

Financial Health Score

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

Excellent

💰
$5.2M
Total Revenue
📊
$4.2M
Total Expenses
🏦
$29.6M
Net Assets
📋
$1.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.6%
Year-over-year change (2022 → 2023)
Net Margin
+20.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.10
Net assets divided by total expenses
Liabilities-to-Assets
3.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,245,5864%$4,163,04227%$30,575,8226%
2022$5,063,55916%$3,290,0799%$28,743,9182%
2021$4,364,14119%$3,006,0024%$28,111,6057%
2020$3,665,3571%$2,899,2645%$26,237,5954%
2019$3,713,79715%$3,064,7713%$25,244,7425%
2018$3,227,68413%$2,980,77611%$24,148,027
2017$2,862,9174%$2,694,6702%$24,090,3143%
2016$2,983,47217%$2,647,59820%$23,359,3772%
2014$3,587,0079%$2,201,8702%$22,884,4937%
2013$3,289,53710%$2,156,2086%$21,425,6488%
2012$2,978,53643%$2,037,1262%$19,854,5727%
2011$2,079,684$2,082,347$18,620,930

Frequently Asked Questions

What does Gull Lake Ministries do?

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

Is Gull Lake Ministries financially healthy?

Based on our 9-metric Financial Health Score model, Gull Lake Ministries has a score of 90/100 (Grade: A). 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 Gull Lake Ministries generate?

Gull Lake Ministries reports $6.6M in annual revenue and holds $32.9M in total assets, based on IRS filings.

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