XReligion-RelatedEIN: 581449159· Ruling Year: 1982

New Song Ministries Inc

Ball Ground, Georgia

B-Health Score
48B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 7 peers in Religion-Related with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.04×
Peer Median5.89×
💰
$14.5M
Total Revenue
📊
$14.1M
Total Expenses
🏦
$496K
Net Assets
📋
$832K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+580.7%
Year-over-year change (2021 → 2022)
Net Margin
+2.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.04
Net assets divided by total expenses
Liabilities-to-Assets
62.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$14,502,433581%$14,075,827209%$1,328,68047%
2021$2,130,50684%$4,550,23966%$902,46618%
2020$12,982,57417%$13,323,51719%$1,105,2622%
2019$15,548,98411%$16,355,82314%$1,084,12542%
2018$17,504,6604%$18,986,6778%$1,858,18050%
2017$18,205,20411%$20,659,7082%$3,737,31447%
2016$20,503,4106%$20,292,6975%$7,028,55112%
2015$21,858,68712%$19,277,5595%$6,264,50021%
2014$19,452,51513%$18,387,23919%$5,188,71422%
2013$17,286,5438%$15,509,4051%$4,259,605112%
2012$16,079,13411%$15,708,9377%$2,008,24652%
2011$14,457,275$14,721,921$1,317,410

Frequently Asked Questions

What does New Song Ministries Inc do?

New Song Ministries Inc is a religion-related nonprofit organization based in Georgia. It is classified under NTEE code X800 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Song Ministries Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Song Ministries Inc has a score of 48/100 (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 New Song Ministries Inc generate?

New Song Ministries Inc reports $18.7M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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New Song Ministries Inc — Ball Ground, GA | GiveScope