Connections Ministry
Mankato, Minnesota
B+Health Score
68B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$512K
Total Revenue
📊
$484K
Total Expenses
🏦
$121K
Net Assets
📋
$19K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+53.2%
Year-over-year change (2022 → 2023)
Net Margin
+5.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.25
Net assets divided by total expenses
Liabilities-to-Assets
13.4%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $511,775↑53% | $483,758↑34% | $140,244↑37% | |
| 2022 | $334,097↑34% | $360,377↑18% | $102,231↓20% | — |
| 2021 | $249,454↑2% | $304,292↑78% | $128,354↓30% | — |
| 2020 | $244,457↑88% | $170,509↑110% | $184,675↑80% | — |
| 2019 | $129,791 | $81,380 | $102,573 | — |
Frequently Asked Questions
What does Connections Ministry do?▼
Connections Ministry is a housing & shelter nonprofit organization based in Minnesota. It is classified under NTEE code L41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Connections Ministry financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Connections Ministry.
How much revenue does Connections Ministry generate?▼
Connections Ministry reports $748K in annual revenue and holds $139K in total assets, based on IRS filings.
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