Well Ministries
New Prague, Minnesota
BHealth Score
64B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$196K
Total Revenue
📊
$178K
Total Expenses
🏦
$39K
Net Assets
📋
$30K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+63.6%
Year-over-year change (2022 → 2023)
Net Margin
+9.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.22
Net assets divided by total expenses
Liabilities-to-Assets
43.4%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $195,888↑64% | $178,045↑26% | $69,657↑145% | |
| 2022 | $119,769↑82% | $140,899↑116% | $28,381↑1825% | — |
| 2020 | $65,902 | $65,261 | $1,474 | — |
Frequently Asked Questions
What does Well Ministries do?▼
Well Ministries is a youth development nonprofit organization based in Minnesota. It is classified under NTEE code O20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Well Ministries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Well Ministries.
How much revenue does Well Ministries generate?▼
Well Ministries reports $322K in annual revenue and holds $186K in total assets, based on IRS filings.
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