Innovative Faith Ministries
Morton, Illinois
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
โ 3-point penalty for stale filing data
๐ฐ
$60K
Total Revenue
๐
$60K
Total Expenses
๐ฆ
$12K
Net Assets
๐
$750
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-0.4%
Year-over-year change (2020 โ 2021)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
6.0%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2021 | $60,102 | $59,896โ17% | $12,567โ2% | โ |
| 2020 | $60,334โ12% | $51,067โ2% | $12,361โ427% | โ |
| 2019 | $53,802โ131% | $51,866โ127% | $2,344โ475% | โ |
| 2018 | $23,276 | $22,868 | $408 | โ |
Frequently Asked Questions
What does Innovative Faith Ministries do?โผ
Innovative Faith Ministries is a religion-related nonprofit organization based in Illinois. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Innovative Faith Ministries financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Innovative Faith Ministries.
How much revenue does Innovative Faith Ministries generate?โผ
Innovative Faith Ministries reports $66K in annual revenue and holds $5K in total assets, based on IRS filings.
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