Seek Well Ministries Inc
Northville, Michigan
BHealth Score
60B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$205K
Total Revenue
📊
$216K
Total Expenses
🏦
$106K
Net Assets
📋
$6K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+0.5%
Year-over-year change (2022 → 2023)
Net Margin
-5.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
5.7%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $205,056↑1% | $215,800↑26% | $112,556↓3% | |
| 2022 | $203,947↑10% | $171,103↑70% | $116,104↑30% | — |
| 2021 | $184,763 | $100,705 | $89,237 | — |
Frequently Asked Questions
What does Seek Well Ministries Inc do?▼
Seek Well Ministries Inc is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Seek Well Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Seek Well Ministries Inc.
How much revenue does Seek Well Ministries Inc generate?▼
Seek Well Ministries Inc reports $207K in annual revenue and holds $70K in total assets, based on IRS filings.
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