X โ€” Religion-RelatedEIN: 871779649ยท Ruling Year: 2021

Morrell Ministries

Covington, Georgia

BHealth Score
56B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$145K
Total Revenue
๐Ÿ“Š
$93K
Total Expenses
๐Ÿฆ
$476K
Net Assets
๐Ÿ“‹
$20K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-71.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+35.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.11
Net assets divided by total expenses
Liabilities-to-Assets
4.1%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$145,000โ†“71%$93,210โ†“76%$496,558โ†‘13%
2022$500,064โ†‘150%$384,817โ†‘263%$438,697โ†‘33%
2021$200,000$105,959$330,163

Frequently Asked Questions

What does Morrell Ministries do?โ–ผ

Morrell Ministries is a religion-related nonprofit organization based in Georgia. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Morrell Ministries financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Morrell Ministries.

How much revenue does Morrell Ministries generate?โ–ผ

Morrell Ministries reports $203K in annual revenue and holds $423K in total assets, based on IRS filings.

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Morrell Ministries โ€” Covington, GA | GiveScope