B โ€” EducationEIN: 881778821ยท Ruling Year: 2022

Caribbean Impact Ministries

Caledonia, Michigan

BHealth Score
61B

Financial Health Score

Provisional

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

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

๐Ÿ’ฐ
$3.4M
Total Revenue
๐Ÿ“Š
$117K
Total Expenses
๐Ÿฆ
$3.3M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22453.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+96.5%
Revenue minus expenses as % of revenue

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$3,383,000โ†‘22453%$117,275โ†‘833%$3,307,364โ†‘136174%
2022$15,000$12,573$2,427

Frequently Asked Questions

What does Caribbean Impact Ministries do?โ–ผ

Caribbean Impact Ministries is a education nonprofit organization based in Michigan. It is classified under NTEE code B12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Caribbean Impact Ministries financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Caribbean Impact Ministries has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Caribbean Impact Ministries generate?โ–ผ

Caribbean Impact Ministries reports $2.3M in annual revenue and holds $5.2M in total assets, based on IRS filings.

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Caribbean Impact Ministries โ€” Caledonia, MI | GiveScope