HEAVEN BOUND MINISTRIES INC

EIN: 200597787 501(c)(3) Religion

ASHEBORO, NC

Total Revenue
$10,944
Total Expenses
$8,318
Total Assets
$21,509
Net Assets
$21,509
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NC
Principal Officer
HERMAN K MCDOWELL JR
Phone
3366254567
Tax Period
2025-01-01 to 2025-12-31

HEAVEN BOUND MINISTRIES INC, founded in 2003, is a micro nonprofit in the Religion sector that reported $11K in total revenue in fiscal year 2025. The organization ran a surplus of $3K, a strong 24% operating margin.

Mission

RELIGIOUS AND CHARITABLE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $10,944
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,944

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,318
Other Expenses $8,318
TOTAL EXPENSES $8,318

Year-over-Year Comparison

2025 2024 Change
Revenue $10,944 $11,394 0.0%
Expenses $8,318 $9,516 -0.1%
Net Income $2,626 $1,878 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOWANDA W MCDOWELL DIR/SECRETARY & TREASURER 1.00
Officer Director
$0 $0 $0
HERMAN K MCDOWELL JR DIRECTOR/PRESIDENT 2.00
Officer Director
$0 $0 $0
LINDA PALMER DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $10,944 $8,318 $21,509 $2,626
2024 $11,394 $9,516 $18,883 $1,878
2023 $9,550 $14,949 $17,005 $-5,399
2022 $1,150 $12,842 $22,404 $-11,692
2021 $18,750 $18,728 $34,096 $22
2020 $7,200 $6,064 $34,074 $1,136
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HEAVEN BOUND MINISTRIES INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.