Paducah Ministries 1 Inc
Only null% goes to programs Strong reserves
Paducah Ministries 1 Inc is a 501(c)(3) organization based in Denver, Colorado, registered in 2016, with $659,463 in FY2024 revenue. CharityIndex grades it F.
1600 Broadway Ste 2000, Denver, CO, 80202 EIN 47-5203278 Since 2016
Revenue (FY2024)
$659K
▲ 6.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.4M
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Paducah Ministries 1 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating14 mo reserves · -120% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Paducah Ministries 1 Inc: 14 mo reserves · -120% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Paducah Ministries 1 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Paducah Ministries 1 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1600 Broadway Ste 2000, Denver, CO, 80202
- City
- Denver
- State
- Colorado
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue declined from $2.6M (FY2015) to $659K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $899KNet assets $1.7M
Operating margin
-119.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$899K
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $659,463▲6.0% | $1,447,725▲142% | $1,741,934▼31.7% | $2,640,665▼21.0% | 990 |
| 2023 | $622,154▲2.8% | $598,103▼0.7% | $2,549,932▲0.5% | $3,343,774▼2.4% | 990 |
| 2022 | $605,490▲2.3% | $602,161▲7.3% | $2,537,405▲0.1% | $3,425,672▼2.1% | 990 |
| 2021 | $591,773▼3.5% | $561,235▼1.2% | $2,534,681▲1.2% | $3,500,903▼1.7% | 990 |
| 2020 | $613,359▲11.4% | $567,978▲6.6% | $2,504,143▲1.8% | $3,562,536▼0.4% | 990 |
| 2019 | $550,505▼4.7% | $533,014▼10.3% | $2,458,762▲0.7% | $3,575,414▼1.9% | 990 |
| 2018 | $577,764▲11.0% | $594,130▲15.7% | $2,441,271▼0.7% | $3,644,985▼2.0% | 990 |
| 2017 | $520,344▼79.8% | $513,629▲342% | $2,457,637▲0.1% | $3,719,111▼2.4% | 990 |
| 2015 | $2,571,438 | $116,184 | $2,455,254 | $3,809,374 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $129K total
3 grants to Paducah Ministries 1 Inc totaling $129K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mercy Housing California | Low-income housing | 2020 | $51,559 |
| Mercy Housing California | Low-income housing | 2018 | $38,929 |
| Mercy Housing California | Low-income housing | 2018 | $38,929 |
Similar organizations in Housing
Housing
Countrywood Housing Corporation
Denver, CO
$662K
Dannual revenue
- Housing
Denver Community Ventures
Denver, CO
$655K
C+annual revenue
- Housing
Cornerstone Folsom Gardens Corporation I
Denver, CO
$653K
C+annual revenue
Housing
Colorado Association of Realtors Foundation
Englewood, CO
$672K
Bannual revenue
Housing
Colorado Safe Parking Initiative
Denver, CO
$672K
Bannual revenue
- Housing
United Neighbors Vecinos Unidos
Fort Collins, CO
$646K
Cannual revenue
Mercy Bond Properties Colorado I
Denver, CO
$681K
Bannual revenue
- Housing
Belmont Housing Associates Inc
Denver, CO
$635K
Fannual revenue
Housing
Mapleton Home Association
Boulder, CO
$692K
Bannual revenue
Russell Manor
Denver, CO
$693K
C+annual revenue
Compare Paducah Ministries 1 Inc
Frequently asked questions
- Is Paducah Ministries 1 Inc a legitimate nonprofit?
- Yes. Paducah Ministries 1 Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-5203278, based in Denver, Colorado. Donations are tax-deductible.
- What is Paducah Ministries 1 Inc's EIN?
- Paducah Ministries 1 Inc's Employer Identification Number (EIN) is 47-5203278.
- How much revenue does Paducah Ministries 1 Inc report?
- Paducah Ministries 1 Inc reported $659,463 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Paducah Ministries 1 Inc have?
- CharityIndex grades Paducah Ministries 1 Inc F, based on financial health (reserves and operating margin).
More nonprofits in Denver
Explore more
Data for Paducah Ministries 1 Inc (EIN 47-5203278) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.