PADUCAH MINISTRIES I INC (EIN 475203278) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

MELISSA CLAYTON

Phone

3038303300

Tax Period

2023-01-01 to 2023-12-31

PADUCAH MINISTRIES I INC, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $622K in total revenue in fiscal year 2023. Expenses of $598K left a modest 4% surplus.

Mission

ESTABLISHING, OWNING AND OPERATING A 76-UNIT COMMUNITY LOCATED IN PADUCAH, KY TO PROVIDE LOW-INCOME HOUSING AND RELATED SERVICES TO LOW AND MODERATE INCOME PERSONS

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $527,439

Program Service Revenue $88,202

Investment Income $246

Other Revenue $6,267

TOTAL REVENUE $622,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $532,675

Other Expenses $598,103

TOTAL EXPENSES $598,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$622,154	$605,490	+0.0%
Expenses	$598,103	$602,161	0.0%
Net Income	$24,051	$3,329	+6.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

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

$1,003,732

Total Directors

$704,744

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE ROSENBLUM	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$10,201	$232,549
KASSIDI BOENING	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$28,632	$172,676
MELISSA CLAYTON	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$33,798	$299,519
CHAD PAYNE	TREASURER	1.00	Officer	$0	$8,496	$200,685
BRUCE SAAB	VICE PRESIDENT (UNTIL 10/23)	1.00	Officer	$0	$13,324	$98,303

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
2024	No data	No data	No data	No data
2023	$622,154	$598,103	$3,343,774	$24,051
2022	$605,490	$602,161	$3,425,672	$3,329
2021	$591,773	$561,235	$3,500,903	$30,538
2020	$613,359	$567,978	$3,562,536	$45,381
2019	$550,505	$533,014	$3,575,414	$17,491
2018	$577,764	$594,130	$3,644,985	$-16,366

PADUCAH MINISTRIES I INC