Paula Ratchford Ministries
- Assets
- $271.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dearborn, MI
- Founding
- 07/2007
- Data as of
- 12/2022
- EIN
- 20-5115842
Organization Overview
Paula Ratchford Ministries is located in Dearborn, MI. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paula Ratchford Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Paula Ratchford Ministries generated $170.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $162.6k during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Ratchford CEO | 40 | $28,935 | |
Adrian Davis CFO | 2 | $0 | |
Pastor Andrew Jackson Jr Chairman | 1 | $0 | |
Pastor Aaron Campbell Vice Chairman | 1 | $0 | |
Patrice Robinson Human Resources Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,901 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $772 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,673 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $89,648 |
| Professional fees and other payments to independent contractors | $19,929 |
| Occupancy, rent, utilities, and maintenance | $4,400 |
| Printing, publications, postage, and shipping | $7,975 |
| Other expenses | $40,664 |
| Total expenses | $162,616 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $271,255 |
| Other assets | $0 |
| Total assets | $271,255 |
| Total liabilities | $247,650 |
| Net assets or fund balances | $23,605 |