Civic Intelligence

Praise Him Ministries Inc

EIN 03-0410199 • Ridgway, CO

130 Redcliff DriveRidgway, CO 81432
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.03x

Higher debt load relative to assets than 45% of similar nonprofits.

$5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.09x

Higher debt load relative to revenue than 48% of similar nonprofits.

$5M-$10M nonprofits • Source year 2024

Net Margin

28th percentile

-5.4%

Higher net margin than 28% of similar nonprofits.

$5M-$10M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$90,865

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

$5M-$10M nonprofits • Source year 2022

Asset Growth

30th percentile

-1.2%

Faster asset growth than 30% of similar nonprofits.

$5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-0.7%

Faster revenue growth than 33% of similar nonprofits.

$5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$7,581,809

Down $95,393 (-1.2%) from 2023

Liabilities

Up

$263,511

Up $69,758 (+36%) from 2023

Net Assets

Down

$7,318,298

Down $165,151 (-2.2%) from 2023

Operations
Liabilities / Revenue48th percentileNet Margin28th percentile

Revenue

Down

$3,057,438

Down $22,603 (-0.7%) from 2023

Expenses

Up

$3,222,589

Up $80,019 (+2.5%) from 2023

Net Income

Down

-$165,151

Down $102,622 (-164%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,344,626Liabilities 2011: $190,6572011Assets 2012: $4,522,077Liabilities 2012: $102,3792012Assets 2013: $3,427,812Liabilities 2013: $78,1872013Assets 2014: $3,744,883Liabilities 2014: $192,3312014Assets 2015: $3,930,309Liabilities 2015: $121,7322015Assets 2019: $6,999,759Liabilities 2019: $187,3052019Assets 2020: $6,774,308Liabilities 2020: $50,2552020Assets 2021: $6,798,074Liabilities 2021: $158,410Net Assets 2021: $6,639,6642021Assets 2022: $7,754,715Liabilities 2022: $208,737Net Assets 2022: $7,545,9782022Assets 2023: $7,677,202Liabilities 2023: $193,753Net Assets 2023: $7,483,4492023Assets 2024: $7,581,809Liabilities 2024: $263,511Net Assets 2024: $7,318,2982024

Highlighted filing

2024

Assets$7,581,809
Liabilities$263,511
Net Assets$7,318,298
Open 2024 Filing

Operations Trend

Revenue Growth33rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $2,511,103Expenses 2011: $2,295,662Net Income 2011: $215,4412011Revenue 2012: $2,620,976Expenses 2012: $2,355,247Net Income 2012: $265,7292012Revenue 2013: $1,084,400Expenses 2013: $2,154,473Net Income 2013: -$1,070,0732013Revenue 2014: $2,403,778Expenses 2014: $2,200,851Net Income 2014: $202,9272014Revenue 2015: $2,571,761Expenses 2015: $2,315,736Net Income 2015: $256,0252015Revenue 2019: $3,108,043Expenses 2019: $2,228,667Net Income 2019: $879,3762019Revenue 2020: $1,973,134Expenses 2020: $2,061,535Net Income 2020: -$88,4012020Revenue 2021: $1,514,302Expenses 2021: $1,598,691Net Income 2021: -$84,3892021Revenue 2022: $2,537,322Expenses 2022: $1,631,008Net Income 2022: $906,3142022Revenue 2023: $3,080,041Expenses 2023: $3,142,570Net Income 2023: -$62,5292023Revenue 2024: $3,057,438Expenses 2024: $3,222,589Net Income 2024: -$165,1512024

Highlighted filing

2024

Revenue$3,057,438
Expenses$3,222,589
Net Income-$165,151
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,581,809
Liabilities
$263,511
Net assets
$7,318,298
Revenue
$3,057,438
Expenses
$3,222,589
Net income
-$165,151
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.58$0.26$7.32$3.06$3.22$0.17
2023Detailed filing. Detailed filing data is available for this year.$7.68$0.19$7.48$3.08$3.14$0.06
2022Detailed filing. Detailed filing data is available for this year.$7.75$0.21$7.55$2.54$1.63$0.91
2021Detailed filing. Detailed filing data is available for this year.$6.80$0.16$6.64$1.51$1.60$0.08
2020Summary only. Only limited summary data is available for this year.$6.77$0.05$1.97$2.06$0.09
2019Summary only. Only limited summary data is available for this year.$7.00$0.19$3.11$2.23$0.88
2015Summary only. Only limited summary data is available for this year.$3.93$0.12$2.57$2.32$0.26
2014Summary only. Only limited summary data is available for this year.$3.74$0.19$2.40$2.20$0.20
2013Summary only. Only limited summary data is available for this year.$3.43$0.08$1.08$2.15$1.07
2012Summary only. Only limited summary data is available for this year.$4.52$0.10$2.62$2.36$0.27
2011Summary only. Only limited summary data is available for this year.$4.34$0.19$2.51$2.30$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JORGE HERNANDEZExecutive DiFT$90,865-$90,865
MICHAEL REAGORDirector-$0--
MATTHEW DRAGOUNBoard Member-$0--
NAZARETH RIZKALLAHBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Praise Him Ministries Inc
EIN
03-0410199
Phone
9706265243
Address
130 REDCLIFF DRIVE, RIDGWAY, CO 81432

Signing Officer

Name
Michael Reagor
Title
Director
Phone
3037933400
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Middleton Accounting and Consulting Inc
Address
2798 WOODGATE ROAD UNIT D, MONTROSE, CO 81401
Preparer
H Scott Middleton CPA
Phone
9706263850
Raw XML AppendixShowing 400 of 3,011 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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