Overview
What is Paloma Ministries?
Paloma Ministries is a nonprofit organization, recognized as a 501c3, dedicated to offering Christian ministry services to over 150 individuals. Their offerings include prayer, counseling, Bible teachings, and various other assistance. To facilitate these services, they incur international toll expenses, as detailed in their financial reports. The ministry's president and secretary play a significant role in delivering these services. Paloma Ministries is committed to uplifting and supporting its community through spiritual guidance and assistance, irrespective of geographical boundaries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Paloma Ministries has received a one-star rating from Charity Navigator, indicating significant challenges in its accountability and financial practices. The organization scored particularly poorly in areas such as board independence and the presence of essential policies, which raises concerns about governance and transparency. With no independent board members and several missing policies, stakeholders might find it difficult to assess the organization's overall effectiveness and integrity.
On a positive note, Paloma Ministries has demonstrated strong financial management, with a program expense ratio of 100%, indicating that all expenditures are directed toward its programs. Additionally, the organization has no liabilities relative to its assets, suggesting a stable financial position in that regard. However, the absence of a publicly accessible website and required documentation limits community engagement and informed giving.
Overall, while Paloma Ministries shows promise through its financial metrics, the lack of transparency and governance practices presents notable limitations. Prospective donors and community members should consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Paloma Ministries legitimate?
Paloma Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paloma Ministries submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $9,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Paloma Ministries?
Paloma Ministries is dedicated to providing Christian ministry services. They cater to over 150 individuals, offering prayer, counseling, Bible teachings, and various other support services. This mission is carried out by their 501c3 president and secretary. The organization incurs necessary international toll expenses to facilitate these services, as detailed in their form 990. In essence, Paloma Ministries aims to spread and provide Christian guidance and support to a wide range of individuals.
What is the revenue of Paloma Ministries?
Paloma Ministries's revenue in 2024 was $29,644.
Who are the executives of Paloma Ministries and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Paloma Ministries?
Paloma Ministries's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Paloma Ministries
Paloma Ministries is a nonprofit organization dedicated to providing Christian ministry. Their mission is centered around serving over 150 individuals, offering them prayer, counseling, and Bible teachings, among other services. The ministry is led by its 501c3 president and secretary. To fulfill this mission, Paloma Ministries has incurred necessary international toll expenses, as outlined in their Form 990. This commitment to their mission demonstrates Paloma Ministries' dedication to spreading their faith and offering support to those in need, regardless of geographical boundaries.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Paloma Ministries has a significant impact on the lives of over 150 individuals by providing Christian ministry services such as prayer, counseling, and Bible teachings. The organization, based in El Paso, TX, is dedicated to meeting the spiritual needs of its community through its 501c3 president and secretary. By offering these essential services, Paloma Ministries plays a crucial role in supporting individuals on their spiritual journey and providing a sense of community and support.
This information is meant to be a general summary of Paloma Ministries. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $52
- Gross Receipts: $29,644
Assets and Liabilities:
- Total Assets: $53,889
- Total Liabilities: $0
- Net Assets: $53,889
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Principal Officer
Rev Joe Borntreger
NTEE Category
Code: X20 - Religion related
If you are a representative of Paloma Ministries and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.