Patricks Pals INC FY2023 filing

Tax-deductible

White Hse Sta, NJ501(c)(3)Foundations & GrantmakersEIN 26-4097047Revenue $159K in FY2023

On file with the IRSpatricks-pals.net2 Overlook Rd, 08889-3370 · White Hse Sta, NJTax-exempt since Mar 2010Publicly supported — 509(a)(2)

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To provide therapy equipment to children under 26years of age who have profound disabilities and families have been denied by insurance and cannot afford the expenses.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $74K a year · 47% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
48 mo
of spending, in cash
Looks good: 47.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $42K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$159K
+29% vs prior year
Spent
$112K
To programs
98%
Net assets
$446K
By yearFY2020–FY2024
Revenue
$159K
FY2023▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2020$42K
FY2021$142K
FY2022$123K
FY2023$159K
FY2024$156K
Expenses
$112K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$112K
FY2024$55K
Net assets
$446K
FY2023▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$367K
FY2021$389K
FY2022$399K
FY2023$446K
FY2024$547K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $110K Management & general 2% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
President / Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Patricks Pals INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides therapy equipment to children with profound disabilities when insurance or finances are insufficient.

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Provided by the organization

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1 program · $110K · in their own filed words · FY2023
01

Therapy and equipment to disabled children and schools that specialize in assisting special needs children. This assistance is for children under the age of 26 with severe cognitive and physical limitations.

$110Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$42K
Grants paid · 4 grants · $163K · 2023–2024
Unitemized GrantFY2024$39,977
Unitemized GrantFY2023$100,014

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$159K
Ln 12
Gifts and grantsLn 1h$140K
Other incomeLn 4–11$19K
Money outPt IX
$112K
Ln 25
Programscol B$110K
Managementcol C$2K
Owns and owesPt X
$446K
net assets · Ln 32
Cash and savingsLn 1–2$446K
Total assetsLn 16$446K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$140K
Fundraising eventsLn 1c$90K
Other incomeLn 4–11$19K
Total revenueLn 12$159K
Assets in detailPt X, end of year
CashLn 1$446K
Cash and savings togetherLn 1–2$446K
Total assetsLn 16$446K
LiabilitiesLn 26$0
Net assetsLn 32$446K
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$399K$446K
Total assetsLn 16$399K$446K
LiabilitiesLn 26$0$0
Net assetsLn 32$399K$446K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants to domestic individualsLn 2$100K$100K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$112K$110K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $156K$55K$100K$547K 990 PDF
FY2023 Viewing $159K$112K$47K$446K 990 PDF
FY2022 $123K$399K 990 PDF
FY2021 $142K$389K 990 PDF
FY2020 $42K$367K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $159,215 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $97,514$140,082
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $25,579$19,133
I-12 Total revenuePrior year $123,093$159,215
I-13 Grants and similar amounts paidPrior year $111,073$110,014
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,684$2,336
I-18 Total expensesPrior year $112,757$112,350
I-19 Revenue less expensesPrior year $10,336$46,865
Part VI · Governance 12 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $159,215 across 5 lines filed
VIII-1c Fundraising events$89,605
VIII-1f All other contributions, gifts and grants$50,477
VIII-1h Total contributions, gifts and grants$140,082
VIII-8 Net income from fundraising events$19,133
VIII-12 Total revenue$159,215
Part IX · Statement of functional expenses $112,350 across 29 lines filed
IX-1 Grants to domestic organizationsPrograms $10,000$10,000
IX-2 Grants to domestic individualsPrograms $100,014$100,014
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $2,336$2,336
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $110,014 · Management $2,336 · Fundraising $0$112,350
Part X · Balance sheet $446,172 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $399,307$446,172
X-16 Total assetsStart of year $399,307$446,172
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $399,307$446,172
X-32 Total net assets or fund balancesStart of year $399,307$446,172
X-33 Total liabilities and net assetsStart of year $399,307$446,172
Part XI · Reconciliation of net assets $446,172 net assets at year end
XI-1 Total revenue$159,215
XI-2 Total expenses$112,350
XI-3 Revenue less expenses$46,865
XI-4 Net assets at start of year$399,307
XI-10 Net assets at end of year$446,172

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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