Patrick Manor INC EIN 31-1744223

Patrick Manor INC

EIN  31-1744223 Public charity (501(c)(3)) Pocahontas, AR
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Builds affordable homes for seniors in need.
Leadership
Stephanie Thatch · Treasurer / Ed
Money in and out
$335K revenue, $396K expenses
Bottom line
97% program efficiency

Builds affordable homes for seniors in need. For fiscal year 2025 it reported $335K in revenue, $396K in expenses, and $-999K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$335K
Pt VIII · Ln 12
Total expenses
$396K
Pt IX · Ln 25
Net assets
$-999K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$61K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▲ +25% vs prior filing year
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate▼ -21% vs prior filing year
Surplus margin
-18%
revenue over expenses, this year▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$335K
FY2025▲ +21%
Expenses
$396K
FY2025▲ +21%
Total assets
$1.7M
FY2025▼ -3%
Total liabilities
$2.7M
FY20250%
Total revenue
$335K
Pt VIII · Ln 12
Total expenses
$396K
Pt IX · Ln 25
Net assets
$-999K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$61K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $385K of program spending, described in the organization's own filed words · FY2024.
01

Provide low income housing for the elderly

$385Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPatrick Manor INC
EINHdr · item D31-1744223
Principal addressHdr · item CPocahontas, AR
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFMar 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Treasurer / Ed
$0Pt VII · Sec A
Board Chairperson
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$166K · 49%
Program service revenue$104K · 31%
Other revenue$64K · 19%
Contributions & grants49%$166K
Program service revenue31%$104K
Other revenue19%$64K
Investment income$537
— government grantsLn 1e$166K
Total revenueLn 12$335K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$385K
Management & general3%$11K
Total functional expensesLn 25$396K

Balance Sheet

Part X · end of year
CashLn 1$199K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$2.7M
Total net assetsLn 32$-999K
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $199K · Operating expenses/yr $396K
6.0 months
Where the money goes
Program services
Program services $385K · Total expenses $396K
97%
Management & General
Management & general $11K · Total expenses $396K
3%
Fundraising
Fundraising $0 · Total expenses $396K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $166K · Total revenue $335K
49%
Government reliance
Government grants $166K · Total revenue $335K
49%
Earned-income share
Program service revenue $104K · Total revenue $335K
31%
Investment reliance
Investment income $537 · Total revenue $335K
0%
Program self-sufficiency
Program service revenue $104K · Total expenses $396K
26%
Growth & trend
Revenue growth (YoY)
This year $335K · Prior year $277K
+21%
Revenue CAGR
FY2020 $153K · FY2024 $335K
+22%
Net-asset trend (YoY)
End of year $-999K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $335K · Expenses $396K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $-999K · Total assets $1.7M
-59%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stephanie Thatch · Reported title TREASURER / ED · Highest reported compensation $0 · Total expenses $396K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $396K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 21%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$335K revenue · viewing · ⤓ 990 PDF
FY2024$277K revenue · ⤓ 990 PDF
FY2023$284K revenue · ⤓ 990 PDF
FY2022$201K revenue · ⤓ 990 PDF
FY2021$153K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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