Patsy Reeve Foundation INC EIN 82-1059864

Patsy Reeve Foundation INC

EIN  82-1059864 Public charity (501(c)(3)) Phoenix, AZ Founded 2017
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Size
$100K–1M
What they do
Supports children with spina bifida and their families through a unique camp experience.
Leadership
Kathleen Reeve · COO Secretary · $70K
Money in and out
$528K revenue, $388K expenses
Bottom line
82% program efficiency

Supports children with spina bifida and their families through a unique camp experience. For fiscal year 2024 it reported $528K in revenue, $388K in expenses, and $451K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$528K
Pt VIII · Ln 12
Total expenses
$388K
Pt IX · Ln 25
Net assets
$451K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $140K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.07 Fundraising $0.11
Program efficiency
82%
of spending reaches programs▼ -13% vs prior filing year
Operating runway
15.0mo
months of highly liquid reserves at operating expense rate▲ +55% vs prior filing year
Surplus margin
+27%
revenue over expenses, this year▲ +341% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$528K
FY2024▲ +27%
Expenses
$388K
FY2024▼ -1%
Total assets
$451K
FY2024▲ +45%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$528K
Pt VIII · Ln 12
Total expenses
$388K
Pt IX · Ln 25
Net assets
$451K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$140K
Total assetsPt X · Ln 16$451K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $317K of program spending, described in the organization's own filed words · FY2024.
01

This year was another wonderful year for camp patrick. In june of 2025, we hosted 78 kids and young adults with spina bifida at camp patrick for a week of summer camp and inclusivity. We also had 105 volunteer staff members.

$317Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPatsy Reeve Foundation INC
EINHdr · item D82-1059864
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jcamppatrick.com
Year of formationHdr · item L2017
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P03)
Ruling yearIRS BMFApr 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
COO Secretary
$70,000Pt VII · Sec A
CEO Chairman
$35,000Pt 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
$0Pt VII · Sec A

Kathleen Reeve’s $70K as COO Secretary is at the 61st percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024
Kathleen Reeve$70,000$26,923
Edwin Reeve III$35,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$474K · 90%
Program service revenue$56K · 11%
Contributions & grants90%$474K
Program service revenue11%$56K
Investment income$2K
Total revenueLn 12$528K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.07 Fundraising $0.11
Program services82%$317K
Management & general7%$27K
Fundraising11%$44K
Total functional expensesLn 25$388K

Balance Sheet

Part X · end of year
CashLn 1$446K
Total assetsLn 16$451K
Total liabilitiesLn 26$0
Total net assetsLn 32$451K
Months of cash on handcomputed13.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $446K · Operating expenses (Pt IX) $388K · Less non-cash grants $30K · Cash operating expenses/yr $358K
15.0 months
Where the money goes
Program services
Program services $317K · Total expenses $388K
82%
Management & General
Management & general $27K · Total expenses $388K
7%
Fundraising
Fundraising $44K · Total expenses $388K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $19K · Solicited contributions (3-yr avg) $352K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $474K · Total revenue $528K
90%
Government reliance
Government grants — · Total revenue $528K
Earned-income share
Program service revenue $56K · Total revenue $528K
11%
Investment reliance
Investment income $2K · Total revenue $528K
0%
Program self-sufficiency
Program service revenue $56K · Total expenses $388K
14%
Growth & trend
Revenue growth (YoY)
This year $528K · Prior year $415K
+27%
Revenue CAGR
FY2019 $287K · FY2024 $528K
+13%
Net-asset trend (YoY)
End of year $451K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $528K · Expenses $388K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $451K
Net-asset ratio
Net assets $451K · Total assets $451K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $451K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kathleen Reeve · Reported title COO SECRETARY · Highest reported compensation $70K · Total expenses $388K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $92K · Total expenses $388K
24%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 7%
Fundraising cost ratio 9%
Revenue growth 27%

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.

Grants

Schedule I · received and paid
Grants received · FY2025
Gibson GivesFY2025$2K
Total grants receivedfrom 1 funder$2K
Grants paid · 1 grant · $25K · 2021–2021

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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
FY2024$415K revenue · ⤓ 990 PDF
FY2023$224K revenue · ⤓ 990 PDF
FY2022$276K revenue · ⤓ 990 PDF
FY2021$56K revenue · ⤓ 990 PDF
FY2020$287K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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