Project Patchwork EIN 86-3384882

Project Patchwork FY2023 filing

EIN  86-3384882 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering individuals and communities through recovery support for lasting stability and growth.
Leadership
Laura a Hall · Executive Director · $75K
Money in and out
$920K revenue, $340K expenses
Bottom line
92% program efficiency

Empowering individuals and communities through recovery support for lasting stability and growth. For fiscal year 2023 it reported $920K in revenue, $340K in expenses, and $583K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$920K
Pt VIII · Ln 12
Total expenses
$340K
Pt IX · Ln 25
Net assets
$583K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $580K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.07 Fundraising $0.01
Program efficiency
92%
of spending reaches programs
Operating runway
6.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+63%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$920K
FY2023▲ ×113
Expenses
$340K
FY2023
Total assets
$826K
FY2023
Total liabilities
$243K
FY2023
Total revenue
$920K
Pt VIII · Ln 12
Total expenses
$340K
Pt IX · Ln 25
Net assets
$583K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$580K
Total assetsPt X · Ln 16$826K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $628K of program spending, described in the organization's own filed words · FY2022.
01

We provide housing, peer support and referrals to families with a parent in early recovery.

$314Kprogram expense
02

We provide housing, peer support and referrals to families with a parent in early recovery.

$314Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Patchwork
EINHdr · item D86-3384882
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P72)
Ruling yearIRS BMFAug 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
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 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 (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$74,703Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Laura a Hall’s $104K as Executive Director is at the 88th 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 · 1 named individual · Part VII

NameFY2025FY2023
Laura a Hall$104,000$74,703

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$803K · 87%
Program service revenue$118K · 13%
Contributions & grants87%$803K
Program service revenue13%$118K
Investment income$97
— government grantsLn 1e$790K
Total revenueLn 12$920K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.07 Fundraising $0.01
Program services92%$314K
Management & general7%$23K
Fundraising1%$3K
Total functional expensesLn 25$340K

Balance Sheet

Part X · end of year
CashLn 1$182K
Total assetsLn 16$826K
Total liabilitiesLn 26$243K
Total net assetsLn 32$583K
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $182K · Operating expenses/yr $340K
6.4 months
Where the money goes
Program services
Program services $314K · Total expenses $340K
92%
Management & General
Management & general $23K · Total expenses $340K
7%
Fundraising
Fundraising $3K · Total expenses $340K
1%
Cost to raise $1
Fundraising expense $3K · Solicited contributions $12K
$0.22 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $803K · Total revenue $920K
87%
Government reliance
Government grants $790K · Total revenue $920K
86%
Earned-income share
Program service revenue $118K · Total revenue $920K
13%
Investment reliance
Investment income $97 · Total revenue $920K
0%
Program self-sufficiency
Program service revenue $118K · Total expenses $340K
35%
Growth & trend
Revenue growth (YoY)
This year $920K · Prior year $8K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $583K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $920K · Expenses $340K
+63%
Liabilities-to-Assets
Total liabilities — · Total assets $826K
Net-asset ratio
Net assets $583K · Total assets $826K
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $826K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laura a Hall · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $75K · Total expenses $340K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $129K · Total expenses $340K
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth ×113
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 1%

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 · funders on record
Grants received · FY2024
See all 4 funders →

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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)$597K revenue · ⤓ 990 PDF
FY2024$973K revenue · ⤓ 990 PDF
FY2023$920K revenue · viewing · ⤓ 990 PDF
FY2022$8K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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