Patricks Promise Foundation
- Assets
- $45.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Natick, MA
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-7040951
Organization Overview
Patricks Promise Foundation is located in Natick, MA. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patricks Promise Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Patricks Promise Foundation generated $19.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $11.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOLDS 3 FUNDRAISERS/PROGRAMS PER YEAR 1) GRANT COLLEGE SCHOLARSHIPS 2) SPONSOR TRAVIS ROY SPEAKING SERIES 3) SPONSOR SPARK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shaun S Sibley Trustee | 5 | $0 | |
James G Fair Trustee | 5 | $0 | |
Diane Fair-Sibley Trustee | 15 | $0 | |
Ryan Fair Trustee | 5 | $0 | |
Katherine B Fair Trustee | 5 | $0 | |
Margaret M Yasi Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,497 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,097 |
| Other Revenue | $0 |
| Total Revenue | $19,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,131 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,946 |
| Total expenses | $11,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,174 |
| Other assets | $0 |
| Total assets | $45,174 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,174 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Patricks Promise Foundation has recieved totaling $136.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $136 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unique Life Inc Bronx, NY | $6,794,767 | $10,711,287 |
Vertex Foundation Inc Boston, MA | $5,076,822 | $15,007,934 |
Rogerson Communities Boston, MA | $47,463,639 | $10,337,482 |
St Boniface Haiti Foundation Inc Newton, MA | $12,232,493 | $9,069,662 |
Albany County Opportunity Incorporated Albany, NY | $9,044,384 | $9,921,411 |
Doctors Of The World-Usa Inc New York, NY | $5,138,998 | $8,908,023 |
United Food And Commercial Workers International Union Oriskany, NY | $2,992,541 | $8,981,591 |
Wayne County Action Program Inc Lyons, NY | $3,537,821 | $9,071,492 |
North East Kingdom Community Action Inc Newport, VT | $4,712,717 | $8,659,895 |
Opportunities For Otsego Inc Oneonta, NY | $3,078,713 | $8,326,679 |
Lifeworks Community Action Inc Ballston Spa, NY | $2,628,001 | $8,482,858 |
River Fund New York Inc Richmond Hill, NY | $4,726,214 | $9,106,932 |