Patricks Promise Foundation
- Assets
- $55.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Natick, MA
- Founding
- 08/2015
- Data as of
- 12/2023
- 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 12/2023, Patricks Promise Foundation generated $18.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2023. 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
2023
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 | |
Diane Fair-Sibley Trustee | 15 | $0 | |
James G Fair Trustee | 5 | $0 | |
Carolyn Bothwell Trustee | 5 | $0 | |
Ryan Fair Trustee | 5 | $0 | |
Katherine B Fair Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,495 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,354 |
| Other Revenue | $0 |
| Total Revenue | $18,141 |
| 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 | $931 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $38 |
| Other expenses | $4,660 |
| Total expenses | $17,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,304 |
| Other assets | $0 |
| Total assets | $55,304 |
| Total liabilities | $3,100 |
| Net assets or fund balances | $52,204 |