William H Patt Memorial is located in Saint Paul, MN. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William H Patt Memorial 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, William H Patt Memorial generated $54.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 52.0% each year . All expenses for the organization totaled $32.5k during the year ending 12/2023. While expenses have increased by 28.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
DONATED ALL PROCEEDS OVER EXPENSES TO UNIVERSITY OF SAINT THOMAS SCHOLARSHIP FUND PLUS MORE THAT WENT DIRECTLY TO UST BUT DID NOT TOUCH OUR ENTITY'S HANDS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Kristin Patt Director | 5 | $0 | |
| Harrison Patt Director | 5 | $0 | |
| William Patt Director | 5 | $0 | |
| Robert Phythian Director | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,000 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $54,000 | 
| 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 | $31,931 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $602 | 
| Other expenses | $0 | 
| Total expenses | $32,533 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 | 
| Other assets | $0 | 
| Total assets | $0 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $0 |