Patterson Memorial Fund
EIN: 566040254 · Saint Louis, MO · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $69K |
| Net Assets | $1.2M |
Is Patterson Memorial Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Patterson Memorial Fund
Patterson Memorial Fund (EIN: 566040254) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code T30. The organization reported total revenue of $504K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patterson Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patterson Memorial Fund is a small nonprofit that has been operating for 67 years, with 6 years of IRS 990 filings on record (2015–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -187.7% | -11.7% | -9.0% |
| 2022 | -66.1% | +22.3% | -2.0% |
| 2021 | +76.4% | +7.5% | +7.4% |
| 2020 | -27.7% | +1.9% | +2.4% |
| 2019 | +174.0% | +244.4% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Patterson Memorial Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Patterson Memorial Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Patterson Memorial Fund
Is Patterson Memorial Fund a legitimate charity?
Patterson Memorial Fund (EIN: 566040254) is a registered tax-exempt nonprofit based in Missouri. It has 6 years of IRS 990 filings on record. Total revenue: $504K. No red flags identified. Financial health grade: B.
How does Patterson Memorial Fund spend its money?
Patterson Memorial Fund reported $504K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Patterson Memorial Fund tax-deductible?
Patterson Memorial Fund is registered as a tax-exempt nonprofit (EIN: 566040254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Patterson Memorial Fund located?
Patterson Memorial Fund is headquartered in Saint Louis, Missouri and files with the IRS under EIN 566040254. It is classified under NTEE code T30.
How many years of IRS 990 filings does Patterson Memorial Fund have?
Patterson Memorial Fund has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $504K in total revenue.
Filing History
IRS 990 filing history for Patterson Memorial Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Patterson Memorial Fund's revenue has declined by 203.8%, moving from $44K to $-45,868. Total assets increased by 1.4% over the same period, from $1.2M to $1.2M. Total functional expenses rose by 307.7%, from $17K to $69K. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-45,868 | $69K | $1.2M | $1 | — | — |
| 2022 | $52K | $78K | $1.3M | $1 | — | — |
| 2021 | $154K | $64K | $1.3M | $1 | — | — |
| 2020 | $88K | $59K | $1.2M | $1 | — | — |
| 2019 | $121K | $58K | $1.2M | $0 | — | View 990 |
| 2015 | $44K | $17K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-45,868, expenses of $69K, and assets of $1.2M (revenue -187.7% year-over-year).
- 2022: Revenue of $52K, expenses of $78K, and assets of $1.3M (revenue -66.1% year-over-year).
- 2021: Revenue of $154K, expenses of $64K, and assets of $1.3M (revenue +76.4% year-over-year).
- 2020: Revenue of $88K, expenses of $59K, and assets of $1.2M (revenue -27.7% year-over-year).
- 2019: Revenue of $121K, expenses of $58K, and assets of $1.2M (revenue +174.0% year-over-year).
- 2015: Revenue of $44K, expenses of $17K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patterson Memorial Fund:
Data Sources and Methodology
This transparency report for Patterson Memorial Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.