The Sam And Deidre Patterson Foundation
The Sam And Deidre Patterson Foundation consistently grows assets with unpaid leadership and low liabilities.
EIN: 20709431 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $21K |
| Program Spending | 90% |
| Net Assets | $360K |
| Transparency Score | 85/100 |
Is The Sam And Deidre Patterson Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Sam And Deidre Patterson Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Sam And Deidre Patterson Foundation
The Sam And Deidre Patterson Foundation (EIN: 20709431) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $121K and total assets of $393K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sam And Deidre Patterson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Sam And Deidre Patterson Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $21K |
| Surplus / Deficit | +$16K |
| Total Assets | $360K |
| Total Liabilities | $1 |
| Net Assets | $360K |
| Operating Margin | 42.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 201.6 months |
Financial Health Grade: A
In 2023, The Sam And Deidre Patterson Foundation reported a surplus of $16K with revenue exceeding expenses, holds 201.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Sam And Deidre Patterson Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.7% | -10.8% | +4.6% |
| 2022 | -18.7% | -6.8% | +0.8% |
| 2021 | +80.5% | +102.4% | +2.2% |
| 2020 | -55.7% | -52.2% | +2.0% |
| 2019 | +99.3% | +73.2% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Sam And Deidre Patterson Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Sam And Deidre Patterson Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's officers are not paid, which is highly favorable for resource allocation and donor trust.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for The Sam And Deidre Patterson Foundation:
- Consistent asset growth (from $161,537 in 2011 to $359,926 in 2023).
- Extremely low liabilities ($1 across all reported periods).
- 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Expenses consistently below revenue in most years, allowing for financial stability.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
Frequently Asked Questions about The Sam And Deidre Patterson Foundation
Is The Sam And Deidre Patterson Foundation a legitimate charity?
The Sam And Deidre Patterson Foundation (EIN: 20709431) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $121K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Sam And Deidre Patterson Foundation spend its money?
The Sam And Deidre Patterson Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Sam And Deidre Patterson Foundation tax-deductible?
The Sam And Deidre Patterson Foundation is registered as a tax-exempt nonprofit (EIN: 20709431). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Sam And Deidre Patterson Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Sam And Deidre Patterson Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Sam And Deidre Patterson Foundation located?
The Sam And Deidre Patterson Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 20709431. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Sam And Deidre Patterson Foundation have?
The Sam And Deidre Patterson Foundation has 10 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 $121K in total revenue.
Is The Sam And Deidre Patterson Foundation financially stable?
Yes, the foundation appears financially stable. It consistently maintains very low liabilities ($1) and has shown steady asset growth from $161,537 in 2011 to $359,926 in 2023, indicating strong financial health.
How efficient is the foundation's spending?
The foundation demonstrates strong spending efficiency. Expenses are consistently lower than revenue in most years, allowing for asset accumulation. For example, in 2023, expenses were $21,425 against $37,258 in revenue. The 0% officer compensation also points to efficient use of funds.
Does the foundation pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, meaning the foundation's leadership is unpaid.
Filing History
IRS 990 filing history for The Sam And Deidre Patterson Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Sam And Deidre Patterson Foundation's revenue has grown by 1300.2%, moving from $3K to $37K. Total assets increased by 122.8% over the same period, from $162K to $360K. Total functional expenses rose by 25.4%, from $17K to $21K. In its most recent filing year (2023), The Sam And Deidre Patterson Foundation reported a surplus of $16K, with revenue exceeding expenses. The organization holds $1 in liabilities against $360K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $360K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $21K | $360K | $1 | — | View 990 |
| 2022 | $27K | $24K | $344K | $1 | — | View 990 |
| 2021 | $33K | $26K | $341K | $1 | — | View 990 |
| 2020 | $18K | $13K | $334K | $1 | — | — |
| 2019 | $41K | $27K | $327K | $1 | — | View 990 |
| 2015 | $21K | $15K | $309K | $1 | — | View 990 |
| 2014 | $22K | $36K | $304K | $1 | — | View 990 |
| 2013 | $44K | $26K | $318K | $1 | — | View 990 |
| 2012 | $155K | $17K | $300K | $1 | — | View 990 |
| 2011 | $3K | $17K | $162K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $21K, and assets of $360K (revenue +38.7% year-over-year).
- 2022: Revenue of $27K, expenses of $24K, and assets of $344K (revenue -18.7% year-over-year).
- 2021: Revenue of $33K, expenses of $26K, and assets of $341K (revenue +80.5% year-over-year).
- 2020: Revenue of $18K, expenses of $13K, and assets of $334K (revenue -55.7% year-over-year).
- 2019: Revenue of $41K, expenses of $27K, and assets of $327K (revenue +99.3% year-over-year).
- 2015: Revenue of $21K, expenses of $15K, and assets of $309K (revenue -5.7% year-over-year).
- 2014: Revenue of $22K, expenses of $36K, and assets of $304K (revenue -50.2% year-over-year).
- 2013: Revenue of $44K, expenses of $26K, and assets of $318K (revenue -71.6% year-over-year).
- 2012: Revenue of $155K, expenses of $17K, and assets of $300K (revenue +5721.2% year-over-year).
- 2011: Revenue of $3K, expenses of $17K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Sam And Deidre Patterson Foundation:
Data Sources and Methodology
This transparency report for The Sam And Deidre Patterson Foundation 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.