Civic Intelligence

Patch Inc.

990EZ • Fiscal year 2021 • EIN 26-3361301

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 25, 2022

Organization Profilewww.patchinc.org
4466 Elvis Presley Blvd STE 119Memphis, TN 38116

(901) 399-4855

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.57x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.41x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

19th percentile

-21%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

87th percentile

$27,645

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 19.5% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Revenue Growth

73rd percentile

43%

Faster revenue growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$101,912

Up $101,912 from 2020

Net Assets

Up

$43,516

Up $45,373 (+2443%) from 2020

Liabilities

$58,396

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin19th percentile

Revenue

Up

$141,685

Up $42,498 (+43%) from 2020

Expenses

Up

$170,762

Up $69,718 (+69%) from 2020

Net Income

Down

-$29,077

Down $27,220 (-1466%) from 2020

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2019: $0Net Assets 2019: $82,3812019Assets 2020: $0Net Assets 2020: -$1,8572020Assets 2021: $101,912Liabilities 2021: $58,396Net Assets 2021: $43,5162021Assets 2022: $308,258Liabilities 2022: $224,439Net Assets 2022: $83,8192022Assets 2023: $468,440Liabilities 2023: $349,844Net Assets 2023: $118,5962023Assets 2024: $480,447Liabilities 2024: $381,034Net Assets 2024: $99,4132024Assets 2025: $458,732Liabilities 2025: $358,306Net Assets 2025: $100,4262025

Highlighted filing

2021

Assets$101,912
Liabilities$58,396
Net Assets$43,516
Open 2021 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2019: $82,3812019Revenue 2020: $99,187Expenses 2020: $101,044Net Income 2020: -$1,8572020Revenue 2021: $141,685Expenses 2021: $170,762Net Income 2021: -$29,0772021Revenue 2022: $296,290Expenses 2022: $255,987Net Income 2022: $40,3032022Revenue 2023: $409,606Expenses 2023: $374,829Net Income 2023: $34,7772023Revenue 2024: $311,390Expenses 2024: $330,573Net Income 2024: -$19,1832024Revenue 2025: $317,695Expenses 2025: $316,682Net Income 2025: $1,0132025

Highlighted filing

2021

Revenue$141,685
Expenses$170,762
Net Income-$29,077
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 25, 2022
Return Version
2021v4.2
Gross Receipts
$141,685
Mission and Program Overview

Mission

Transational housing - provide housing for felons and drug court probational prisoners

Charitable

Program Services

DescriptionGrantsExpenses
Transitional Housing - providing housing for felons and drug court probational prisoners$141,685$170,762
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rose FalknerPresidentFT$27,645-$27,645
Filing and Contact Details

Filer

Filer Name
Patch Inc
EIN
26-3361301
Address
4466 Elvis Presley Blvd STE 119, Memphis, TN 38116

Signing Officer

Name
Rose Falkner
Title
President
Phone
9013994855
Signed
2022-08-25
Discuss with paid preparer
No

Preparer

Firm
Efrem Keith Simmons Bus Consultant
Address
P O Box 281117, Memphis, TN 38168
Preparer
Efrem Keith Simmons
Phone
9019490669
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountProgram Expenses 9,865Travel and Meetings 4,273Liability Insurance 3,527Bank Service Fees 111Books and Dues Subscriptions 525Computer Expenses 862Office Supplies 6,366Security 2,433Charitable Donations 600Office Expenses 18”

Other changes in net assets or fund balances Part I line 20

“Description AmountSBA PPP Loan 72,593”

Description of other assets Part II line 24

“Category Beginning of Year End of YearIRS ERTC Due 0 58,396”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearLoans from Shareholders 0 58,396”

Raw XML Appendix149 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Rose Falkner
IRS990EZ/BooksInCareOfDetail/PhoneNum09013994855
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04466 Elvis Presley Blvd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038116
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0652
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0102709
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-29077
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03342
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0101912
IRS990EZ/GrossReceiptsAmt0141685
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt042864
IRS990EZ/LoansToFromOfficersAmt072593
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt043516
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt043516
IRS990EZ/OccupancyRentUtltsAndMaintAmt039712
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt045.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt027645
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rose Falkner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt058396
IRS990EZ/OtherChangesInNetAssetsAmt072593
IRS990EZ/OtherExpensesTotalAmt028580
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Charitable
IRS990EZ/PrintingPublicationsPostageAmt0176
IRS990EZ/ProgramServiceRevenueAmt038976
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Transitional Housing - providing housing for felons and drug court probational prisoners
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0141685
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0170762
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt098952
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt058396
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0170762
IRS990EZ/TotalProgramServiceExpensesAmt0170762
IRS990EZ/TotalRevenueAmt0141685
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.patchinc.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0102709
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102709
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt038976
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt038976
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0141685
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0141685
IRS990ScheduleA/Total509Grp/TotalAmt0141685
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0141685
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0141685
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt072593
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Payroll and Operatin
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt072593
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Small Business Administration
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Loan Recipient
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt072593
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountProgram Expenses 9,865Travel and Meetings 4,273Liability Insurance 3,527Bank Service Fees 111Books and Dues Subscriptions 525Computer Expenses 862Office Supplies 6,366Security 2,433Charitable Donations 600Office Expenses 18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountSBA PPP Loan 72,593
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearIRS ERTC Due 0 58,396
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearLoans from Shareholders 0 58,396
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Rose Falkner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09013994855
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Patch Inc
ReturnHeader/Filer/BusinessNameControlTxt0PATC
ReturnHeader/Filer/EIN0263361301
ReturnHeader/Filer/USAddress/AddressLine1Txt04466 Elvis Presley Blvd STE 119
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Efrem Keith Simmons Bus Consultant
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 281117
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Memphis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038168
ReturnHeader/PreparerPersonGrp/PhoneNum09019490669
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Efrem Keith Simmons
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-08-25T14:27:27-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Rose
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Falkner
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,912
Liabilities
$58,396
Net assets
$43,516
Revenue
$141,685
Expenses
$170,762
Net income
-$29,077
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.59$3.58$1.00$3.18$3.17$0.01
2024Detailed filing. Detailed filing data is available for this year.$4.80$3.81$0.99$3.11$3.31$0.19
2023Detailed filing. Detailed filing data is available for this year.$4.68$3.50$1.19$4.10$3.75$0.35
2022Detailed filing. Detailed filing data is available for this year.$3.08$2.24$0.84$2.96$2.56$0.40
2021Detailed filing. Detailed filing data is available for this year.$1.02$0.58$0.44$1.42$1.71$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.99$1.01$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.82$0.82