Civic Intelligence

Patterson School Foundation Inc.

990 • Fiscal year 2017 • EIN 56-1938833

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 02, 2017

Organization ProfileN/A
P O Box 500Patterson, NC 28661

(828) 754-5065

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.95x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

5.91x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

90th percentile

40%

Higher net margin than 90% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

34th percentile

$4,845

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

31st percentile

-0.2%

Faster asset growth than 31% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

46%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$2,224,787

Down $4,354 (-0.2%) from 2016

Net Assets

Up

$101,326

Up $144,790 (+333%) from 2016

Liabilities

Down

$2,123,461

Down $149,144 (-6.6%) from 2016

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin90th percentile

Revenue

Up

$359,108

Up $113,301 (+46%) from 2016

Expenses

Down

$214,318

Down $43,215 (-17%) from 2016

Net Income

Up

$144,790

Up $156,516 (+1335%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,506,820Liabilities 2011: $2,761,681Net Assets 2011: -$254,8612011Assets 2012: $2,515,544Liabilities 2012: $2,852,604Net Assets 2012: -$337,0602012Assets 2013: $2,423,380Liabilities 2013: $2,696,988Net Assets 2013: -$273,6082013Assets 2014: $2,383,438Liabilities 2014: $2,480,812Net Assets 2014: -$97,3742014Assets 2015: $2,343,322Liabilities 2015: $2,375,060Net Assets 2015: -$31,7382015Assets 2016: $2,229,141Liabilities 2016: $2,272,605Net Assets 2016: -$43,4642016Assets 2017: $2,224,787Liabilities 2017: $2,123,461Net Assets 2017: $101,3262017Assets 2018: $2,130,680Liabilities 2018: $1,930,459Net Assets 2018: $200,2212018Assets 2019: $2,101,792Liabilities 2019: $1,738,356Net Assets 2019: $363,4362019Assets 2020: $3,141,535Liabilities 2020: $1,441,748Net Assets 2020: $1,699,7872020Assets 2021: $2,564,758Liabilities 2021: $860,890Net Assets 2021: $1,703,8682021Assets 2022: $2,733,102Liabilities 2022: $360,440Net Assets 2022: $2,372,6622022Assets 2023: $2,721,041Liabilities 2023: $359,428Net Assets 2023: $2,361,6132023Assets 2024: $2,646,907Liabilities 2024: $351,562Net Assets 2024: $2,295,3452024

Highlighted filing

2017

Assets$2,224,787
Liabilities$2,123,461
Net Assets$101,326
Open 2017 Filing

Operations Trend

Revenue Growth85th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $37,311Expenses 2011: $249,162Net Income 2011: -$211,8512011Revenue 2012: $68,310Expenses 2012: $150,509Net Income 2012: -$82,1992012Revenue 2013: $291,568Expenses 2013: $183,367Net Income 2013: $108,2012013Revenue 2014: $334,048Expenses 2014: $157,814Net Income 2014: $176,2342014Revenue 2015: $274,101Expenses 2015: $208,465Net Income 2015: $65,6362015Revenue 2016: $245,807Expenses 2016: $257,533Net Income 2016: -$11,7262016Revenue 2017: $359,108Expenses 2017: $214,318Net Income 2017: $144,7902017Revenue 2018: $361,916Expenses 2018: $263,021Net Income 2018: $98,8952018Revenue 2019: $367,190Expenses 2019: $203,975Net Income 2019: $163,2152019Revenue 2020: $1,529,455Expenses 2020: $193,104Net Income 2020: $1,336,3512020Revenue 2021: $272,164Expenses 2021: $268,083Net Income 2021: $4,0812021Revenue 2022: $873,462Expenses 2022: $204,668Net Income 2022: $668,7942022Revenue 2023: $313,863Expenses 2023: $324,912Net Income 2023: -$11,0492023Revenue 2024: $262,421Expenses 2024: $328,689Net Income 2024: -$66,2682024

Highlighted filing

2017

Revenue$359,108
Expenses$214,318
Net Income$144,790
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 2, 2017
Return Version
2016v3.0
Gross Receipts
$382,670
Mission and Program Overview

Mission

To provide educational opportunities with a strong commitment to environmental stewardship, sustainable agriculture, historical preservation, and our community.

To provide support for patterson school, inc.(through october 19, 2009 and thereafter to support other preparatory schools as then determined).

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,590,446$1,518,941▼ $71,505
Loans From Officers Directors$1,001,377$983,377▼ $18,000
Land, Buildings, and Equipment, Net$589,592$607,166▲ $17,574
Cash and Non-Interest-Bearing Accounts$19,827$69,404▲ $49,577
Intangible Assets$29,276$29,276→ $0
Total Assets$2,229,141$2,224,787▼ $4,354
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,268,509$1,139,419▼ $129,090
Accounts Payable and Accrued Expenses$2,719--
Other Liabilities$0$665▲ $665
Total Liabilities$2,272,605$2,123,461▼ $149,144
Net Assets / Fund Balance
Unrestricted Net Assets$-43,464$101,326▲ $144,790
Total Net Assets Fund Balance$-43,464$101,326▲ $144,790
Total Liabilities and Net Assets / Fund Balance$2,229,141$2,224,787▼ $4,354

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$233,437$356,190-
Land$355,974--
Equipment$17,755$24,832-
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleOtherTotal
Susan RoweCorresponding Secretary$4,845$4,845

Board Members and Trustees

NameTitle
Kitty Gurkin RosatiChairman
Walter James HoganPresident & CEO
Bryan ElliottDirector
Debbie GoforthDirector
Dr Lee J Ball JrDirector
Jesse PlasterDirector
Jon HoganDirector
Liza PlasterDirector
Nick CurtisDirector
Joanie GuglielmiRecording Secretary
Janet SpoonTreasurer & Corresponding
Revenue and Support

Revenue Composition

Contributions and Grants
$216,928
Program Service Revenue
$7,251
Investment Income
$3,950
Other Revenue
$130,979
All Other Contributions
$205,330
Change in Net Assets
$144,790
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$211,148
Salaries, Compensation, and Employee Benefits$3,170
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$51,254--$51,254
Occupancy$23,172--$23,172
Depreciation Depletion$21,053--$21,053
Insurance$10,176--$10,176
Fees for Services Accounting-$7,945-$7,945
Other Expenses$3,375--$3,375
Other Salaries and Wages$3,170--$3,170
Office Expenses-$2,904-$2,904
All Other Expenses$2,384--$2,384
Advertising$1,286--$1,286
Fees for Services Other$719--$719
Total Functional Expenses$203,469$10,849$0$214,318
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,419
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,001,377$983,377▼ $18,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$665
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Two of the board members, liza plaster and jesse plaster, are related as mother and son.”

Form 990, Part VI, Section B, line 11B

“The board of trustees reviews the form 990 before filing.”

Form 990, Part VI, Section C, line 19

“The governing documents are available at patterson school for viewing or can be obtained from walter james hogan.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Joanie guglielmi - 769 kemp road, mooresville, nc 28117. Bryan elliott - 4211 steeltown rd, lenoir, nc 28645. Liza plaster - 1865 hwy 268, lenoir, nc 28645. Kitty gurkin rosati - 5918 craig road, durham, nc 27712. Jesse plaster - 4283 holly lodge pl, lenoir, nc 28645. Dr. Lee j. Ball, jr. - po box 411, boone, nc 28607. Nick curtis - 1629 zacks fork rd, lenoir, nc 28645. Jon hogan - 1509 indian hills drive, lenoir, nc 28645. Debbie goforth - 308 greenview ridge, duncan, sc 29334.”

Filing and Contact Details

Filer

Filer Name
Patterson School Foundation Inc
EIN
56-1938833
Phone
8287545065
Address
P O BOX 500, PATTERSON, NC 28661

Signing Officer

Name
Walter James Hogan
Title
CEO/president
Phone
8287545065
Signed
2017-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter James Hogan
Formed
1994
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
25

Preparer

Firm
Smith Stevens & Ford Pa
Address
POST OFFICE BOX 1225, LENOIR, NC 28645-1225
Preparer
David F Stevens
Phone
8287588431
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
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IRS990/OtherExpensesGrp/Desc3FIELDS & CASH CROP EXPE
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IRS990/OtherExpensesGrp/ProgramServicesAmt111943
IRS990/OtherExpensesGrp/ProgramServicesAmt28000
IRS990/OtherExpensesGrp/ProgramServicesAmt33375
IRS990/OtherExpensesGrp/TotalAmt066937
IRS990/OtherExpensesGrp/TotalAmt111943
IRS990/OtherExpensesGrp/TotalAmt28000
IRS990/OtherExpensesGrp/TotalAmt33375
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0665
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03170
IRS990/OtherSalariesAndWagesGrp/TotalAmt03170
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01590446
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01518941
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WALTER JAMES HOGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2111000
IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1HICKORY HALL DINING SE
IRS990/ProgramServiceRevenueGrp/Desc2FIELDS & CASH CROPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05007
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11260
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05007
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11260
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2984
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0145086
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0257533
IRS990/PYOtherRevenueAmt076407
IRS990/PYProgramServiceRevenueAmt024314
IRS990/PYRevenuesLessExpensesAmt0-11726
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0257533
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0245807
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0144790
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0137398
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0148599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0205330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0141396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0346726
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0137398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt077362
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0214760
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt034300
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61750
IRS990ScheduleA/PublicSupportPY170Pct00.64640
IRS990ScheduleA/PublicSupportTotal170Amt0346726
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0205330
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0141396
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0346726
IRS990ScheduleA/TotalSupportAmt0561486
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0233437
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0356190
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0589627
IRS990ScheduleD/EquipmentGrp/BookValueAmt017755
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024832
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt042587
IRS990ScheduleD/LandGrp/BookValueAmt0355974
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0355974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0665
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0607166
IRS990ScheduleD/TotalLiabilityAmt0665
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0926154
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt157223
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CONTINUED OPERATIONS OF THE FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1CONTINUED OPERATIONS OF THE FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2CONTINUED OPERATIONS OF THE FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3CONTINUED OPERATIONS OF THE FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4CONTINUED OPERATIONS OF THE FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0809258
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt157173
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt22000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt38000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt48000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WALTER HOGAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JAMES JANET SPOON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2BETTY MEDLIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3KENNETH ROBERTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4GERALD BOLICK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1COMPANY OWNED BY BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd50
IRS990ScheduleL/TotalBalanceDueAmt0983377
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO OF THE BOARD MEMBERS, LIZA PLASTER AND JESSE PLASTER, ARE RELATED AS MOTHER AND SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES REVIEWS THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS ARE AVAILABLE AT PATTERSON SCHOOL FOR VIEWING OR CAN BE OBTAINED FROM WALTER JAMES HOGAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3JOANIE GUGLIELMI - 769 KEMP ROAD, MOORESVILLE, NC 28117. BRYAN ELLIOTT - 4211 STEELTOWN RD, LENOIR, NC 28645. LIZA PLASTER - 1865 HWY 268, LENOIR, NC 28645. KITTY GURKIN ROSATI - 5918 CRAIG ROAD, DURHAM, NC 27712. JESSE PLASTER - 4283 HOLLY LODGE PL, LENOIR, NC 28645. DR. LEE J. BALL, JR. - PO BOX 411, BOONE, NC 28607. NICK CURTIS - 1629 ZACKS FORK RD, LENOIR, NC 28645. JON HOGAN - 1509 INDIAN HILLS DRIVE, LENOIR, NC 28645. DEBBIE GOFORTH - 308 GREENVIEW RIDGE, DUNCAN, SC 29334.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VII Contact Addresses for Officers, Directors, Etc
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PATTERSON SCHOOL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0561570471

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,224,787
Liabilities
$2,123,461
Net assets
$101,326
Revenue
$359,108
Expenses
$214,318
Net income
$144,790
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.65$0.35$2.30$0.26$0.33$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.72$0.36$2.36$0.31$0.32$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.73$0.36$2.37$0.87$0.20$0.67
2021Detailed filing. Detailed filing data is available for this year.$2.56$0.86$1.70$0.27$0.27$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.14$1.44$1.70$1.53$0.19$1.34
2019Detailed filing. Detailed filing data is available for this year.$2.10$1.74$0.36$0.37$0.20$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.13$1.93$0.20$0.36$0.26$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.22$2.12$0.10$0.36$0.21$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.23$2.27$0.04$0.25$0.26$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.34$2.38$0.03$0.27$0.21$0.07
2014Summary only. Only limited summary data is available for this year.$2.38$2.48$0.10$0.33$0.16$0.18
2013Summary only. Only limited summary data is available for this year.$2.42$2.70$0.27$0.29$0.18$0.11
2012Summary only. Only limited summary data is available for this year.$2.52$2.85$0.34$0.07$0.15$0.08
2011Summary only. Only limited summary data is available for this year.$2.51$2.76$0.25$0.04$0.25$0.21