Civic Intelligence

Pattons Purpose Inc.

990 • Fiscal year 2024 • EIN 93-3073145

Jul 01, 2023 to Jun 30, 2024 • Filed on Jul 08, 2025

150 Westwood CirWaynesville, NC 28786

(828) 456-4455

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2024

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2024 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$2,004,465

No earlier filing loaded for comparison.

Net Assets

$2,004,465

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$2,005,000

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$2,005,000

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2024: $2,004,465Liabilities 2024: $0Net Assets 2024: $2,004,4652024Assets 2025: $2,051,952Liabilities 2025: $0Net Assets 2025: $2,051,9522025

Highlighted filing

2024

Assets$2,004,465
Liabilities$0
Net Assets$2,004,465

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2024: $2,005,000Expenses 2024: $0Net Income 2024: $2,005,0002024Revenue 2025: $47,006Expenses 2025: $54Net Income 2025: $46,9522025

Highlighted filing

2024

Revenue$2,005,000
Expenses$0
Net Income$2,005,000
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jul 8, 2025
Return Version
2023v6.0
Gross Receipts
$2,005,000
Mission and Program Overview

Mission

The corporation's purpose is to provide opportunities for differently abled and/or socioeconomically disadvantaged individuals to engage in meaningful activities that build life skills and inspire confidence so they may live more independent and productive lives. In addition, the corporation will support the service mission of haywood vocational opportunities, inc., a north carolina non-profit corporation ("hvo"). However, the corporation shall not provide funds for the ordinary operating expenses of hvo except where those expenses are directly connected to the provision of services to the persons described in the first sentence. By way of illustration, the corporation will not provide funds to hvo for its manufacturing operations or to make up deficits incurred by hvo in those manufacturing operations.

The organization will make periodic grants to haywood vocational opportunities, inc. (hvo) and other 501(c)(3) organizations for use in their exempt purpose of inspiring confidence and independence for improving the lives of those disadvantaged persons being served by such organization (s). A written grant application/request will be required. Grants will be based upon the entities' programming and its financial needs associated with providing such programming. The grant awards will not be made for fiscal operations other than those specific to the programming being considered. Final grant award reports will be utilized to provide historical records of the grants' effectiveness. If funds are not expended in accordance with the intended purposes, repayment and limitations of future grants will be pursued.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$2,004,465-
Total Assets$0$2,004,465▲ $2,004,465
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$2,004,465-
Total Net Assets Fund Balance$0$2,004,465▲ $2,004,465
Total Liabilities and Net Assets / Fund Balance$0$2,004,465▲ $2,004,465

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,004,465--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Drake FultzChair Thru 8
Art DoschVice Chair T
Frank QueenBoard Member
Jessica MayBoard Member
Dean McmahonBrd Mbr Thru
Rebecca StameySecretary
Mark BumgarnerTreasurer Th
Revenue and Support

Revenue Composition

Contributions and Grants
$2,005,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,005,000
Change in Net Assets
$2,005,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Pattons Purpose Inc
EIN
93-3073145
Phone
8284564455
Address
150 WESTWOOD CIR, WAYNESVILLE, NC 28786

Signing Officer

Name
Rebecca Stamey
Title
Secretary
Signed
2025-07-08

Organization Details

Principal Officer
Rebecca Stamey
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
Carter P C
Address
301 COLLEGE ST STE 320, ASHEVILLE, NC 28801-2449
Preparer
Alan Toler
Phone
8282599900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization will make periodic grants to haywood vocational opportunities, inc. (hvo) and other 501(c)(3) organizations for use in their exempt purpose of inspiring confidence and independence for improving the lives of those disadvantaged persons being served by such organization (s). A written grant application/request will be required. Grants will be based upon the entities' programming and its financial needs associated with providing such programming. The grant awards will not be made for fiscal operations other than those specific to the programming being considered. Final grant award reports will be utilized to provide historical records of the grants' effectiveness. If funds are not expended in accordance with the intended purposes, repayment and limitations of future grants will be pursued.

Form 990, Page 2, Part III, Line 4A

The organization will financially support haywood vocational opportunities inc. (ein 56-1651554), a sec. 501(c)(3) public charity formed in 1989 that provides training for handicapped and disabled persons centered in haywood county, north carolina. The organization may also support other, similar public charity organizations in the future, per its bylaws. Primary functions of the activity will be conducted by the organization's volunteer board of directors. The board of directors will spend approximately a few hours each week devoted to the organization--this is estimated to be less than 10 percent of their time each. The office and primary location of the activity will be 150 westwood cir, waynesville, nc. Funding for the activity will be provided through donations from the general public, along with a starting seed donation from haywood vocational opportunities inc, and fundraisers conducted by the organization's volunteers in accordance with the charitable solicitation guidelines of the state of north carolina.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WILL MAKE PERIODIC GRANTS TO HAYWOOD VOCATIONAL OPPORTUNITIES, INC. (HVO) AND OTHER 501(C)(3) ORGANIZATIONS FOR USE IN THEIR EXEMPT PURPOSE OF INSPIRING CONFIDENCE AND INDEPENDENCE FOR IMPROVING THE LIVES OF THOSE DISADVANTAGED PERSONS BEING SERVED BY SUCH ORGANIZATION (S). A WRITTEN GRANT APPLICATION/REQUEST WILL BE REQUIRED. GRANTS WILL BE BASED UPON THE ENTITIES' PROGRAMMING AND ITS FINANCIAL NEEDS ASSOCIATED WITH PROVIDING SUCH PROGRAMMING. THE GRANT AWARDS WILL NOT BE MADE FOR FISCAL OPERATIONS OTHER THAN THOSE SPECIFIC TO THE PROGRAMMING BEING CONSIDERED. FINAL GRANT AWARD REPORTS WILL BE UTILIZED TO PROVIDE HISTORICAL RECORDS OF THE GRANTS' EFFECTIVENESS. IF FUNDS ARE NOT EXPENDED IN ACCORDANCE WITH THE INTENDED PURPOSES, REPAYMENT AND LIMITATIONS OF FUTURE GRANTS WILL BE PURSUED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WILL FINANCIALLY SUPPORT HAYWOOD VOCATIONAL OPPORTUNITIES INC. (EIN 56-1651554), A SEC. 501(C)(3) PUBLIC CHARITY FORMED IN 1989 THAT PROVIDES TRAINING FOR HANDICAPPED AND DISABLED PERSONS CENTERED IN HAYWOOD COUNTY, NORTH CAROLINA. THE ORGANIZATION MAY ALSO SUPPORT OTHER, SIMILAR PUBLIC CHARITY ORGANIZATIONS IN THE FUTURE, PER ITS BYLAWS. PRIMARY FUNCTIONS OF THE ACTIVITY WILL BE CONDUCTED BY THE ORGANIZATION'S VOLUNTEER BOARD OF DIRECTORS. THE BOARD OF DIRECTORS WILL SPEND APPROXIMATELY A FEW HOURS EACH WEEK DEVOTED TO THE ORGANIZATION--THIS IS ESTIMATED TO BE LESS THAN 10 PERCENT OF THEIR TIME EACH. THE OFFICE AND PRIMARY LOCATION OF THE ACTIVITY WILL BE 150 WESTWOOD CIR, WAYNESVILLE, NC. FUNDING FOR THE ACTIVITY WILL BE PROVIDED THROUGH DONATIONS FROM THE GENERAL PUBLIC, ALONG WITH A STARTING SEED DONATION FROM HAYWOOD VOCATIONAL OPPORTUNITIES INC, AND FUNDRAISERS CONDUCTED BY THE ORGANIZATION'S VOLUNTEERS IN ACCORDANCE WITH THE CHARITABLE SOLICITATION GUIDELINES OF THE STATE OF NORTH CAROLINA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalAssetsEOYAmt02004465
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt02004465
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02005000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02004465
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02005000
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02004465
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0150 WESTWOOD CIR
IRS990/USAddress/CityNm0WAYNESVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028786
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECCA STAMEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PATTONS PURPOSE INC
ReturnHeader/Filer/BusinessNameControlTxt0PATT
ReturnHeader/Filer/EIN0933073145
ReturnHeader/Filer/PhoneNum08284564455
ReturnHeader/Filer/USAddress/AddressLine1Txt0150 WESTWOOD CIR
ReturnHeader/Filer/USAddress/CityNm0WAYNESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028786
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383828234
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARTER P C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 COLLEGE ST STE 320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0288012449
ReturnHeader/PreparerPersonGrp/PhoneNum08282599900
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN TOLER
ReturnHeader/ReturnTs02025-07-08T11:46:32-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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