PATCH INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Tax Period

2025-01-01 to 2025-12-31

PATCH INC, founded in 2021, is a small nonprofit in the Youth Development sector that reported $318K in total revenue in fiscal year 2025.

Mission

TRANSATIONAL HOUSING - PROVIDE HOUSING FOR FELONS AND DRUG COURT PROBATIONAL PRISONERS

Program Service Accomplishments

Program 1

Expenses: $316,682

PATCH INC. CONTINUES TO COMPLY WITH ALL REQUIREMENTS DICTATED BY THE DEPARTMENT OF CORRECTIONS IN PROVIDING HOUSING AND SUPPORT FOR CONVICTED FELONS IN HALF-HOUSES IN THE CITY OF MEMPHIS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $317,695

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $317,695

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,721

Fundraising Expenses $0

Program Expenses $316,682

Other Expenses $197,961

TOTAL EXPENSES $316,682

Year-over-Year Comparison

	2025	2024	Change
Revenue	$317,695	$311,390	+0.0%
Expenses	$316,682	$330,568	0.0%
Net Income	$1,013	$-19,178	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSE FALKNER	CEO	50.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$317,695	$316,682	$458,732	$1,013
2024	$311,390	$330,573	$480,447	$-19,183
2023	$409,606	$374,829	$468,440	$34,777
2022	$296,290	$255,987	$308,258	$40,303