PATCH Inc (EIN 571104997) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

Clara Lesesne

Phone

8437441249

Tax Period

2022-01-01 to 2022-12-31

PATCH Inc, founded in 2000, is a small nonprofit in the Mental Health sector that reported $244K in total revenue in fiscal year 2022. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

Provide training for nursing aids to become employed in the medical field

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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 (2022)

Revenue Breakdown

Contributions & Grants $250

Program Service Revenue $244,025

Investment Income $0

Other Revenue $0

TOTAL REVENUE $244,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,483

Fundraising Expenses $7,586

Program Expenses $220,935

Other Expenses $154,760

TOTAL EXPENSES $262,243

Year-over-Year Comparison

	2022	2021	Change
Revenue	$244,275	$324,419	-0.2%
Expenses	$262,243	$300,732	-0.1%
Net Income	$-17,968	$23,687	-1.8%

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

$6,087

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Clara Lesesne	Administrator	2.00	Director	$4,046	$0	$4,046
Theron Jared Lesesne	Board Member	10.00	Director	$2,041	$0	$2,041
Nancy Bennett-Sanders	Board Member	1.00	Director	$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
2022	$244,275	$262,243	$66,780	$-17,968
2021	$324,419	$300,732	$66,956	$23,687

PATCH Inc