Justin J Watt Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 179,641 | 119,615 | 60,026 | 7.8 | — |
| 2013 | 662,477 | 311,069 | 351,408 | 16.6 | 0% |
| 2014 | 685,813 | 378,245 | 307,568 | 23.4 | 0% |
| 2015 | 1,232,572 | 923,191 | 309,381 | 13.6 | 7% |
| 2016 | 1,237,182 | 834,356 | 402,826 | 21.0 | 4% |
| 2017 | 1,097,667 | 959,060 | 138,607 | 20.4 | 7% |
| 2018 | 43,130,747 | 32,095,458 | 11,035,289 | 4.7 | 0% |
| 2019 | 1,006,545 | 12,592,862 | −11,586,317 | 1.1 | 0% |
| 2020 | 1,613,792 | 1,171,463 | 442,329 | 16.4 | 5% |
| 2021 | 159,776 | 361,587 | −201,811 | 48.0 | 8% |
| 2022 | 94,128 | 225,935 | −131,807 | 65.8 | 12% |
| 2023 | 723,657 | 258,135 | 465,522 | 80.3 | 11% |
| 2024 | 625,226 | 296,196 | 329,030 | 84.3 | 9% |
In its most recent public year (2024), this organization brought in $329,030 more than it spent. Its reserves stood at about 84.3 months of spending, up from 7.8 in 2012. Staff pay was 9% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Justin J Watt Foundation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works