Watts Learning Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,070,862 | 4,924,306 | 146,556 | 2.4 | 42% |
| 2012 | 5,134,161 | 4,774,246 | 359,915 | 3.4 | 43% |
| 2013 | 6,964,363 | 5,559,783 | 1,404,580 | 6.0 | 41% |
| 2014 | 6,921,134 | 5,967,565 | 953,569 | 7.5 | 41% |
| 2015 | 7,435,555 | 6,462,690 | 972,865 | 8.7 | 41% |
| 2016 | 8,905,523 | 6,916,836 | 1,988,687 | 11.6 | 46% |
| 2017 | 9,704,984 | 8,653,760 | 1,051,224 | 10.7 | 41% |
| 2018 | 9,985,593 | 9,121,675 | 863,918 | 11.3 | 41% |
| 2019 | 11,232,582 | 10,461,164 | 771,418 | 10.7 | 41% |
| 2020 | 10,740,138 | 9,442,743 | 1,297,395 | 13.6 | 47% |
| 2021 | 11,641,464 | 10,955,626 | 685,838 | 12.4 | 44% |
| 2022 | 13,454,698 | 11,999,505 | 1,455,193 | 12.8 | 46% |
| 2023 | 14,055,682 | 12,890,665 | 1,165,017 | 13.0 | 43% |
In its most recent public year (2023), this organization brought in $1,165,017 more than it spent. Its reserves stood at about 13 months of spending, up from 2.4 in 2011. Staff pay was 43% 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 2023. 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
Watts Learning Center Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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