Dennis A And Julia M Watkins Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 115,144 | 102,971 | 12,173 | 65.5 | 0% |
| 2020 | 12,543 | 60,850 | −48,307 | 104.3 | 0% |
In its most recent public year (2020), this organization spent $48,307 more than it brought in. Its reserves stood at about 104.3 months of spending, up from 65.5 in 2019. Staff pay was 0% 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 2020. 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
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