Watertown Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 198,436 | 178,879 | 19,557 | 242.4 | 0% |
| 2020 | 197,939 | 174,123 | 23,816 | 282.5 | 0% |
| 2021 | 244,766 | 187,038 | 57,728 | 312.5 | 0% |
| 2022 | 411,693 | 206,282 | 205,411 | 240.8 | 0% |
| 2023 | 474,165 | 218,576 | 255,589 | 245.1 | 0% |
In its most recent public year (2023), this organization brought in $255,589 more than it spent. Its reserves stood at about 245.1 months of spending, up from 242.4 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 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
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