Civic Intelligence

Watts Learning Center Inc

990 • Fiscal year 2025 • EIN 26-1910610

Jul 01, 2024 to Jun 30, 2025 • Filed on Jan 30, 2026

Organization ProfileN/A
310 W 95th StLos Angeles, CA 90003

(323) 754-9900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.74x

Higher debt load relative to assets than 90% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

99th percentile

15.33x

Higher debt load relative to revenue than 99% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

9th percentile

-22%

Higher net margin than 9% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

26th percentile

-1.9%

Faster asset growth than 26% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

35th percentile

-0.0%

Faster revenue growth than 35% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$8,903,806

Down $170,636 (-1.9%) from 2024

Net Assets

Down

$2,271,864

Down $93,510 (-4.0%) from 2024

Liabilities

Down

$6,631,942

Down $77,126 (-1.1%) from 2024

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

Down

$432,620

Down $49 (-0.0%) from 2024

Expenses

Down

$526,130

Down $51,219 (-8.9%) from 2024

Net Income

Up

-$93,510

Up $51,170 (+35%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2013: $6,731,644Liabilities 2013: $4,476,259Net Assets 2013: $2,255,3852013Assets 2014: $6,631,159Liabilities 2014: $4,341,433Net Assets 2014: $2,289,7262014Assets 2015: $6,803,537Liabilities 2015: $4,480,434Net Assets 2015: $2,323,1032015Assets 2016: $6,909,566Liabilities 2016: $4,256,438Net Assets 2016: $2,653,1282016Assets 2017: $9,432,095Liabilities 2017: $6,658,838Net Assets 2017: $2,773,2572017Assets 2018: $10,206,210Liabilities 2018: $7,458,888Net Assets 2018: $2,747,3222018Assets 2019: $10,011,296Liabilities 2019: $7,326,931Net Assets 2019: $2,684,3652019Assets 2020: $9,811,622Liabilities 2020: $7,183,672Net Assets 2020: $2,627,9502020Assets 2021: $9,611,649Liabilities 2021: $7,035,820Net Assets 2021: $2,575,8292021Assets 2022: $9,471,730Liabilities 2022: $6,941,492Net Assets 2022: $2,530,2382022Assets 2023: $9,337,036Liabilities 2023: $6,826,982Net Assets 2023: $2,510,0542023Assets 2024: $9,074,442Liabilities 2024: $6,709,068Net Assets 2024: $2,365,3742024Assets 2025: $8,903,806Liabilities 2025: $6,631,942Net Assets 2025: $2,271,8642025

Highlighted filing

2025

Assets$8,903,806
Liabilities$6,631,942
Net Assets$2,271,864
Open 2025 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2013: $318,8392013Revenue 2014: $347,299Expenses 2014: $312,958Net Income 2014: $34,3412014Revenue 2015: $346,800Expenses 2015: $313,423Net Income 2015: $33,3772015Revenue 2016: $741,083Expenses 2016: $411,058Net Income 2016: $330,0252016Revenue 2017: $431,562Expenses 2017: $311,433Net Income 2017: $120,1292017Revenue 2018: $420,006Expenses 2018: $445,941Net Income 2018: -$25,9352018Revenue 2019: $420,009Expenses 2019: $482,966Net Income 2019: -$62,9572019Revenue 2020: $420,017Expenses 2020: $476,432Net Income 2020: -$56,4152020Revenue 2021: $420,003Expenses 2021: $472,124Net Income 2021: -$52,1212021Revenue 2022: $420,012Expenses 2022: $465,603Net Income 2022: -$45,5912022Revenue 2023: $429,463Expenses 2023: $449,647Net Income 2023: -$20,1842023Revenue 2024: $432,669Expenses 2024: $577,349Net Income 2024: -$144,6802024Revenue 2025: $432,620Expenses 2025: $526,130Net Income 2025: -$93,5102025

Highlighted filing

2025

Revenue$432,620
Expenses$526,130
Net Income-$93,510
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 30, 2026
Return Version
2024v5.0
Gross Receipts
$432,620
Mission and Program Overview

Mission

Watts learning center inc.'s primary purpose is the financing, development, leasing and maintenance of school educational facilities for the support of watts learning center foundation.

Watts learning center inc.'s primary purpose is the financing,development, leasing and maintenance of school educational facilities for the support of watts learning center foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,983,913$8,789,230▼ $194,683
Savings and Temporary Cash Investments$25,306$75,596▲ $50,290
Prepaid Expenses and Deferred Charges$32,680$32,680→ $0
Accounts Receivable$9,450$6,300▼ $3,150
Total Assets$9,074,442$8,903,806▼ $170,636
Other Assets Total$23,093--
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,672,918--
Unsecured Notes Loans Payable-$6,595,892-
Deferred Revenue$36,050$36,050→ $0
Accounts Payable and Accrued Expenses$100--
Total Liabilities$6,709,068$6,631,942▼ $77,126
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,365,374$2,271,864▼ $93,510
Total Net Assets Fund Balance$2,365,374$2,271,864▼ $93,510
Total Liabilities and Net Assets / Fund Balance$9,074,442$8,903,806▼ $170,636

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,289,230$2,444,943$9,734,173
Land$1,500,000-$1,500,000
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Eugene L FisherPresident
Justin SandersMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$432,620
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-93,510
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$526,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$315,135-$315,135
Depreciation Depletion-$194,683-$194,683
Other Expenses-$9,512-$9,512
Fees for Services Accounting-$6,800-$6,800
Total Functional Expenses$0$526,130$0$526,130
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 8B

“The organization does not have a committee with authority to act on its behalf.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 will be given to the board members for review and approval.”

Form 990, Page 6, Part VI, Line 12C

“All members must disclose annaually any conflicts of interest, which are monitored be the executive director and the board. If a conflict arises the board member is asked to excuse himself or herself from all discussions and voting on the issue.”

Form 990, Page 6, Part VI, Line 19

“All governing documents, policies,financials statements and tax returns are available upon request at the organization's location's during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Watts Learning Center Inc
EIN
26-1910610
Address
310 W 95TH ST, LOS ANGELES, CA 90003

Signing Officer

Name
Eugene L Fisher
Title
President
Signed
2026-01-30

Organization Details

Principal Officer
Eugene L Fisher
Formed
2007
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Silva & Silva Cpas
Address
3040 SATURN ST STE 107, BREA, CA 92821
Preparer
Lisa Silva CPA
Phone
7143224672
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Management believes that the organization has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS MUST DISCLOSE ANNAUALLY ANY CONFLICTS OF INTEREST, WHICH ARE MONITORED BE THE EXECUTIVE DIRECTOR AND THE BOARD. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL DISCUSSIONS AND VOTING ON THE ISSUE.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EUGENE L FISHER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-30
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ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA SILVA CPA
ReturnHeader/ReturnTs02026-02-13T19:40:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,903,806
Liabilities
$6,631,942
Net assets
$2,271,864
Revenue
$432,620
Expenses
$526,130
Net income
-$93,510
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.90$6.63$2.27$0.43$0.53$0.09
2024Detailed filing. Detailed filing data is available for this year.$9.07$6.71$2.37$0.43$0.58$0.14
2023Detailed filing. Detailed filing data is available for this year.$9.34$6.83$2.51$0.43$0.45$0.02
2022Detailed filing. Detailed filing data is available for this year.$9.47$6.94$2.53$0.42$0.47$0.05
2021Detailed filing. Detailed filing data is available for this year.$9.61$7.04$2.58$0.42$0.47$0.05
2020Detailed filing. Detailed filing data is available for this year.$9.81$7.18$2.63$0.42$0.48$0.06
2019Detailed filing. Detailed filing data is available for this year.$10.0$7.33$2.68$0.42$0.48$0.06
2018Detailed filing. Detailed filing data is available for this year.$10.2$7.46$2.75$0.42$0.45$0.03
2017Detailed filing. Detailed filing data is available for this year.$9.43$6.66$2.77$0.43$0.31$0.12
2016Detailed filing. Detailed filing data is available for this year.$6.91$4.26$2.65$0.74$0.41$0.33
2015Detailed filing. Detailed filing data is available for this year.$6.80$4.48$2.32$0.35$0.31$0.03
2014Detailed filing. Detailed filing data is available for this year.$6.63$4.34$2.29$0.35$0.31$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.73$4.48$2.26$0.32