Civic Intelligence

Watts Learning Center Foundation Inc.

990 • Fiscal year 2012 • EIN 33-0768316

Jul 01, 2011 to Jun 30, 2012 • Filed on Apr 18, 2013

Organization ProfileWWW.WATTS LEARNINGCENTER.ORG
301 W 95th Street90003
Siviq Scores

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

Liabilities / Assets

60th percentile

0.32x

Higher debt load relative to assets than 60% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets60th percentile

Assets

$2,013,274

No earlier filing loaded for comparison.

Net Assets

$1,362,802

No earlier filing loaded for comparison.

Liabilities

$650,472

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$4,774,246

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30M$20M$10M$0Assets 2012: $2,013,274Liabilities 2012: $650,472Net Assets 2012: $1,362,8022012Assets 2013: $3,346,175Liabilities 2013: $578,793Net Assets 2013: $2,767,3822013Assets 2014: $4,374,518Liabilities 2014: $653,567Net Assets 2014: $3,720,9512014Assets 2015: $5,476,241Liabilities 2015: $782,425Net Assets 2015: $4,693,8162015Assets 2016: $7,008,881Liabilities 2016: $326,378Net Assets 2016: $6,682,5032016Assets 2017: $7,921,347Liabilities 2017: $187,620Net Assets 2017: $7,733,7272017Assets 2018: $9,247,679Liabilities 2018: $650,034Net Assets 2018: $8,597,6452018Assets 2019: $9,631,134Liabilities 2019: $262,071Net Assets 2019: $9,369,0632019Assets 2020: $11,225,256Liabilities 2020: $558,798Net Assets 2020: $10,666,4582020Assets 2021: $12,816,305Liabilities 2021: $1,464,009Net Assets 2021: $11,352,2962021Assets 2022: $15,348,896Liabilities 2022: $2,541,407Net Assets 2022: $12,807,4892022Assets 2023: $21,102,853Liabilities 2023: $7,130,347Net Assets 2023: $13,972,5062023Assets 2024: $21,813,716Liabilities 2024: $6,592,932Net Assets 2024: $15,220,7842024Assets 2025: $19,738,000Liabilities 2025: $4,446,082Net Assets 2025: $15,291,9182025

Highlighted filing

2012

Assets$2,013,274
Liabilities$650,472
Net Assets$1,362,802
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Expenses 2012: $4,774,2462012Expenses 2013: $5,559,7832013Revenue 2014: $6,921,134Expenses 2014: $5,967,565Net Income 2014: $953,5692014Revenue 2015: $7,435,555Expenses 2015: $6,462,690Net Income 2015: $972,8652015Revenue 2016: $8,905,523Expenses 2016: $6,916,836Net Income 2016: $1,988,6872016Revenue 2017: $9,704,984Expenses 2017: $8,653,760Net Income 2017: $1,051,2242017Revenue 2018: $9,985,593Expenses 2018: $9,121,675Net Income 2018: $863,9182018Revenue 2019: $11,232,582Expenses 2019: $10,461,164Net Income 2019: $771,4182019Revenue 2020: $10,740,138Expenses 2020: $9,442,743Net Income 2020: $1,297,3952020Revenue 2021: $11,641,464Expenses 2021: $10,955,626Net Income 2021: $685,8382021Revenue 2022: $13,454,698Expenses 2022: $11,999,505Net Income 2022: $1,455,1932022Revenue 2023: $14,055,682Expenses 2023: $12,890,665Net Income 2023: $1,165,0172023Revenue 2024: $15,973,975Expenses 2024: $14,725,697Net Income 2024: $1,248,2782024Revenue 2025: $15,965,288Expenses 2025: $15,894,154Net Income 2025: $71,1342025

Highlighted filing

2012

Revenue-
Expenses$4,774,246
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Apr 18, 2013
Return Version
2011v1.2
Gross Receipts
$5,134,287
Mission and Program Overview

Mission

The watts learning center will build on the success of head start and other pre-school programs by creating a culture of learning in which all stakeholders - students, parents or guardians, faculty and staff have clearly defined roles and expectations.

Filing and Contact Details

Filer

EIN
33-0768316
Raw XML AppendixShowing 400 of 496 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY0418555
IRS990/AccountsPayableAccruedExpenses/EOY0318529
IRS990/AccountsReceivable/BOY01161074
IRS990/AccountsReceivable/EOY01430411
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0THE WATTS LEARNING CENTER IS AN INDEPENDENT K-8 PUBLIC CHARTER ELEMENTARY SCHOOL IN THE INNER CITY OF LOS ANGELES. OUR GOAL IS TO PROVIDE A WORLD-CLASS EDUCATION AND TO ACHIEVE OPTIMUM LEARNING AMONG OUR STUDENTS.
IRS990/AddressPrincipalOfficerUS/AddressLine10301 W 95TH STREET
IRS990/AddressPrincipalOfficerUS/City0LOS ANGELES
IRS990/AddressPrincipalOfficerUS/State0CA
IRS990/AddressPrincipalOfficerUS/ZIPCode090003
IRS990/Advertising/ManagementAndGeneral0180
IRS990/Advertising/Total0180
IRS990/AllOtherContributions0126365
IRS990/AllOtherExpenses/ManagementAndGeneral050417
IRS990/AllOtherExpenses/ProgramServices0152525
IRS990/AllOtherExpenses/Total0202942
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/ChangesToOrganizingDocs00
IRS990/CntrbtnsRprtdFundraisingEvents015741
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral07468
IRS990/CompCurrentOfficersDirectors/ProgramServices0279312
IRS990/CompCurrentOfficersDirectors/Total0286780
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ComplianceWithBackupWitholding01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt01
IRS990/ContributionsGrantsCurrentYear05134161
IRS990/ContributionsGrantsPriorYear05001002
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval00
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DeferredRevenue/BOY044186
IRS990/DelegationOfManagementDuties00
IRS990/DepreciationDepletion/ProgramServices026783
IRS990/DepreciationDepletion/Total026783
IRS990/DescribedIn501C301
IRS990/Description0THE FOUNDATION PROVIDED OVERSIGHT OF THE ACADEMIC,FINANCIAL, HUMAN RESOURCE, MARKETING, PARENT RELATIONS, COMMUNITY RELATIONS, AND FACILITIES OF THE WATTS LEARNING CENTER (A CHARTER SCHOOL OF THE LOS ANGELES UNIFIED SCHOOL DISTRICT). THE FOUNDATION ALSO ASSISTED IN OBTAINING TEMPORARY ADVANCES, LOANS AND GRANTS FROM OTHERS WHICH WERE USED IN THE DEVELOPMENT AND DIRECT SUPPORT OF THE OPERATIONS OF THE SCHOOL. THESE RESOURCES AND ASSISTANCE ALLOWED THE SCHOOL TO OFFER INSTRUCTION FOR KINDERGARTEN AND ELEMENTARY STUDENTS DURING THE SCHOOL YEAR.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers00
IRS990/EmploymentTaxReturnsFiled01
IRS990/ExcessBenefitTransaction00
IRS990/Expense03582544
IRS990/FamilyOrBusinessRelationship01
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesAccounting/ManagementAndGeneral034045
IRS990/FeesForServicesAccounting/Total034045
IRS990/FeesForServicesManagement/ManagementAndGeneral0137400
IRS990/FeesForServicesManagement/Total0137400
IRS990/FeesForServicesOther/ManagementAndGeneral0119809
IRS990/FeesForServicesOther/ProgramServices0498183
IRS990/FeesForServicesOther/Total0617992
IRS990/FinancialStatementConsolidated0X
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek02.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek140.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek22.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek32.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek42.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek52.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek640.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek740.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek840.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek940.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1040.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1140.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/NamePerson0EUGENE FISHER
IRS990/Form990PartVIISectionA/NamePerson1SANDRA PORTER FISHER
IRS990/Form990PartVIISectionA/NamePerson2DR OWEN KNOX
IRS990/Form990PartVIISectionA/NamePerson3JUSTIN SANDERS
IRS990/Form990PartVIISectionA/NamePerson4DAVID MORA
IRS990/Form990PartVIISectionA/NamePerson5DARELL SCHREGARDUS PHD
IRS990/Form990PartVIISectionA/NamePerson6CORDIYA BUTLER
IRS990/Form990PartVIISectionA/NamePerson7JESSICA NEUMANN
IRS990/Form990PartVIISectionA/NamePerson8GAYLE WINDOM
IRS990/Form990PartVIISectionA/NamePerson9KATHERINE NELSON
IRS990/Form990PartVIISectionA/NamePerson10REGINALD BRUNSON
IRS990/Form990PartVIISectionA/NamePerson11LINDA MOORE
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/Officer5X
IRS990/Form990PartVIISectionA/Officer6X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/OtherCompensation110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization17468
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization618750
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization770970
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization829700
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization965392
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1037000
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1157500
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs110
IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1TREASURER/EXECUTIVE DIR
IRS990/Form990PartVIISectionA/Title2MEMBER
IRS990/Form990PartVIISectionA/Title3MEMBER
IRS990/Form990PartVIISectionA/Title4MEMBER
IRS990/Form990PartVIISectionA/Title5MEMBER
IRS990/Form990PartVIISectionA/Title6PRINCIPAL
IRS990/Form990PartVIISectionA/Title7ASSISTANT PRINCIPAL
IRS990/Form990PartVIISectionA/Title8PRINCIPAL
IRS990/Form990PartVIISectionA/Title9PRINCIPAL
IRS990/Form990PartVIISectionA/Title10ASSISTANT PRINCIPAL
IRS990/Form990PartVIISectionA/Title11PRINCIPAL
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FundraisingActivities01
IRS990/FundraisingDirectExpenses0126
IRS990/FundraisingEvents015741
IRS990/FundsToPayPremiums00
IRS990/Gaming00
IRS990/GovernmentGrants04992055
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossIncomeFundraisingEvents0126
IRS990/GrossReceipts05134287
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt00
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/Insurance/ManagementAndGeneral021423
IRS990/Insurance/Total021423
IRS990/Interest/ManagementAndGeneral07531
IRS990/Interest/Total07531
IRS990/InvestmentIncomeCurrentYear00
IRS990/InvestmentIncomePriorYear052183
IRS990/InvestmentInJointVenture00
IRS990/LandBldgEquipmentAccumDeprec0121514
IRS990/LandBuildingsEquipmentBasis0180247
IRS990/LandBuildingsEquipmentBasisNet/BOY077671
IRS990/LandBuildingsEquipmentBasisNet/EOY058733
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0THE WATTS LEARNING CENTER WILL BUILD ON THE SUCCESS OF HEAD START AND OTHER PRE-SCHOOL PROGRAMS BY CREATING A CULTURE OF LEARNING IN WHICH ALL STAKEHOLDERS - STUDENTS, PARENTS OR GUARDIANS, FACULTY AND STAFF - HAVE CLEARLY DEFINED ROLES AND EXPECTATIONS
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/EOY0150000
IRS990/NameOfPrincipalOfficerPerson0EUGENE L FISHER
IRS990/NbrIndependentVotingMembers07
IRS990/NbrVotingGoverningBodyMembers09
IRS990/NbrVotingMembersGoverningBody09
IRS990/NetAssetsOrFundBalancesBOY01002887
IRS990/NetAssetsOrFundBalancesEOY01362802
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn00
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096047
IRS990/NumberIndependentVotingMembers07
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees094
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral0410325
IRS990/Occupancy/Total0410325
IRS990/OfficeExpenses/ManagementAndGeneral072109
IRS990/OfficeExpenses/Total072109
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY00
IRS990/OtherAssetsTotal/EOY0181943
IRS990/OtherEmployeeBenefits/ProgramServices0312912
IRS990/OtherEmployeeBenefits/Total0312912
IRS990/OtherExpensePriorYear02352429
IRS990/OtherExpensesCurrentYear02124670
IRS990/OtherExpenses/Description0STUDENT NUTRITION
IRS990/OtherExpenses/Description1SPECIAL EDUCATION FEE
IRS990/OtherExpenses/Description2REPAIRS AND MAINTENANCE
IRS990/OtherExpenses/Description3EQUIPMENT
IRS990/OtherExpenses/ManagementAndGeneral067366
IRS990/OtherExpenses/ProgramServices0342900
IRS990/OtherExpenses/ProgramServices1116251
IRS990/OtherExpenses/ProgramServices264218
IRS990/OtherExpenses/Total0342900
IRS990/OtherExpenses/Total1116251
IRS990/OtherExpenses/Total267366
IRS990/OtherExpenses/Total364218
IRS990/OtherLiabilities/BOY00
IRS990/OtherLiabilities/EOY0181943
IRS990/OtherRevenueCurrentYear00
IRS990/OtherRevenuePriorYear017677
IRS990/OtherSalariesAndWages/ManagementAndGeneral0260424
IRS990/OtherSalariesAndWages/ProgramServices01519150
IRS990/OtherSalariesAndWages/Total01779574
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/ProgramServices0270310
IRS990/PayrollTaxes/Total0270310
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY040268
IRS990/PrepaidExpensesDeferredCharges/EOY018497
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenueCY00
IRS990/ProgramServiceRevenuePriorYear00
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0359915
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity01
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets01
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/RevenuesLessExpensesCY0359915
IRS990/RevenuesLessExpensesPriorYear0146556
IRS990/SalariesEtcCurrentYear02649576
IRS990/SalariesEtcPriorYear02571877
IRS990/SavingsAndTempCashInvestments/BOY0186615
IRS990/SavingsAndTempCashInvestments/EOY0323690
IRS990ScheduleA/School170b1Aii0X
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/ExcessOrDeficitForYear0359915
IRS990ScheduleD/ExcessOrDeficitPerFS0359915
IRS990ScheduleD/ExpensesNotRptdF9900126
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal04774246
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE CORPORATION AND THE LLC HAVE ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1SPECIAL EVENTS-DIRECT EXPENSE 126.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2SPECIAL EVENTS-DIRECT EXPENSE 126.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2PART XIII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
IRS990ScheduleD/OtherAssets/BookValue0181943
IRS990ScheduleD/OtherAssets/Description0INTERCOMPANY RECEIVABLE
IRS990ScheduleD/OtherExpensesIncluded0126
IRS990ScheduleD/OtherLandBuildings/BookValue058733
IRS990ScheduleD/OtherLandBuildings/Depreciation0121514
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis0180247
IRS990ScheduleD/OtherLiabilities/Amount0181943
IRS990ScheduleD/OtherLiabilities/Description0INTERCOMPANY PAYABLE
IRS990ScheduleD/OtherRevenues0126
IRS990ScheduleD/RevenueNotRptdF9900126
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal05134161
IRS990ScheduleD/TotalBookValueOtherAssets0181943
IRS990ScheduleD/TotalExpenses04774246
IRS990ScheduleD/TotalExpensesPerForm99004774246
IRS990ScheduleD/TotalOfAmounts0181943
IRS990ScheduleD/TotalOfBookValueLandBuildings058733
IRS990ScheduleD/TotalRevenue05134161
IRS990ScheduleD/TotalRevenuePerForm99005134161
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt04774372
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt05134287
IRS990ScheduleE/ComplianceWithRevProc755000
IRS990ScheduleE/DiscriminateRaceAdmissPolicies00
IRS990ScheduleE/DiscriminateRaceAthleticProg00
IRS990ScheduleE/DiscriminateRaceEducPolicies00
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty00
IRS990ScheduleE/DiscriminateRaceOtherActy00
IRS990ScheduleE/DiscriminateRaceScholarships00
IRS990ScheduleE/DiscriminateRaceStudentsRights00
IRS990ScheduleE/DiscriminateRaceUseOfFclts00
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0ENROLLMENT PACKAGES
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1CALIFORNIA PUBLIC CHARTER SCHOOL NO FINANCIAL ASSISTANCE AWARDED.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation2CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF DOCUMENT RETENTION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier2EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference2SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/GovernmentFinancialAidReceived01
IRS990ScheduleE/GovernmentFinancialAidRevoked00
IRS990ScheduleE/MaintCopiesOfAllSolicitations01
IRS990ScheduleE/MaintCopiesOfBrochuresEtc01
IRS990ScheduleE/MaintRacialCompositionRecords01
IRS990ScheduleE/MaintScholarshipsRecords00
IRS990ScheduleE/NondiscriminatoryPolicyStmt01
IRS990ScheduleE/PolicyPublViaBroadcastMedia01
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent1015741
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal015741
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents0126
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1015867
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal015867
IRS990ScheduleG/EventsInformation/GrossRevenueEvent10126
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents0126
IRS990ScheduleG/EventsInformation/NameOfEvent10PASSPORT TO THE WORLD
IRS990ScheduleG/EventsInformation/NetIncomeSummary00
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent10126
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents0126
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0EUGENE FISHER, BOARD MEMBER AND SANDRA FISHER, EXECUTIVE DIRECTOR ARE MARRIED
IRS990ScheduleO/GeneralExplanation/Explanation1THE FORM 990 WILL BE GIVEN TO THE BOARD MEMBERS FOR REVIEW AND APPROVAL
IRS990ScheduleO/GeneralExplanation/Explanation2ALL MEMBERS MUST DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST, WHICH ARE MONITORED BY 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.
IRS990ScheduleO/GeneralExplanation/Explanation3BOARD COMMITTEE REVIEWED COMPARABLE NON-PROFIT EDUCATION SALARIES BEFORE DETERMINING EXECUTIVE DIRECTOR AND PRINCIPAL'S SALARIES
IRS990ScheduleO/GeneralExplanation/Explanation4ALL TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION
IRS990ScheduleO/GeneralExplanation/Explanation5ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10310 WEST 95TH STREET
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0LOS ANGELES
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0CA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode090003
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine10WATTS LEARNING CENTER INC
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0CA
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10310 WEST 95TH STREET LLC
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0BUILDING LEASE
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg00
IRS990ScheduleR/ReimbursementPaidToOtherOrg00
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs01
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
IRS990ScheduleR/SharingOfFacilities00
IRS990ScheduleR/SharingOfPaidEmployees00
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved0346799

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,013,274
Liabilities
$650,472
Net assets
$1,362,802
Revenue
-
Expenses
$4,774,246
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.7$4.45$15.3$16.0$15.9$0.07
2024Detailed filing. Detailed filing data is available for this year.$21.8$6.59$15.2$16.0$14.7$1.25
2023Detailed filing. Detailed filing data is available for this year.$21.1$7.13$14.0$14.1$12.9$1.17
2022Detailed filing. Detailed filing data is available for this year.$15.3$2.54$12.8$13.5$12.0$1.46
2021Detailed filing. Detailed filing data is available for this year.$12.8$1.46$11.4$11.6$11.0$0.69
2020Detailed filing. Detailed filing data is available for this year.$11.2$0.56$10.7$10.7$9.44$1.30
2019Detailed filing. Detailed filing data is available for this year.$9.63$0.26$9.37$11.2$10.5$0.77
2018Detailed filing. Detailed filing data is available for this year.$9.25$0.65$8.60$9.99$9.12$0.86
2017Detailed filing. Detailed filing data is available for this year.$7.92$0.19$7.73$9.70$8.65$1.05
2016Detailed filing. Detailed filing data is available for this year.$7.01$0.33$6.68$8.91$6.92$1.99
2015Detailed filing. Detailed filing data is available for this year.$5.48$0.78$4.69$7.44$6.46$0.97
2014Detailed filing. Detailed filing data is available for this year.$4.37$0.65$3.72$6.92$5.97$0.95
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.58$2.77$5.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.65$1.36$4.77