Civic Intelligence

Watts Learning Center Foundation Inc.

990 • Fiscal year 2015 • EIN 33-0768316

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 29, 2016

310 W 95th StreetLos Angeles, CA 90003

(323) 754-9900

Siviq Scores

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

Liabilities / Assets

46th percentile

0.14x

Higher debt load relative to assets than 46% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

37th percentile

0.11x

Higher debt load relative to revenue than 37% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

72nd percentile

13%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

62nd percentile

$147,663

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

87th percentile

25%

Faster asset growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

7.4%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$5,476,241

Up $1,101,723 (+25%) from 2014

Net Assets

Up

$4,693,816

Up $972,865 (+26%) from 2014

Liabilities

Up

$782,425

Up $128,858 (+20%) from 2014

Revenue

Up

$7,435,555

Up $514,421 (+7.4%) from 2014

Expenses

Up

$6,462,690

Up $495,125 (+8.3%) from 2014

Net Income

Up

$972,865

Up $19,296 (+2.0%) from 2014

Historical Trend

Balance Sheet Trend

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

2015

Assets$5,476,241
Liabilities$782,425
Net Assets$4,693,816

Operations Trend

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

2015

Revenue$7,435,555
Expenses$6,462,690
Net Income$972,865
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 29, 2016
Return Version
2014v6.0
Gross Receipts
$7,435,555
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.

The watts learning center is an independent public charter elementary and middle 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,833,227$4,131,766▲ $1,298,539
Accounts Receivable$1,443,764$805,082▼ $638,682
Land, Buildings, and Equipment, Net$81,134$113,862▲ $32,728
Prepaid Expenses and Deferred Charges$16,393$43,364▲ $26,971
Total Assets$4,374,518$5,476,241▲ $1,101,723
Other Assets Total$0$382,167▲ $382,167
Liabilities
Accounts Payable and Accrued Expenses$585,441$417,723▼ $167,718
Other Liabilities$0$364,702▲ $364,702
Deferred Revenue$68,126--
Total Liabilities$653,567$782,425▲ $128,858
Net Assets / Fund Balance
Unrestricted Net Assets$3,600,998$4,568,562▲ $967,564
Temporarily Rstr Net Assets$119,953$125,254▲ $5,301
Total Net Assets Fund Balance$3,720,951$4,693,816▲ $972,865
Total Liabilities and Net Assets / Fund Balance$4,374,518$5,476,241▲ $1,101,723

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$113,862$194,332$308,194
Other Assets Org$382,167--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gayle WindomDirector-middle SchoolFT$126,185$21,478$147,663
Kelly BaptisteDirector-elementary SchoolFT$104,547$29,242$133,789

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
StarAfter School Program10117 W JEFFERSON BVD, Culver City, CA 90232$291,159
Preferred Meal System INCFood Service8152 SOLUTIONS CENTER, Chicago, IL 60677$229,650
Better 4 You BreakfastFood Service3450 WILSHIRE BLVD SUITE 108, Los Angeles, CA 90010$196,994
Comprehensive Therapy Assoc INCSpecial Education111 N JACKSON ST 202, Glendale, CA 91206$142,122
Revenue and Support

Revenue Composition

Contributions and Grants
$7,435,555
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$96,530
Change in Net Assets
$972,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,504,808
Other Expenses$2,957,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,109,009$338,349-$2,447,358
Fees for Services Other$566,409$87,295-$653,704
Occupancy-$548,679-$548,679
Other Employee Benefits$418,928--$418,928
Payroll Taxes$411,622--$411,622
All Other Expenses$56,503$341,199-$397,702
Current Officers, Directors, Trustees, and Key Employees$181,520$45,380-$226,900
Fees for Services Accounting-$185,913-$185,913
Other Expenses$127,264--$127,264
Office Expenses-$38,813-$38,813
Depreciation Depletion$35,824--$35,824
Insurance-$22,426-$22,426
Travel-$22,299-$22,299
Total Functional Expenses$4,832,337$1,630,353$0$6,462,690
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$364,702
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 2

Eugene fisher, board member and sandra fisher, executive director are married

Form 990, Part VI, Section B, Line 11

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

Form 990, Part VI, Section B, Line 12C

All 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.

Form 990, Part VI, Section B, Line 15

Board committee reviewed comparable non-profit education salaries before determining executive director and principal's salaries

Form 990, Part VI, Section C, Line 18

All tax returns are available upon request at the organization's location

Form 990, Part VI, Section C, Line 19

All governing documents, policies, and financial statements are available upon request at the organization's location during normal business hours.

Filing and Contact Details

Filer

Filer Name
Watts Learning Center Foundation
EIN
33-0768316
Phone
3237549900
Address
310 W 95TH STREET, LOS ANGELES, CA 90003

Signing Officer

Name
Eugene L Fisher
Title
President
Phone
3237549900
Signed
2016-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eugene L Fisher
Formed
1997
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
94
Volunteers
0

Preparer

Firm
Vavrinektrineday & Co Llp
Address
10681 FOOTHILL BLVD SUITE 300, RANCHO CUCAMONGA, CA 91730
Preparer
Matthew S Miller
Phone
9094664410
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants: program service expenses 566,409. Management and general expenses 87,295. Fundraising expenses 0. Total expenses 653,704.

Financial Statement Notes

PART X, LINE 2:

The 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.

Raw XML AppendixShowing 400 of 495 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR-ELEMENTARY SCHOOL
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt081134
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IRS990/LandBldgEquipCostOrOtherBssAmt0308194
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt04693816
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0548679
IRS990/OccupancyGrp/TotalAmt0548679
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038813
IRS990/OfficeExpensesGrp/TotalAmt038813
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0382167
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0418928
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0418928
IRS990/OtherExpensesGrp/Desc0STUDENT NUTRITION
IRS990/OtherExpensesGrp/Desc1EQUIPMENT
IRS990/OtherExpensesGrp/Desc2SPECIAL EDUCATION FEE
IRS990/OtherExpensesGrp/Desc3TEXTBOOKS AND INSTRUCTI
IRS990/OtherExpensesGrp/ProgramServicesAmt0506656
IRS990/OtherExpensesGrp/ProgramServicesAmt1252239
IRS990/OtherExpensesGrp/ProgramServicesAmt2166363
IRS990/OtherExpensesGrp/ProgramServicesAmt3127264
IRS990/OtherExpensesGrp/TotalAmt0506656
IRS990/OtherExpensesGrp/TotalAmt1252239
IRS990/OtherExpensesGrp/TotalAmt2166363
IRS990/OtherExpensesGrp/TotalAmt3127264
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0364702
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0338349
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02109009
IRS990/OtherSalariesAndWagesGrp/TotalAmt02447358
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0411622
IRS990/PayrollTaxesGrp/TotalAmt0411622
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016393
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt043364
IRS990/PrincipalOfficerNm0EUGENE L FISHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06921134
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
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IRS990/PYSalariesCompEmpBnftPaidAmt03186454
IRS990/PYTotalExpensesAmt05967565
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06921134
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0972865
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt04131766
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06921134
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06964363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05133981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05001002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt031456035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052183
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt052183
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt017677
IRS990ScheduleA/PublicSupportCY170Pct00.99830
IRS990ScheduleA/PublicSupportPY170Pct00.98650
IRS990ScheduleA/PublicSupportTotal170Amt031456035
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07435555
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06964363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05133981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05001002
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt031456035
IRS990ScheduleA/TotalSupportAmt031508218
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0382167
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTERCOMPANY RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0113862
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0194332
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0308194
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0364702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0113862
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0382167
IRS990ScheduleD/TotalLiabilityAmt0364702
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ENROLLMENT PACKAGES
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1CALIFORNIA PUBLIC CHARTER SCHOOL NO FINANCIAL ASSISTANCE AWARDED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EUGENE FISHER, BOARD MEMBER AND SANDRA FISHER, EXECUTIVE DIRECTOR ARE MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WILL BE GIVEN TO THE BOARD MEMBERS FOR REVIEW AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL 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/SupplementalInformationDetail/ExplanationTxt3BOARD COMMITTEE REVIEWED COMPARABLE NON-PROFIT EDUCATION SALARIES BEFORE DETERMINING EXECUTIVE DIRECTOR AND PRINCIPAL'S SALARIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTANTS: PROGRAM SERVICE EXPENSES 566,409. MANAGEMENT AND GENERAL EXPENSES 87,295. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 653,704.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WATTS LEARNING CENTER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0261910610
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORTING ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0310 W 95TH ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOS ANGELES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090003
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00

Document Assets

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Filings

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