Civic Intelligence

Watsi Inc

990 • Fiscal year 2024 • EIN 45-3236734

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 06, 2025

Organization ProfileWWW.WATSI.ORG

View Organization Page

548 Market Street 75903San Francisco, CA 94104

(256) 792-8747

Siviq Scores

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

Liabilities / Assets

46th percentile

0.04x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.04x

Higher debt load relative to revenue than 41% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

22nd percentile

-9.5%

Higher net margin than 22% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$222,991

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

20th percentile

-6.0%

Faster asset growth than 20% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

1.4%

Faster revenue growth than 38% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$2,244,629

Down $143,795 (-6.0%) from 2023

Net Assets

Down

$2,146,863

Down $213,728 (-9.1%) from 2023

Liabilities

Up

$97,766

Up $69,933 (+251%) from 2023

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin22nd percentile

Revenue

Up

$2,268,111

Up $32,161 (+1.4%) from 2023

Expenses

Up

$2,482,900

Up $559,255 (+29%) from 2023

Net Income

Down

-$214,789

Down $527,094 (-169%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$6.0M$4.0M$2.0M$0Assets 2013: $1,639,675Liabilities 2013: $33,877Net Assets 2013: $1,605,7982013Assets 2014: $2,603,050Liabilities 2014: $54,636Net Assets 2014: $2,548,4142014Assets 2015: $4,691,508Liabilities 2015: $96,049Net Assets 2015: $4,595,4592015Assets 2016: $4,158,852Liabilities 2016: $47,687Net Assets 2016: $4,111,1652016Assets 2017: $1,596,847Liabilities 2017: $25,837Net Assets 2017: $1,571,0102017Assets 2018: $3,736,564Liabilities 2018: $46,490Net Assets 2018: $3,690,0742018Assets 2019: $2,150,384Liabilities 2019: $31,082Net Assets 2019: $2,119,3022019Assets 2020: $2,405,234Liabilities 2020: $314,526Net Assets 2020: $2,090,7082020Assets 2021: $2,349,677Liabilities 2021: $127,572Net Assets 2021: $2,222,1052021Assets 2022: $2,178,054Liabilities 2022: $129,768Net Assets 2022: $2,048,2862022Assets 2023: $2,388,424Liabilities 2023: $27,833Net Assets 2023: $2,360,5912023Assets 2024: $2,244,629Liabilities 2024: $97,766Net Assets 2024: $2,146,8632024

Highlighted filing

2024

Assets$2,244,629
Liabilities$97,766
Net Assets$2,146,863
Open 2024 Filing

Operations Trend

Revenue Growth38th percentile

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

$10M$5.0M$0-$5.0MRevenue 2013: $2,230,370Expenses 2013: $650,898Net Income 2013: $1,579,4722013Revenue 2014: $3,014,372Expenses 2014: $2,071,760Net Income 2014: $942,6122014Revenue 2015: $4,555,483Expenses 2015: $2,508,438Net Income 2015: $2,047,0452015Revenue 2016: $3,359,371Expenses 2016: $3,843,665Net Income 2016: -$484,2942016Revenue 2017: $3,071,857Expenses 2017: $5,612,012Net Income 2017: -$2,540,1552017Revenue 2018: $5,597,192Expenses 2018: $3,524,399Net Income 2018: $2,072,7932018Revenue 2019: $2,443,410Expenses 2019: $3,844,774Net Income 2019: -$1,401,3642019Revenue 2020: $1,540,741Expenses 2020: $1,569,335Net Income 2020: -$28,5942020Revenue 2021: $1,638,634Expenses 2021: $1,506,874Net Income 2021: $131,7602021Revenue 2022: $1,588,745Expenses 2022: $1,762,277Net Income 2022: -$173,5322022Revenue 2023: $2,235,950Expenses 2023: $1,923,645Net Income 2023: $312,3052023Revenue 2024: $2,268,111Expenses 2024: $2,482,900Net Income 2024: -$214,7892024

Highlighted filing

2024

Revenue$2,268,111
Expenses$2,482,900
Net Income-$214,789
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$2,268,111
Mission and Program Overview

Mission

Watsi's mission is to fund healthcare by connecting people.

Watsi, inc. Is a san francisco-based 501(c(3) non-profit organization that builds technology to finance healthcare for patients around the world. Crowdfunding for healthcare is delivered to patients through global medical partners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,103,306$1,706,675▼ $396,631
Pledges and Grants Receivable$223,709$448,387▲ $224,678
Intangible Assets$38,204$38,204→ $0
Investments in Publicly Traded Securities$2,757$27,181▲ $24,424
Prepaid Expenses and Deferred Charges$9,141$12,036▲ $2,895
Savings and Temporary Cash Investments$8,846$8,956▲ $110
Land, Buildings, and Equipment, Net$2,461$3,190▲ $729
Total Assets$2,388,424$2,244,629▼ $143,795
Liabilities
Accounts Payable and Accrued Expenses$27,833$97,766▲ $69,933
Total Liabilities$27,833$97,766▲ $69,933
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,275,674$1,252,694▼ $22,980
Net Assets With Donor Restrictions$1,084,917$894,169▼ $190,748
Total Net Assets Fund Balance$2,360,591$2,146,863▼ $213,728
Total Liabilities and Net Assets / Fund Balance$2,388,424$2,244,629▼ $143,795

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,190$3,264$6,454
Other Land Buildings$0$4,066$4,066
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mackinnon EngenExecutive DirectorFT$159,179$63,812$222,991
Keenyn McfarlaneCFOPT$60,231$49,885$110,116

Board Members and Trustees

NameTitle
Margaret CorneliusChair
Chase AdamDirector
Grace GareyDirector
Raj MalikDirector
Dr Mahlet Kifle HabtemariamDirector (left 2/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Sonam SinghMarketing And Communications548 MARKET STREET, San Francisco, CA 94104$100,305
Revenue and Support

Revenue Composition

Contributions and Grants
$2,265,487
Program Service Revenue
$0
Investment Income
$31
Other Revenue
$2,593
All Other Contributions
$2,265,487
Change in Net Assets
$-214,789

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,268,111
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$16,124
Total Revenue per Audited Statements
$2,284,235
Total Revenue per Form 990
$2,268,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,590,627
Salaries, Compensation, and Employee Benefits$616,708
Other Expenses$275,565
Total Fundraising Expense$200,260
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,590,627--$1,590,627
Current Officers, Directors, Trustees, and Key Employees$204,054$67,937$61,116$333,107
Other Salaries and Wages$34,090$109,417$68,658$212,165
Fees for Services Other$134,510$3,558$10,378$148,446
Other Employee Benefits$4,393-$32,130$36,523
Other Expenses$30,395$3,033-$33,428
Payroll Taxes$14,868$5,617$12,556$33,041
Office Expenses$12,868$9,414$5,281$27,563
Travel$16,988$359$5,887$23,234
Fees for Services Accounting-$22,000-$22,000
Information Technology$11,060$3,844-$14,904
Insurance$1,576$595$1,330$3,501
Pension Plan Contributions-$297$1,575$1,872
Fees for Services Management--$1,349$1,349
Advertising-$777-$777
Depreciation Depletion-$363-$363
Total Functional Expenses$2,055,429$227,211$200,260$2,482,900

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,497,963
Expenses per Audited Statements$2,482,900
Total Expenses per Form 990$2,482,900
Expenses Not Reported on Form 990$15,063
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$1,590,627

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
AfricaMedical Treatment to Patients-00$912,415
AsiaMedical Treatment to Patients-00$557,024
AmericasMedical Treatment to Patients-00$121,188
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft form 990 is reviewed by finance committee and emailed to board for approval in advance of submission.”

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

“The conflict of interest policy is communicated to the directors and officers on a regular basis. Directors respond if there has been a change causing a conflict to arise. Directors also disclose whether or not they have any possible conflicts annually during a board meeting.”

Form 990, Part VI, Section B, Line 15

“The board approves salary of the cfo as part of the budget and makes a judgment based on fair market compensation. Watsi participates in a periodic collective of tech-nonprofits to carryout a salary landscape review. The results are used to structure watsi's executive compensation as well as across all levels of the organization. The board approves salary of the executive director as part of the budget and makes a judgment based on fair market compensation.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available on our website and all other documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Watsi Inc
EIN
45-3236734
Phone
2567928747
Address
548 MARKET STREET 75903, SAN FRANCISCO, CA 94104

Signing Officer

Name
Mackinnon Engen
Title
Executive Director
Phone
2567928747
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mackinnon Engen
Formed
2011
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
5
Volunteers
4

Preparer

Firm
Sax Llp
Address
389 INTERPACE PARKWAY STE 3, PARSIPPANY, NJ 07054
Preparer
Marqus White
Phone
9734726250
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending december 31, 2021 and later are subject to examination by applicable taxing authorities.”

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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt027833
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt097766
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WATSI, INC. IS A SAN FRANCISCO-BASED 501(C(3) NON-PROFIT ORGANIZATION THAT BUILDS TECHNOLOGY TO FINANCE HEALTHCARE FOR PATIENTS AROUND THE WORLD. CROWDFUNDING FOR HEALTHCARE IS DELIVERED TO PATIENTS THROUGH GLOBAL MEDICAL PARTNERS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0777
IRS990/AdvertisingGrp/TotalAmt0777
IRS990/AllOtherContributionsAmt02265487
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEENYN MCFARLANE
IRS990/BooksInCareOfDetail/PhoneNum02567928747
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0548 MARKET STREET 75903
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN FRANCISCO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094104
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02103306
IRS990/CashNonInterestBearingGrp/EOYAmt01706675
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt061116
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt067937
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0204054
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0333107
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0100305
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0548 MARKET STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SAN FRANCISCO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd094104
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SONAM SINGH
IRS990/ContractorCompensationGrp/ServicesDesc0MARKETING AND COMMUNICATIONS
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02265487
IRS990/CYGrantsAndSimilarPaidAmt01590627
IRS990/CYInvestmentIncomeAmt031
IRS990/CYOtherExpensesAmt0275565
IRS990/CYOtherRevenueAmt02593
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-214789
IRS990/CYSalariesCompEmpBnftPaidAmt0616708
IRS990/CYTotalExpensesAmt02482900
IRS990/CYTotalFundraisingExpenseAmt0200260
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02268111
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0363
IRS990/DepreciationDepletionGrp/TotalAmt0363
IRS990/Desc0IN 2024, WATSI CONTINUED TO GROW OUR INNOVATIVE, DIRECT, AND RADICALLY TRANSPARENT MODEL SERVING PATIENTS IN NEED OF LIFE-CHANGING HEALTHCARE. WE REACHED 43% MORE PATIENTS THAN THE PREVIOUS YEAR, LAUNCHED OUR NEW EMERGENCY SURGERY PROGRAM, EXPANDED CARE IN ETHIOPIA WITH A NEW MEDICAL PARTNERSHIP, AND SHARED OUR LEARNING TO CHAMPION PEOPLE-POWERED PHILANTHROPY ON THE GLOBAL STAGE. WATSI HAS HELPED MORE THAN 30,000 PATIENTS ACROSS 33 COUNTRIES. AGAIN THIS YEAR, WATSI RECEIVED THE HIGHEST RATINGS AWARDED BY TRUSTED REVIEWERS FOR ACCOUNTABILITY AND TRANSPARENCY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01084917
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0894169
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02055429
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022000
IRS990/FeesForServicesAccountingGrp/TotalAmt022000
IRS990/FeesForServicesManagementGrp/FundraisingAmt01349
IRS990/FeesForServicesManagementGrp/TotalAmt01349
IRS990/FeesForServicesOtherGrp/FundraisingAmt010378
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03558
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0134510
IRS990/FeesForServicesOtherGrp/TotalAmt0148446
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt01590627
IRS990/ForeignGrantsGrp/TotalAmt01590627
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt563812
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt649885
IRS990/Form990PartVIISectionAGrp/PersonNm0MARGARET CORNELIUS
IRS990/Form990PartVIISectionAGrp/PersonNm1CHASE ADAM
IRS990/Form990PartVIISectionAGrp/PersonNm2GRACE GAREY
IRS990/Form990PartVIISectionAGrp/PersonNm3RAJ MALIK
IRS990/Form990PartVIISectionAGrp/PersonNm4DR MAHLET KIFLE HABTEMARIAM
IRS990/Form990PartVIISectionAGrp/PersonNm5MACKINNON ENGEN
IRS990/Form990PartVIISectionAGrp/PersonNm6KEENYN MCFARLANE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5159179
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt660231
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (LEFT 2/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt01590627
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02268111
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03844
IRS990/InformationTechnologyGrp/ProgramServicesAmt011060
IRS990/InformationTechnologyGrp/TotalAmt014904
IRS990/InsuranceGrp/FundraisingAmt01330
IRS990/InsuranceGrp/ManagementAndGeneralAmt0595
IRS990/InsuranceGrp/ProgramServicesAmt01576
IRS990/InsuranceGrp/TotalAmt03501
IRS990/IntangibleAssetsGrp/BOYAmt038204
IRS990/IntangibleAssetsGrp/EOYAmt038204
IRS990/InvestmentIncomeGrp/ExclusionAmt031
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt031
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02757
IRS990/InvestmentsPubTradedSecGrp/EOYAmt027181
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02461
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03190
IRS990/LandBldgEquipCostOrOtherBssAmt010520
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WATSI, INC. IS A SAN FRANCISCO-BASED NON-PROFIT ORGANIZATION THAT DIRECTLY CONNECTS PEOPLE THROUGH TECHNOLOGY TO FUND LIFE-CHANGING HEALTHCARE FOR PATIENTS AROUND THE WORLD. SINCE LAUNCHING IN 2012, THE ORGANIZATION HAS HELPED MORE THAN 30,000 PATIENTS ACROSS 33 COUNTRIES. WATSI, INC.'S INNOVATIVE APPROACH HAS BEEN FEATURED BY THE BBC, THE NEW YORK TIMES, NPR, CNN, THE WALL STREET JOURNAL, AND FAST COMPANY.
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02360591
IRS990/NetAssetsOrFundBalancesEOYAmt02146863
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01061
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01275674
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01252694
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt05281
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09414
IRS990/OfficeExpensesGrp/ProgramServicesAmt012868
IRS990/OfficeExpensesGrp/TotalAmt027563
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt032130
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04393
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036523
IRS990/OtherExpensesGrp/Desc0BANK AND PAYMENT PROCES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03033
IRS990/OtherExpensesGrp/ProgramServicesAmt030395
IRS990/OtherExpensesGrp/TotalAmt033428
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02593
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02593
IRS990/OtherRevenueTotalAmt02593
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt068658
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0109417
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt034090
IRS990/OtherSalariesAndWagesGrp/TotalAmt0212165
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt012556
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05617
IRS990/PayrollTaxesGrp/ProgramServicesAmt014868
IRS990/PayrollTaxesGrp/TotalAmt033041
IRS990/PensionPlanContributionsGrp/FundraisingAmt01575
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0297
IRS990/PensionPlanContributionsGrp/TotalAmt01872
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0223709
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0448387
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09141
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012036
IRS990/PrincipalOfficerNm0MACKINNON ENGEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02229058
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01158206
IRS990/PYInvestmentIncomeAmt06892
IRS990/PYOtherExpensesAmt0180364
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0312305
IRS990/PYSalariesCompEmpBnftPaidAmt0585075
IRS990/PYTotalExpensesAmt01923645
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02235950
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-214789
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08846
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08956
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02265487
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02229058
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01588745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01638629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01400769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09122688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt031
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010587
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010623
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02593
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02593
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89650
IRS990ScheduleA/PublicSupportPY170Pct00.90930
IRS990ScheduleA/PublicSupportTotal170Amt08190335
IRS990ScheduleA/SubstantialContributorsTotAmt0932353
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02265487
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02229058
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01588745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01638629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01400769
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09122688
IRS990ScheduleA/TotalSupportAmt09135904
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/DonatedServicesAndUseFcltsAmt015063
IRS990ScheduleD/DonatedServicesUseFcltsAmt015063
IRS990ScheduleD/EquipmentGrp/BookValueAmt03190
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03264
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06454
IRS990ScheduleD/ExpensesNotReportedAmt015063
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02482900
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01061
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04066
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04066
IRS990ScheduleD/RevenueNotReportedAmt016124
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02268111
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING DECEMBER 31, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03190
IRS990ScheduleD/TotalExpensesPerForm990Amt02482900
IRS990ScheduleD/TotalRevenuePerForm990Amt02268111
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02284235
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02497963
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0557024
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1912415
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2121188
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2AMERICAS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0MEDICAL TREATMENT TO PATIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1MEDICAL TREATMENT TO PATIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2MEDICAL TREATMENT TO PATIENTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt0557024
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt1912415
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt2121188
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0STRIPE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1STRIPE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2STRIPE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0ASIA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1AFRICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2AMERICAS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0MEDICAL TREATMENT TO PATIENTS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1MEDICAL TREATMENT TO PATIENTS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2MEDICAL TREATMENT TO PATIENTS
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt01590627
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0WATSI FINANCES HEALTHCARE FOR PATIENTS AROUND THE WORLD. CROWDFUNDING FOR HEALTHCARE IS DELIVERED TO PATIENTS THROUGH GLOBAL MEDICAL PARTNERS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt01590627
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0159179
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt023000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt040812
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MACKINNON ENGEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0222991
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,244,629
Liabilities
$97,766
Net assets
$2,146,863
Revenue
$2,268,111
Expenses
$2,482,900
Net income
-$214,789
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.24$0.10$2.15$2.27$2.48$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.39$0.03$2.36$2.24$1.92$0.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.13$2.05$1.59$1.76$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.13$2.22$1.64$1.51$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.31$2.09$1.54$1.57$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.03$2.12$2.44$3.84$1.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.74$0.05$3.69$5.60$3.52$2.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.03$1.57$3.07$5.61$2.54
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.05$4.11$3.36$3.84$0.48
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$0.10$4.60$4.56$2.51$2.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.05$2.55$3.01$2.07$0.94
2013Summary only. Only limited summary data is available for this year.$1.64$0.03$1.61$2.23$0.65$1.58
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1M-$5M nonprofits