Civic Intelligence

The Watts Family Foundation

990PF • Fiscal year 2016 • EIN 46-1834414

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 14, 2017

Organization Profile
18 Broughton RoadCharleston, SC 29407

(704) 560-1819

Siviq Scores

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

Liabilities / Assets

55th percentile

0.08x

Higher debt load relative to assets than 55% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

84th percentile

0.75x

Higher debt load relative to revenue than 84% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

2016 filings • $1M-$5M nonprofits • Source year 2016

Asset Growth

45th percentile

-0.2%

Faster asset growth than 45% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

6th percentile

-61%

Faster revenue growth than 6% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$2,238,609

Down $4,361 (-0.2%) from 2015

Net Assets

Up

$2,061,137

Up $37,131 (+1.8%) from 2015

Liabilities

Down

$177,472

Down $41,492 (-19%) from 2015

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin74th percentile

Revenue

Down

$236,900

Down $376,210 (-61%) from 2015

Expenses

Down

$199,769

Down $228,808 (-53%) from 2015

Net Income

Down

$37,131

Down $147,402 (-80%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$6.0M$4.0M$2.0M$0Assets 2014: $1,839,473Liabilities 2014: $0Net Assets 2014: $1,839,4732014Assets 2015: $2,242,970Liabilities 2015: $218,964Net Assets 2015: $2,024,0062015Assets 2016: $2,238,609Liabilities 2016: $177,472Net Assets 2016: $2,061,1372016Assets 2017: $2,900,397Liabilities 2017: $0Net Assets 2017: $2,900,3972017Assets 2018: $3,150,580Liabilities 2018: $0Net Assets 2018: $3,150,5802018Assets 2019: $3,354,443Liabilities 2019: $7,216Net Assets 2019: $3,347,2272019Assets 2020: $4,199,209Liabilities 2020: $7,085Net Assets 2020: $4,192,1242020Assets 2021: $4,180,431Liabilities 2021: $7,186Net Assets 2021: $4,173,2452021Assets 2022: $3,982,620Liabilities 2022: $0Net Assets 2022: $3,982,6202022Assets 2023: $4,088,229Liabilities 2023: $0Net Assets 2023: $4,088,2292023Assets 2024: $3,662,284Liabilities 2024: $0Net Assets 2024: $3,662,2842024

Highlighted filing

2016

Assets$2,238,609
Liabilities$177,472
Net Assets$2,061,137
Open 2016 Filing

Operations Trend

Revenue Growth6th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $1,197,389Expenses 2014: $446,840Net Income 2014: $750,5492014Revenue 2015: $613,110Expenses 2015: $428,577Net Income 2015: $184,5332015Revenue 2016: $236,900Expenses 2016: $199,769Net Income 2016: $37,1312016Revenue 2017: $1,419,538Expenses 2017: $580,278Net Income 2017: $839,2602017Revenue 2018: $824,020Expenses 2018: $573,837Net Income 2018: $250,1832018Revenue 2019: $380,216Expenses 2019: $183,569Net Income 2019: $196,6472019Revenue 2020: $1,143,653Expenses 2020: $373,276Net Income 2020: $770,3772020Revenue 2021: $326,166Expenses 2021: $363,776Net Income 2021: -$37,6102021Revenue 2022: $268,512Expenses 2022: $268,611Net Income 2022: -$992022Revenue 2023: $142,488Expenses 2023: $285,894Net Income 2023: -$143,4062023Revenue 2024: $150,898Expenses 2024: $300,986Net Income 2024: -$150,0882024

Highlighted filing

2016

Revenue$236,900
Expenses$199,769
Net Income$37,131
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claudius E Watts IVPresident-$0--
Melesa E WattsVice President-$0--
Filing and Contact Details

Filer

Filer Name
The Watts Family Foundation
EIN
46-1834414
Phone
7045601819
Address
18 Broughton Road, Charleston, SC 29407

Signing Officer

Name
Claudius E Watts IV
Title
President
Signed
2017-02-14
Discuss with paid preparer
Yes

Preparer

Firm
Tammie C McNeish CPA
Address
6201 Fairview Rd Ste 200, Charlotte, NC 28210
Preparer
Tammie C McNeish CPA
Phone
9802158442
Raw XML Appendix326 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Claudius E Watts IV
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Melesa E Watts
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0President
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt150000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt240000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0Special Academic Project Fund
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1General Purpose
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2General Purpose
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0EOF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1EOF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2EOF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm0The Citadel Foundation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm1Salt Block Foundation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm2Porter-Gaud Foundation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1N/A
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0171 Moultrie Street
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1243 Third Avenue NE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt2300 Albemarle Road
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0Charleston
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1Hickory
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2Charleston
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt093134
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt093134
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0279789
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt0326243
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0703312
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt097280
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt0279789
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt0326243
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0190414
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt097280
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0703312
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0606032
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Bank Fee
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Portfolio Deductions - Pass Thru K1s
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt086
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt087
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1813
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0173
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1813
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0197758
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0Distribution Payable
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt0156266
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt10
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt03825
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt13170
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0Investment Mgmt Fee
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1Refund of Fee
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt01913
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt1-1585
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt01912
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt1-1585
TaxesSchedule/TaxesDetail/Amt05884
TaxesSchedule/TaxesDetail/Amt1256
TaxesSchedule/TaxesDetail/CategoryTxt0Estimated Tax Payments
TaxesSchedule/TaxesDetail/CategoryTxt1Federal Tax
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt05884
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt1256
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Claudius E Watts IV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Watts Family Foundation
ReturnHeader/Filer/BusinessNameControlTxt0WATT
ReturnHeader/Filer/EIN0461834414
ReturnHeader/Filer/PhoneNum07045601819
ReturnHeader/Filer/USAddress/AddressLine1Txt018 Broughton Road
ReturnHeader/Filer/USAddress/CityNm0Charleston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029407
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tammie C McNeish CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06201 Fairview Rd Ste 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Charlotte
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028210
ReturnHeader/PreparerPersonGrp/PhoneNum09802158442
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tammie C McNeish CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-02-14T05:01:42-08:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

2016 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,238,609
Liabilities
$177,472
Net assets
$2,061,137
Revenue
$236,900
Expenses
$199,769
Net income
$37,131
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.
2024Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$0.15$0.30$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.09$0.00$4.09$0.14$0.29$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$0.27$0.27$0.00
2021Detailed filing. Detailed filing data is available for this year.$4.18$0.01$4.17$0.33$0.36$0.04
2020Detailed filing. Detailed filing data is available for this year.$4.20$0.01$4.19$1.14$0.37$0.77
2019Detailed filing. Detailed filing data is available for this year.$3.35$0.01$3.35$0.38$0.18$0.20
2018Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$0.82$0.57$0.25
2017Detailed filing. Detailed filing data is available for this year.$2.90$0.00$2.90$1.42$0.58$0.84
2016Detailed filing. Detailed filing data is available for this year.$2.24$0.18$2.06$0.24$0.20$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.24$0.22$2.02$0.61$0.43$0.18
2014Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$1.20$0.45$0.75