Civic Intelligence

Trust B Under the Will of H C Watson Deceased

990 • Fiscal year 2018 • EIN 54-6098265

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 26, 2019

Organization ProfileWATSONMEMORIALSCHOLARSHIPS.COM
PO Box 187Onley, VA 23418

(757) 787-3770

Siviq Scores

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

Liabilities / Assets

28th percentile

0.04x

Higher debt load relative to assets than 28% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.45x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

90th percentile

47%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$4,950

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

13th percentile

-8.1%

Faster asset growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

104%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets28th percentile

Assets

Down

$5,817,847

Down $515,799 (-8.1%) from 2017

Net Assets

Down

$5,609,661

Down $546,349 (-8.9%) from 2017

Liabilities

Up

$208,186

Up $30,550 (+17%) from 2017

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin90th percentile

Revenue

Up

$467,240

Up $238,550 (+104%) from 2017

Expenses

Up

$249,031

Up $31,467 (+14%) from 2017

Net Income

Up

$218,209

Up $207,083 (+1861%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $5,683,053Liabilities 2015: $303,777Net Assets 2015: $5,379,2762015Assets 2016: $5,841,554Liabilities 2016: $133,162Net Assets 2016: $5,708,3922016Assets 2017: $6,333,646Liabilities 2017: $177,636Net Assets 2017: $6,156,0102017Assets 2018: $5,817,847Liabilities 2018: $208,186Net Assets 2018: $5,609,6612018Assets 2019: $6,507,989Liabilities 2019: $189,322Net Assets 2019: $6,318,6672019Assets 2020: $6,726,443Liabilities 2020: $167,548Net Assets 2020: $6,558,8952020Assets 2021: $7,543,871Liabilities 2021: $161,173Net Assets 2021: $7,382,6982021Assets 2022: $6,461,640Liabilities 2022: $170,414Net Assets 2022: $6,291,2262022Assets 2023: $6,948,486Liabilities 2023: $204,703Net Assets 2023: $6,743,7832023Assets 2024: $7,565,581Liabilities 2024: $278,463Net Assets 2024: $7,287,1182024

Highlighted filing

2018

Assets$5,817,847
Liabilities$208,186
Net Assets$5,609,661
Open 2018 Filing

Operations Trend

Revenue Growth94th percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $265,909Expenses 2015: $345,485Net Income 2015: -$79,5762015Revenue 2016: $148,766Expenses 2016: $180,491Net Income 2016: -$31,7252016Revenue 2017: $228,690Expenses 2017: $217,564Net Income 2017: $11,1262017Revenue 2018: $467,240Expenses 2018: $249,031Net Income 2018: $218,2092018Revenue 2019: $328,051Expenses 2019: $228,864Net Income 2019: $99,1872019Revenue 2020: $188,269Expenses 2020: $206,667Net Income 2020: -$18,3982020Revenue 2021: $538,783Expenses 2021: $204,383Net Income 2021: $334,4002021Revenue 2022: $160,378Expenses 2022: $213,836Net Income 2022: -$53,4582022Revenue 2023: $264,772Expenses 2023: $251,019Net Income 2023: $13,7532023Revenue 2024: $441,237Expenses 2024: $336,898Net Income 2024: $104,3392024

Highlighted filing

2018

Revenue$467,240
Expenses$249,031
Net Income$218,209
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 26, 2019
Return Version
2018v3.1
Gross Receipts
$995,891
Mission and Program Overview

Mission

To provide an endowment to support various colleges as designated under the will of h. C. Watson

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,883,401$5,421,708▼ $461,693
Savings and Temporary Cash Investments$421,956$373,819▼ $48,137
Land, Buildings, and Equipment, Net$18,611$15,615▼ $2,996
Prepaid Expenses and Deferred Charges$9,678$6,705▼ $2,973
Total Assets$6,333,646$5,817,847▼ $515,799
Liabilities
Other Liabilities$167,617$196,629▲ $29,012
Accounts Payable and Accrued Expenses$10,019$11,557▲ $1,538
Total Liabilities$177,636$208,186▲ $30,550
Net Assets / Fund Balance
Unrestricted Net Assets$6,156,010$5,609,661▼ $546,349
Total Net Assets Fund Balance$6,156,010$5,609,661▼ $546,349
Total Liabilities and Net Assets / Fund Balance$6,333,646$5,817,847▼ $515,799

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,215$54,607$69,822
Land$400-$400
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleBaseTotal
Herbert B Rew JrTrustee$4,950$4,950
Howard C Wessells IiTrustee$4,950$4,950
Jerry G EvansTrustee$4,949$4,949
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$463,301
Other Revenue
$3,939
Change in Net Assets
$218,209

Audited Revenue Reconciliation

Revenue per Audited Statements
$467,240
Total Revenue per Audited Statements
$467,240
Total Revenue per Form 990
$467,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,013
Salaries, Compensation, and Employee Benefits$30,018
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$196,629$6,506-$203,135
Current Officers, Directors, Trustees, and Key Employees-$28,932-$28,932
Fees for Services Accounting-$11,500-$11,500
Insurance-$1,674-$1,674
Payroll Taxes-$1,086-$1,086
Office Expenses-$1,031-$1,031
Depreciation Depletion-$932-$932
Occupancy-$699-$699
Advertising-$42-$42
Total Functional Expenses$196,629$52,402$0$249,031

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$249,031
Total Expenses per Audited Statements$249,031
Total Expenses per Form 990$249,031
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
Required Distributions to Colleges$196,629
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“REVIEWED BY TRUSTEES”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Trust B Under the Will of
EIN
54-6098265
Address
PO BOX 187, ONLEY, VA 23418

Signing Officer

Name
Herbert B Rew Jr
Title
Trustee
Signed
2019-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Herbert B Rew Jr
Voting Board Members
3
Independent Board Members
3
Employees
1

Preparer

Firm
Jones CPA Group Pc
Address
120 ATLANTIC STREET SUITE 300, NORFOLK, VA 23510-1729
Preparer
Stephen M Jones CPA
Phone
7576277672
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Filing & recording 0 3,103 0 surety bond 0 3,403 0 distribution to colleges 196,629 0 0 total 196,629 6,506 0”

Form 990, Part XI, Line 9

“Realized loss previously recognized -239,796 unrealized gain(loss) -524,762 total -764,558”

Raw XML Appendix343 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010019
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011557
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE AN ENDOWMENT TO SUPPORT VARIOUS COLLEGES AS DESIGNATED UNDER THE WILL OF H. C. WATSON
IRS990/AdvertisingGrp/ManagementAndGeneralAmt042
IRS990/AdvertisingGrp/TotalAmt042
IRS990/BooksInCareOfDetail/PersonNm0TRUSTEES
IRS990/BooksInCareOfDetail/PhoneNum07577873770
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 187
IRS990/BooksInCareOfDetail/USAddress/CityNm0ONLEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023418
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt028932
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt028932
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0463301
IRS990/CYOtherExpensesAmt0219013
IRS990/CYOtherRevenueAmt03939
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0218209
IRS990/CYSalariesCompEmpBnftPaidAmt030018
IRS990/CYTotalExpensesAmt0249031
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0467240
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0932
IRS990/DepreciationDepletionGrp/TotalAmt0932
IRS990/Desc0SCHOLARSHIPS FOR FIVE COLLEGES DESIGNATED UNDER THE WILL OF H. C. WATSON.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0196629
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011500
IRS990/FeesForServicesAccountingGrp/TotalAmt011500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06506
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0196629
IRS990/FeesForServicesOtherGrp/TotalAmt0203135
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0HERBERT B REW JR
IRS990/Form990PartVIISectionAGrp/PersonNm1HOWARD C WESSELLS II
IRS990/Form990PartVIISectionAGrp/PersonNm2JERRY G EVANS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24949
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt071962
IRS990/GainOrLossGrp/SecuritiesAmt0218210
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt071962
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0742385
IRS990/GrossReceiptsAmt0995891
IRS990/GrossRentsGrp/RealAmt08415
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01674
IRS990/InsuranceGrp/TotalAmt01674
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0173129
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0173129
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05883401
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05421708
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt054607
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018611
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015615
IRS990/LandBldgEquipCostOrOtherBssAmt070222
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0524175
IRS990/LessRentalExpensesGrp/RealAmt04476
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE AN ENDOWMENT TO SUPPORT VARIOUS COLLEGES AS DESIGNATED UNDER THE WILL OF H. C. WATSON
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt06156010
IRS990/NetAssetsOrFundBalancesEOYAmt05609661
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0290172
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0290172
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt03939
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03939
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0699
IRS990/OccupancyGrp/TotalAmt0699
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01031
IRS990/OfficeExpensesGrp/TotalAmt01031
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-764558
IRS990/OtherLiabilitiesGrp/BOYAmt0167617
IRS990/OtherLiabilitiesGrp/EOYAmt0196629
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01086
IRS990/PayrollTaxesGrp/TotalAmt01086
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09678
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06705
IRS990/PrincipalOfficerNm0HERBERT B REW JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0224474
IRS990/PYOtherExpensesAmt0189070
IRS990/PYOtherRevenueAmt04216
IRS990/PYRevenuesLessExpensesAmt011126
IRS990/PYSalariesCompEmpBnftPaidAmt028494
IRS990/PYTotalExpensesAmt0217564
IRS990/PYTotalRevenueAmt0228690
IRS990/ReconcilationRevenueExpnssAmt0218209
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt03939
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0421956
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0373819
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt05
IRS990ScheduleA/SupportedOrganizationsTotalCnt05
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0546001718
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1510109178
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2546001796
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3546001803
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4546001805
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd2true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd3true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd4true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd22
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd32
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd42
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt019663
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt119663
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt278651
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt339326
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt439326
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0COLLEGE OF WILLIAM & MARY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1GOLDEY BEACOM COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2UNIVERSITY OF VIRGINIA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3VIRGINIA MILITARY INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4VIRGINIA POLYTECHNIC INSTITUTE & STATE UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0COLLEGE OF WILLIAM & MARY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt1GOLDEY BEACOM COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt2UNIVERSITY OF VIRGINIA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt3VIRGINIA MILITARY INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt4VIRGINA POLYTECHNIC INSTITUTE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0196629
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0249031
IRS990ScheduleD/LandGrp/BookValueAmt0400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0400
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015215
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt054607
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt069822
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0196629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REQUIRED DISTRIBUTIONS TO COLLEGES
IRS990ScheduleD/RevenueSubtotalAmt0467240
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015615
IRS990ScheduleD/TotalExpensesPerForm990Amt0249031
IRS990ScheduleD/TotalLiabilityAmt0196629
IRS990ScheduleD/TotalRevenuePerForm990Amt0467240
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0467240
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0249031
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FILING & RECORDING 0 3,103 0 SURETY BOND 0 3,403 0 DISTRIBUTION TO COLLEGES 196,629 0 0 TOTAL 196,629 6,506 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REALIZED LOSS PREVIOUSLY RECOGNIZED -239,796 UNREALIZED GAIN(LOSS) -524,762 TOTAL -764,558
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06333646
IRS990/TotalAssetsEOYAmt05817847
IRS990/TotalAssetsGrp/BOYAmt06333646
IRS990/TotalAssetsGrp/EOYAmt05817847
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052402
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0196629
IRS990/TotalFunctionalExpensesGrp/TotalAmt0249031
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0177636
IRS990/TotalLiabilitiesEOYAmt0208186
IRS990/TotalLiabilitiesGrp/BOYAmt0177636
IRS990/TotalLiabilitiesGrp/EOYAmt0208186
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06156010
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05609661
IRS990/TotalProgramServiceExpensesAmt0196629
IRS990/TotalReportableCompFromOrgAmt014849
IRS990/TotalRevenueGrp/ExclusionAmt03939
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0463301
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0467240
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06333646
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05817847
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06156010
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05609661
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WATSONMEMORIALSCHOLARSHIPS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HERBERT B REW JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRUST B UNDER THE WILL OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0H C WATSON DEC'D
ReturnHeader/Filer/BusinessNameControlTxt0TRUS
ReturnHeader/Filer/EIN0546098265
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 187
ReturnHeader/Filer/USAddress/CityNm0ONLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023418
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09462F4CA79BF254DE719CC3A24E501D81D57025A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EF935D94BCD0E4880CD723D0280A58D4AB6CE53C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.169.132.118
ReturnHeader/FilingSecurityInformation/IPDt02019-04-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm020:13:38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541208437
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JONES CPA GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 ATLANTIC STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0235101729
ReturnHeader/PreparerPersonGrp/PhoneNum07576277672
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN M JONES CPA
ReturnHeader/ReturnTs02019-04-15T20:13:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,817,847
Liabilities
$208,186
Net assets
$5,609,661
Revenue
$467,240
Expenses
$249,031
Net income
$218,209
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.57$0.28$7.29$0.44$0.34$0.10
2023Detailed filing. Detailed filing data is available for this year.$6.95$0.20$6.74$0.26$0.25$0.01
2022Detailed filing. Detailed filing data is available for this year.$6.46$0.17$6.29$0.16$0.21$0.05
2021Detailed filing. Detailed filing data is available for this year.$7.54$0.16$7.38$0.54$0.20$0.33
2020Detailed filing. Detailed filing data is available for this year.$6.73$0.17$6.56$0.19$0.21$0.02
2019Detailed filing. Detailed filing data is available for this year.$6.51$0.19$6.32$0.33$0.23$0.10
2018Detailed filing. Detailed filing data is available for this year.$5.82$0.21$5.61$0.47$0.25$0.22
2017Detailed filing. Detailed filing data is available for this year.$6.33$0.18$6.16$0.23$0.22$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.84$0.13$5.71$0.15$0.18$0.03
2015Detailed filing. Detailed filing data is available for this year.$5.68$0.30$5.38$0.27$0.35$0.08