Civic Intelligence

Watson Clinic Foundation Inc.

990 • Fiscal year 2016 • EIN 59-1100876

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 09, 2017

100 S Kentucky Avenue Suite 255Lakeland, FL 33801-5089

(863) 802-6220

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

7th percentile

-46%

Higher net margin than 7% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

21st percentile

-5.1%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-30%

Faster revenue growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,145,881

Down $62,076 (-5.1%) from 2015

Net Assets

Down

$1,145,881

Down $62,076 (-5.1%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$198,296

Down $86,388 (-30%) from 2015

Expenses

Down

$290,386

Down $111,813 (-28%) from 2015

Net Income

Up

-$92,090

Up $25,425 (+22%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,244,124Liabilities 2010: $0Net Assets 2010: $1,244,1242010Assets 2011: $1,339,878Liabilities 2011: $0Net Assets 2011: $1,339,8782011Assets 2012: $1,443,359Liabilities 2012: $0Net Assets 2012: $1,443,3592012Assets 2013: $1,367,064Liabilities 2013: $52,369Net Assets 2013: $1,314,6952013Assets 2014: $1,383,896Liabilities 2014: $15,046Net Assets 2014: $1,368,8502014Assets 2015: $1,207,957Liabilities 2015: $0Net Assets 2015: $1,207,9572015Assets 2016: $1,145,881Liabilities 2016: $0Net Assets 2016: $1,145,8812016Assets 2017: $1,044,796Liabilities 2017: $0Net Assets 2017: $1,044,7962017Assets 2018: $905,642Liabilities 2018: $0Net Assets 2018: $905,6422018Assets 2019: $590,618Liabilities 2019: $0Net Assets 2019: $590,6182019Assets 2020: $298,204Liabilities 2020: $0Net Assets 2020: $298,2042020Assets 2021: $402,359Liabilities 2021: $0Net Assets 2021: $402,3592021Assets 2022: $452,930Liabilities 2022: $17,974Net Assets 2022: $434,9562022Assets 2023: $347,816Liabilities 2023: $11,853Net Assets 2023: $335,9632023Assets 2024: $308,851Liabilities 2024: $7,960Net Assets 2024: $300,8912024

Highlighted filing

2016

Assets$1,145,881
Liabilities$0
Net Assets$1,145,881

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2010: $301,535Expenses 2010: $327,056Net Income 2010: -$25,5212010Expenses 2011: $254,3392011Expenses 2012: $264,0612012Revenue 2013: $262,747Expenses 2013: $337,628Net Income 2013: -$74,8812013Revenue 2014: $337,323Expenses 2014: $285,391Net Income 2014: $51,9322014Revenue 2015: $284,684Expenses 2015: $402,199Net Income 2015: -$117,5152015Revenue 2016: $198,296Expenses 2016: $290,386Net Income 2016: -$92,0902016Revenue 2017: $78,791Expenses 2017: $215,202Net Income 2017: -$136,4112017Revenue 2018: $65,245Expenses 2018: $179,854Net Income 2018: -$114,6092018Revenue 2019: $183,533Expenses 2019: $485,827Net Income 2019: -$302,2942019Revenue 2020: $78,878Expenses 2020: $387,305Net Income 2020: -$308,4272020Revenue 2021: $292,084Expenses 2021: $191,472Net Income 2021: $100,6122021Revenue 2022: $121,911Expenses 2022: $89,314Net Income 2022: $32,5972022Revenue 2023: $60,424Expenses 2023: $159,417Net Income 2023: -$98,9932023Revenue 2024: $79,433Expenses 2024: $114,505Net Income 2024: -$35,0722024

Highlighted filing

2016

Revenue$198,296
Expenses$290,386
Net Income-$92,090
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 9, 2017
Return Version
2016v3.0
Gross Receipts
$260,870
Mission and Program Overview

Mission

The watson clinic foundation inc. Is organized exclusively for charitable, scientific, and educational purposes. The purposes include the study of causes, characteristics, prevention, and cure of human diseases, the problems of general public hygiene and health, and the promotion of medical, surgical, and scientific research, knowledge, skills, and education. The mission statement of the foundation is to promote the wellness of mankind through education, research, and community service. Accordingly, the foundation promotes the education of the health care professional, the student of health care sciences, and the community.

The watson clinic foundation inc. Promotes the wellness of mankind through education, research, and community service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,207,957$1,145,881▼ $62,076
Investments in Publicly Traded Securities$1,136,377$1,118,741▼ $17,636
Cash and Non-Interest-Bearing Accounts$-31,237$22,290▲ $53,527
Savings and Temporary Cash Investments$102,358$4,535▼ $97,823
Land, Buildings, and Equipment, Net$459$315▼ $144
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Total Assets$1,207,957$1,145,881▼ $62,076
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0--
Other Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,207,957$1,145,881▼ $62,076
Total Liabilities and Net Assets / Fund Balance$1,207,957$1,145,881▼ $62,076

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$315$34,847$35,162
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Board Chairman
-President
-Board Member
-Secretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$185,090
Program Service Revenue
$0
Investment Income
$18,381
Other Revenue
$-5,175
All Other Contributions
$137,025
Change in Net Assets
$-92,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$263,338
Grants and Similar Amounts Paid$27,048
Total Fundraising Expense$4,140
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$26,527-$26,527
Grants to Domestic Orgs$25,548--$25,548
Conferences and Meetings$17,344$893-$18,237
Office Expenses$7,090$7,170-$14,260
Fees for Services Accounting-$9,100-$9,100
Information Technology$1,795$114$4,140$6,049
Other Expenses$38,179$3,786-$3,786
Travel$1,624$371-$1,995
Grants to Domestic Individuals$1,500--$1,500
Depreciation Depletion-$144-$144
Advertising-$120-$120
Total Functional Expenses$93,080$193,166$4,140$290,386
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ovarian Cancer Support Group of Polk County Florida IncLakeland, FL501(c)(3)General Suppport$12,715
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,100
Gaming Gross Income$2,580
Fundraising Gross Income$1,820
Gaming Direct Expenses$1,475
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$49,885$1,820$3,406$-1,586
Event 2-$0-$0
Total Events$49,885$1,820$8,100$-6,280
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A PROCESS FOR DETERMINING COMPENSATION FOR TOP OFFICIALS

The organization does not have any board members, officers, or employees that are paid by the foundation. The instructions indicate these should be marked "no" when they are not applicable.

Form 990, Part VI, Line 15B PROCESS FOR DETERMINING COMPENSATION FOR TOP OFFICIALS

The organization does not have any board members, officers, or employees that are paid by the foundation. The instructions indicate these should be marked "no" when they are not applicable.

Form 990, Part VI, Line 1A Delegate broad authority to A committee

The board may adopt two or more members of the governing body to the executive committee, which has all the powers of the board of directors between meetings of the board. Copies of minutes from executive committee meetings shall be sent to each member of the governing body promptly after executive committee meetings.

Form 990, Part VI, Line 6 Classes of members or stockholders

The foundation has two members, each of a different class. The first class is the partners of watson clinic llp, who have the right to participate in the foundation's governance. The second class is lakeland volunteers in medicine which would receive the foundation's assets upon dissolution.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The partners of watson clinic llp can elect the members of the board of directors.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The decisions made by the board of directors related to the foundation's by-laws are subject to the approval of the watson clinic llp partners.

Form 990, Part VI, Line 11B Review of form 990 by governing body

A copy of the foundation's form 990 is sent electronically to all board members prior to filing with the irs. In addition, the form 990 is reviewed in detail by the president of the foundation before it is filed.

Form 990, Part VI, Line 19 Required documents available to the public

Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to irc section 6104. These documents are not available to the public at this time.

Form 990, Part VII, Section A Officers and Directors

A majority of the board members of the Watson Clinic Foundation, Inc. are employed by, or are partners of, the Watson Clinic LLP.

Filing and Contact Details

Filer

Filer Name
Watson Clinic Foundation Inc
EIN
59-1100876
Phone
8638026220
Address
100 S KENTUCKY AVENUE SUITE 255, LAKELAND, FL 33801-5089

Signing Officer

Name
Richard J Cardosi
Title
President
Signed
2017-08-09
Discuss with paid preparer
Yes

Organization Details

Formed
1960
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
32

Preparer

Firm
Crowe Horwath Llp
Address
401 East Las Olas Blvd Suite 1100, Fort Lauderdale, FL 33301-4230
Preparer
Brittney Kocaj
Phone
9542028600
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 ORGANIZATION'S MISSION

(continued from form 990, part iii, line 1) THE PURPOSES INCLUDE THE STUDY OF CAUSES, CHARACTERISTICS, PREVENTION, AND CURE OF HUMAN DISEASES, THE PROBLEMS OF GENERAL PUBLIC HYGIENE AND HEALTH, AND THE PROMOTION OF MEDICAL, SURGICAL, AND SCIENTIFIC RESEARCH, KNOWLEDGE, SKILLS, AND EDUCATION. THE MISSION STATEMENT OF THE FOUNDATION IS TO PROMOTE THE WELLNESS OF MANKIND THROUGH EDUCATION, RESEARCH, AND COMMUNITY SERVICE. ACCORDINGLY, THE FOUNDATION PROMOTES THE EDUCATION OF THE HEALTH CARE PROFESSIONAL, THE STUDENT OF HEALTH CARE SCIENCES, AND THE COMMUNITY.

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 11,790 including grants of $ 5,419)(Revenue $ 0) THE FOUNDATION OFFERS CONTINUING MEDICAL EDUCATION PROGRAMS TO HEALTH CARE PROVIDERS AND IS ACCREDITED BY THE FLORIDA MEDICAL ASSOCIATION. THE PURPOSE IS TO EXPAND THE KNOWLEDGE BASE OF HEALTH CARE PROFESSIONALS, ENSURING THAT PATIENTS IN THE COMMUNITY RECEIVE THE MOST COMPREHENSIVE MEDICAL TREATMENT. MORE THAN 200 PROVIDERS ATTENDED THE 9 PHYSICIAN EDUCATION PROGRAMS CONDUCTED DURING THE YEAR.

Raw XML AppendixShowing 400 of 534 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/BOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE WATSON CLINIC FOUNDATION INC. PROMOTES THE WELLNESS OF MANKIND THROUGH EDUCATION, RESEARCH, AND COMMUNITY SERVICE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0120
IRS990/AdvertisingGrp/TotalAmt0120
IRS990/AllOtherContributionsAmt0137025
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROBERT MARMOL
IRS990/BooksInCareOfDetail/PhoneNum08636807227
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01430 LAKELAND HILLS BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAKELAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0338053202
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0-31237
IRS990/CashNonInterestBearingGrp/EOYAmt022290
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0893
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt017344
IRS990/ConferencesMeetingsGrp/TotalAmt018237
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt048065
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0185090
IRS990/CYGrantsAndSimilarPaidAmt027048
IRS990/CYInvestmentIncomeAmt018381
IRS990/CYOtherExpensesAmt0263338
IRS990/CYOtherRevenueAmt0-5175
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-92090
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0290386
IRS990/CYTotalFundraisingExpenseAmt04140
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0198296
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0144
IRS990/DepreciationDepletionGrp/TotalAmt0144
IRS990/Desc0THE FOUNDATION SUPPORTS PHYSICIANS FOR RESEARCH THAT IS IMPERATIVE TO ADVANCE THE POOL OF MEDICAL KNOWLEDGE RELATED TO PREVENTION AND TREATMENT OF DISEASES. THE PURPOSE OF THE PROGRAM IS TO IMPROVE PATIENT CARE FROM THE KNOWLEDGE OBTAINED THROUGH THE RESEARCH PROCESS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt038216
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09100
IRS990/FeesForServicesAccountingGrp/TotalAmt09100
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0RICHARD J CARDOSI MD
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1LOUIS S SACO MD
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2STANLEY L PIOTROWSKI
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3RANDY V HEYSEK MD
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4M SHANE GLOR
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5PRANAY C PATEL MD
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt048065
IRS990/FundraisingDirectExpensesAmt08100
IRS990/FundraisingGrossIncomeAmt01820
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0-2999
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt01475
IRS990/GamingGrossIncomeAmt02580
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt025548
IRS990/GrantsToDomesticOrgsGrp/TotalAmt025548
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt050000
IRS990/GrossReceiptsAmt0260870
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt04140
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0114
IRS990/InformationTechnologyGrp/ProgramServicesAmt01795
IRS990/InformationTechnologyGrp/TotalAmt06049
IRS990/InvestmentIncomeGrp/ExclusionAmt021380
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021380
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01136377
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01118741
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034847
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0459
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0315
IRS990/LandBldgEquipCostOrOtherBssAmt035162
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt052999
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0THE WATSON CLINIC FOUNDATION INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES. (CONTINUED ON SCHEDULE O)
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01207957
IRS990/NetAssetsOrFundBalancesEOYAmt01145881
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2999
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2999
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-6280
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-6280
IRS990/NetIncomeFromGamingGrp/ExclusionAmt01105
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt01105
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt030014
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0822
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt026527
IRS990/OccupancyGrp/TotalAmt026527
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07170
IRS990/OfficeExpensesGrp/ProgramServicesAmt07090
IRS990/OfficeExpensesGrp/TotalAmt014260
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SALARIES REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc1DUES AND ACCREDITATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0144941
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13786
IRS990/OtherExpensesGrp/ProgramServicesAmt038179
IRS990/OtherExpensesGrp/TotalAmt0183120
IRS990/OtherExpensesGrp/TotalAmt13786
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Richard J Cardosi MD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION PRESENTS VARIOUS AWARDS ANNUALLY TO THOSE INDIVIDUALS DEMONSTRATING EXCELLENCE IN SUCH AREAS AS RESEARCH, CLINICAL STUDIES, AND NURSING. ALSO, THE FOUNDATION GRANTS FUNDING ANNUALLY TO THOSE ORGANIZATIONS COMMITTED TO THE WELLBEING OF THE COMMUNITY BY PROVIDING FREE QUALITY MEDICAL CARE, SUPPORTING EDUCATIONAL OUTREACH PROGRAMS, AND FURTHERING AVAILABLE MEDICAL KNOWLEDGE THROUGH SCIENTIFIC RESEARCH.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt021629
IRS990/ProgSrvcAccomActy2Grp/GrantAmt021629
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0THE FOUNDATION OFFERS FREE EDUCATIONAL AND OUTREACH PROGRAMS OPEN TO THE ENTIRE COMMUNITY. THE PURPOSE IS TO BUILD AND SUSTAIN A HEALTHY COMMUNITY. EXAMPLES INCLUDE CANCER PREVENTION DISCUSSIONS AND SEPARATE SEMINARS FOCUSED ON MEN'S AND WOMEN'S HEALTH. FREE SCREENINGS FOR SKIN CANCER ARE AVAILABLE THROUGHOUT THE YEAR. LOCAL COMMUNITY OUTREACH INCLUDES A COMPREHENSIVE ARTS IN MEDICINE PROGRAM, WHICH USES HEALING ARTS TO PROMOTE COMFORT AND WELLBEING FOR CANCER PATIENTS AND FAMILIES IN THE WAITING AREAS AND CHEMOTHERAPY AND RADIATION ROOMS OF THE CENTER FOR CANCER CARE & RESEARCH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt021445
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION OFFERS CONTINUING MEDICAL EDUCATION PROGRAMS TO HEALTH CARE PROVIDERS AND IS ACCREDITED BY THE FLORIDA MEDICAL ASSOCIATION. THE PURPOSE IS TO EXPAND THE KNOWLEDGE BASE OF HEALTH CARE PROFESSIONALS, ENSURING THAT PATIENTS IN THE COMMUNITY RECEIVE THE MOST COMPREHENSIVE MEDICAL TREATMENT. MORE THAN 200 PROVIDERS ATTENDED THE 9 PHYSICIAN EDUCATION PROGRAMS CONDUCTED DURING THE YEAR.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt011790
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt05419
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0270257
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt013510
IRS990/PYInvestmentIncomeAmt027244
IRS990/PYOtherExpensesAmt0388689
IRS990/PYOtherRevenueAmt0-12817
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-117515
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0402199
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0284684
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-92090
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01207957
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01145881
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0102358
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04535
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION - OTHER INCOME, COLUMN A - 12450.0, COLUMN B - 11750.0, COLUMN C - 10700.0, COLUMN D - 8100.0, COLUMN E - 4400.0, COLUMN F - 47400.0;
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10 Other Income
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0185090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0270257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0321399
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0264127
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0313186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01354059
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt021380
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027244
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034234
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020162
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt046750
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0149770
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04400
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08100
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt010700
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011750
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt012450
IRS990ScheduleA/OtherIncome170Grp/TotalAmt047400
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.5808
IRS990ScheduleA/PublicSupportPY170Pct00.5027
IRS990ScheduleA/PublicSupportTotal170Amt0900901
IRS990ScheduleA/SubstantialContributorsTotAmt0453158
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0185090
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0270257
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0321399
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0264127
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0313186
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01354059
IRS990ScheduleA/TotalSupportAmt01551229
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0315
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034847
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035162
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0315
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt048065
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt048065
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08100
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02582
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02582
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt049885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt049885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01820
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01820
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6280
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03406
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03406
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02112
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02112
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt012715
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OVARIAN CANCER SUPPORT GROUP OF POLK COUNTY FLORIDA INC
IRS990ScheduleI/RecipientTable/RecipientEIN0812705205
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06842 HARTSWORTH DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAKELAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd033813
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE foundation PROVIDES GRANTS TO 501(C)(3) PUBLIC CHARITIES. GRANT FUNDS ARE INTENDED TO SUPPORT THE RECIPIENTS' CHARITABLE PURPOSES BUT CAN BE USED FOR ANY PURPOSE THAT THE RECIPIENT DEEMS APPROPRIATE. THEREFORE GRANT FUNDS TO ORGANIZATIONS ARE NOT MONITORED AFTER THEY ARE PAID. THE FOUNDATION ALSO PROVIDES INDIVIDUAL SCHOLARSHIP AWARDS TO QUALIFIED RECIPIENTS IN RECOGNITION OF SCIENTIFIC AND EDUCATIONAL ACHIEVEMENTS. THE FOUNDATION DOES NOT NOMINATE CANDIDATES, NOR DOES IT ADVISE ON THE NOMINATION PROCESS, AS THESE PROCEDURES ARE ADMINISTERED AND SUPERVISED BY THE RESPECTIVE MEDICAL SCHOOL'S DEAN OR CHAIRPERSON. THE SCHOLARSHIP AWARDS ARE PRESENTED TO RECIPIENTS IN RECOGNITION OF PAST SCIENTIFIC AND EDUCATIONAL ACHIEVEMENTS AND ARE FOR GENERAL SUPPORT, AND THEREFORE, USE OF THE FUNDS IS NOT MONITORED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0(continued from form 990, part iii, line 1) THE PURPOSES INCLUDE THE STUDY OF CAUSES, CHARACTERISTICS, PREVENTION, AND CURE OF HUMAN DISEASES, THE PROBLEMS OF GENERAL PUBLIC HYGIENE AND HEALTH, AND THE PROMOTION OF MEDICAL, SURGICAL, AND SCIENTIFIC RESEARCH, KNOWLEDGE, SKILLS, AND EDUCATION. THE MISSION STATEMENT OF THE FOUNDATION IS TO PROMOTE THE WELLNESS OF MANKIND THROUGH EDUCATION, RESEARCH, AND COMMUNITY SERVICE. ACCORDINGLY, THE FOUNDATION PROMOTES THE EDUCATION OF THE HEALTH CARE PROFESSIONAL, THE STUDENT OF HEALTH CARE SCIENCES, AND THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1(Expenses $ 11,790 including grants of $ 5,419)(Revenue $ 0) THE FOUNDATION OFFERS CONTINUING MEDICAL EDUCATION PROGRAMS TO HEALTH CARE PROVIDERS AND IS ACCREDITED BY THE FLORIDA MEDICAL ASSOCIATION. THE PURPOSE IS TO EXPAND THE KNOWLEDGE BASE OF HEALTH CARE PROFESSIONALS, ENSURING THAT PATIENTS IN THE COMMUNITY RECEIVE THE MOST COMPREHENSIVE MEDICAL TREATMENT. MORE THAN 200 PROVIDERS ATTENDED THE 9 PHYSICIAN EDUCATION PROGRAMS CONDUCTED DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ANY BOARD MEMBERS, OFFICERS, OR EMPLOYEES THAT ARE PAID BY THE FOUNDATION. THE INSTRUCTIONS INDICATE THESE SHOULD BE MARKED "NO" WHEN THEY ARE NOT APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE ANY BOARD MEMBERS, OFFICERS, OR EMPLOYEES THAT ARE PAID BY THE FOUNDATION. THE INSTRUCTIONS INDICATE THESE SHOULD BE MARKED "NO" WHEN THEY ARE NOT APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board may adopt two or more members of the governing body to the executive committee, which has all the powers of the board of directors between meetings of the board. Copies of minutes from executive committee meetings shall be sent to each member of the governing body promptly after executive committee meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION HAS TWO MEMBERS, EACH OF A DIFFERENT CLASS. THE FIRST CLASS IS THE PARTNERS OF WATSON CLINIC LLP, WHO HAVE THE RIGHT TO PARTICIPATE IN THE FOUNDATION'S GOVERNANCE. THE SECOND CLASS IS LAKELAND VOLUNTEERS IN MEDICINE WHICH WOULD RECEIVE THE FOUNDATION'S ASSETS UPON DISSOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PARTNERS OF WATSON CLINIC LLP CAN ELECT THE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE DECISIONS MADE BY THE BOARD OF DIRECTORS RELATED TO THE FOUNDATION'S BY-LAWS ARE SUBJECT TO THE APPROVAL OF THE WATSON CLINIC LLP PARTNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8A COPY OF THE FOUNDATION'S FORM 990 IS SENT ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. IN ADDITION, THE FORM 990 IS REVIEWED IN DETAIL BY THE PRESIDENT OF THE FOUNDATION BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO IRC SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10A majority of the board members of the Watson Clinic Foundation, Inc. are employed by, or are partners of, the Watson Clinic LLP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 1 ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d Description of other program services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a PROCESS FOR DETERMINING COMPENSATION FOR TOP OFFICIALS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b PROCESS FOR DETERMINING COMPENSATION FOR TOP OFFICIALS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 1a Delegate broad authority to a committee
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 6 Classes of members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 7a Members or stockholders electing members of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 11b Review of form 990 by governing body

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.30$0.08$0.11$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.01$0.34$0.06$0.16$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.02$0.43$0.12$0.09$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.29$0.19$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$0.08$0.39$0.31
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.18$0.49$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.00$0.91$0.07$0.18$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$0.08$0.22$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.20$0.29$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.28$0.40$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.02$1.37$0.34$0.29$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.37$0.05$1.31$0.26$0.34$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.00$1.44$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.00$1.34$0.25
2010Summary only. Only limited summary data is available for this year.$1.24$0.00$1.24$0.30$0.33$0.03