Watson Foundation

990PF • Fiscal year 2020 • EIN 83-0866270

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

Organization Profile

1851 Topock StGlendale, CA 91204

(323) 215-8354

Siviq Scores

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

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

0.54x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

-114%

Higher net margin than 9% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Higher top officer pay than 83% of similar nonprofits.

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

2020 filings • <$500k nonprofits • Source year 2020

-2.6%

Faster asset growth than 39% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

-7.7%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets69th percentile

Assets

Down

$208,611

Down $5,468 (-2.6%) from 2019

Net Assets

Down

$203,611

Down $10,468 (-4.9%) from 2019

Liabilities

$5,000

Up $4,999 (+499900%) from 2019

Revenue And Expenses

Liabilities / Revenue91st percentile Net Margin9th percentile

Revenue

Down

$9,183

Down $770 (-7.7%) from 2019

Expenses

$19,651

Up $3,171 (+19%) from 2019

Net Income

Down

-$10,468

Down $3,941 (-60%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

Highlighted filing

2020

Assets$208,611

Liabilities$5,000

Net Assets$203,611

Open 2020 Filing

Operations Trend

Revenue Growth56th percentile

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

Highlighted filing

2020

Revenue$9,183

Expenses$19,651

Net Income-$10,468

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Nov 1, 2021
Return Version: 2020v4.0

Compensation and Service Providers

Top Officer Pay83rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Jeanette Watson	CEO	-	$0	-	-
Justin Krieteemeyer	Secretary	-	$0	-	-
John Watson	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Watson Foundation
EIN: 83-0866270
Phone: 3232158354
Address: 1851 Topock St, Glendale, CA 91204

Signing Officer

Name: Jeanette Watson
Title: CEO
Signed: 2021-11-01
Discuss with paid preparer: Yes

Preparer

Firm: Schultz Inouye & Chais
Address: 100 S Citrus Avenue Suite 203, Covina, CA 91723
Preparer: Ronald G Inouye
Phone: 6269661651

Raw XML Appendix298 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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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	4	28105
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	1	Vanguard Mid Cap
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	3	Vanguard Mega Cap Growth
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	4	Vanguard Total Intl
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	5	Vanguard Total Intl Bond
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IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt	0	5000
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IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt	0	6425
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	Jeanette Watson
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	Justin Krieteemeyer
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	2	John Watson
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	1	1721 Griffin Ave
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	2	1721 Griffin Ave
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	3	40 Rector St 5th Floor
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	4	1736 Franklin St 10th FL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	0	Los Angeles
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	1	Los Angeles
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	2	Los Angeles
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	3	New York
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	4	Oakland
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	3	NY
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	1	90031
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	2	90031
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	3	10006
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	4	94612
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	13000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt	0	11880
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt	0	7771
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	12615
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	19651
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	735
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt	0	7771
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt	0	0
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt	0	1256
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt	0	Investment Advisor Fees
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt	0	1256
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt	0	0
TaxesSchedule/TaxesDetail/Amt	0	50
TaxesSchedule/TaxesDetail/Amt	1	65
TaxesSchedule/TaxesDetail/Amt	2	20
TaxesSchedule/TaxesDetail/Amt	3	645
TaxesSchedule/TaxesDetail/CategoryTxt	0	Attorney General
TaxesSchedule/TaxesDetail/CategoryTxt	1	Franchise Tax Board
TaxesSchedule/TaxesDetail/CategoryTxt	2	Secretary of State
TaxesSchedule/TaxesDetail/CategoryTxt	3	US Treasury
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	0	50
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	1	65
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	2	20
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	3	645
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd	0	FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Jeanette Watson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Watson Foundation
ReturnHeader/Filer/BusinessNameControlTxt	0	WATS
ReturnHeader/Filer/EIN	0	830866270
ReturnHeader/Filer/PhoneNum	0	3232158354
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	1851 Topock St
ReturnHeader/Filer/USAddress/CityNm	0	Glendale
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CA
ReturnHeader/Filer/USAddress/ZIPCd	0	91204
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	953460521
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Schultz Inouye & Chais
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	100 S Citrus Avenue Suite 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Covina
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	91723
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6269661651
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Ronald G Inouye
ReturnHeader/ReturnTs	0	2021-11-01T15:37:29-07:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	Jeanette
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	Watson
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

Document Assets

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Filings

Displayed year

2020 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $208,611
Liabilities: $5,000
Net assets: $203,611
Revenue: $9,183
Expenses: $19,651
Net income: -$10,468

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.21	$0.00	$0.21	$0.15	$1.78	$1.63
2022Detailed filing. Detailed filing data is available for this year.	$1.90	$0.00	$1.90	$0.07	$0.17	$0.10
2021Detailed filing. Detailed filing data is available for this year.	$2.00	$0.00	$2.00	$0.15	$0.18	$0.04
2020Detailed filing. Detailed filing data is available for this year.	$2.09	$0.05	$2.04	$0.09	$0.20	$0.10
2019Detailed filing. Detailed filing data is available for this year.	$2.14	$0.00	$2.14	$0.10	$0.16	$0.07
2018Summary only. Only limited summary data is available for this year.	$2.21	$0.00		$2.21	$0.00	$2.21