Civic Intelligence

Edith J Watts Charitable Trust

990EZ • Fiscal year 2023 • EIN 84-6899987

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 30, 2024

Organization ProfileN/A
6838 E State Street Suite 2Rockford, IL 61108

(815) 231-2481

Siviq Scores

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

Liabilities / Assets

89th percentile

0.00x

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

2023 filings • 4947(a)1 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

99th percentile

3037%

Higher net margin than 99% of similar nonprofits.

2023 filings • 4947(a)1 • <$500k nonprofits • Source year 2023

Top Officer Pay

76th percentile

$3,500

Higher top officer pay than 76% of similar nonprofits.

2023 filings • 4947(a)1 • <$500k nonprofits • Source year 2023

Asset Growth

29th percentile

-4.5%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 4947(a)1 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$180,713

Down $8,610 (-4.5%) from 2022

Net Assets

Down

$180,713

Down $8,610 (-4.5%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

-$281

Down $3,586 (-109%) from 2022

Expenses

Down

$8,253

Down $826 (-9.1%) from 2022

Net Income

Down

-$8,534

Down $2,760 (-48%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$200K$150K$100K$50K$0Assets 2020: $185,895Liabilities 2020: $0Net Assets 2020: $185,8952020Assets 2021: $195,228Liabilities 2021: $0Net Assets 2021: $195,2282021Assets 2022: $189,323Liabilities 2022: $0Net Assets 2022: $189,3232022Assets 2023: $180,713Liabilities 2023: $0Net Assets 2023: $180,7132023Assets 2024: $182,765Liabilities 2024: $0Net Assets 2024: $182,7652024

Highlighted filing

2023

Assets$180,713
Liabilities$0
Net Assets$180,713
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0-$50KRevenue 2020: $187,996Expenses 2020: $2,093Net Income 2020: $185,9032020Revenue 2021: $13,829Expenses 2021: $4,410Net Income 2021: $9,4192021Revenue 2022: $3,305Expenses 2022: $9,079Net Income 2022: -$5,7742022Revenue 2023: -$281Expenses 2023: $8,253Net Income 2023: -$8,5342023Revenue 2024: $10,830Expenses 2024: $8,874Net Income 2024: $1,9562024

Highlighted filing

2023

Revenue-$281
Expenses$8,253
Net Income-$8,534
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 30, 2024
Return Version
2023v5.0
Gross Receipts
$137,433
Mission and Program Overview

Mission

Provide ongoing regular visitation to residents of long-term care facilities in boone county, illinois, and for home-bound individuals who do not receive such visitors.

Program Services

DescriptionGrantsExpenses
`FUNDS TO LONG-TERM CARE FACILITIES$3,892$3,892
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Trustee-$3,500-$3,500
Governance and Compliance

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1A

“NONE”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

“No meetings were necessary”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

“No meetings were necessary”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“Reviewed by officers with trustee”

Form 990, Page 6, Part VI, Line 18

“Request from trustee midland states bank”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST”

Form 990, Page 7, Part VII, Section A

“Midland states bank, 5 hours/month”

Filing and Contact Details

Filer

Filer Name
Edith J Watts Charitable Trust
EIN
84-6899987
Phone
8152312481
Address
6838 E STATE STREET SUITE 2, ROCKFORD, IL 61108

Signing Officer

Name
Kristin Stupples
Title
Vice President
Phone
8152312481
Signed
2024-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Ernst & Young US Llp
Address
1200 EAST MARKET STREET SUITE 720, AKRON, OH 44305
Preparer
Justin P Tuttle
Phone
6142973214
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

“Mutual fund timing adjustment ($8)”

Form 990-EZ, Part I, Line 8

“Other revenue 18 blackrock strat inc opp port cl k 103”

Form 990-EZ, Part I, Line 16

“Tax Preparation Fee (non-allocable) 825 State Income Taxes - Principal 15 Foreign Taxes on Qualified Foreign 18 Foreign Taxes on Nonqualified Forei 3”

Form 990-EZ, Part I, Line 20

“Net Mutual Fund Timing Adjustment 23 ROUNDING 2”

Form 990-EZ, Part I, Line 20

“Roc applied to cy sales 101”

Raw XML Appendix142 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MIDLAND STATES BANK
IRS990EZ/BooksInCareOfDetail/PhoneNum08152312481
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06838 E STATE ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCKFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd061108
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0189323
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0180713
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt0137714
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8534
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0189323
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0180713
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-6036
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03892
IRS990EZ/GrossReceiptsAmt0137433
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt05634
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0189323
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0180713
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0189323
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0180713
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0MIDLAND STATES BANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt03500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization4947a1NotPFInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-76
IRS990EZ/OtherExpensesTotalAmt0861
IRS990EZ/OtherRevenueTotalAmt0121
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE ONGOING REGULAR VISITATION TO RESIDENTS OF LONG-TERM CARE FACILITIES IN BOONE COUNTY, ILLINOIS, AND FOR HOME-BOUND INDIVIDUALS WHO DO NOT RECEIVE SUCH VISITORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0`FUNDS TO LONG-TERM CARE FACILITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03892
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03892
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt03500
IRS990EZ/SaleOfAssetsGrossAmt0131678
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08253
IRS990EZ/TotalProgramServiceExpensesAmt03892
IRS990EZ/TotalRevenueAmt0-281
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0182585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0182585
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0182585
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0182585
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0182585
IRS990ScheduleA/TotalSupportAmt0182585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO MEETINGS WERE NECESSARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO MEETINGS WERE NECESSARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY OFFICERS WITH TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REQUEST FROM TRUSTEE MIDLAND STATES BANK
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MIDLAND STATES BANK, 5 HOURS/MONTH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MUTUAL FUND TIMING ADJUSTMENT ($8)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER REVENUE 18 BLACKROCK STRAT INC OPP PORT CL K 103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Tax Preparation Fee (non-allocable) 825 State Income Taxes - Principal 15 Foreign Taxes on Qualified Foreign 18 Foreign Taxes on Nonqualified Forei 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Net Mutual Fund Timing Adjustment 23 ROUNDING 2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ROC APPLIED TO CY SALES 101
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 7, PART VII, SECTION A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTIN STUPPLES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08152312481
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDITH J WATTS CHARITABLE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0WATT
ReturnHeader/Filer/EIN0846899987
ReturnHeader/Filer/PhoneNum08152312481
ReturnHeader/Filer/USAddress/AddressLine1Txt06838 E STATE STREET SUITE 2
ReturnHeader/Filer/USAddress/CityNm0ROCKFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061108
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0346565596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01200 EAST MARKET STREET SUITE 720
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AKRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044305
ReturnHeader/PreparerPersonGrp/PhoneNum06142973214
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN P TUTTLE
ReturnHeader/ReturnTs02024-05-09T13:01:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$180,713
Liabilities
$0
Net assets
$180,713
Revenue
-$281
Expenses
$8,253
Net income
-$8,534
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$0.11$0.09$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.00$0.08$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.03$0.09$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.14$0.04$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.86$1.88$0.02$1.86