Civic Intelligence

Edith J Watts Charitable Trust

990EZ • Fiscal year 2021 • EIN 84-6899987

Jan 01, 2021 to Dec 31, 2021 • Filed on May 09, 2022

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.

2021 filings • 4947(a)1 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

0.00x

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

2021 filings • 4947(a)1 • <$500k nonprofits • Source year 2021

Net Margin

85th percentile

68%

Higher net margin than 85% of similar nonprofits.

2021 filings • 4947(a)1 • <$500k nonprofits • Source year 2021

Top Officer Pay

66th percentile

$2,880

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 20.8% of source-year revenue.

2021 filings • 4947(a)1 • <$500k nonprofits • Source year 2021

Asset Growth

75th percentile

5.0%

Faster asset growth than 75% of similar nonprofits.

2021 filings • 4947(a)1 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-93%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 4947(a)1 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$195,228

Up $9,333 (+5.0%) from 2020

Net Assets

Up

$195,228

Up $9,333 (+5.0%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin85th percentile

Revenue

Down

$13,829

Down $174,167 (-93%) from 2020

Expenses

Up

$4,410

Up $2,317 (+111%) from 2020

Net Income

Down

$9,419

Down $176,484 (-95%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth75th 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

2021

Assets$195,228
Liabilities$0
Net Assets$195,228
Open 2021 Filing

Operations Trend

Revenue Growth2nd percentile

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

2021

Revenue$13,829
Expenses$4,410
Net Income$9,419
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.1
Gross Receipts
$59,324
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--
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Trustee-$2,880-$2,880
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
Kristen Campbell Vp
Title
Vice President
Phone
8152312481
Signed
2022-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Ernst & Young US Llp
Address
800 YARD STREET SUITE 200, GRANDVIEW HEIGHTS, OH 43212
Preparer
Doak a Pfaff
Phone
6142327288
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

“Mutual fund timing adjustment ($8)”

Form 990-EZ, Part I, Line 16

“Tax Preparation Fee (non-allocable) 529 State Income Taxes - Principal 290 Federal Tax Payment - Prior Years L 615 Federal Estimates - Principal 75 Foreign Taxes on Qualified Foreign 19 Foreign Taxes on Nonqualified Forei 2”

Form 990-EZ, Part I, Line 20

“2020 4Q Estimated Tax Payment 72 Net Mutual Fund Timing Adjustment 14”

Raw XML Appendix132 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/BOYAmt0185895
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0195228
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt045495
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09419
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0185895
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0195228
IRS990EZ/GainOrLossFromSaleOfAssetsAmt09726
IRS990EZ/GrossReceiptsAmt059324
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt04103
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0185895
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0195228
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0185895
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0195228
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0MIDLAND STATES BANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt02880
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization4947a1NotPFInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-86
IRS990EZ/OtherExpensesTotalAmt01530
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/DescriptionProgramSrvcAccomTxt0FUNDS TO LONG-TERM CARE FACILITIES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02880
IRS990EZ/SaleOfAssetsGrossAmt055221
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/TotalExpensesAmt04410
IRS990EZ/TotalRevenueAmt013829
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/CurrentTaxYearMinus1YearAmt0182585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0182585
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0182585
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0182585
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/ExplanationTxt8Tax Preparation Fee (non-allocable) 529 State Income Taxes - Principal 290 Federal Tax Payment - Prior Years L 615 Federal Estimates - Principal 75 Foreign Taxes on Qualified Foreign 19 Foreign Taxes on Nonqualified Forei 2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt92020 4Q Estimated Tax Payment 72 Net Mutual Fund Timing Adjustment 14
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 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTEN CAMPBELL VP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08152312481
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-09
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/PreparerFirmGrp/PreparerFirmEIN0346565596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 YARD STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRANDVIEW HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043212
ReturnHeader/PreparerPersonGrp/PhoneNum06142327288
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOAK A PFAFF
ReturnHeader/ReturnTs02022-05-11T10:00:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$195,228
Liabilities
$0
Net assets
$195,228
Revenue
$13,829
Expenses
$4,410
Net income
$9,419
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
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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