WATSON CARING SCIENCE INSTITUTE (EIN 260803334) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

JULIE WATSON

Phone

9545081115

Tax Period

2023-01-01 to 2023-12-31

WATSON CARING SCIENCE INSTITUTE, founded in 2007, is a community nonprofit in the Science & Technology sector that reported $1.2M in total revenue in fiscal year 2023.

Mission

SUPPORTING NURSES BY RESTORING CARING-HEALING, NURTURING TEAMS, AND GROWING WATSON'S CARING SCIENCE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $69,142

Program Service Revenue $1,068,944

Investment Income $-3,437

Other Revenue $66,665

TOTAL REVENUE $1,201,314

Expense Breakdown

Grants Paid $500

Salaries & Benefits $288,980

Fundraising Expenses $14,281

Program Expenses $823,044

Other Expenses $946,009

TOTAL EXPENSES $1,235,489

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,201,314	$1,120,365	+0.1%
Expenses	$1,235,489	$1,152,831	+0.1%
Net Income	$-34,175	$-32,466	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

128

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$120,000

Total Directors

$120,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR JEAN WATSON	FOUNDER, DIRECTOR	40.00	Officer Director	$0	$0	$0
JULIE WATSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$120,000	$0	$120,000
BARBARA BREWER	PRESIDENT	7.00	Officer Director	$0	$0	$0
KAREN DRENKARD	VICE-PRESIDENT	5.00	Officer Director	$0	$0	$0
DR GRISSEL HERNANDEZ	SECRETARY	7.00	Officer Director	$0	$0	$0
BROOKS TURKEL	TREASURER	7.00	Officer Director	$0	$0	$0
JIM D'ALFONSO	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,201,314	$1,235,489	$565,323	$-34,175
2022	$1,120,365	$1,152,831	$291,250	$-32,466
2021	$730,953	$630,863	$339,933	$100,090
2020	$364,039	$396,877	$250,751	$-32,838
2019	$1,044,487	$829,834	$727,600	$214,653
2018	$734,382	$654,177	$127,175	$80,205

WATSON CARING SCIENCE INSTITUTE