WATSON SEVEN FOUNDATION INC (EIN 261365205) - 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

2008

Legal Domicile

Principal Officer

BENJAMIN WATSON

Phone

4808005360

Tax Period

2023-01-01 to 2023-12-31

WATSON SEVEN FOUNDATION INC, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $133K in total revenue in fiscal year 2023. Revenue surged 1207% from the prior year, signaling strong growth momentum. Expenses of $198K exceeded revenue, resulting in a 49% operating deficit.

Mission

THE ORGANIZATION IS DEDICATED TO IMPACTING LIVES BY SPREADING THE LOVE AND HOPE OF CHRIST TO ONE MORE SOUL BY MEETING REAL NEEDS, PROMOTING EDUCATION AND PROVIDING ENRICHMENT OPPORTUNITIES THROUGH CHARITABLE INITIATIVES AND PARTNERSHIPS.

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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 $94,789

Program Service Revenue $0

Investment Income $37,866

Other Revenue $0

TOTAL REVENUE $132,655

Expense Breakdown

Grants Paid $2,279

Salaries & Benefits $0

Fundraising Expenses $113,155

Program Expenses $39,997

Other Expenses $195,345

TOTAL EXPENSES $197,624

Year-over-Year Comparison

	2023	2022	Change
Revenue	$132,655	$10,150	+12.1%
Expenses	$197,624	$98,339	+1.0%
Net Income	$-64,969	$-88,189	-0.3%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN WATSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
KIRSTEN WATSON	VICE PRESIDENT	1.00	Officer 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	$132,655	$197,624	$1,080,802	$-64,969
2022	$10,150	$98,339	$1,145,771	$-88,189
2021	$1,011,336	$119,773	$1,233,960	$891,563
2020	$233,914	$105,555	$342,397	$128,359

WATSON SEVEN FOUNDATION INC