WATTS LEARNING CENTER INC (EIN 261910610) - 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

EUGENE L FISHER

Tax Period

2024-07-01 to 2025-06-30

WATTS LEARNING CENTER INC, founded in 2007, is a small nonprofit in the Education sector that reported $433K in total revenue in fiscal year 2024. Expenses of $526K exceeded revenue, resulting in a 22% operating deficit.

Mission

WATTS LEARNING CENTER INC.'S PRIMARY PURPOSE IS THE FINANCING,DEVELOPMENT, LEASING AND MAINTENANCE OF SCHOOL EDUCATIONAL FACILITIES FOR THE SUPPORT OF WATTS LEARNING CENTER FOUNDATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $432,620

Investment Income $0

Other Revenue $0

TOTAL REVENUE $432,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $526,130

TOTAL EXPENSES $526,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$432,620	$432,669	0.0%
Expenses	$526,130	$577,349	-0.1%
Net Income	$-93,510	$-144,680	-0.4%

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

N/A

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
EUGENE L FISHER	PRESIDENT	2.00	Officer Director	$0	$0	$0
JUSTIN SANDERS	MEMBER	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
2025	$432,620	$526,130	$8,903,806	$-93,510
2024	$432,669	$577,349	$9,074,442	$-144,680
2023	$429,463	$449,647	$9,337,036	$-20,184
2022	$420,012	$465,603	$9,471,730	$-45,591
2021	$420,003	$472,124	$9,611,649	$-52,121
2020	$420,017	$476,432	$9,811,622	$-56,415
2019	$420,009	$482,966	$10,011,296	$-62,957
2018	$420,006	$445,941	$10,206,210	$-25,935

WATTS LEARNING CENTER INC