JUSTIN J WATT FOUNDATION INC (EIN 273516574) - 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

2011

Legal Domicile

Principal Officer

CONNIE WATT

Phone

2622124598

Tax Period

2023-07-01 to 2024-06-30

JUSTIN J WATT FOUNDATION INC, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $625K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $329K, a strong 53% operating margin.

Mission

OUR MISSION IS TO PROVIDE AFTER-SCHOOL OPPORTUNITIES FOR MIDDLE-SCHOOL AGED CHILDREN IN THE COMMUNITY TO BECOME INVOLVED IN ATHLETICS SO THAT THEY MAY LEARN THE CHARACTER TRAITS OF ACCOUNTABILITY, TEAMWORK, LEADERSHIP, WORK ETHIC, AND PERSEVERANCE WHILE IN A SAFE AND SUPERVISED ENVIRONMENT WITH THEIR PEERS.

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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 $378,904

Program Service Revenue $0

Investment Income $58,449

Other Revenue $187,873

TOTAL REVENUE $625,226

Expense Breakdown

Grants Paid $229,537

Salaries & Benefits $29,643

Fundraising Expenses $10,811

Program Expenses $229,537

Other Expenses $37,016

TOTAL EXPENSES $296,196

Year-over-Year Comparison

	2023	2022	Change
Revenue	$625,226	$723,657	-0.1%
Expenses	$296,196	$258,135	+0.1%
Net Income	$329,030	$465,522	-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

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

$25,000

Total Directors

$25,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN J WATT	PRESIDENT	2.50	Officer Director	$0	$0	$0
CONNIE L WATT	VICE PRESIDENT	16.00	Officer Director	$25,000	$0	$25,000
JONATHAN SINGER	DIRECTOR	1.00	Director	$0	$0	$0
RICHELLE MARTIN JD	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$625,226	$296,196	$2,091,252	$329,030
2023	$723,657	$258,135	$1,727,861	$465,522
2022	$94,128	$225,935	$1,238,544	$-131,807
2021	$159,776	$361,587	$1,446,907	$-201,811
2020	$1,613,792	$1,171,463	$1,616,572	$442,329
2019	$1,006,545	$12,592,862	$1,146,065	$-11,586,317

JUSTIN J WATT FOUNDATION INC