Educational Foundation of Watertown Inc

EIN: 391942709 501(c)(3) Education

Watertown, WI

Total Revenue
$134,519
Total Expenses
$64,319
Total Assets
$525,151
Net Assets
$525,151
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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
1999
Legal Domicile
WI
Principal Officer
John Higgins
Tax Period
2025-01-01 to 2025-12-31

Educational Foundation of Watertown Inc, founded in 1999, is a small nonprofit in the Education sector that reported $135K in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $70K, a strong 52% operating margin.

Mission

The Educational Foundation of Watertown is a nonprofit organization who acquires and distributes financial resources to promote and strengthen education opportunities for both public and private schools throughout the Watertown Area School District.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $46,686
Program Service Revenue $0
Investment Income $67,747
Other Revenue $20,086
TOTAL REVENUE $134,519

Expense Breakdown

Grants Paid $59,230
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,230
Other Expenses $5,089
TOTAL EXPENSES $64,319

Year-over-Year Comparison

2025 2024 Change
Revenue $134,519 $161,818 -0.2%
Expenses $64,319 $75,662 -0.1%
Net Income $70,200 $86,156 -0.2%
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

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Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
5

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
4
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathy Wagner President 005.00
Officer Director
$0 $0 $0
Randy Phelps Vice President 003.00
Officer Director
$0 $0 $0
Kate Lapin Secretary 002.00
Officer Director
$0 $0 $0
John Higgins Treasurer 003.00
Officer Director
$0 $0 $0
Jeff Allen Board Member 005.00
Director
$0 $0 $0
Elizabeth Boxell Board Member 001.00
Director
$0 $0 $0
Charity Chandler Board Member 001.00
Director
$0 $0 $0
Jenifer Hedrick Board Member 001.00
Director
$0 $0 $0
Jeanne Higgins Board Member 001.00
Director
$0 $0 $0
Ed Hoy Board Member 001.00
Director
$0 $0 $0
Tina Johnson Board Member 001.00
Director
$0 $0 $0
Neale Jones Board Member 001.00
Director
$0 $0 $0
Christopher Koppes Board Member 001.00
Director
$0 $0 $0
Melissa Lampe Board Member 001.00
Director
$0 $0 $0
Jennine Schildbach Board Member 001.00
Director
$0 $0 $0
Dianne Schultz Board Member 001.00
Director
$0 $0 $0
Paul Sommers Board Member 001.00
Director
$0 $0 $0
Erin Stai Board Member 001.00
Director
$0 $0 $0
Pete Thompson Board Member 001.00
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 $134,519 $64,319 $525,151 $70,200
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