THE WATTS 2 BOSTON FOUNDATION (EIN 834043198) - 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

2019

Legal Domicile

Principal Officer

Julie Mulvey

Phone

6172836830

Tax Period

2024-04-01 to 2025-03-31

THE WATTS 2 BOSTON FOUNDATION, founded in 2019, is a small nonprofit in the Youth Development sector that reported $435K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $379K left a modest 13% surplus.

Mission

Watts2Boston provides young scholars from Watts, Los Angeles a loving and nurturing environment through education and experiences by working together with the Los Angeles Police Department, Southeast Division.

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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 $416,849

Program Service Revenue $0

Investment Income $3,658

Other Revenue $14,550

TOTAL REVENUE $435,057

Expense Breakdown

Grants Paid $327,575

Salaries & Benefits $0

Fundraising Expenses $26,816

Program Expenses $329,224

Other Expenses $51,120

TOTAL EXPENSES $378,695

Year-over-Year Comparison

	2024	2023	Change
Revenue	$435,057	$314,640	+0.4%
Expenses	$378,695	$246,676	+0.5%
Net Income	$56,362	$67,964	-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

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
Julie Mulvey	President	25.00	Officer Director	$0	$0	$0
Cameron Mulvey	Vice President	2.00	Officer Director	$0	$0	$0
Chris Connors	Secretary	2.00	Officer Director	$0	$0	$0
Claire Cacciapaglia	Director	2.00	Director	$0	$0	$0
Chris Baynes	Treasurer	3.00	Officer Director	$0	$0	$0
Emada Tingirides	Director	2.00	Director	$0	$0	$0
Phil Tingirides	Director	2.00	Director	$0	$0	$0
Ryan Whiteman	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
2025	$435,057	$378,695	$182,262	$56,362
2024	$314,640	$246,676	$131,034	$67,964

THE WATTS 2 BOSTON FOUNDATION