WATTS OF POWER FOUNDATION CORPORATION (EIN 834510126) - 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

2017

Legal Domicile

Principal Officer

PETER WATTS Director

Phone

2133619211

Tax Period

2024-07-01 to 2025-06-30

WATTS OF POWER FOUNDATION CORPORATION, founded in 2017, is a small nonprofit in the Education sector that reported $562K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

TO CREATE A PIPELINE OF BLACK MALE TEACHERS, BY ADDRESSING THE GAPS IN THE RECRUITMENT AND RENTENTION TO HELP THEM SUCCESSFULLY NAGIGATE AND COMPLETE THE PRE-SERVIE PATHWAY TO BECOME FULLY CREDENTIALED TEACHER

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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 $48,737

Program Service Revenue $513,685

Investment Income $0

Other Revenue $0

TOTAL REVENUE $562,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $252,079

Fundraising Expenses $0

Program Expenses $371,962

Other Expenses $310,699

TOTAL EXPENSES $562,778

Year-over-Year Comparison

	2024	2023	Change
Revenue	$562,422	$639,895	-0.1%
Expenses	$562,778	$796,944	-0.3%
Net Income	$-356	$-157,049	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NINA MILLIGAN	MEMBER	0.00	Director	$0	$0	$0
CHRIS BROUSSARD	MEMBER	0.00	Director	$0	$0	$0
JUAN NUNEZ	BOARD CHAIR	0.00	Director	$0	$0	$0
ASMARA OGBAI	VICE CHAIR	0.00	Director	$0	$0	$0
EDITH bRASWELL GRANT	BOARD SECRETARY	0.00	Director	$0	$0	$0
ELDORA SMITH BAKER	TREASURER	0.00	Director	$0	$0	$0
NICOLE SCOTT	MEMBER	0.00	Director	$0	$0	$0
DEMAR MATTHEWS	MEMBER	0.00	Director	$0	$0	$0
DIDI WATTS	MEMBER	0.00	Director	$0	$0	$0
STEPHANIE LAM	MEMEBER	0.00	Director	$0	$0	$0
PETER WATTS	EXECUTIVE DIRECTOR	35.00	Officer	$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	$562,422	$562,778	$257,826	$-356
2024	$639,895	$728,046	$258,182	$-88,151
2023	$404,574	$170,971	$346,333	$233,603
2022	$158,023	$47,643	$112,730	$110,380

WATTS OF POWER FOUNDATION CORPORATION