Greater Watts Development Corporation (EIN 952627796) - 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

1968

Legal Domicile

Principal Officer

Timothy Watkins President

Phone

3235635600

Tax Period

2022-07-01 to 2023-06-30

Mission

Charitable, educational and affordable housing activities for the benefit of the residents of Greater Watts area in Los Angeles, CA and neighbooring communities.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $327,298

Fundraising Expenses $0

Program Expenses $532,828

Other Expenses $209,030

TOTAL EXPENSES $536,328

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	$529,000	-1.0%
Expenses	$536,328	$390,958	+0.4%
Net Income	N/A	$138,042	N/A

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

$336,381

Total Directors

$212,726

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Timothy Watkins	President/CEO	15.00	Officer Director	$57,988	$0	$57,988
Messele Negash	Secretary/Quality Assurance	15.00	Officer Director	$47,122	$0	$47,122
NAIMA GREFFON	VP - Development	40.00	Officer	$123,655	$0	$123,655
Shamika Shoulders	Treasurer	2.00	Officer Director	$0	$25,662	$107,616
Alfred Jones Moore	Board Member	2.00	Director	$0	$0	$0
Tommy Beard Jr	Board Member	2.00	Director	$0	$0	$0
Tyra Goodman	Board Member	2.00	Director	$0	$0	$0
CArmen Taylor Jones	Board Member	2.00	Director	$0	$0	$0
Brian Lee	Board 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
2024	No data	No data	No data	No data
2023	No data	$536,328	$3,468,469	No data
2022	$529,000	$390,958	$3,657,384	$138,042
2021	$738,529	$472,348	$2,770,169	$266,181
2020	$427,212	$331,243	$1,055,754	$95,969

Greater Watts Development Corporation