Blanche M And George L Watts Mountainside Community Foudation

Blanche M And George L Watts Mountainside Community Foundation consistently maintains stable assets and reports 0% officer compensation.

EIN: 202942228 · Westfield, NJ · NTEE: T22 · Updated: 2026-03-28

$1.4MRevenue

$4.3MAssets

90/100Mission Score (Excellent)

T22

About Blanche M And George L Watts Mountainside Community Foudation

Blanche M And George L Watts Mountainside Community Foudation (EIN: 202942228) is a nonprofit organization based in Westfield, NJ, classified under NTEE code T22. The organization reported total revenue of $1.4M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blanche M And George L Watts Mountainside Community Foudation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Blanche M And George L Watts Mountainside Community Foundation demonstrates consistent financial health, maintaining a stable asset base over the past decade, growing from $3,421,749 in 2011 to $3,986,136 in 2023. The organization consistently operates with expenses closely aligned with or below revenue, as seen in 2023 where revenue was $352,561 and expenses were $347,588, indicating responsible financial management. The foundation's liabilities have remained very low, peaking at $18,500 in 2021, which suggests a strong balance sheet and minimal financial risk.

Spending efficiency appears high, particularly given the consistent 0% officer compensation reported across all available filings. This indicates that administrative costs related to executive salaries are non-existent, allowing a greater proportion of funds to be directed towards its community foundation mission. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation is a strong indicator of efficient resource allocation.

Transparency is excellent regarding executive compensation, with a clear record of 0% officer compensation. The consistent filing of IRS Form 990s over a decade also points to a commitment to public disclosure. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a full assessment of spending efficiency and program focus is limited. Further transparency on these specific expenditure categories would enhance understanding of their operational effectiveness.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Blanche M And George L Watts Mountainside Community Foudation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Blanche M And George L Watts Mountainside Community Foudation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported at 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with assets nearing $4 million and annual revenues often exceeding $300,000, suggesting a volunteer-led or very lean operational structure.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Blanche M And George L Watts Mountainside Community Foudation:

Consistent 0% officer compensation, indicating high efficiency and dedication of funds to mission.
Stable and growing asset base, from $3.4M in 2011 to $3.9M in 2023.
Very low liabilities, demonstrating strong financial health and minimal risk.
Expenses generally managed within revenue, showing responsible financial oversight.
Consistent IRS 990 filing history, indicating good transparency practices.

Frequently Asked Questions about Blanche M And George L Watts Mountainside Community Foudation

Is Blanche M And George L Watts Mountainside Community Foundation a good charity?

Based on the available data, the foundation appears to be a very good charity. It maintains a healthy financial position with stable assets, consistently manages expenses within revenue, and notably reports 0% officer compensation, suggesting a high dedication of resources to its mission rather than administrative salaries.

How does the foundation manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or that executive functions are handled by staff whose compensation is categorized differently (e.g., general administrative staff) or by an affiliated entity. This is a significant indicator of efficiency.

What is the trend in the foundation's assets?

The foundation's assets have shown a steady growth trend over the past decade, increasing from $3,421,749 in 2011 to $3,986,136 in 2023, indicating sound financial stewardship and asset management.

Are there any concerns regarding the foundation's liabilities?

No, the foundation's liabilities are consistently very low, ranging from $0 to a peak of $18,500 in 2021, which is negligible compared to its asset base of nearly $4 million. This indicates a very strong financial position with minimal debt.

Filing History

IRS 990 filing history for Blanche M And George L Watts Mountainside Community Foudation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Blanche M And George L Watts Mountainside Community Foudation's revenue has grown by 95%, moving from $181K to $353K. Total assets increased by 16.5% over the same period, from $3.4M to $4.0M. Total functional expenses rose by 68.5%, from $206K to $348K. In its most recent filing year (2023), Blanche M And George L Watts Mountainside Community Foudation reported a surplus of $5K, with revenue exceeding expenses. The organization holds $17K in liabilities against $4.0M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $4.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$353K	$348K	$4.0M	$17K	—	—
2022	$375K	$322K	$4.0M	$18K	—	View 990
2021	$543K	$359K	$3.9M	$19K	—	View 990
2020	$324K	$286K	$3.7M	$2K	—	View 990
2019	$405K	$273K	$3.7M	$2K	—	—
2015	$115K	$231K	$3.6M	$4K	—	View 990
2014	$397K	$212K	$3.7M	$1	—	View 990
2013	$359K	$273K	$3.5M	$1	—	View 990
2012	$197K	$221K	$3.4M	$0	—	View 990
2011	$181K	$206K	$3.4M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $353K, expenses of $348K, and assets of $4.0M (revenue -6.1% year-over-year).
2022: Revenue of $375K, expenses of $322K, and assets of $4.0M (revenue -30.8% year-over-year).
2021: Revenue of $543K, expenses of $359K, and assets of $3.9M (revenue +67.7% year-over-year).
2020: Revenue of $324K, expenses of $286K, and assets of $3.7M (revenue -20.1% year-over-year).
2019: Revenue of $405K, expenses of $273K, and assets of $3.7M (revenue +253.1% year-over-year).
2015: Revenue of $115K, expenses of $231K, and assets of $3.6M (revenue -71.1% year-over-year).
2014: Revenue of $397K, expenses of $212K, and assets of $3.7M (revenue +10.7% year-over-year).
2013: Revenue of $359K, expenses of $273K, and assets of $3.5M (revenue +82.4% year-over-year).
2012: Revenue of $197K, expenses of $221K, and assets of $3.4M (revenue +8.9% year-over-year).
2011: Revenue of $181K, expenses of $206K, and assets of $3.4M.

Data Sources and Methodology

This transparency report for Blanche M And George L Watts Mountainside Community Foudation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.