Hyde And Watson Foundation
Hyde And Watson Foundation: Consistent Grantmaking, Minimal Overhead
EIN: 222425725 · Warren, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $13.8M |
| Total Expenses | $8.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $87.3M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Hyde And Watson Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Hyde And Watson Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hyde And Watson Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $3.1M and expenses of $8.2M.
Revenue and Expenses
Hyde And Watson Foundation reported $3.1M in revenue and $8.2M in expenses, a deficit of $5.1M.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 3 strengths are shown from structured and AI review.
Is Hyde And Watson Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $7.4M (90%) |
Across stored filings, Hyde And Watson Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Warren, NJ nonprofitsFollow the Money
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Keep the Investigation Moving
Hyde And Watson Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hyde And Watson Foundation
Hyde And Watson Foundation (EIN: 222425725) is a nonprofit organization based in Warren, NJ. The organization reported total revenue of $13.8M and total assets of $88.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hyde And Watson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hyde And Watson Foundation is a large nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $8.2M |
| Surplus / Deficit | $-5,075,944 |
| Total Assets | $87.3M |
| Total Liabilities | $1 |
| Net Assets | $87.3M |
| Operating Margin | -163.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 128.0 months |
Financial Health Grade: B
In 2023, Hyde And Watson Foundation reported a deficit of $5.1M with expenses exceeding revenue, holds 128.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hyde And Watson Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.7% | -7.9% | -5.5% |
| 2022 | -71.5% | -1.6% | -4.9% |
| 2021 | +110.3% | +16.4% | +5.9% |
| 2020 | -23.2% | +2.5% | -0.9% |
| 2019 | +26.2% | +19.6% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hyde And Watson Foundation with a Mission Score of 85 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, Hyde And Watson Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer board or an arrangement where compensation is covered by an external entity, which is highly efficient for a foundation of this size.
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 Hyde And Watson Foundation:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023 based on total expenses of $8,179,632 and program expenses of $7,361,669).
- Strong asset base, consistently over $80 million, providing long-term stability for grantmaking.
- Minimal administrative and fundraising costs, indicating efficient operations.
Frequently Asked Questions about Hyde And Watson Foundation
Is Hyde And Watson Foundation a legitimate charity?
Hyde And Watson Foundation (EIN: 222425725) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $13.8M. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Hyde And Watson Foundation spend its money?
Hyde And Watson Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hyde And Watson Foundation tax-deductible?
Hyde And Watson Foundation is registered as a tax-exempt nonprofit (EIN: 222425725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hyde And Watson Foundation CEO make?
Hyde And Watson Foundation's highest-compensated officer earns $0 annually. The organization reported $13.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hyde And Watson Foundation's spending goes to programs?
Hyde And Watson Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hyde And Watson Foundation located?
Hyde And Watson Foundation is headquartered in Warren, New Jersey and files with the IRS under EIN 222425725.
How many years of IRS 990 filings does Hyde And Watson Foundation have?
Hyde And Watson Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $13.8M in total revenue.
What does Hyde And Watson Foundation do?
Hyde And Watson Foundation is a nonprofit organization in the Unknown sector, located in Warren, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Hyde And Watson Foundation have?
Hyde And Watson Foundation reported total revenue of $13,803,115. Based on 10 IRS 990 filings on record.
What are Hyde And Watson Foundation's total assets?
Hyde And Watson Foundation holds total assets of $88,200,725 as reported in IRS 990 filings.
Where is Hyde And Watson Foundation located?
Hyde And Watson Foundation is based in Warren, New Jersey.
What is Hyde And Watson Foundation's EIN?
Hyde And Watson Foundation's Employer Identification Number (EIN) is 222425725. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hyde And Watson Foundation?
Hyde And Watson Foundation is classified under NTEE code Unknown (Unknown).
Is Hyde And Watson Foundation a registered 501(c)(3)?
Hyde And Watson Foundation appears in IRS records (EIN: 222425725). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hyde And Watson Foundation file IRS Form 990?
Yes, Hyde And Watson Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Hyde And Watson Foundation's revenue in 2023?
In the 202312 filing period, Hyde And Watson Foundation reported total revenue of $3,103,688, total expenses of $8,179,632, and net assets of $87,251,751.
Is Hyde And Watson Foundation's revenue growing or declining?
Hyde And Watson Foundation's revenue is declining. Revenue went from $4,119,796 (202212) to $3,103,688 (202312), a -24.7% change. Based on 10 filings on record.
What is Hyde And Watson Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Hyde And Watson Foundation covers tax period 202312. It shows revenue of $3,103,688, expenses of $8,179,632, total assets of $87,251,751, and liabilities of $1.
How much does Hyde And Watson Foundation spend on programs vs administration?
Based on IRS 990 analysis, Hyde And Watson Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Hyde And Watson Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Hyde And Watson Foundation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Hyde And Watson Foundation's strengths?
Positive indicators for Hyde And Watson Foundation include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023 based on total expenses of $8,179,632 and program expenses of $7,361,669).. Strong asset base, consistently over $80 million, providing long-term stability for grantmaking.. Minimal administrative and fundraising costs, indicating efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Hyde And Watson Foundation compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer board or an arrangement where compensation is covered by an external entity, which is highly efficient for a foundation of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation, how does the foundation manage its operational and administrative functions, and are there any related party transactions that cover these costs?
The filings consistently show $0 for executive compensation, implying that the foundation's operational and administrative functions are either managed by volunteers, or the costs are absorbed by an affiliated entity or individual without direct compensation from the foundation's reported expenses. Further investigation into related party disclosures would be needed to fully understand this structure.
Filing History
IRS 990 filing history for Hyde And Watson Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hyde And Watson Foundation's revenue has declined by 23.6%, moving from $4.1M to $3.1M. Total assets decreased by 3.5% over the same period, from $90.4M to $87.3M. Total functional expenses rose by 35.6%, from $6.0M to $8.2M. In its most recent filing year (2023), Hyde And Watson Foundation reported a deficit of $5.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $87.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $87.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $8.2M | $87.3M | $1 | — | — |
| 2022 | $4.1M | $8.9M | $92.3M | $1 | — | View 990 |
| 2021 | $14.5M | $9.0M | $97.1M | $1 | — | View 990 |
| 2020 | $6.9M | $7.8M | $91.6M | $4K | — | View 990 |
| 2019 | $9.0M | $7.6M | $92.5M | $0 | — | View 990 |
| 2015 | $7.1M | $6.3M | $87.5M | $215K | — | View 990 |
| 2014 | $5.3M | $6.4M | $86.7M | $15K | — | View 990 |
| 2013 | $4.2M | $5.8M | $86.9M | $160K | — | View 990 |
| 2012 | $3.9M | $5.7M | $88.5M | $23K | — | View 990 |
| 2011 | $4.1M | $6.0M | $90.4M | $276K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $8.2M, and assets of $87.3M (revenue -24.7% year-over-year).
- 2022: Revenue of $4.1M, expenses of $8.9M, and assets of $92.3M (revenue -71.5% year-over-year).
- 2021: Revenue of $14.5M, expenses of $9.0M, and assets of $97.1M (revenue +110.3% year-over-year).
- 2020: Revenue of $6.9M, expenses of $7.8M, and assets of $91.6M (revenue -23.2% year-over-year).
- 2019: Revenue of $9.0M, expenses of $7.6M, and assets of $92.5M (revenue +26.2% year-over-year).
- 2015: Revenue of $7.1M, expenses of $6.3M, and assets of $87.5M (revenue +33.0% year-over-year).
- 2014: Revenue of $5.3M, expenses of $6.4M, and assets of $86.7M (revenue +26.5% year-over-year).
- 2013: Revenue of $4.2M, expenses of $5.8M, and assets of $86.9M (revenue +8.5% year-over-year).
- 2012: Revenue of $3.9M, expenses of $5.7M, and assets of $88.5M (revenue -4.1% year-over-year).
- 2011: Revenue of $4.1M, expenses of $6.0M, and assets of $90.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hyde And Watson Foundation:
Data Sources and Methodology
This transparency report for Hyde And Watson Foundation 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.