Watch Inc
Watch Inc: Consistent Revenue, High Administrative Costs
EIN: 222918528 · Waltham, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.3M |
| Program Spending | 60% |
| Net Assets | $621K |
| Transparency Score | 65/100 |
Is Watch Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Watch Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Watch Inc
Watch Inc (EIN: 222918528) is a nonprofit organization based in Waltham, MA. The organization reported total revenue of $1.1M and total assets of $885K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watch Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Watch Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-93,983 |
| Total Assets | $978K |
| Total Liabilities | $357K |
| Net Assets | $621K |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 36.5% |
| Months of Reserves | 9.4 months |
Financial Health Grade: B
In 2023, Watch Inc reported a deficit of $94K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 36.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Watch Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +6.3% | +23.3% |
| 2022 | -6.1% | +8.6% | -17.3% |
| 2021 | +20.0% | +83.5% | -3.4% |
| 2020 | +92.0% | +23.8% | +68.3% |
| 2019 | -2.0% | +36.4% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Watch Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Watch Inc allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $94K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information.
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.
Red Flags
The following concerns were identified during AI analysis of Watch Inc's IRS 990 filings:
- Administrative expenses appear high relative to program spending, warranting further investigation into efficiency.
- Lack of explicit executive compensation data in the provided filings is a concern for full transparency.
Strengths
The following positive indicators were identified for Watch Inc:
- Consistent revenue generation over several years, indicating stable donor support.
- Assets have shown growth, suggesting financial stability.
Frequently Asked Questions about Watch Inc
Is Watch Inc a legitimate charity?
Watch Inc (EIN: 222918528) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Watch Inc spend its money?
Watch Inc directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to Watch Inc tax-deductible?
Watch Inc is registered as a tax-exempt nonprofit (EIN: 222918528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Watch Inc's spending goes to programs?
Watch Inc directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Watch Inc located?
Watch Inc is headquartered in Waltham, Massachusetts and files with the IRS under EIN 222918528.
How many years of IRS 990 filings does Watch Inc have?
Watch Inc has 13 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 $1.1M in total revenue.
What does Watch Inc do?
Watch Inc is a nonprofit organization in the Unknown sector, located in Waltham, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Watch Inc have?
Watch Inc reported total revenue of $1,102,136. Based on 13 IRS 990 filings on record.
What are Watch Inc's total assets?
Watch Inc holds total assets of $884,521 as reported in IRS 990 filings.
Where is Watch Inc located?
Watch Inc is based in Waltham, Massachusetts.
What is Watch Inc's EIN?
Watch Inc's Employer Identification Number (EIN) is 222918528. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Watch Inc?
Watch Inc is classified under NTEE code Unknown (Unknown).
Is Watch Inc a registered 501(c)(3)?
Watch Inc appears in IRS records (EIN: 222918528). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Watch Inc file IRS Form 990?
Yes, Watch Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Watch Inc's revenue in 2023?
In the 202306 filing period, Watch Inc reported total revenue of $1,160,757, total expenses of $1,254,740, and net assets of $978,400.
Is Watch Inc's revenue growing or declining?
Watch Inc's revenue is growing. Revenue went from $1,037,365 (202206) to $1,160,757 (202306), a +11.9% change. Based on 13 filings on record.
What is Watch Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Watch Inc covers tax period 202306. It shows revenue of $1,160,757, expenses of $1,254,740, total assets of $978,400, and liabilities of $357,334.
How much does Watch Inc spend on programs vs administration?
Based on IRS 990 analysis, Watch Inc allocates approximately 60% of expenses to program services, 30% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Watch Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Watch Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Watch Inc?
The following concerns were identified: Administrative expenses appear high relative to program spending, warranting further investigation into efficiency.. Lack of explicit executive compensation data in the provided filings is a concern for full transparency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Watch Inc's strengths?
Positive indicators for Watch Inc include: Consistent revenue generation over several years, indicating stable donor support.. Assets have shown growth, suggesting financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Watch Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Watch Inc?
• Financial filings are consistently available and provide detailed breakdowns. • The organization's website clearly outlines its mission and programs. • No specific transparency report or impact assessment was readily found beyond standard financial disclosures. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent revenue and asset growth, what specific strategies are in place to optimize the spending breakdown to allocate more funds directly to programs?
Without detailed program expense breakdowns, it's unclear how Watch Inc plans to shift its spending. A review of their strategic plan would be necessary to understand their approach to increasing program efficiency and reducing administrative overhead.
Filing History
IRS 990 filing history for Watch Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Watch Inc's revenue has grown by 233.5%, moving from $348K to $1.2M. Total assets decreased by 35% over the same period, from $1.5M to $978K. Total functional expenses rose by 237.2%, from $372K to $1.3M. In its most recent filing year (2023), Watch Inc reported a deficit of $94K, with expenses exceeding revenue. The organization holds $357K in liabilities against $978K in assets (debt-to-asset ratio: 36.5%), resulting in net assets of $621K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $978K | $357K | — | View 990 |
| 2022 | $1.0M | $1.2M | $794K | $79K | — | View 990 |
| 2021 | $1.1M | $1.1M | $960K | $102K | — | View 990 |
| 2020 | $920K | $592K | $994K | $152K | — | View 990 |
| 2019 | $479K | $478K | $591K | $77K | — | View 990 |
| 2018 | $489K | $350K | $603K | $91K | — | View 990 |
| 2017 | $738K | $302K | $519K | $146K | — | View 990 |
| 2016 | $287K | $269K | $375K | $438K | — | View 990 |
| 2015 | $260K | $244K | $360K | $441K | — | View 990 |
| 2014 | $232K | $233K | $348K | $445K | — | View 990 |
| 2013 | $208K | $228K | $359K | $455K | — | View 990 |
| 2012 | $257K | $332K | $421K | $497K | — | View 990 |
| 2011 | $348K | $372K | $1.5M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $978K (revenue +11.9% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.2M, and assets of $794K (revenue -6.1% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $960K (revenue +20.0% year-over-year).
- 2020: Revenue of $920K, expenses of $592K, and assets of $994K (revenue +92.0% year-over-year).
- 2019: Revenue of $479K, expenses of $478K, and assets of $591K (revenue -2.0% year-over-year).
- 2018: Revenue of $489K, expenses of $350K, and assets of $603K (revenue -33.8% year-over-year).
- 2017: Revenue of $738K, expenses of $302K, and assets of $519K (revenue +156.8% year-over-year).
- 2016: Revenue of $287K, expenses of $269K, and assets of $375K (revenue +10.5% year-over-year).
- 2015: Revenue of $260K, expenses of $244K, and assets of $360K (revenue +12.2% year-over-year).
- 2014: Revenue of $232K, expenses of $233K, and assets of $348K (revenue +11.5% year-over-year).
- 2013: Revenue of $208K, expenses of $228K, and assets of $359K (revenue -19.0% year-over-year).
- 2012: Revenue of $257K, expenses of $332K, and assets of $421K (revenue -26.2% year-over-year).
- 2011: Revenue of $348K, expenses of $372K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Watch Inc:
Data Sources and Methodology
This transparency report for Watch Inc 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.