Watertown Christian School Foundation Inc
EIN: 274348367 · Watertown, SD · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $238K |
| Total Expenses | $1K |
| Net Assets | $-145,033 |
Is Watertown Christian School Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Watertown Christian School Foundation Inc
Watertown Christian School Foundation Inc (EIN: 274348367) is a nonprofit organization based in Watertown, SD, classified under NTEE code B82. The organization reported total revenue of $238K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watertown Christian School Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Watertown Christian School Foundation Inc is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $1K |
| Surplus / Deficit | +$49K |
| Total Assets | $85K |
| Total Liabilities | $230K |
| Net Assets | $-145,033 |
| Operating Margin | 97.6% |
| Debt-to-Asset Ratio | 270.7% |
| Months of Reserves | 842.0 months |
Financial Health Grade: A
In 2023, Watertown Christian School Foundation Inc reported a surplus of $49K with revenue exceeding expenses, holds 842.0 months of operating reserves (strong position), has a debt-to-asset ratio of 270.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Watertown Christian School Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3267.3% | +1099.0% | +175.5% |
| 2022 | -77.7% | -98.6% | -23.4% |
| 2021 | +15.6% | +34.7% | +1.4% |
| 2020 | +77.8% | -65.7% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Watertown Christian School Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Watertown Christian School Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 270.7%.
Frequently Asked Questions about Watertown Christian School Foundation Inc
Is Watertown Christian School Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Watertown Christian School Foundation Inc (EIN: 274348367) insufficient data. 0 red flags identified, 0 strengths noted.
How does Watertown Christian School Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Watertown Christian School Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Watertown Christian School Foundation Inc tax-deductible?
Watertown Christian School Foundation Inc is registered as a tax-exempt nonprofit (EIN: 274348367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Watertown Christian School Foundation Inc located?
Watertown Christian School Foundation Inc is headquartered in Watertown, South Dakota and files with the IRS under EIN 274348367. It is classified under NTEE code B82.
How many years of IRS 990 filings does Watertown Christian School Foundation Inc have?
Watertown Christian School Foundation Inc has 12 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 $238K in total revenue.
Filing History
IRS 990 filing history for Watertown Christian School Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Watertown Christian School Foundation Inc's revenue has declined by 68.6%, moving from $159K to $50K. Total assets increased by 163.9% over the same period, from $32K to $85K. Total functional expenses fell by 99.2%, from $161K to $1K. In its most recent filing year (2023), Watertown Christian School Foundation Inc reported a surplus of $49K, with revenue exceeding expenses. The organization holds $230K in liabilities against $85K in assets (debt-to-asset ratio: 270.7%), resulting in net assets of $-145,033.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $1K | $85K | $230K | — | — |
| 2022 | $1K | $101 | $31K | $230K | — | View 990 |
| 2021 | $7K | $7K | $40K | $230K | — | View 990 |
| 2020 | $6K | $5K | $40K | $230K | — | View 990 |
| 2019 | $3K | $15K | $36K | $230K | — | View 990 |
| 2018 | $-224,383 | $24K | $46K | $230K | — | View 990 |
| 2017 | $110K | $107K | $72K | $0 | — | View 990 |
| 2016 | $116K | $140K | $71K | $2K | — | View 990 |
| 2015 | $137K | $112K | $98K | $4K | — | View 990 |
| 2014 | $177K | $145K | $74K | $5K | — | View 990 |
| 2013 | $155K | $146K | $46K | $9K | — | View 990 |
| 2012 | $159K | $161K | $32K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $1K, and assets of $85K (revenue +3267.3% year-over-year).
- 2022: Revenue of $1K, expenses of $101, and assets of $31K (revenue -77.7% year-over-year).
- 2021: Revenue of $7K, expenses of $7K, and assets of $40K (revenue +15.6% year-over-year).
- 2020: Revenue of $6K, expenses of $5K, and assets of $40K (revenue +77.8% year-over-year).
- 2019: Revenue of $3K, expenses of $15K, and assets of $36K.
- 2018: Revenue of $-224,383, expenses of $24K, and assets of $46K (revenue -304.2% year-over-year).
- 2017: Revenue of $110K, expenses of $107K, and assets of $72K (revenue -5.0% year-over-year).
- 2016: Revenue of $116K, expenses of $140K, and assets of $71K (revenue -15.8% year-over-year).
- 2015: Revenue of $137K, expenses of $112K, and assets of $98K (revenue -22.5% year-over-year).
- 2014: Revenue of $177K, expenses of $145K, and assets of $74K (revenue +13.9% year-over-year).
- 2013: Revenue of $155K, expenses of $146K, and assets of $46K (revenue -2.3% year-over-year).
- 2012: Revenue of $159K, expenses of $161K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Watertown Christian School Foundation Inc:
Data Sources and Methodology
This transparency report for Watertown Christian School Foundation 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.