Watertown Police Benevolent Association Inc
Watertown Police Benevolent Association Inc: Low Program Spending and Declining Assets
EIN: 222897963 · Watertown, CT · NTEE: J40 · Updated: 2026-04-04
Is Watertown Police Benevolent Association Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Watertown Police Benevolent Association Inc
Watertown Police Benevolent Association Inc (EIN: 222897963) is a nonprofit organization based in Watertown, CT, classified under NTEE code J40. The organization reported total revenue of $38K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watertown Police Benevolent Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Watertown Police Benevolent Association Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Watertown Police Benevolent Association Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is not reported in available filings, suggesting it is below the IRS reporting threshold or non-existent, which is typical for organizations with no program expenses.
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 Watertown Police Benevolent Association Inc's IRS 990 filings:
- Zero program spending reported across all available years (2016-2023), with 100% of expenses consistently allocated to administrative costs.
- Total assets have declined significantly from $99,263 in 2016 to $67,906 in 2023.
- The organization's primary activity appears to be fundraising and administrative functions without direct charitable output.
- Lack of detailed information regarding the nature of administrative expenses.
Strengths
The following positive indicators were identified for Watertown Police Benevolent Association Inc:
- The organization maintains a relatively stable level of revenue, averaging around $30,000 annually.
Frequently Asked Questions about Watertown Police Benevolent Association Inc
Is Watertown Police Benevolent Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Watertown Police Benevolent Association Inc (EIN: 222897963) significant concerns. Mission Score: 40/100. 4 red flags identified, 1 strength noted.
How does Watertown Police Benevolent Association Inc spend its money?
Detailed spending breakdown data is not yet available for Watertown Police Benevolent Association Inc. Check back for updated IRS 990 analysis.
Are donations to Watertown Police Benevolent Association Inc tax-deductible?
Watertown Police Benevolent Association Inc is registered as a tax-exempt nonprofit (EIN: 222897963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Watertown Police Benevolent Association Inc do?
Watertown Police Benevolent Association Inc is a nonprofit organization in the Employment sector, located in Watertown, Connecticut. It is classified under NTEE code J40.
How much revenue does Watertown Police Benevolent Association Inc have?
Watertown Police Benevolent Association Inc reported total revenue of $38,060. Based on 13 IRS 990 filings on record.
What are Watertown Police Benevolent Association Inc's total assets?
Watertown Police Benevolent Association Inc holds total assets of $70,764 as reported in IRS 990 filings.
Where is Watertown Police Benevolent Association Inc located?
Watertown Police Benevolent Association Inc is based in Watertown, Connecticut.
What is Watertown Police Benevolent Association Inc's EIN?
Watertown Police Benevolent Association Inc's Employer Identification Number (EIN) is 222897963. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Watertown Police Benevolent Association Inc?
Watertown Police Benevolent Association Inc is classified under NTEE code J40 (Employment).
Is Watertown Police Benevolent Association Inc a registered 501(c)(3)?
Yes, Watertown Police Benevolent Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 222897963.
Does Watertown Police Benevolent Association Inc file IRS Form 990?
Yes, Watertown Police Benevolent Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Watertown Police Benevolent Association Inc's revenue in 2023?
In the 202312 filing period, Watertown Police Benevolent Association Inc reported total revenue of $21,558, total expenses of $30,858, and net assets of $67,906.
Is Watertown Police Benevolent Association Inc's revenue growing or declining?
Watertown Police Benevolent Association Inc's revenue is declining. Revenue went from $45,134 (202212) to $21,558 (202312), a -52.2% change. Based on 13 filings on record.
What is Watertown Police Benevolent Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Watertown Police Benevolent Association Inc covers tax period 202312. It shows revenue of $21,558, expenses of $30,858, total assets of $67,906, and liabilities of N/A.
Is Watertown Police Benevolent Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Watertown Police Benevolent Association Inc shows mixed signals. Mission Score: 40/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for Watertown Police Benevolent Association Inc?
The following concerns were identified: Zero program spending reported across all available years (2016-2023), with 100% of expenses consistently allocated to administrative costs.. Total assets have declined significantly from $99,263 in 2016 to $67,906 in 2023.. The organization's primary activity appears to be fundraising and administrative functions without direct charitable output.. Lack of detailed information regarding the nature of administrative expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Watertown Police Benevolent Association Inc's strengths?
Positive indicators for Watertown Police Benevolent Association Inc include: The organization maintains a relatively stable level of revenue, averaging around $30,000 annually.. These findings are derived from AI analysis of the organization's financial filings.
How does Watertown Police Benevolent Association Inc compensate executives?
Executive compensation is not reported in available filings, suggesting it is below the IRS reporting threshold or non-existent, which is typical for organizations with no program expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given that 100% of expenses are administrative and 0% are programmatic, what specific activities does the Watertown Police Benevolent Association Inc undertake to fulfill its mission?
Based on the provided financial data, the organization's filings do not detail specific programmatic activities. All reported expenses are administrative, suggesting its primary function might be internal operations, member support, or advocacy not categorized as direct public programs.
Filing History
IRS 990 filing history for Watertown Police Benevolent Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Watertown Police Benevolent Association Inc's revenue has declined by 22.7%, moving from $28K to $22K. Total assets decreased by 56.8% over the same period, from $157K to $68K. Total functional expenses fell by 6.3%, from $33K to $31K. In its most recent filing year (2023), Watertown Police Benevolent Association Inc reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $31K | $68K | $0 | — | View 990 |
| 2022 | $45K | $60K | $77K | $0 | — | View 990 |
| 2021 | $29K | $29K | $92K | $0 | — | — |
| 2020 | $35K | $24K | $92K | $0 | — | View 990 |
| 2019 | $28K | $27K | $81K | $0 | — | View 990 |
| 2018 | $27K | $36K | $80K | $0 | — | View 990 |
| 2017 | $40K | $50K | $90K | $0 | — | View 990 |
| 2016 | $29K | $40K | $99K | $0 | — | — |
| 2015 | $27K | $38K | $110K | $0 | — | — |
| 2014 | $27K | $33K | $122K | $0 | — | — |
| 2013 | $31K | $43K | $128K | $0 | — | — |
| 2012 | $20K | $38K | $140K | $0 | — | — |
| 2011 | $28K | $33K | $157K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $31K, and assets of $68K (revenue -52.2% year-over-year).
- 2022: Revenue of $45K, expenses of $60K, and assets of $77K (revenue +56.9% year-over-year).
- 2021: Revenue of $29K, expenses of $29K, and assets of $92K (revenue -16.7% year-over-year).
- 2020: Revenue of $35K, expenses of $24K, and assets of $92K (revenue +21.8% year-over-year).
- 2019: Revenue of $28K, expenses of $27K, and assets of $81K (revenue +6.7% year-over-year).
- 2018: Revenue of $27K, expenses of $36K, and assets of $80K (revenue -33.3% year-over-year).
- 2017: Revenue of $40K, expenses of $50K, and assets of $90K (revenue +38.6% year-over-year).
- 2016: Revenue of $29K, expenses of $40K, and assets of $99K (revenue +6.4% year-over-year).
- 2015: Revenue of $27K, expenses of $38K, and assets of $110K (revenue +0.5% year-over-year).
- 2014: Revenue of $27K, expenses of $33K, and assets of $122K (revenue -13.7% year-over-year).
- 2013: Revenue of $31K, expenses of $43K, and assets of $128K (revenue +52.4% year-over-year).
- 2012: Revenue of $20K, expenses of $38K, and assets of $140K (revenue -26.7% year-over-year).
- 2011: Revenue of $28K, expenses of $33K, and assets of $157K.
Data Sources and Methodology
This transparency report for Watertown Police Benevolent Association 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.