Watson Caring Science Institute
EIN: 260803334 · Deerfield Bch, FL · NTEE: U11
Is Watson Caring Science Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Watson Caring Science Institute
Watson Caring Science Institute (EIN: 260803334) is a nonprofit organization based in Deerfield Bch, FL, classified under NTEE code U11. The organization reported total revenue of $1.1M and total assets of $686K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watson Caring Science Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Watson Caring Science Institute 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 Watson Caring Science Institute 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.
Frequently Asked Questions about Watson Caring Science Institute
Is Watson Caring Science Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Watson Caring Science Institute (EIN: 260803334) insufficient data. 0 red flags identified, 0 strengths noted.
How does Watson Caring Science Institute spend its money?
Detailed spending breakdown data is not yet available for Watson Caring Science Institute. Check back for updated IRS 990 analysis.
Are donations to Watson Caring Science Institute tax-deductible?
Watson Caring Science Institute is registered as a tax-exempt nonprofit (EIN: 260803334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Watson Caring Science Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Watson Caring Science Institute's revenue has grown by 39.6%, moving from $860K to $1.2M. Total assets increased by 847.3% over the same period, from $60K to $565K. Total functional expenses rose by 29.5%, from $954K to $1.2M. In its most recent filing year (2023), Watson Caring Science Institute reported a deficit of $34K, with expenses exceeding revenue. The organization holds $191K in liabilities against $565K in assets (debt-to-asset ratio: 33.9%), resulting in net assets of $374K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $565K | $191K | — | — |
| 2022 | $1.1M | $1.2M | $291K | $163K | — | View 990 |
| 2021 | $731K | $631K | $340K | $180K | — | View 990 |
| 2020 | $364K | $397K | $251K | $175K | — | View 990 |
| 2019 | $1.0M | $830K | $728K | $40K | — | View 990 |
| 2018 | $734K | $654K | $127K | $5K | — | View 990 |
| 2017 | $403K | $344K | $48K | $19K | — | View 990 |
| 2016 | $246K | $318K | $30K | $62K | — | View 990 |
| 2015 | $641K | $561K | $62K | $21K | — | View 990 |
| 2014 | $558K | $527K | $49K | $93K | — | View 990 |
| 2013 | $515K | $561K | $15K | $116K | — | View 990 |
| 2012 | $990K | $1.0M | $57K | $74K | — | View 990 |
| 2011 | $860K | $954K | $60K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $565K (revenue +7.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $291K (revenue +53.3% year-over-year).
- 2021: Revenue of $731K, expenses of $631K, and assets of $340K (revenue +100.8% year-over-year).
- 2020: Revenue of $364K, expenses of $397K, and assets of $251K (revenue -65.1% year-over-year).
- 2019: Revenue of $1.0M, expenses of $830K, and assets of $728K (revenue +42.2% year-over-year).
- 2018: Revenue of $734K, expenses of $654K, and assets of $127K (revenue +82.3% year-over-year).
- 2017: Revenue of $403K, expenses of $344K, and assets of $48K (revenue +63.8% year-over-year).
- 2016: Revenue of $246K, expenses of $318K, and assets of $30K (revenue -61.6% year-over-year).
- 2015: Revenue of $641K, expenses of $561K, and assets of $62K (revenue +14.8% year-over-year).
- 2014: Revenue of $558K, expenses of $527K, and assets of $49K (revenue +8.3% year-over-year).
- 2013: Revenue of $515K, expenses of $561K, and assets of $15K (revenue -47.9% year-over-year).
- 2012: Revenue of $990K, expenses of $1.0M, and assets of $57K (revenue +15.0% year-over-year).
- 2011: Revenue of $860K, expenses of $954K, and assets of $60K.
Data Sources and Methodology
This transparency report for Watson Caring Science Institute 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.