Watson One More INC: FY2023 Nonprofit Profile & Form 990 (EIN 26-1365205)

Revenue by fiscal year
FY2020	$234K
FY2021	$1.0M
FY2022	$10K
FY2023	$133K
FY2024	−$115K

Expenses by fiscal year
FY2020	$106K
FY2021	$120K
FY2022	$98K
FY2023	$198K
FY2024	$42K

Net assets by fiscal year
FY2020	$342K
FY2021	$1.2M
FY2022	$1.1M
FY2023	$1.1M
FY2024	$924K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

20 cents of each dollar spent went to programs.

20%

23%

57%

Program services 20% · $40K Management & general 23% · $44K Fundraising 57% · $113K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation

Benjamin Watson

President

$0Pt VII · Sec A

Kirsten Watson

Vice President

$0Pt VII · Sec A

See Watson One More INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Spreading Christ's love and hope by meeting needs, promoting education, and offering enrichment.

Questions for Watson One More INC

Tap to ask. Watson One More INC sees how many people are interested.

Your first name shows with your question. Watson One More INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $40K · in their own filed words · FY2023

01

The watson seven foundation aims to make a sizable impact by strategically partnering with faith-based organizations to create a network of impact focused on strengthening families by giving them opportunities to thrive.

$40Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2020

Servant FoundationFY2020$1.0M

Natl Christian Charitable Fdn INCFY2020$160K

Educational Media FoundationFY2020$20K

Total grants receivedfrom 3 funders$1.2M

See all 3 funders →

Grants paid · 2 grants · $20K · 2021–2022

Pro-Black Pro-LifeOH · FY2022$13,328

Pro-Black Pro-LifeOH · FY2021$6,664

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$133K

Ln 12

Gifts and grantsLn 1h$95K

Investment incomeLn 3$38K

Money outPt IX

$198K

Ln 25

Programscol B$40K

Managementcol C$44K

Fundraisingcol D$113K

Owns and owesPt X

$1.1M

net assets · Ln 32

Cash and savingsLn 1–2$919K

Total assetsLn 16$1.1M

LiabilitiesLn 26$0

PeoplePt VI, VII

2

listed · VII A

PaidVII A0

Voting boardVI 1a2

IndependentVI 1b2

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$95K

Noncash giftsLn 1g$93K

Investment incomeLn 3$38K

Gains on assetsLn 7−$1K

Total revenueLn 12$133K

Assets in detailPt X, end of year

CashLn 1$13K

SavingsLn 2$906K

Cash and savings togetherLn 1–2$919K

Total assetsLn 16$1.1M

LiabilitiesLn 26$0

Net assetsLn 32$1.1M

OperationsPt I, VI

EmployeesI 50

VolunteersI 62

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$984K	$919K
Total assetsLn 16	$1.1M	$1.1M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$1.1M	$1.1M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$279	$279
Grants to domestic individualsLn 2	$2K	$2K
Legal feesLn 11b	$827		$827
Accounting feesLn 11c	$2K		$2K
Advertising and promotionLn 12	$151K	$38K		$113K
Information technologyLn 14	$6K		$6K
TravelLn 17	$34K		$34K
Other expenses (24a–d)Ln 24	$3K		$3K
Total functional expensesLn 25	$198K	$40K	$44K	$113K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	−$115K	$42K	−$157K	$924K	990 PDF
FY2023 Viewing	$133K	$198K	−$65K	$1.1M	990 PDF
FY2022	$10K	$98K	−$88K	$1.1M	990 PDF
FY2021	$1.0M	$120K	$892K	$1.2M	990 PDF
FY2020	$234K	$106K	$128K	$342K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations

See the full FY2023 990 (6 parts)

Part I · Summary $132,655 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $10,150$94,789

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $0$37,866

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $10,150$132,655

I-13 Grants and similar amounts paidPrior year $13,328$2,279

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $85,011$195,345

I-18 Total expensesPrior year $98,339$197,624

I-19 Revenue less expensesPrior year −$88,189−$64,969

Part VI · Governance 2 of 2 board members independent, 5 to look at

VI-1a Voting members of the governing body2

VI-1b Independent voting members2

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

Part VIII · Statement of revenue $132,655 across 6 lines filed

VIII-1f All other contributions, gifts and grants$94,789

VIII-1g Noncash contributions (included above)$92,756

VIII-1h Total contributions, gifts and grants$94,789

VIII-3 Investment incomeExcluded from tax $38,923$38,923

VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,057−$1,057

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $37,866$132,655

Part IX · Statement of functional expenses $197,624 across 8 lines filed

IX-1 Grants to domestic organizationsPrograms $279$279

IX-2 Grants to domestic individualsPrograms $2,000$2,000

IX-11b Legal feesManagement $827$827

IX-11c Accounting feesManagement $1,700$1,700

IX-12 Advertising and promotionPrograms $37,718 · Fundraising $113,155$150,873

IX-14 Information technologyManagement $5,542$5,542

IX-17 TravelManagement $33,896$33,896

IX-24 Other expenses (24a–d)Management $2,507$2,507

IX-25 Total functional expensesPrograms $39,997 · Management $44,472 · Fundraising $113,155$197,624

Part X · Balance sheet $1,080,802 assets, 7 lines filed

Asset lines not itemized here account for $162,180; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $983,591$13,033

X-2 Savings and temporary cash investments$905,589

X-16 Total assetsStart of year $1,145,771$1,080,802

X-26 Total liabilitiesStart of year $0$0

X-27 Net assets without donor restrictionsStart of year $1,145,771$1,080,802

X-32 Total net assets or fund balancesStart of year $1,145,771$1,080,802

X-33 Total liabilities and net assetsStart of year $1,145,771$1,080,802

Part XI · Reconciliation of net assets $1,080,802 net assets at year end

XI-1 Total revenue$132,655

XI-2 Total expenses$197,624

XI-3 Revenue less expenses−$64,969

XI-4 Net assets at start of year$1,145,771

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$1,080,802

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Watson One More INC FY2023 filing

Before you give