Edith J Watts Charitable Trust FY2020 filing

Rockford, ILMutual-benefit / member-serving EIN 84-6899987Revenue $188K in FY2020

On file with the IRS6838 E State Street Suite 2, 61108-4610 · Rockford, ILTax-exempt since 0000

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Provide ongoing regular visitation to residents of long-term care facilities in boone county, illinois, and for home-bound individuals who DO not receive such visitors.

$2K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $96K a year · 94% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2K
to officers and key staff · 95% of spending
Concern: pay to officers and key staff is 95% of spending; over 30%.
Pt VII · Sec A
43 mo
of spending, in cash
Plus $178K in investments, Pt X · Ln 11–13
Looks good: 43.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$188K
Spent
$2K
To programs
0%
Net assets
$186K
By yearFY2020–FY2025
Revenue
$188K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$188K
FY2021$14K
FY2022$3K
FY2023−$281
FY2024$11K
FY2025$16K
Expenses
$2K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2K
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024Not on file
FY2025$10K
Net assets
$186K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$186K
FY2021$195K
FY2022$189K
FY2023$181K
FY2024$183K
FY2025$189K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in 0000.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $2K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $2K paid to officers and key staff.

Part VII, Section A · reportable compensation
$1,984Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Midland States Bank$3,500$3,500$2,880$1,984

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Visit lonely seniors in nursing homes and their own homes regularly.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

Funds to long-term care facilities

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$188K
Ln 12
Gifts and grantsLn 1h$183K
Investment incomeLn 3$5K
Money outPt IX
$2K
Ln 25
Managementcol C$2K
Owns and owesPt X
$186K
net assets · Ln 32
Cash and savingsLn 1–2$8K
Total assetsLn 16$186K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$183K
Investment incomeLn 3$5K
Gains on assetsLn 7$539
Total revenueLn 12$188K
Assets in detailPt X, end of year
SavingsLn 2$8K
Cash and savings togetherLn 1–2$8K
InvestmentsLn 11–13$178K
Total assetsLn 16$186K
LiabilitiesLn 26$0
Net assetsLn 32$186K
OperationsPt I, VI
EmployeesI 50
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
LineStart FY20End FY20
Cash and savingsLn 1–2$8K
InvestmentsLn 11–13$178K
Total assetsLn 16$0$186K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$186K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2K$2K
All other expensesLn 24e$109$109
Total functional expensesLn 25$2K$0$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $16K$10K$6K$189K 990 PDF
FY2024 $11K$183K 990 PDF
FY2023 −$281$181K 990 PDF
FY2022 $3K$189K 990 PDF
FY2021 $14K$195K 990 PDF
FY2020 Viewing $188K$2K$186K$186K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $187,996 revenue, 12 lines filed
I-8 Contributions and grants$182,585
I-9 Program service revenue$0
I-10 Investment income$5,411
I-11 Other revenue$0
I-12 Total revenue$187,996
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$1,984
I-16a Professional fundraising fees$0
I-17 Other expenses$109
I-18 Total expensesPrior year $0$2,093
I-19 Revenue less expensesPrior year $0$185,903
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
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
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $187,996 across 5 lines filed
VIII-1f All other contributions, gifts and grants$182,585
VIII-1h Total contributions, gifts and grants$182,585
VIII-3 Investment incomeExcluded from tax $4,872$4,872
VIII-7 Net gain or loss on sales of assetsRelated to mission $539$539
VIII-12 Total revenueRelated to mission $539 · Excluded from tax $4,872$187,996
Part IX · Statement of functional expenses $2,093 across 2 lines filed
IX-5 Pay of current officers, directors and key staffManagement $1,984$1,984
IX-24e All other expensesManagement $109$109
IX-25 Total functional expensesPrograms $0 · Management $2,093 · Fundraising $0$2,093
Part X · Balance sheet $185,895 assets, 6 lines filed
X-2 Savings and temporary cash investments$7,533
X-11 Publicly traded securities$178,362
X-16 Total assetsStart of year $0$185,895
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$185,895
X-33 Total liabilities and net assetsStart of year $0$185,895
Part XI · Reconciliation of net assets $185,895 net assets at year end
XI-1 Total revenue$187,996
XI-2 Total expenses$2,093
XI-3 Revenue less expenses$185,903
XI-4 Net assets at start of year$0
XI-9 Other changes in net assets−$8
XI-10 Net assets at end of year$185,895

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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