Frederick O Watson Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Frederick O Watson Foundation is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1989, with $12,757 in FY2023 revenue. CharityIndex grades it D.
4725 Excelsior Blvd Ste 402, Minneapolis, MN, 55416 EIN 41-1625546 Since 1989
Revenue (FY2023)
$13K
▲ 81.5% vs prior year
Expenses (FY2023)
$19K
Net assets
$1.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Frederick O Watson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating929 mo reserves · -49% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frederick O Watson Foundation: 929 mo reserves · -49% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Frederick O Watson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frederick O Watson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4725 Excelsior Blvd Ste 402, Minneapolis, MN, 55416
- City
- Minneapolis
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $4,987 (FY2013) to $13K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.5M
Operating margin
-49.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,757▲81.5% | $19,025▼91.2% | $1,472,988▲16205% | $1,472,988▲16205% | 990PF |
| 2022 | $7,029▲25.8% | $216,088▼11.1% | $9,034▼97.0% | $9,034▼97.0% | 990PF |
| 2021 | $5,586▼65.7% | $243,055▼26.5% | $302,707▼53.4% | $302,707▼53.4% | 990PF |
| 2020 | $16,293▼98.4% | $330,873▲119% | $650,066▼32.7% | $650,066▼32.7% | 990PF |
| 2019 | $1,026,359▲22339% | $151,382▲166% | $966,178▲959% | $966,178▲959% | 990PF |
| 2018 | $4,574▼12.7% | $56,929▲32.0% | $91,217▼36.0% | $91,217▼36.0% | 990PF |
| 2017 | $5,241▼22.0% | $43,118▼35.5% | $142,620▼19.7% | $142,620▼19.7% | 990PF |
| 2016 | $6,718▲20.4% | $66,820▲147% | $177,563▼24.5% | $177,563▼24.5% | 990PF |
| 2015 | $5,582▼9.2% | $27,015▼72.5% | $235,079▼7.6% | $235,079▼7.6% | 990PF |
| 2014 | $6,148▲23.3% | $98,279▼7.4% | $254,460▼26.4% | $254,460▼26.4% | 990PF |
| 2013 | $4,987 | $106,089 | $345,549 | $345,549 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Frederick O Watson Foundation a legitimate nonprofit?
- Yes. Frederick O Watson Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1625546, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Frederick O Watson Foundation's EIN?
- Frederick O Watson Foundation's Employer Identification Number (EIN) is 41-1625546.
- How much revenue does Frederick O Watson Foundation report?
- Frederick O Watson Foundation reported $12,757 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Frederick O Watson Foundation have?
- CharityIndex grades Frederick O Watson Foundation D, based on financial health (reserves and operating margin).
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Data for Frederick O Watson Foundation (EIN 41-1625546) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.