Isaac S Watson Memorial Foundation is a 501(c)(3) organization based in Oakland City, Indiana, registered in 2013, with $6,163 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$6,163
▲ 19.7% vs prior year
Education median: $200K
Expenses (FY2024)
$1,696
Net assets
$31K
Employees
—
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 Isaac S Watson Memorial Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Isaac S Watson Memorial Foundation: 218 mo reserves · +72% margin earns a B+ on this criterion. See the exact thresholds →
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 Isaac S Watson Memorial Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Isaac S Watson Memorial Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1,269 (FY2020) to $6,163 (FY2024) across 5 reported years.
Financial snapshot
Operating margin
72.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$31K
Total liabilities
$0
Net assets
$31K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,163▲19.7% | $1,696▼1.5% | $30,760▲12.9% | $30,760▲12.9% | 990PF |
| 2023 | $5,147▲92.3% | $1,721▲22.3% | $27,243▲2047% | $27,243▲14.6% | 990PF |
| 2022 | $2,676▲121% | $1,407▼2.4% | $1,269 | $23,780▲11.6% | 990PF |
| 2021 | $1,211▼4.6% | $1,442▼2.6% | $0 | $21,306▼3.8% | 990PF |
| 2020 | $1,269 | $1,480 | $0 | $22,144 | 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.
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Data for Isaac S Watson Memorial Foundation (EIN 45-5040400) 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.