Madge B & Felix H Watson Foundation is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 2002, with $152,130 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$152K
▲ 45.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$121K
Net assets
$1.4M
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 Madge B & Felix H 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 →
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 Madge B & Felix H Watson Foundation: 142 mo reserves · +20% 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 Madge B & Felix H 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 →
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 Madge B & Felix H Watson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $261K (FY2018) to $152K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
20.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$0
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $152,130▲45.1% | $120,969▼4.1% | $1,431,121▲2.3% | $1,431,121▲2.3% | 990PF |
| 2023 | $104,829▲9.4% | $126,193▼4.6% | $1,399,286▼1.8% | $1,399,286▼2.1% | 990PF |
| 2022 | $95,856▼58.5% | $132,247▲26.2% | $1,424,512▼2.5% | $1,429,664▼2.4% | 990PF |
| 2021 | $231,137▲163% | $104,777▲13.4% | $1,460,903▲9.5% | $1,465,126▲9.4% | 990PF |
| 2020 | $87,773▼1.3% | $92,432▲31.9% | $1,334,543▼0.3% | $1,338,783▼0.3% | 990PF |
| 2019 | $88,949▼65.9% | $70,084▼32.1% | $1,339,202▲1.4% | $1,343,289▲1.4% | 990PF |
| 2018 | $260,583 | $103,241 | $1,320,337 | $1,324,360 | 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 Madge B & Felix H Watson Foundation (EIN 75-2852810) 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.