Watson Street Management & Development Corporation is a 501(c)(3) organization based in Camden, New Jersey, registered in 2021, with $1,762,128 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.8M
▼ 4.2% vs prior year
Housing median: $408K
Expenses (FY2024)
$3.6M
Net assets
-$2.0M
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 Watson Street Management & Development Corporation— 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 Watson Street Management & Development Corporation: 0 mo reserves · -104% margin earns a F 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 Watson Street Management & Development Corporation— 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 Watson Street Management & Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $2.1M (FY2020) to $1.8M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-103.8%
Spent more than it raised in the latest fiscal year.
Total assets
$5.1M
Total liabilities
$7.1M
Net assets
-$2.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,762,128▼4.2% | $3,591,158▲3.7% | -$1,992,106▼963% | $5,118,447▼9.0% | 990 |
| 2023 | $1,839,658▲15.4% | $3,462,925▲64.6% | -$187,406▼116% | $5,623,809▲43.9% | 990 |
| 2022 | $1,594,575▲69.6% | $2,103,507▲112% | $1,137,429▼30.9% | $3,909,075▲19.3% | 990 |
| 2021 | $940,025▼56.0% | $992,917▼11.5% | $1,647,063▼3.1% | $3,276,445▲15.4% | 990 |
| 2020 | $2,138,554 | $1,121,581 | $1,699,955 | $2,840,364 | 990 |
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 Watson Street Management & Development Corporation (EIN 47-1636395) 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.