Watco Charities Inc
- Assets
- $9.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 12/2007
- Data as of
- 12/2022
- EIN
- 26-1302249
Organization Overview
Watco Charities Inc is located in Colorado Springs, CO. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watco Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Watco Charities Inc generated $140.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $140.2k during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO DISTRIBUTE MONEY RAISED TO LOCAL TAX EXEMPT CHARITIES THAT FIT INTO THREE DISTINCT GROUPS: BASIC NEEDS, SELF-SUFFICIENCY, AND CHILD DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Lh Olsen Director | 0 | $0 | |
Daniel J Woodford Director | 0 | $0 | |
John M Woodford Director | 0 | $0 | |
Joseph C Woodford Director | 0 | $0 | |
Jon J Medved Director | 0 | $0 | |
Jeff Tschetter Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,189 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,189 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $140,189 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,020 |
| Other assets | $0 |
| Total assets | $9,020 |
| Total liabilities | $9,020 |
| Net assets or fund balances | $0 |