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Watts Learning Center Foundation

Los Angeles, CA · EIN 33-0768316 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Watts Learning Center Foundation reported $16.0 million in revenue and $15.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.84 went to program services, $18.11 to management and general costs and $0.05 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. Government grants made up 98.6%. The highest compensation it reported for one person was $224,732 (EXECUTIVE DI). 2 people received more than $100,000 in reportable compensation. Revenue rose 49% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
81.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
18.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
98.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$224,732$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.41%1.28%
People paid over $100,000
Part VII, line 2
28
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.513.3
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$13M expenses · 100.0% of program spending

The foundation provided oversight of the academic, financial, human resource, marketing, parent relations, community relations, and facilties of the Watts Learning Center. ( a charter school of the los angeles unified school district). The foundation also assisted in obtaining temporary advances, loans and grants from others which were used in the development and direct support of the operations of the school. These resources and assistance allowed the school to offer instruction for kindergarten, elementary and middle students during the school year

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DI
Officer, 40.00 hrs/week
$188,242$0$36,490$224,732
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$133,321$0$39,132$172,453

2 people received more than $100,000 in reportable compensation from Watts Learning Center Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $225K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$16M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$16M81.8%$15M$224,732
FY2024 ⓘ$16M$15M81.2%$15M$182,484
FY2023 ⓘ$14M$13M78.7%$14M$187,934
FY2022 ⓘ$13M$12M78.9%$13M$196,833
FY2021 ⓘ$12M$11M78.1%$11M$193,342
FY2020 ⓘ$11M$9.4M81.9%$11M$177,194

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5127
  • Volunteers Part I, line 66

Private foundation grants it received

1 private foundation reported grants to Watts Learning Center Foundation totaling $16 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Watts Learning Center Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Watts Learning Center Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in California

Questions people ask

How much of Watts Learning Center Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Watts Learning Center Foundation reported that 81.8% of its $15.9 million in expenses went to program services, 18.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Watts Learning Center Foundation pay its top executive?

The largest total compensation Watts Learning Center Foundation reported for one person in the fiscal year ending June 30, 2025 was $224,732, for the role of EXECUTIVE DI (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Watts Learning Center Foundation get its money?

Of $16.0 million in revenue in the fiscal year ending June 30, 2025, 100.0% came from contributions and grants (including 98.6% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Watts Learning Center Foundation a registered charity?

The IRS lists EIN 33-0768316 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610449349302376 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540159349300924 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441349349304014 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202312859349302336 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349306843 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141379349301754 · read the filing

All filings for EIN 33-0768316: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.