LUCRESS WATSON AND RICHARD WATSON CHILDRENS FOUNDATION
FRANKLIN,
Texas,
77856
EIN: 01-0718020
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
PO BOX 277
77856
COUNTY
robertson county, TX
IN CARE OF NAME
FNG LLC
ORGANIZATIONAL OVERVIEW & RANKINGS
LUCRESS WATSON AND RICHARD WATSON CHILDRENS FOUNDATION is a based in FRANKLIN, TX, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Operating Foundations. Established in October 2003, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $4,143,493.00, this ranks 100,953 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 6,140 out of 202,022 organizations in TX (Top 4%).
In robertson county, TX, the organization ranks 3 out of 179 nonprofits by assets (Top 2%), while locally in franklin, it stands at 3 among 71 organizations (Top 3%).
The organization reported no revenue in the most recent filing period, placing it at 1,816,021 nationally and 134,513 in TX.
Within its specific NTEE classification (T23 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,678 similar organizations, LUCRESS WATSON AND RICHARD WATSON CHILDRENS FOUNDATION ranks 270 in assets (Top 10%) and 584 in revenue (Top 22%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T23: Private Operating Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$221,738.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2003
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$4,143,493.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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