MISSION
The mission of the Watts 2 Boston Foundation is to provide streamlined support for young people in the city of Watts, Operation Progress, and the Los Angeles Police Department, with opportunities arising from the city of Boston.
DEMOGRAPHIC
ADDRESS
PO BOX 934
02090
COUNTY
norfolk county, MA
ORGANIZATIONAL OVERVIEW & RANKINGS
WATTS 2 BOSTON FOUNDATION is a based in WESTWOOD, MA, focused on Youth Development causes , specifically Fund Raising and/or Fund Distribution. Established in June 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $131,034.00, this ranks 461,511 among 2,656,690 nonprofits nationally (Top 18%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 14,830 out of 58,562 organizations in MA (Top 26%).
In norfolk county, MA, the organization ranks 1,441 out of 6,103 nonprofits by assets (Top 24%), while locally in westwood, it stands at 41 among 176 organizations (Top 21%).
The organization reported annual revenue of $314,640.00, ranking 232,179 nationally (Top 9%) and 7,132 in MA (Top 13%).
Within its specific NTEE classification (O12 - O: Youth Development), which includes 3,600 similar organizations, WATTS 2 BOSTON FOUNDATION ranks 161 in assets (Top 5%) and 65 in revenue (Top 2%).
Note: This organization's tax-exempt status was temporarily revoked on August 15, 2021 and was reinstated on August 15, 2021 .
The organization files a 990 (all other) or 990EZ return and operates on a February 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
O: Youth Development
NTEE CODE
O12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Sunday, August 15, 2021;
Reinstated: Sunday, August 15, 2021
TAX PERIOD
03/2024
ACCOUNTING PERIOD
03
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$349,623.00
FORM 990 REVENUE AMOUNT
$314,640.00
RULING DATE
06/2022
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$131,034.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
