Watt Avenue Partnership
- Assets
- $411.6k
- Revenue
- $597.1k
- Investments
- $0.0
- Employees
- 1
- Location
- North Highlands, CA
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 46-5085390
Organization Overview
Watt Avenue Partnership, operating under the name 80 Watt District, is located in North Highlands, CA. The organization was established in 2016. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 80 Watt District is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, 80 Watt District generated $597.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $473.7k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCED SECURITY/MAINTENANCE, ADVOCACY & IMAGE ENHANCEMENT, CAPITAL IMPROVEMENTS, MANAGEMENT, CONTINGENCY & RENEWAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENHANCED MAINTENANCE AND SECURITY: AN ENHANCED MAINTENANCE AND SECURITY PROGRAM, BUILDING UPON EXISTING PUBLIC SERVICES, IS THE PRIMARY FOCUS OF THE PBID. THE ENHANCED MAINTENANCE PROGRAM (UPGRADED TO A TOTAL OF 4 DAYS) INCLUDES GRAFFITI REMOVAL, REGULAR LITTER PICKUP, AND STREET SWEEPING. THE ENHANCED SECURITY PROGRAM INCLUDES 7-DAYS A WEEK/24 HOURS OF UPGRADED PATROL SERVICES.
THE PBID USES A COMBINATION OF PROFESSIONAL STAFF AND VOLUNTEERS TO PROPERLY MANAGE PROGRAMS, COMMUNICATE WITH STAKEHOLDERS AND PROVIDE LEADERSHIP. THE MANAGEMENT TEAM IS RESPONSIBLE FOR PROVIDING THE DAY-TO-DAY OPERATIONS OF THE PBID. ADDITIONAL ADMINISTRATIVE COSTS INCLUDE; ACCOUNTING AND ANNUAL FINANCIAL REVIEWS, INSURANCE, PROGRAM SUPPORT COSTS INCLUDING SUPPLIES, EQUIPMENT AND RENT, AND OTHER ADMINISTRATION COSTS ASSOCIATED WITH THE OVERHEAD AND ADMINISTRATIVE SUPPORT OF PROGRAMS.THE BUDGET INCLUDES A CONTINGENCY RESERVE, WHICH ALSO COVERS DOLLARS TO USE FOR THE 'RENEWAL OF THE PBID IN 2030.' THE CONTINGENCY BUDGET PROVIDES STABILITY TO BUFFER THE ORGANIZATION FROM UNEXPECTED CHANGES IN REVENUE AND THE COSTS OF RENEWING THE PBID.
AS PART OF THIS PROGRAM THE 80 WATT DISTRICT REPRESENTS THE DISTRICT'S BEST INTERESTS AT LOCAL GOVERNMENT AGENCIES, AND PROMOTES THE AREA AS A DESIRABLE PLACE TO LIVE, WORK, AND DO BUSINESS. IN 2019, PBID STAFF REPRESENTED THE DISTRICT IN FRONT OF PUBLIC BODIES AND ON SUPPORTING COALITIONS. ADVOCACY INCLUDED EFFORTS TO SECURE ADDITIONAL FUNDING FOR THE AREA, WORK TO EXPEDITE PERMIT AND DEVELOPMENT PROJECTS BENEFICIAL TO THE DISTRICT, ADDITIONAL SECURITY PRESENCE, LIGHTING, C.P.T.E.D. (CRIME PREVENTION THROUGH ENVIRONMENTAL DESIGN) AND OTHER SERVICES ARE VITAL TO THE WELL-BEING OF THE DISTRICT.
OUR 'LIGHT IT UP' CAMPAIGN INCREASED LIGHTING WITHIN LOCAL/PUBLIC AREAS FOR SAFETY AND SECURITY AND LIGHTING UPGRADES WERE CONTINUED. STREET BANNERS, ADOPT-A-HIGHWAY/STREET PROGRAMS, WERE COMPLETED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Kuhnen Chair | OfficerTrustee | 1 | $0 |
Seth Astle Vice Chair | OfficerTrustee | 1 | $0 |
Spencer Eberle Secretary | OfficerTrustee | 1 | $0 |
Trena Ellis Director | Trustee | 1 | $0 |
Vanessa Mccarthy-Olmstead Director | Trustee | 1 | $0 |
Sam Wingard Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Total Program Service Revenue | $571,754 |
| Investment income | $363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $597,117 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,003 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,490 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,775 |
| Fees for services: Accounting | $2,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,354 |
| Office expenses | $3,592 |
| Information technology | $4,238 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,454 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,561 |
| All other expenses | $447 |
| Total functional expenses | $473,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,581 |
| Savings and temporary cash investments | $234,776 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $288 |
| Total assets | $411,645 |
| Accounts payable and accrued expenses | $3,791 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,791 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $407,854 |
| Total liabilities and net assets/fund balances | $411,645 |