Watch Inc
- Assets
- $1.3m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 80
- Location
- Murray, KY
- Founding
- 08/1985
- Data as of
- 06/2022
- EIN
- 61-0719760
Organization Overview
Watch Inc is located in Murray, KY. The organization was established in 1985. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Watch Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watch 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 06/2022, Watch Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. 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
WATCH, INC.'S MISSION IS TO ASSIST DEVELOPMENTALLY/INTELLECTUALLY DISABLED ADULTS AND INDIVIDUALS WITH ACQUIRED BRAIN INJURIES IN BECOMING FULLY INITEGRATED INTO THEIR COMMUNITY THROUGH WORK TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER 50 INDIVIDUALS WITH IDENTIFIED DISABILITIES HAVE RECEIVED SOME FORM OF WORK TRAINING TO BECOME MORE INTEGRATED WITH THE COMMUNITY.
OVER 50 INDIVIDUALS WITH IDENTIFIED DISABILITIES HAVE RECEIVED SOME FORM OF WORK TRAINING TO BECOME MORE INTEGRATED WITH THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ava Watkins Chairman | Trustee | $0 | |
Georgianna Moffitt Sec/treas | Trustee | $0 | |
Betty Brockway Vice Chairma | Trustee | $0 | |
John Dale Director | Trustee | $0 | |
Sharon Hart Director | Trustee | $0 | |
Leah Hart Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $216,917 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,157 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,074 |
| Total Program Service Revenue | $743,277 |
| Investment income | $1,893 |
| 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 | $1,032,244 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $465,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $118,097 |
| Payroll taxes | $32,117 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $185,864 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,907 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,019,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $424,137 |
| Savings and temporary cash investments | $0 |
| 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 | $863,978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,288,115 |
| Accounts payable and accrued expenses | $5,546 |
| 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 | $5,546 |
| Net assets without donor restrictions | $1,282,569 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,288,115 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Watch Inc has recieved totaling $129.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $129 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Epic Peoria, IL | $12,938,374 | $20,980,141 |
New Star Inc Chicago Heights, IL | $17,179,353 | $15,946,241 |
Employment Solutions Inc Lexington, KY | $14,556,479 | $16,573,430 |
Easter Seals Tristate Cincinnati, OH | $28,695,386 | $25,913,475 |
Community Alternatives Incorporated Norfolk, VA | $5,227,014 | $13,773,753 |
Portco Inc Suffolk, VA | $2,077,717 | $9,434,318 |
Southern Indiana Resource Solutions Inc Boonville, IN | $5,969,301 | $8,999,588 |
Park Center Nashville, TN | $31,811,535 | $21,739,362 |
Vocational Guidance Services Cleveland, OH | $23,016,437 | $6,003,961 |
Kaskaskia Workshop Inc Centralia, IL | $10,704,130 | $7,342,064 |
Opportunity House Inc Sycamore, IL | $8,989,857 | $6,978,636 |
Pace Enterprises Of West Virginia Inc Morgantown, WV | $5,926,586 | $7,049,536 |