Watoto Read
- Assets
- $69.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewis Center, OH
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 81-0744535
Organization Overview
Watoto Read is located in Lewis Center, OH. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watoto Read 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 12/2023, Watoto Read generated $44.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $49.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO BUILD 6 BUILDINGS IN THE SUB SAHARAN FOR THE USE AS SCHOOL CLASS ROOMS. WATOTO READ IS ALSO WORKING TO BUILD BENCHES FOR SCHOOL CHILDREN LIVING IN REFUGEE CAMPS IN GOZ BEIDA, CHAD. IN ADDITION, WATOTO READ IS BUILDING A COMMUNITY CENTER IN THE SAME REFUGEE CAMP IN GOZ BEIDA, CHAD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reverend Thomas Hanover Board Member | 1 | $0 | |
Allan Leary Board Member | 0.96 | $0 | |
Carolyn Rothremeel CPA Board Member | 0.19 | $0 | |
Dean Gibson Board Member | 1 | $0 | |
Reverend Casey Wilson Board Member | 6.92 | $0 | |
Reverend Claudine Leary Executive Director | 15.38 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,651 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,651 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,873 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $362 |
| Other expenses | $44,601 |
| Total expenses | $49,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,894 |
| Other assets | $0 |
| Total assets | $69,884 |
| Total liabilities | $13,468 |
| Net assets or fund balances | $56,416 |