Nonprofit · EIN 30-0229398
WATERTOWN COMMUNITY FOUNDATION INC
Tax-exempt · WATERTOWN, MA 02471
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $520,473 | $558,493 | -$38,020 | $2,277,207 | $49,511 | $2,227,696 |
| December 31, 2023 | 990 | $1,203,950 | $1,254,686 | -$50,736 | $2,455,063 | $271,451 | $2,183,612 |
| December 31, 2022 | 990 | $682,820 | $867,518 | -$184,698 | $2,214,408 | $169,973 | $2,044,435 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $315,565
- of which government grants
- $77,348
- Program service revenue
- $0
- Investment income
- $212,527
- Net gain from sales of assets
- $166,327
- Net income from fundraising events
- -$7,619
- Other revenue
- -$7,619
Expenses
- Grants and similar amounts paid
- $285,654
- Compensation of officers, directors and key employees
- $175,442
- Salaries, compensation and benefits (total)
- $187,914
- Professional fundraising fees
- $0
- Accounting fees
- $36,292
- Travel
- $205
- Program services (functional)
- $362,532
- Management and general (functional)
- $161,382
- Fundraising (functional)
- $34,579
Balance sheet and other
- Total assets, start of year
- $2,455,063
- Total assets, end of year
- $2,277,207
- Total liabilities, end of year
- $49,511
- Net assets, end of year
- $2,227,696
- Publicly traded securities
- $2,108,175
- Net assets without donor restrictions
- $356,358
- Net assets with donor restrictions
- $1,871,338
- Gross receipts
- $629,559
- Employees
- 2
- Volunteers
- 365
- Year formed
- 2003
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ATHELIA TILSON | EXECUTIVE DIRECTOR Officer | 40 | $136,250 | $18,285 |
| HEATHER MCMANUS | DIRECTOR OF OPERATIONS Officer | 30 | $20,908 | $0 |
| LAUREN UNSWORTH | CO-PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| MARY ANN MULLIGAN | CO-PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| HEATHER LEARY | VICE PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| ANTHONY PAOLILLO | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| EMILY BARCLAY | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| ALBRIK AVANESSIAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DAVID SIEGEL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| EILEEN HSU-BALZER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| FELICIA SULLIVAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| LORA SABIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NINOS HANNA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ROBERT SHAY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NATHALIE HIGHLAND | DIRECTOR Trustee or director | 5 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN MADDEN | DIRECTOR Trustee or director | 5 | $0 |
| JEN NICHOLSON | DIRECTOR Trustee or director | 5 | $0 |
| LEAH PENNINO | DIRECTOR Trustee or director | 5 | $0 |
| DONNA TUCCINARDI | FORMER DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ATHELIA TILSON | EXECUTIVE DIRECTOR Officer | 40 | $125,000 | $16,055 |
| HEATHER MCMANUS | DIRECTOR OF OPERATIONS Officer | 30 | $12,456 | $0 |
| LAUREN UNSWORTH | CO-PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| MARY ANN MULLIGAN | CO-PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| ANTHONY PAOLILLO | TREASURER/CLERK Trustee or director, Officer | 10 | $0 | $0 |
| EMILY BARCLAY | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| LORA SABIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ROBERT SHAY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| HEATHER LEARY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ALBRIK AVANESSIAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| FELICIA SULLIVAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| EILEEN HSU-BALZER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DONNA TUCCINARDI | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NINOS HANNA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MARIA PANAGGIO-PHILLIPS | FORMER DIRECTOR Trustee or director | 5 | $0 | $0 |
| ELAINA THEMISTOS | FORMER DIRECTOR Trustee or director | 5 | $0 | $0 |
| ELEANOR DONATO | FORMER DIRECTOR Trustee or director | 5 | $0 | $0 |
| ANTONIA O'HARA | FORMER DIRECTOR Trustee or director | 5 | $0 | $0 |
| CHRISTINE PARKER | FORMER DIRECTOR Trustee or director | 5 | $0 | $0 |
| CURTIS TEIXEIRA | FORMER DIRECTOR Trustee or director | 5 | $0 | $0 |
| DAVID SIEGEL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| KATHRYN WHITE | FORMER CO-VICE PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| JENNIFER DAVIS | FORMER CO-VICE PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
990 for the year ended December 31, 2022: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAN SINGER | EXECUTIVE DIRECTOR Officer | 20 | $93,959 |
| DAVID SIEGEL | PRESIDENT Trustee or director, Officer | 10 | $0 |
| MARY ANN MULLIGAN | DIRECTOR Trustee or director | 5 | $0 |
| EILEEN HSU-BALZER | DIRECTOR Trustee or director | 5 | $0 |
| EMILY BARCLAY | SECRETARY Trustee or director, Officer | 10 | $0 |
| KATHRYN WHITE | CO-VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| FELICIA SULLIVAN | DIRECTOR Trustee or director | 5 | $0 |
| ALBRIK AVANESSIAN | DIRECTOR Trustee or director | 5 | $0 |
| ELEANOR DONATO | DIRECTOR Trustee or director | 5 | $0 |
| HEATHER LEARY | DIRECTOR Trustee or director | 5 | $0 |
| MARIA PANAGGIO-PHILLIPS | DIRECTOR Trustee or director | 5 | $0 |
| ANTHONY PAOLILLO | TREASURER/CLERK Trustee or director, Officer | 10 | $0 |
| LORA SABIN | DIRECTOR Trustee or director | 5 | $0 |
| ROBERT SHAY | DIRECTOR Trustee or director | 5 | $0 |
| ELAINA THEMISTOS | DIRECTOR Trustee or director | 5 | $0 |
| LAUREN UNSWORTH | CO-VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| JENNIFER DAVIS | CO-VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| ANTONIA O'HARA | DIRECTOR Trustee or director | 5 | $0 |
| CHRISTINE PARKER | DIRECTOR Trustee or director | 5 | $0 |
| CURTIS TEIXEIRA | DIRECTOR Trustee or director | 5 | $0 |
| DONNA TUCCINARDI | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 334, WATERTOWN, MA 02471-0334
- In care of
- % JAMES E MCDERMOTT
- Principal officer (990 for 2024)
- LAUREN COUGHLIN UNSWORTH, PO BOX 334, WATERTOWN, MA 02471
- Signed the 990
- LAUREN COUGHLIN UNSWORTH, PRESIDENT
- Phone
- (617) 926-1500
- Website
- WWW.WATERTOWNFOUNDATION.ORG
- Return prepared by
- SMITH SULLIVAN & BROWN PC
Mission
THE FOUNDATION COMMENCED OPERATIONS ON DECEMBER 29, 2003. THE FOUNDATION HAS BEEN ORGANIZED TO SUPPORT EDUCATIONAL AND OTHER NON-PROFIT ORGANIZATIONS IN THE TOWN OF WATERTOWN.
Program accomplishments
- THE FOUNDATION COMMENCED OPERATIONS ON DECEMBER 29, 2003. IT HAS BEEN ORGANIZED TO SUPPORT EDUCATIONAL RELATED ACTIVITIES AND OTHER NON-PROFIT ORGANIZATIONS IN THE TOWN OF WATERTOWN.Expenses $362,532 · grants $285,654
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 30-0229398
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $2,277,207
- Income (IRS master file)
- $629,559
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $520,473 | $558,493 | $2,277,207 | XML |
| 990 | December 2023 | $1,203,950 | $1,254,686 | $2,455,063 | XML |
| 990 | December 2022 | $682,820 | $867,518 | $2,214,408 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0229398).
Questions about WATERTOWN COMMUNITY FOUNDATION INC
- What is the EIN of WATERTOWN COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of WATERTOWN COMMUNITY FOUNDATION INC is 30-0229398.
- Is WATERTOWN COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to WATERTOWN COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERTOWN COMMUNITY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WATERTOWN COMMUNITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERTOWN COMMUNITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WATERTOWN COMMUNITY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names LAUREN COUGHLIN UNSWORTH.
- Who are the officers and directors of WATERTOWN COMMUNITY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 2 received compensation from the organization, the highest $136,250 (ATHELIA TILSON, EXECUTIVE DIRECTOR).
- How much revenue does WATERTOWN COMMUNITY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $520,473, expenses of $558,493 and total assets of $2,277,207 at year end.
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