Nonprofit · EIN 46-3491365
DAVID P WATSON FOUNDATION
Tax-exempt · EL SEGUNDO, CA 90245
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $826,218 | $759,810 | $66,408 | $11,439,499 | $0 | $11,439,499 |
| December 31, 2024 | 990-PF | $1,051,861 | $784,177 | $267,684 | $10,518,349 | $0 | $10,518,349 |
| December 31, 2023 | 990-PF | $6,259,526 | $574,021 | $5,685,505 | $10,227,610 | $0 | $10,227,610 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $376,506
- Interest
- $8,970
- Net gain from sales of assets
- $440,742
Expenses
- Grants and similar amounts paid
- $567,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $568,600
- Excise tax on investment income
- $8,827
Balance sheet and other
- Total assets, start of year
- $10,518,349
- Total assets, end of year
- $11,439,499
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,439,499
- Fair market value of assets
- $11,439,499
- Qualifying distributions
- $568,600
- Net investment income
- $826,218
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY A BEAN PO BOX 2848, EL SEGUNDO, CA 90245 | PRESIDENT | 10 | $0 |
| TIMOTHY E CURRY PO BOX 2848, EL SEGUNDO, CA 90245 | CEO/CFO | 15 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIMOTHY E CURRY PO BOX 2848, EL SEGUNDO, CA 90245 | CEO/CFO | 15 | $15,000 |
| AMY A BEAN PO BOX 2848, EL SEGUNDO, CA 90245 | PRESIDENT | 10 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY A BEAN PO BOX 2848, EL SEGUNDO, CA 90245 | PRESIDENT | 10 | $25,000 |
| TIMOTHY E CURRY PO BOX 2848, EL SEGUNDO, CA 90245 | CEO/CFO | 10 | $25,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 2848, EL SEGUNDO, CA 90245-1948
- Signed the 990-PF
- TIMOTHY CURRY, CFO
- Phone
- (310) 463-3785
- Return prepared by
- JOEL A SCHOFF CPA A PROFESSIONAL CORP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 46-3491365
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Human services (P03)
- Assets (IRS master file)
- $11,439,499
- Income (IRS master file)
- $3,428,790
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $826,218 | $759,810 | $11,439,499 | IRS |
| 990-PF | December 2024 | $1,051,861 | $784,177 | $10,518,349 | XML |
| 990-PF | December 2023 | $6,259,526 | $574,021 | $10,227,610 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about DAVID P WATSON FOUNDATION
- What is the EIN of DAVID P WATSON FOUNDATION?
- The employer identification number (EIN) of DAVID P WATSON FOUNDATION is 46-3491365.
- Is DAVID P WATSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to DAVID P WATSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DAVID P WATSON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAVID P WATSON FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAVID P WATSON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of DAVID P WATSON FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does DAVID P WATSON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $826,218, expenses of $759,810 and total assets of $11,439,499 at year end.
Other nonprofits in EL SEGUNDO
- THORN EIN 27-0943677 · last filed 990 for 2024
- FUND FOR GUARANTEED INCOME EIN 86-1909049 · last filed 990 for 2024
- LEVEL UP SOLUTIONS INC EIN 47-3406976 · last filed 990 for 2025
- WHEELER FAMILY FOUNDATION EIN 85-3587210 · last filed 990-PF for 2024
- SOUTH BAY SPORTS HEALTH & RECREATION EIN 47-5060072 · last filed 990 for 2024
- WALK WITH SALLY EIN 61-1472800 · last filed 990 for 2024
- GLOBAL BRIDGE FOUNDATION EIN 95-4703036 · last filed 990-PF for 2025
- UNIVERSAL SOUND AND BLISSED YOGA EIN 81-0685853 · last filed 990-N for 2024