Nonprofit · EIN 83-3076664
WATTS COLLEGE OF NURSING INC
Tax-exempt · DURHAM, NC 27705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,748,360 | $4,167,537 | -$1,419,177 | $19,927 | $489,161 | -$469,234 |
| June 30, 2024 | 990 | $2,807,251 | $4,029,609 | -$1,222,358 | $20,083 | $474,675 | -$454,592 |
| June 30, 2023 | 990 | $3,351,347 | $3,753,406 | -$402,059 | $253,154 | $389,696 | -$136,542 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,550
- Program service revenue
- $2,741,810
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $161,654
- Salaries, compensation and benefits (total)
- $203,037
- Professional fundraising fees
- $0
- Occupancy
- $636,249
- Program services (functional)
- $2,638,745
- Management and general (functional)
- $1,526,762
- Fundraising (functional)
- $2,030
Balance sheet and other
- Total assets, start of year
- $20,083
- Total assets, end of year
- $19,927
- Total liabilities, end of year
- $489,161
- Net assets, end of year
- -$469,234
- Gross receipts
- $2,748,360
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RHONDA BRANDON | DIRECTOR Trustee or director | 0.1 | $0 | $907,056 | $74,213 |
| DEVDUTTA SANGVAI MD | PART YEAR DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $637,051 | $181,170 |
| TERRY MCDONNELL | DIRECTOR Trustee or director | 0.1 | $0 | $675,480 | $71,308 |
| LEIGH BLEECKER | DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $539,968 | $57,054 |
| JASON CARTER | PART YEAR DIRECTOR Trustee or director | 0.1 | $0 | $457,658 | $79,671 |
| PRISCILLA RAMSEUR | DIRECTOR Trustee or director | 0.1 | $0 | $381,982 | $51,809 |
| CANDACE GENTRY | SECRETARY Officer | 0.1 | $0 | $155,658 | $38,234 |
| YOLANDA NEAL | DIRECTOR/PRESIDENT Trustee or director, Officer | 40 | $144,782 | $0 | $33,187 |
| MARY ANN FUCHS | FORMER OFFICER Former | 0 | $0 | $102,863 | $13,289 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARY ANN FUCHS | FORMER OFFICER Former | 0 | $0 | $1,083,315 | $40,376 |
| RHONDA BRANDON | DIRECTOR Trustee or director | 0.1 | $0 | $883,099 | $69,766 |
| DEVDUTTA SANGVAI MD | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $590,341 | $131,230 |
| JONATHAN HOY | FORMER OFFICER Former | 0 | $0 | $546,533 | $48,851 |
| LEIGH BLEECKER | DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $485,406 | $53,943 |
| PRISCILLA RAMSEUR | DIRECTOR Trustee or director | 0.1 | $0 | $375,853 | $49,819 |
| TERRY MCDONNELL | DIRECTOR Trustee or director | 0.1 | $0 | $235,170 | $41,490 |
| CANDACE GENTRY | PART YEAR SECRETARY Officer | 0.1 | $0 | $137,732 | $34,836 |
| YOLANDA NEAL | DIRECTOR/PRESIDENT Trustee or director, Officer | 40 | $139,737 | $0 | $30,590 |
| CARLA NEAL | PART YEAR SECRETARY Officer | 0.1 | $0 | $90,183 | $29,006 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RHONDA BRANDON | DIRECTOR/SECRETARY Trustee or director, Officer | 0.1 | $0 | $822,395 | $64,332 |
| KATHLEEN GALBRAITH | PART YEAR DIRECTOR Trustee or director | 1 | $0 | $619,168 | $101,748 |
| MARY ANN FUCHS | PART YEAR DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $625,223 | $44,749 |
| DEVDUTTA SANGVAI MD | PART YEAR DIRECTOR Trustee or director | 0.1 | $0 | $547,836 | $112,431 |
| JONATHAN HOY | PART YEAR DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $391,737 | $66,980 |
| YOLANDA NEAL | DIRECTOR/PRESIDENT Trustee or director, Officer | 40 | $125,899 | $0 | $27,676 |
| CARLA NEAL | SECRETARY Officer | 0.1 | $0 | $62,423 | $18,470 |
Address and contacts
- Address (IRS master file)
- 2200 W MAIN ST STE 300, DURHAM, NC 27705-4677
- In care of
- % OFFICE OF COUNSEL
- Principal officer (990 for 2024)
- YOLANDA NEAL, 2828 CROASDAILE DRIVE STE 200, DURHAM, NC 27705
- Signed the 990
- YOLANDA NEAL, PRESIDENT
- Phone
- (919) 684-2006
Mission
WATTS COLLEGE OF NURSING, INC. SUPPORTS DUKE UNIVERSITY HEALTH SYSTEM, INC. BY PROVIDING A SUPERIOR EDUCATION THAT MEETS THE CHANGING NEEDS OF STUDENTS, HEALTH CARE CONSUMERS, AND THE NURSING PROFESSION.
Program accomplishments
- WATTS COLLEGE OF NURSING, INC. PROVIDES A SUPERIOR EDUCATION THAT MEETS THE CHANGING NEEDS OF STUDENTS, HEALTH CARE CONSUMERS, AND THE NURSING PROFESSION.Expenses $2,638,745 · revenue $2,741,810
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 83-3076664
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B50)
- Assets (IRS master file)
- $19,927
- Income (IRS master file)
- $2,748,360
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,748,360 | $4,167,537 | $19,927 | IRS |
| 990 | June 2024 | $2,807,251 | $4,029,609 | $20,083 | IRS |
| 990 | June 2023 | $3,351,347 | $3,753,406 | $253,154 | XML |
| 990 | June 2022 | $3,516,582 | $3,448,490 | $94,536 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 83-3076664).
Questions about WATTS COLLEGE OF NURSING INC
- What is the EIN of WATTS COLLEGE OF NURSING INC?
- The employer identification number (EIN) of WATTS COLLEGE OF NURSING INC is 83-3076664.
- Is WATTS COLLEGE OF NURSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to WATTS COLLEGE OF NURSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does WATTS COLLEGE OF NURSING 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 WATTS COLLEGE OF NURSING INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATTS COLLEGE OF NURSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WATTS COLLEGE OF NURSING INC?
- The 990 for the year ended June 30, 2025 names YOLANDA NEAL.
- Who are the officers and directors of WATTS COLLEGE OF NURSING INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization.
- How much revenue does WATTS COLLEGE OF NURSING INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,748,360, expenses of $4,167,537 and total assets of $19,927 at year end.
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