Nonprofit · EIN 83-4043198
WATTS 2 BOSTON FOUNDATION
Tax-exempt (reinstated) · WESTWOOD, MA 02090
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $435,057 | $378,695 | $56,362 | $182,262 | $11,716 | $170,546 |
| March 31, 2024 | 990 | $314,640 | $246,676 | $67,964 | $131,034 | $16,850 | $114,184 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $416,849
- Program service revenue
- $0
- Investment income
- $3,658
- Net income from fundraising events
- $13,463
- Other revenue
- $14,550
Expenses
- Grants and similar amounts paid
- $327,575
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,883
- Travel
- $5,148
- Program services (functional)
- $329,224
- Management and general (functional)
- $22,655
- Fundraising (functional)
- $26,816
Balance sheet and other
- Total assets, start of year
- $131,034
- Total assets, end of year
- $182,262
- Total liabilities, end of year
- $11,716
- Net assets, end of year
- $170,546
- Net assets without donor restrictions
- $158,671
- Net assets with donor restrictions
- $11,875
- Gross receipts
- $486,805
- Employees
- 0
- Volunteers
- 25
- Year formed
- 2019
- 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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julie Mulvey | President Trustee or director, Officer | 25 | $0 |
| Cameron Mulvey | Vice President Trustee or director, Officer | 2 | $0 |
| Chris Connors | Secretary Trustee or director, Officer | 2 | $0 |
| Claire Cacciapaglia | Director Trustee or director | 2 | $0 |
| Chris Baynes | Treasurer Trustee or director, Officer | 3 | $0 |
| Emada Tingirides | Director Trustee or director | 2 | $0 |
| Phil Tingirides | Director Trustee or director | 2 | $0 |
| Ryan Whiteman | Director Trustee or director | 2 | $0 |
990 for the year ended March 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julie Mulvey | President Trustee or director, Officer | 25 | $0 |
| Cameron Mulvey | Vice President Trustee or director, Officer | 2 | $0 |
| Chris Connors | Secretary Trustee or director, Officer | 2 | $0 |
| Claire Cacciapaglia | Director Trustee or director | 2 | $0 |
| Chris Baynes | Treasurer Trustee or director, Officer | 3 | $0 |
| Emada Tingirides | Director Trustee or director | 2 | $0 |
| Phil Tingirides | Director Trustee or director | 2 | $0 |
| Ryan Whiteman | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 934, WESTWOOD, MA 02090-0934
- Principal officer (990 for 2024)
- Julie Mulvey, PO BOX 934, Westwood, MA 02090
- Signed the 990
- Julie Mulvey, President
- Phone
- (617) 283-6830
- Website
- www.watts2boston.org
- Return prepared by
- Castro Thresher & Oliveira PC
Mission
Watts2Boston provides young scholars from Watts, Los Angeles a loving and nurturing environment through education and experiences by working together with the Los Angeles Police Department, Southeast Division.
Program accomplishments
- Educational Expenses- Necessary educational needs for our scholars, including tuition, textbooks, laptops, books and airfare. Over 80 students and families received benefit this period.Expenses $175,989 · grants $175,989
- Grants to Organizations- Support for educational foundations, LAPD Partnerships, athletic organizations designated to impoverished areas, good faith donations for future scholars.Expenses $86,790 · grants $86,790
- Support for Individuals- Support for well-being, including food, furniture, rent assistance. About 100 students and families received benefit this period.Expenses $66,445 · grants $64,796
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 83-4043198
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O12)
- Assets (IRS master file)
- $182,262
- Income (IRS master file)
- $486,805
Revocation and reinstatement
- Exemption revoked
- August 15, 2021
- Posted by the IRS
- November 16, 2021
- Reinstated
- Effective August 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $435,057 | $378,695 | $182,262 | XML |
| 990 | March 2024 | $314,640 | $246,676 | $131,034 | XML |
| 990-EZ | March 2023 | – | – | – | IRS |
| 990-EZ | March 2022 | – | – | – | 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 83-4043198).
Questions about WATTS 2 BOSTON FOUNDATION
- What is the EIN of WATTS 2 BOSTON FOUNDATION?
- The employer identification number (EIN) of WATTS 2 BOSTON FOUNDATION is 83-4043198.
- Is WATTS 2 BOSTON FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on August 15, 2021 and reinstated it effective August 15, 2021.
- Are donations to WATTS 2 BOSTON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATTS 2 BOSTON FOUNDATION 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 2 BOSTON FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATTS 2 BOSTON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of WATTS 2 BOSTON FOUNDATION?
- The 990 for the year ended March 31, 2025 names Julie Mulvey.
- Who are the officers and directors of WATTS 2 BOSTON FOUNDATION?
- The 990 for the year ended March 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does WATTS 2 BOSTON FOUNDATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $435,057, expenses of $378,695 and total assets of $182,262 at year end.
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