Nonprofit · EIN 87-2997535
WATCHES OF SWITZERLAND GROUP US FOUNDATION
Tax-exempt · FT LAUDERDALE, FL 33309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $2,489,169 | $1,517,886 | $971,283 | $1,942,229 | $0 | $1,942,229 |
| April 30, 2024 | 990 | $1,004,961 | $175,831 | $829,130 | $970,946 | $0 | $970,946 |
| April 30, 2023 | 990 | $813,614 | $671,798 | $141,816 | $141,816 | $0 | $141,816 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $2,489,169
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,512,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $4,375
- Program services (functional)
- $1,512,000
- Management and general (functional)
- $5,886
Balance sheet and other
- Total assets, start of year
- $970,946
- Total assets, end of year
- $1,942,229
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,942,229
- Net assets without donor restrictions
- $1,942,229
- Gross receipts
- $2,489,169
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2021
- State of legal domicile
- DE
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 April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID HURLEY | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| BENJAMIN BIRNBAUM | TRUSTEE Trustee or director | 1 | $0 |
| ELANNIE DAMIANOS | TRUSTEE Trustee or director | 1 | $0 |
| LORRIE NELSON | OFFICER Officer | 1 | $0 |
990 for the year ended April 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID HURLEY | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| BENJAMIN BIRNBAUM | TRUSTEE Trustee or director | 1 | $0 |
| ELANNIE DAMIANOS | TRUSTEE Trustee or director | 1 | $0 |
| LORRIE NELSON | OFFICER Officer | 1 | $0 |
990 for the year ended April 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID HURLEY | CHAIRMAN AND DIRECTOR Trustee or director, Officer | 1 | $0 |
| LORRIE NELSON | OFFICER Trustee or director, Officer | 1 | $0 |
| BENJAMIN BIRNBAUM | STEERING COMMITTEE MEMBER Trustee or director | 1 | $0 |
| ELANNIE DAMIANOS | STEERING COMMITTEE MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3340 NW 53RD ST, FT LAUDERDALE, FL 33309-6320
- Mailing address (990-N for 2021)
- 3340 NW 53rd Street, Fort Lauderdale FL 33309
- Principal officer (990 for 2024)
- DAVID HURLEY, 3340 NW 53RD STREET, FORT LAUDERDALE, FL 33309
- Principal officer (990-N for 2021)
- David Hurley, 3340 NW 53rd Street, Fort Lauderdale FL 33309
- Signed the 990
- DAVID HURLEY, CHAIRMAN
- Phone
- (201) 989-8901
- Return prepared by
- TRIMNERBECKHAM PLLC
Mission
TO PROVIDE ESSENTIAL SUPPORT THROUGH DONATIONS TO LOCAL AND NATIONAL CHARITIES FOCUSED ON POVERTY, SOCIAL MOBILITY AND HARDSHIP IN THE COMMUNITIES WITHIN WITH THE WATCHES OF SWITZERLAND GROUP OPERATES.
Program accomplishments
- SUPPORTING CHARITIES TO PROVIDE AFFORDABLE HOUSING AND FOOD FOR FAMILIES IN POVERTY, EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AND FUNDING OF AN ENTERPRISE CHALLENGE SUPPORTING YOUNG PEOPLE TO DEVELOP THE CONFIDENCE AND SKILLS TO LIVE, LEARN AND EARN.Expenses $1,512,000 · grants $1,512,000
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 April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 87-2997535
- 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
- 2022
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $1,942,229
- Income (IRS master file)
- $2,489,169
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $2,489,169 | $1,517,886 | $1,942,229 | XML |
| 990 | April 2024 | $1,004,961 | $175,831 | $970,946 | XML |
| 990 | April 2023 | $813,614 | $671,798 | $141,816 | XML |
| 990-N for 2021 Officer: David Hurley | April 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-2997535).
Questions about WATCHES OF SWITZERLAND GROUP US FOUNDATION
- What is the EIN of WATCHES OF SWITZERLAND GROUP US FOUNDATION?
- The employer identification number (EIN) of WATCHES OF SWITZERLAND GROUP US FOUNDATION is 87-2997535.
- Is WATCHES OF SWITZERLAND GROUP US FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to WATCHES OF SWITZERLAND GROUP US FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATCHES OF SWITZERLAND GROUP US 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 WATCHES OF SWITZERLAND GROUP US FOUNDATION due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATCHES OF SWITZERLAND GROUP US FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of WATCHES OF SWITZERLAND GROUP US FOUNDATION?
- The 990 for the year ended April 30, 2025 names DAVID HURLEY.
- Who are the officers and directors of WATCHES OF SWITZERLAND GROUP US FOUNDATION?
- The 990 for the year ended April 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does WATCHES OF SWITZERLAND GROUP US FOUNDATION have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $2,489,169, expenses of $1,517,886 and total assets of $1,942,229 at year end.
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