NonprofitsJohn G Watson Foundation Inc

Community Improvement & Capacity Building

John G Watson Foundation Inc

SAN DIEGO, CA

Total revenue

$20K

Total expenses

$56K

Net assets

$901K

Grants received

EIN

452857543

Tax year

2024

Mission

The organization was founded as a " supporting organization" within the meaning of IRC 509(a)(3)(B) that will support the San Diego Angels. Inc., which is a California nonprofit mutual benefit corporation exempt from Federal taxes under IRC 501(c)(6).San Diego Angels foster's and promotes entrepreneurial activity by providing mentoring, education, guidance and funding to early-stage , high-growth companies in Southern California.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$20K
Other revenue
Total revenue$20K

Expenses

Grants paid$10K
Salaries & benefits$30K
Fundraising
Other expenses$16K
Total expenses$56K
Total assets$901K
Net assets$901K

People

3 listed

NameRoleCompensation

Stephen Flaim

President

Board

$30K

0

Serhat Pala

Director

Board

0

Jeff Draa

Secretary

Board

0

Details

EIN452857543
NTEE codeS11
Subsection03
Ruling date2014-07
Formed2011
Employees0
JOHN G WATSON FOUNDATION INC — Mission, Financials & Grants Received | Grantivo