Nonprofits›John 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
0Serhat Pala
Director
Board
—
0Jeff Draa
Secretary
Board
—
0Details
EIN452857543
NTEE codeS11
Subsection03
Ruling date2014-07
Formed2011
Employees0