NonprofitsWatts Of Power Foundation Corp

Education

Watts Of Power Foundation Corp

LOS ANGELES, CA

Total revenue

$640K

Total expenses

$728K

Net assets

$258K

Grants received

$1.1M

19 grants

EIN

834510126

Tax year

2023

Mission

To create a pipeline of black male teachers, by addressing the gaps in the recruitment and rentention to help them successfully nagigate and complete the pre-servie pathway to become fully credentialed teacher

Financials

FY 2023

Revenue

Contributions & grants$164K
Program service revenue$476K
Investment income
Other revenue
Total revenue$640K

Expenses

Grants paid
Salaries & benefits$242K
Fundraising
Other expenses$486K
Total expenses$728K
Total assets$258K
Net assets$258K

People

11 listed

NameRoleCompensation

PETER WATTS

EXECUTIVE DIRECTOR

Board

$101K

35 hrs/wk

NICOLE SCOTT

MEMBER

Board

0

ELDORA SMITH BAKER

TREASURER

Board

0

DEMAR MATTHEWS

MEMBER

Board

0

STEPHANIE LAM

MEMEBER

Board

0

DIDI WATTS

MEMBER

Board

0

CHRIS BROUSSARD

MEMBER

Board

0

NINA MILLIGAN

MEMBER

Board

0

JUAN NUNEZ

BOARD CHAIR

Board

0

EDITH bRASWELL GRANT

BOARD SECRETARY

Board

0

ASMARA OGBAI

VICE CHAIR

Board

0

Grants received

Showing 19 of 19

FromAmountPurposeYear
$45K
SPRINGBOARD FUND
2024
$25K
TO IMPROVE EDUCATIONAL OUTCOMES FOR LAUSD STUDENTS
2024
$8K
UNRESTRICTED
2024
$520K
DIVERSE LEADERS & RACIAL EQUITY
2023
$100K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$100K
GENERAL OPERATING SUPPORT
2023
$40K
TO ASSIST IN THE STARTUP OF NONPROFIT
2023
$35K
SPRINGBOARD FUND
2023
$15K
PUBLIC ART GRANT
2023
$9K
UNRESTRICTED
2023
$750
GENERAL SUPPORT OF SERVICE PROGRAMS
2023
$300
GENERAL SUPPORT FOR IN SUPPORT OF INCREASING THE 2%
2023
$103
Humanitarian
2023
$103
Humanitarian
2023
$21K
RACIAL JUSTICE
2022
$12K
UNRESTRICTED
2022
$150K
DIVERSE LEADERS
2021

Funded by

$1.1M from 13 funders · 19 grants · 2021–2024

New Schools Fund

$670K · 2 grants · 2021–2023

Education Leaders Of Color Inc

$100K · 1 grant · 2023

Tides Foundation

$100K · 1 grant · 2023

Durfee Foundation

$80K · 2 grants · 2023–2024

Camelback Ventures

$40K · 1 grant · 2023

Network For Good

$29K · 3 grants · 2022–2024

Specialty Family Foundation

$25K · 1 grant · 2023

Great Public Schools Now

$25K · 1 grant · 2024

Details

EIN834510126
NTEE codeB12
Subsection03
Ruling date2019-06
Formed2017
Employees1
Volunteers6
WATTS OF POWER FOUNDATION CORP — Mission, Financials & Grants Received | Grantivo