Skip to content
Nonprofiteer
← WATERTOWN AREA COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by WATERTOWN AREA COMMUNITY FOUNDATION INC.

Totals

Total revenue
$273,563
Total expenses
$313,613
Contributions and grants received
$149,372
Grants paid
$235,041
Program service revenue
$65,944
Investment income
$40,758
Other revenue
$17,489
Total assets, end of year
$34,528,285
Total liabilities, end of year
$13,050,597
Net assets or fund balances, end of year
$21,477,688
Program services expenses (Part IX)
$235,041
Management and general expenses
$78,445
Fundraising expenses
$127
Program service expenses (Part III)
$235,041

Program services were 74.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $149,372

  • 2a · Program service revenue: INCOME FROM AGENCY FUND

    total $65,944 · related or exempt $65,944

  • 3 · Investment income

    total $40,758 · related or exempt $40,758

  • 8a · Fundraising events: gross income

    $17,489

  • 8c · Net income from fundraising events

    total $17,489 · excluded $17,489

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $234,341 · program services $234,341

  • 2 · Grants to domestic individuals

    total $700 · program services $700

  • 7 · Other salaries and wages

    total $60,375 · management and general $60,375

  • 9 · Other employee benefits

    total $5,674 · management and general $5,674

  • 10 · Payroll taxes

    total $5,602 · management and general $5,602

  • 11b · Fees: legal

    total $2,953 · management and general $2,953

  • 11c · Fees: accounting

    total $3,266 · management and general $3,266

  • 11g · Fees: other

    total $220 · management and general $220

  • 12 · Advertising and promotion

    total $127 · fundraising $127

  • 13 · Office expenses

    total $155 · management and general $155

  • 19 · Conferences, conventions and meetings

    total $200 · management and general $200

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $9,726

  • 2 · Savings and temporary cash investments

    end of year $1,056,431

  • 11 · Investments: publicly traded securities

    end of year $33,420,489

  • 15 · Other assets

    end of year $41,639

  • 17 · Accounts payable and accrued expenses

    end of year $2,452

  • 18 · Grants payable

    end of year $540,813

  • 21 · Escrow or custodial account liability

    end of year $12,507,332

  • 27 · Net assets without donor restrictions

    end of year $949,985

  • 28 · Net assets with donor restrictions

    end of year $20,527,703

Mission and programs · 2024

Mission

SEE SCHEDULE O

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $234,956 · Grants $234,956

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $85 · Grants $85 · Revenue $65,944

As filed on the 2024 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • DR JEFF DANIELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHARLIE EWALT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOEL VOCKRODT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JULIE RANUM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALEX AMMANN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TOM BEADNELL

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • LIAM CULHANE

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • CAMMIE MENGWASSER

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202513219349328271

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.