Nonprofit · EIN 20-1585269
JAMES R WATTS TRUST
Tax-exempt · PADUCAH, KY 42001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-PF | $10,212 | $14,543 | -$4,331 | $158,389 | $0 | $158,389 |
Financial details: 990-PF for the year ended December 31, 2023
Revenue
- Dividends
- $5,478
- Net gain from sales of assets
- $4,734
Expenses
- Grants and similar amounts paid
- $9,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $9,500
- Excise tax on investment income
- $109
Balance sheet and other
- Total assets, start of year
- $162,720
- Total assets, end of year
- $158,389
- Total liabilities, end of year
- $0
- Net assets, end of year
- $158,389
- Fair market value of assets
- $261,715
- Qualifying distributions
- $9,500
- Net investment income
- $10,212
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-PF for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BO NEELY 3143 BROADWAY STREET, PADUCAH, KY 42001 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3143 BROADWAY ST, PADUCAH, KY 42001-4340
- In care of
- % JAMES B BRIEN JR COTRUSTEE
- Signed the 990-PF
- BO NEELY, TRUSTEE
- Phone
- (270) 444-3015
- Return prepared by
- WILLIAMS WILLIAMS & LENTZ LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-1585269
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $158,389
- Income (IRS master file)
- $31,590
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2023 | $10,212 | $14,543 | $158,389 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
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 20-1585269).
Questions about JAMES R WATTS TRUST
- What is the EIN of JAMES R WATTS TRUST?
- The employer identification number (EIN) of JAMES R WATTS TRUST is 20-1585269.
- Is JAMES R WATTS TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to JAMES R WATTS TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JAMES R WATTS TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JAMES R WATTS TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JAMES R WATTS TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2023.
- Who are the officers and directors of JAMES R WATTS TRUST?
- The 990-PF for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
- How much revenue does JAMES R WATTS TRUST have?
- On its 990-PF for the year ended December 31, 2023 it reported revenue of $10,212, expenses of $14,543 and total assets of $158,389 at year end.
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