Overview
What is Watson Institute?
The Watson Institute, situated in Boulder, Colorado, is a distinguished nonprofit organization. Its primary focus is to nurture the next generation of innovators, leaders, and entrepreneurs, who are dedicated to addressing social, economic, and environmental challenges. Through collaborative partnerships with corporations and foundations, the institute offers Accelerator and Fellowship programs. These programs encompass comprehensive training, mentorship, seed funding, and an expanded network to equip participants effectively. The Watson Institute's mission is to revolutionize education, fostering the growth of future leaders and trailblazers who will shape a sustainable and equitable future. With a dedicated workforce of 25 individuals, the institute is committed to driving positive change and fostering innovation.
Official website here: www.watson.is
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Watson Institute has achieved a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. The overall score is primarily driven by its Accountability & Finance metrics, reflecting a strong emphasis on transparency and responsible financial practices. Notably, the organization has an impressive program expense ratio of 86.49%, demonstrating that a significant majority of its resources are dedicated to its mission-driven activities.
The organization benefits from a fully independent board, which is crucial for governance and oversight, but it faces challenges in certain areas of policy compliance. The absence of a whistleblower policy and document retention guidelines raises concerns about its operational practices. Additionally, there are no financial statements provided, which detracts from the overall evaluation of its financial transparency.
Despite these limitations, Watson Institute shows positive indicators of financial stability, with a low liabilities-to-assets ratio and efficient fundraising efforts. While improvements are necessary in policy documentation and transparency, the charity's commitment to its programs and strong governance through an independent board are commendable aspects of its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Watson Institute?
86% of the 44 reviewers on Facebook recommend Watson Institute. Here is a summary of their reviews:
Many voices express admiration for Watson Institute, emphasizing the hope and positive impact it brings to individuals and the community. A notable sentiment is the appreciation for the organization's mission and its ability to inspire delight and optimism in those it serves.
Overall, the organization appears to resonate well with patrons, fostering a sense of encouragement through its initiatives. The supportive remarks highlight that Watson Institute successfully fulfills its purpose and leaves a meaningful impression on its stakeholders.
This AI summary has been generated from reviews found on Facebook.
Is Watson Institute legitimate?
Watson Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watson Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $115,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,069,531
For more financial information, click here
Official website here: www.watson.is
What is the mission statement of Watson Institute?
The Watson Institute offers a novel approach to education, with its mission centered around nurturing the next generation of leaders and entrepreneurs. This institution provides a platform through Accelerator and Fellowship programs in collaboration with corporations and foundations. These programs offer training, mentorship, seed funding, and an expanded network to individuals working on addressing social, economic, and environmental challenges. The goal is to foster innovation and leadership skills in these future leaders.
Official website here: www.watson.is
Who is the CEO of Watson Institute?
Eric Glustrom is the President of Watson Institute.
Official website here: www.watson.is
What is the revenue of Watson Institute?
Watson Institute's revenue in 2022 was $1,935,100.
Official website here: www.watson.is
Who are the executives of Watson Institute and what are their salaries?
The average compensation at Watson Institute during 2022 was $47,381. There are 25 employees and 100 volunteers at Watson Institute.
Here are 4 key members and their salaries:
- Compensation: $115,000
- Related: $0
- Other: $7,900
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.watson.is
Where can I find the form 990 for Watson Institute?
Watson Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.watson.is
Learn more at the official website: www.watson.is
Mission Statement of Watson Institute
The Watson Institute serves as a pioneering platform for education, dedicated to fostering the development of the upcoming generation of leaders and entrepreneurs. Its mission is to provide a novel educational model, with a primary focus on addressing social, economic, and environmental challenges. Through its Accelerator and Fellowship programs, the institution collaborates with corporations and foundations to offer training, mentorship, seed funding, and an extended network to emerging innovators, leaders, and business pioneers.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Watson Institute's impact lies in its innovative approach to educating and empowering the next generation of leaders and entrepreneurs. By running Accelerator and Fellowship programs in partnership with corporations and foundations, Watson Institute equips young innovators with the necessary tools and support to tackle complex social, economic, and environmental challenges. Through training, mentorship, seed funding, and an extensive network, Watson Institute is nurturing a diverse group of individuals who are poised to make a lasting impact on the world. Their work in Boulder, CO, is crucial in developing a new breed of changemakers who are committed to creating positive change in our society.
This information is meant to be a general summary of Watson Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $359,592
- Gross Receipts: $1,935,100
Assets and Liabilities:
- Total Assets: $889,798
- Total Liabilities: $11,781
- Net Assets: $878,017
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$359,592
Organization Details
Founding Year
2012
Phone
(720) 394-1889Principal Officer
Eric Glustrom
Main Address
1310 College Ave 100, Boulder, CO, 80302
Website
www.watson.isNTEE Category
Code: O50 - Youth development
If you are a representative of Watson Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.