WATTS HEALTHCARE CORPORATION Charity Report

Public IRS 990 nonprofit record

WATTS HEALTHCARE CORPORATION

EIN 75-3046480 · Ambulatory & Primary Health Care (E30)

What they do

to IMPROVE THE HEALTH and WELL-BEING of THE PEOPLE and COMMUNITIES THAT WE SERVE BY ENSURING ACCESS to COMPASSIONATE, QUALITY, CULTURALLY-SENSITIVE PREVENTIVE and PRIMARY HEALTH CARE SERVICES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.40%of revenue went to mission work73.4% of expenses · Program services

$102.71spent for every $100 of revenueSpending was higher than revenue this year.

27.32%of revenue went to management and office costs26.6% of expenses

$0.65in assets for every $1 spent this yearSome assets cannot be spent right away.

44.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,157,273 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $472,333 for BARRET HATCHES PHD (ACTING CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$42,627,299

Mission workProgram services$32,138,95075.40% of revenue73.4% of expenses

ManagementOffice and general costs$11,645,62227.32% of revenue26.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$43,784,572102.71% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 73.4% mission · 26.6% management · 0.0% fundraisingTotal expenses: 102.71% of revenue

2023Expense mix: 76.8% mission · 23.1% management · 0.1% fundraisingTotal expenses: 103.16% of revenue

2022Expense mix: 78.5% mission · 21.1% management · 0.4% fundraisingTotal expenses: 91.57% of revenue

2021Expense mix: 81.4% mission · 18.3% management · 0.2% fundraisingTotal expenses: 89.27% of revenue

2020Expense mix: 83.3% mission · 16.5% management · 0.2% fundraisingTotal expenses: 103.50% of revenue

2019Expense mix: 86.2% mission · 13.6% management · 0.2% fundraisingTotal expenses: 102.99% of revenue

2018Expense mix: 85.4% mission · 14.4% management · 0.2% fundraisingTotal expenses: 100.80% of revenue

2017Expense mix: 85.4% mission · 14.4% management · 0.2% fundraisingTotal expenses: 98.44% of revenue

Money in and money out

Revenue$42,627,299

Expenses$43,784,572

Annual shortfall $1,157,273 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$32,138,950 · 73.4% of expenses

Management and office costs$11,645,622 · 26.6% of expenses

See all reported dollar amounts

Revenue$42,627,299

Expenses$43,784,572

Assets$28,303,890

Income$42,627,299

Contributions$18,968,384

Mission work (program services)$32,138,950

Management and general$11,645,622

Accounting fees$61,425

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BARRET HATCHES PHDACTING CHIEF EXECUTIVE OFFICER · 40 hrs/week $472,333

COZZETTE LYONS-JONESINTERIM CHIEF MEDICAL OFFICER · 40 hrs/week $336,279Base $308,940 · Other $27,339

VILMA GONZALEZ-BARRETOCHIEF PHYSICIAN OB/GYN · 40 hrs/week $302,487Base $272,311 · Other $30,176

LYNN DEWGARDECHIEF PHYSICIAN PEDIATRICS · 40 hrs/week $274,772Base $246,313 · Other $28,459

REGINALD MOOREDIR. OF DENTAL & ENVIRONMENT OF CARE · 40 hrs/week $268,774Base $238,235 · Other $30,539

KHANG HOANGSTAFF PHYSICIAN URGENT CARE · 40 hrs/week $253,901Base $231,613 · Other $22,288

ADA USHIEPHYSICIAN ASSISTANT · 40 hrs/week $252,924Base $226,140 · Other $26,784

RUTH YOONSTAFF PHYSICIAN PEDIATRICS · 40 hrs/week $250,070Base $224,540 · Other $25,530

RACHEL BARANCOSTAFF PHYSICIAN PEDIATRICS · 40 hrs/week $235,309Base $196,393 · Other $38,916

FEDRICK EMMANUEL PARAKATICHIEF FINANCIAL OFFICER · 40 hrs/week $227,432

RABIA AHMEDSTAFF PHYSICIAN URGENT CARE · 32 hrs/week $214,067

OLUSHEYI LAWOYINCHIEF OPERATING OFFICER · 40 hrs/week $213,101Base $194,962 · Other $18,139

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

BARRET HATCHES PHDACTING CHIEF EXECUTIVE OFFICER

COZZETTE LYONS-JONESINTERIM CHIEF MEDICAL OFFICER

VILMA GONZALEZ-BARRETOCHIEF PHYSICIAN OB/GYN

LYNN DEWGARDECHIEF PHYSICIAN PEDIATRICS

REGINALD MOOREDIR. OF DENTAL & ENVIRONMENT OF CARE

KHANG HOANGSTAFF PHYSICIAN URGENT CARE

ADA USHIEPHYSICIAN ASSISTANT

RUTH YOONSTAFF PHYSICIAN PEDIATRICS

RACHEL BARANCOSTAFF PHYSICIAN PEDIATRICS

FEDRICK EMMANUEL PARAKATICHIEF FINANCIAL OFFICER

RABIA AHMEDSTAFF PHYSICIAN URGENT CARE

OLUSHEYI LAWOYINCHIEF OPERATING OFFICER

DAWN BERNARDDIRECTOR OF QUALITY

LILY FOWLERDIR. OF BEHAVIORAL & SOC. SVCS

MATTIE SANDERSTREASURER

LINDA DANIELSBOARD MEMBER

LILIBETH CASTANEDASECRETARY

GLENN C FORDVICE CHAIR

REV DR JOE H WALLERBOARD MEMBER

REV DR TICEY BROWNBOARD MEMBER (UNTIL FEB 2024)

RUDY JAIMEBOARD MEMBER

DR OSAZUWA OMEDEBOARD MEMBER

SARA HEALEYBOARD MEMBER

SHANY VELABOARD MEMBER

TAMIKA HENRYBOARD MEMBER

VICTOR CORTEZBOARD CHAIR

YOANA ESTRADABOARD MEMBER

About this charity

Recognized since: January 2002
Location: 10300 COMPTON AVE, LOS ANGELES, CA 90002-3628
County: Los Angeles
In care of: % WILLIAM D HOBSON
Primary officer: EMMANUEL PARAKATI, CHIEF FINANCE OFFICER

How to reach them

WebsiteVisit the charity’s website Emailinfo@wattshealth.org Phone(323) 568-3093

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: VASQUEZ COMPANY LLP
NTEE classification: Ambulatory & Primary Health Care (E30)
IRS tax category: Ambulatory & Primary Health Care