SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
WATSI INC
 
Employer identification number

45-3236734
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - A DRAFT FORM 990 IS REVIEWED BY FINANCE COMMITTEE AND EMAILED TO BOARD FOR APPROVAL IN ADVANCE OF SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS COMMUNICATED TO THE DIRECTORS AND OFFICERS ON A REGULAR BASIS. DIRECTORS RESPOND IF THERE HAS BEEN A CHANGE CAUSING A CONFLICT TO ARISE. DIRECTORS ALSO DISCLOSE WHETHER OR NOT THEY HAVE ANY POSSIBLE CONFLICTS ANNUALLY DURING A BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPROVES SALARY OF THE CFO AS PART OF THE BUDGET AND MAKES A JUDGMENT BASED ON FAIR MARKET COMPENSATION. WATSI PARTICIPATES IN A PERIODIC COLLECTIVE OF TECH-NONPROFITS TO CARRYOUT A SALARY LANDSCAPE REVIEW. THE RESULTS ARE USED TO STRUCTURE WATSI'S EXECUTIVE COMPENSATION AS WELL AS ACROSS ALL LEVELS OF THE ORGANIZATION. THE BOARD APPROVES SALARY OF THE EXECUTIVE DIRECTOR AS PART OF THE BUDGET AND MAKES A JUDGMENT BASED ON FAIR MARKET COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE AND ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2022


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