Dr And Mrs J E Watkins Scholarship Trust

Tyler, TX
Tax-exempt since March 1984
EIN: 75-1901814

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$1.06M (2024)

Expenses

$922k (2024)

Total Assets

$11.2M (2024)

Total Liabilities

$824 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,064,275

Expenses

$922,194

Net Income

$142,081

Net Assets

$11,243,267

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,521	0.2%
Dividends	$343,049	32.2%
Sales of Assets	$284,709	26.8%
Other Income	$433,996	40.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$676,872	73.4%
Compensation of Officers*	$89,715	9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,244,091
Total Liabilities	$824
Net Assets	$11,243,267

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$89,715	$0

990-PF

Filed on May 5, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$1,053,640

Expenses

$1,723,664

Net Income

-$670,024

Net Assets

$11,036,420

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$334,397	31.7%
Sales of Assets	$87,811	8.3%
Other Income	$631,432	59.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,430,460	83.0%
Compensation of Officers*	$94,251	5.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,036,420
Total Liabilities	$0
Net Assets	$11,036,420

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$94,251	$0

990-PF

Filed on May 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$1,453,591

Expenses

$448,663

Net Income

$1,004,928

Net Assets

$11,612,789

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,910	0.1%
Dividends	$365,318	25.1%
Sales of Assets	-$68,737
Other Income	$1,155,100	79.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$116,267	25.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,617,123
Total Liabilities	$4,334
Net Assets	$11,612,789

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$116,267	$0

990-PF

Filed on March 26, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$1,018,231

Expenses

$886,730

Net Income

$131,501

Net Assets

$10,434,596

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,413	0.5%
Dividends	$279,839	27.5%
Sales of Assets	$183,858	18.1%
Other Income	$549,121	53.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$633,556	71.4%
Compensation of Officers*	$92,190	10.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,439,300
Total Liabilities	$4,704
Net Assets	$10,434,596

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$92,190	$0

990-PF

Filed on May 13, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$482,648

Expenses

$757,036

Net Income

-$274,388

Net Assets

$10,221,100

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,773	1.6%
Dividends	$233,296	48.3%
Sales of Assets	$0
Other Income	$368,691	76.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$578,350	76.4%
Compensation of Officers*	$68,025	9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,221,101
Total Liabilities	$1
Net Assets	$10,221,100

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$68,025	$0

990-PF

Filed on June 14, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$964,200

Expenses

$898,010

Net Income

$66,190

Net Assets

$10,445,180

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,410	0.2%
Interest Revenue	$5,298	0.5%
Dividends	$288,637	29.9%
Sales of Assets	$0
Other Income	$693,206	71.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$619,088	68.9%
Compensation of Officers*	$87,861	9.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,445,181
Total Liabilities	$1
Net Assets	$10,445,180

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$87,861	$0

990-PF

Filed on June 4, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$601,847

Expenses

$709,627

Net Income

-$107,780

Net Assets

$10,275,189

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,307	0.2%
Interest Revenue	$54,711	9.1%
Dividends	$184,069	30.6%
Sales of Assets	-$48,970
Other Income	$410,730	68.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$519,926	73.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,275,189
Total Liabilities	$0
Net Assets	$10,275,189

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$0	$0

990-PF

Filed on June 6, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$820,524

Expenses

$743,427

Net Income

$77,097

Net Assets

$10,342,048

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,585	1.9%
Interest Revenue	$0
Dividends	$78,540	9.6%
Sales of Assets	$41,015	5.0%
Other Income	$685,384	83.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$463,672	62.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,342,048
Total Liabilities	$0
Net Assets	$10,342,048

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$0	$0

990-PF

Filed on June 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$2,525,812

Expenses

$552,679

Net Income

$1,973,133

Net Assets

$10,264,951

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,730,000	68.5%
Interest Revenue	$5	0.0%
Dividends	$35,923	1.4%
Sales of Assets	$258,295	10.2%
Other Income	$501,589	19.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$425,734	77.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,264,951
Total Liabilities	$0
Net Assets	$10,264,951

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$0	$0

990-PF

Filed on Oct. 3, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$993,693

Expenses

$640,010

Net Income

$353,683

Net Assets

$8,304,131

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,932	0.6%
Dividends	$7,591	0.8%
Sales of Assets	$27,188	2.7%
Other Income	$952,982	95.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$319,108	49.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,304,131
Total Liabilities	$0
Net Assets	$8,304,131

Compensation

Key Employees and Officers	Compensation	Other
Texas Bank Trust (Trustee)	$0	$0

990-PF

Filed on Nov. 1, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$2,222,018

Expenses

$646,490

Net Income

$1,575,528

Net Assets

$7,948,747

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$25,000	1.1%
Interest Revenue	$6,556	0.3%
Dividends	$1,717	0.1%
Sales of Assets	$452,135	20.3%
Other Income	$1,672,873	75.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$325,000	50.3%
Compensation of Officers*	$5,500	0.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,948,747
Total Liabilities	$0
Net Assets	$7,948,747

Compensation

Key Employees and Officers	Compensation	Other
Dan Phillips (Trustee)	$5,500	$0
Stephen Phillips (Trustee)	$0	$0
Texas Bt Jeff Cheavens Svp (Trustee)	$0	$0

990-PF

Filed on Oct. 20, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$440,508

Expenses

$453,567

Net Income

-$13,059

Net Assets

$6,373,219

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$11,835	2.7%
Interest Revenue	$15,055	3.4%
Dividends	$1,144	0.3%
Sales of Assets	-$2,467
Other Income	$414,941	94.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$325,000	71.7%
Compensation of Officers*	$6,000	1.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,373,219
Total Liabilities	$0
Net Assets	$6,373,219

Compensation

Key Employees and Officers	Compensation	Other
Dan Phillips (Managing Truste)	$6,000	$0
Stephen Phillips (Trustee)	$0	$0

990-PF

Filed on Feb. 26, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$368,973

Expenses

$423,286

Net Income

-$54,313

Net Assets

$6,386,277

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$24,094	6.5%
Dividends	$1,728	0.5%
Sales of Assets	$66,486	18.0%
Other Income	$276,665	75.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$350,000	82.7%
Compensation of Officers*	$6,000	1.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,386,278
Total Liabilities	$1
Net Assets	$6,386,277

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$370,343

Expenses

$422,240

Net Income

-$51,897

Net Assets

$6,440,591

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$18,109	4.9%
Dividends	$2,370	0.6%
Sales of Assets	$0
Other Income	$349,870	94.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$335,000	79.3%
Compensation of Officers*	$6,000	1.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,440,591
Total Liabilities	$0
Net Assets	$6,440,591

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Dr And Mrs J E Watkins Scholarship Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.06M (2024)

Expenses $922k (2024)

Total Assets $11.2M (2024)

Total Liabilities $824 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$1.06M (2024)

Expenses

$922k (2024)

Total Assets

$11.2M (2024)

Total Liabilities

$824 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001