Overview

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Est.

2013

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Veterans Watchmaker Initiative Inc is a nonprofit organization dedicated to providing vocational education in watch repair to United States Armed Forces veterans, particularly those who are disabled. With an operating budget of $435.4K and total revenue of $1M for the 2025 filing year, the organization addresses the high demand for skilled watch repair professionals. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website, veteranswatchmakerinitiative.org.

Mission Statement

THE FOCUS OF THE VETERANS WATCHMAKER INITIATIVE IS TO PROVIDE UNITED STATES ARMED FORCES VETERANS, ESPECIALLY DISABLED VETERANS, WITH THE SKILL SET OF WATCH REPAIR AND A CAREER PATH IN A HIGH PAYING VOCATION THAT IS IN HIGH DEMAND DUE TO ITS SHORTAGE OF WORKERS.
Revenues
$1M
Expenses
$435.6K
Net Income:
+$564.7K
Assets
$2.8M
Liabilities
$0
Net Assets:
+$2.8M
Operating Budget
$435.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$35K
Largest grant received
$250K
J
Joe Borella
Board Member
S
Samuel Cannan
Board Member
H
Herb Konowitz
Board Member

Frequently Asked Questions

What is VETERANS WATCHMAKER INITIATIVE INC’s budget?
In 2025, VETERANS WATCHMAKER INITIATIVE INC reported an annual operating budget of around $435 thousand. More detailed financial information is available to registered users.
What causes does VETERANS WATCHMAKER INITIATIVE INC support?
VETERANS WATCHMAKER INITIATIVE INC supports work in Vocational education.
Where does VETERANS WATCHMAKER INITIATIVE INC operate?
VETERANS WATCHMAKER INITIATIVE INC is headquartered in Little Creek, DE.
Who funded VETERANS WATCHMAKER INITIATIVE INC recently?
In 2025, VETERANS WATCHMAKER INITIATIVE INC received grants from HOROLOGICAL SOCIETY OF NEW YORK INC, MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC, and THE BULOVA STETSON FUND C/O BESSEMER TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant VETERANS WATCHMAKER INITIATIVE INC received in 2024?
The largest grant to VETERANS WATCHMAKER INITIATIVE INC in 2024 exceeds $250 thousand.
What is VETERANS WATCHMAKER INITIATIVE INC’s reliance on government grants?
VETERANS WATCHMAKER INITIATIVE INC relied on government grants for more than 35% of their total revenue in 2025.