2024-05-02T13:54:46-05:00 2023-06-30 390859910 BAKER TILLY US LLP 20 STANWIX STREET PITTSBURGH PA 15222 990 2022-07-01 251561504 THE WATSON INSTITUTE WATS 4127492870 301 CAMP MEETING ROAD SEWICKLEY PA 15143 RONALD F FLANDERS CFO 4127492871 2024-04-04 1 RONALD FLANDERS 999009999 0 JEFFREY J PETRELL P00138808 4126976400 2024-04-04 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RONALD F FLANDERS 301 CAMP MEETING ROAD SEWICKLEY PA 15143 10850544 0 X WWW.THEWATSONINSTITUTE.ORG X 1987 PA SERVES AS A PARENT CORPORATION TO NON-PROFIT EDUCATIONAL ENTITIES. PROVIDES DIAGNOSTIC, THERAPEUTIC, OUTPATIENT AND RESPITE SERVICES TO CHILDREN AND FAMILIES AND PROVIDES TRAINING TO EDUCATORS. 15 14 117 25 0 0 1998139 1683133 5645697 6045736 5140271 2146618 150215 761805 12934322 10637292 136600 127426 0 0 4825056 5125391 0 0 281644 2351758 2629814 7313414 7882631 5620908 2754661 158784429 167942564 2029670 2241566 156754759 165700998 X THE WATSON INSTITUTE HELPS CHILDREN WITH SPECIAL NEEDS ACHIEVE THEIR FULLEST POTENTIAL IN ALL ASPECTS OF THEIR LIVES. 0 0 1034180 586537 THE PSYCHOLOGICAL SERVICES PROGRAM ADDRESSES THE DIAGNOSIS, TREATMENT, & INTERVENTION FOR CHILDREN WITH AUTISM & RELATED DISORDERS BY PROVIDING INTENSIVE BEHAVIOR HEALTH SERVICES, FAMILY & GROUP THERAPY SESSIONS, SOCIAL SKILLS GROUPS, & MEDICATION MANAGEMENT. THE NUMBER OF CHILDREN SERVED DURING FISCAL YEAR 2023 TOTALED: 14 INTENSIVE BEHAVIOR HEALTH SERVICES, 52 EXTENDED SCHOOL YEAR (ESY); & 432 OUTPATIENT. 900288 749119 TRAINING AND CONSULTATION PROVIDES CONSULTATION, TRAINING, PROGRAM DEVELOPMENT AND CONTRACTUAL SERVICES TO SCHOOL DISTRICTS, MENTAL HEALTH/MENTAL RETARDATION AND WRAP-AROUND SERVICE PROVIDERS. 23 SCHOOL DISTRICTS WERE SERVED IN FISCAL YEAR 2023. 3630939 4710080 THE WATSON INSTITUTE SOCIAL CENTER FOR ACADEMY ACHIEVEMENT (WISCA) BEGAN IN THE FALL OF 2008. WISCA IS DESIGNED TO MEET THE INDIVIDUAL NEEDS OF ADOLESCENTS WITH HIGH FUNCTIONING AUTISM WHO REQUIRE THERAPEUTIC INTERVENTION AND SUPPORTS THAT CANNOT BE DELIVERED IN A TRADITIONAL CLASSROOM SETTING. AN ONLINE ACADEMIC CURRICULUM IS PAIRED WITH THERAPEUTIC TRAINING AND COMMUNITY BASED INTERVENTION BASED ON EACH STUDENTS INDIVIDUALIZED EDUCATION PLAN. WISCA HAD 91 STUDENTS ENROLLED FOR FISCAL YEAR 2023. 127426 127426 SCHOLARSHIPS FOR STUDENTS ATTENDING THE EDUCATION CENTER AT THE WATSON INSTITUTE. 127426 127426 5692833 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 19 0 117 1 0 1 CJ 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 PA X RONALD F FLANDERS 4127492871 301 CAMP MEETING ROAD SEWICKLEY PA 15143 BARRY BOHN CEO/ASSISTANT SECRETARY 8.00 32.00 X X 0 375735 18992 JEFFREY S FLICK CHAIRPERSON 1.00 2.00 X X 0 0 0 MARK HALE VICE CHAIRPERSON 1.00 2.00 X X 0 0 0 JOHN SCHMITT TREASURER 1.00 2.00 X X 0 0 0 MICHAEL A ANGERMAN SECRETARY 1.00 2.00 X X 0 0 0 DAVID R FREUDENRICH TRUSTEE 1.00 2.00 X 0 0 0 A JAY GROSS PHD TRUSTEE 1.00 2.00 X 0 0 0 C ERIC HUSS TRUSTEE 1.00 2.00 X 0 0 0 LYNN IEZZI TRUSTEE 1.00 2.00 X 0 0 0 TODD R JANSMA TRUSTEE 1.00 2.00 X 0 0 0 LOUISE KACZMAREK PHD TRUSTEE 1.00 2.00 X 0 0 0 J ERIC RENNER TRUSTEE 1.00 2.00 X 0 0 0 HARTON S SEMPLE III TRUSTEE 1.00 2.00 X 0 0 0 ROBERT W THOMAS TRUSTEE 1.00 2.00 X 0 0 0 CHARLES E THORNE TRUSTEE 1.00 2.00 X 0 0 0 RONALD FLANDERS CFO 11.00 29.00 X 0 209029 31472 MARILYN HOYSON VICE PRESIDENT/COO 11.00 29.00 X 0 229219 16461 MELISSA PAINTER CHIEF HUMAN RESOURCE OFFICER 19.00 21.00 X 0 188330 7546 KARA MOSTOWY CHIEF DEVELOPMENT OFFICER 40.00 X 177910 0 28059 MARCIA LAUS PROGRAM DIRECTOR 40.00 X 105699 0 15669 283609 1002313 118199 2 0 1 0 0 1683133 1683133 WISCA 900099 4710080 4710080 TRAINING & CONSULTATION 900099 749119 749119 PSYCHOLOGICAL REVENUE 900099 586537 586537 6045736 2359870 2359870 213252 -213252 -213252 -213252 MISCELLANEOUS REVENUE 900099 761805 761805 761805 10637292 6045736 0 2908423 X 127426 127426 132031 3651 128380 3922010 3500007 309561 112442 245678 208985 25520 11173 613458 578553 29547 5358 212214 186386 18248 7580 10484 8009 2475 42171 42171 129000 129000 807403 364407 418321 24675 8837 8837 104423 93973 9183 1267 26098 25078 510 510 447 48 399 62674 45671 15178 1825 186236 186236 316634 214897 91306 10431 7116 7116 INTEREST AND BOND FEES 400484 400484 CONSULTING 169509 24913 49200 95396 EQUIPMENT RENTAL & MAIN 147736 133440 8477 5819 EQUIPMENT 101510 95891 5619 109052 89507 16852 2693 7882631 5692833 1908154 281644 2427509 1075531 48074 49597 282910 481843 9263 4555 312755 238796 86253 73959 137309391 144185680 18621029 22071399 158784429 167942564 1872744 1898730 156926 342836 2029670 2241566 X 124986775 133101686 31767984 32599312 156754759 165700998 158784429 167942564 X 2754661 5991154 200424 X X 0 1 X 1 0 X X 2 THE EDUCATION CENTER AT THE WATSON INSTITUTE 251556310 6 1 0 0 THE WATSON INSTITUTE FRIENDSHIP ACADEMY 256012886 6 1 29390 0 2 29390 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30303977 2280162 1449355 71957 31062827 34954423 -3270076 1298372 81998 30303977 29619158 6660302 1247927 77110 34954423 31059618 -78876 1275806 85778 29619158 30915366 1527188 1282207 100729 31059618 1.00000 0 0 312755 238796 73959 73959 CASH AND SHORT-TERM INVESTMENTS (MONEY-MKT FUNDS) 1135737 F MUTUAL FUNDS 58931621 F OTHER INVESTMENTS 84118322 F 144185680 ACCRUED INTEREST 117636 BENEFICIAL INTEREST HELD IN TRUST 4697550 DUE FROM RELATED PARTIES 14220171 DEFERRED COMPENSATION 1406936 NET PENSION ASSET 1629106 22071399 X 16599056 5991154 5991154 10607902 29390 29390 10637292 8502751 620120 620120 7882631 0 7882631 PART V, LINE 4: THE ENDOWMENT FUNDS SUPPORT THE UNFUNDED OR UNDERFUNDED DIAGNOSTIC, EDUCATIONAL, AND THERAPEUTIC SERVICES THAT THE WATSON INSTITUTE PROVIDES TO CHILDREN WITH SPECIAL NEEDS AND THEIR FAMILIES. PART X, LINE 2: THE INSTITUTE IS A NOT-FOR-PROFIT ENTITY AND HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INSTITUTE HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS REQUIRING AN ACCRUAL OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THERE WERE NO INTEREST AND PENALTIES RECOGNIZED IN THE STATEMENT OF ACTIVITIES FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE STATUTORY TAX YEARS REMAIN OPEN TO EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY TRANSFERS 29,390. PART XII, LINE 2D - OTHER ADJUSTMENTS: RESTRICTED EXPENSES TRANSFERRED INTO OPERATIONS 620,120. 1 SCHOLARSHIPS FOR THE EDUCATION CENTER AT THE WATSON INSTITUTE 14 127426 FMV PART I, LINE 2: SCHOLARSHIPS WERE PROVIDED TO ASSIST LOW INCOME FAMILIES MEETING CERTAIN CRITERIA WITH THE COST OF TUITION FOR THE EDUCATION CENTER AT THE WATSON INSTITUTE. THE SCHOLARSHIPS WERE ISSUED TO THE STUDENTS' HOME SCHOOL DISTRICTS TO OFFSET TOTAL TUITION COSTS THAT THE DISTRICTS ARE RESPONSIBLE FOR. X X X 0 0 0 0 0 0 0 0 0 BARRY BOHN CEO/ASSISTANT SECRETARY 0 335135 0 17380 0 23220 0 0 0 18992 0 394727 0 0 MARILYN HOYSON VICE PRESIDENT/COO 0 193818 0 9886 0 25515 0 0 0 16461 0 245680 0 0 RONALD FLANDERS CFO 0 187646 0 9701 0 11682 0 12572 0 18900 0 240501 0 0 KARA MOSTOWY CHIEF DEVELOPMENT OFFICER 159562 0 8047 0 10301 0 21180 0 6879 0 205969 0 0 0 MELISSA PAINTER CHIEF HUMAN RESOURCE OFFICER 0 167973 0 8687 0 11670 0 0 0 7546 0 195876 0 0 FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE (7 MEMBERS) PRIOR TO BEING FILED WITH THE IRS. THE FINANCE COMMITTEE HAS BEEN DELEGATED THE DUTY TO REVIEW FORM 990 BY THE ENTIRE VOTING MEMBERSHIP OF THE BOARD. ISSUES OR DISCREPANCIES ARE INVESTIGATED WITH MANAGEMENT AND BROUGHT TO THE ATTENTION OF THE ENTIRE BOARD WHEN NECESSARY. A FOLLOW-UP FINANCE COMMITTEE MEETING FOLLOWS THE DISTRIBUTION OF THE ELECTRONIC COPY FOR THE FINANCE COMMITTEE TO GIVE FINAL APPROVAL FOR THE FILING OF FORM 990. FORM 990 IS AVAILABLE TO ANY BOARD MEMBER UPON REQUEST THROUGHOUT THIS PROCESS. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT ARE SENT TO THE BOARD MEMBERS ANNUALLY AND ARE MONITORED FOR RETURN. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEE'S EXECUTIVE COMMITTEE. ORGANIZATIONAL GOALS ARE SET ANNUALLY FOR EACH MEMBER OF THE SENIOR MANAGEMENT TEAM. THESE GOALS COINCIDE WITH THE FISCAL YEAR SO THAT AT THE END OF THE FISCAL YEAR EVALUATIONS ARE COMPLETED ON EACH MEMBER OF THE TEAM. COMPENSATION DECISIONS ARE THEN BASED ON THE ACCOMPLISHMENTS OF THE ANNUAL ORGANIZATIONAL GOALS. FORM 990, PART VI, SECTION C, LINE 18 THE WATSON INSTITUTE MAKES ITS FORM 990 AND FORM 1023 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AT THIS TIME, THE WATSON INSTITUTE DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 364,407. MANAGEMENT AND GENERAL EXPENSES 418,321. FUNDRAISING EXPENSES 24,675. TOTAL EXPENSES 807,403. FORM 990, PART XI, LINE 9: RESTRICTED EXPENSES TRANSFERED INTO OPERATIONS -620,120. CHANGE IN BENEFICIAL INTEREST OF ASSETS HELD IN TRUST 414,525. CHANGE IN UNRECOGNIZED LOSSES AND AMORTIZATION OF PRIOR SERVICE COSTS 435,409. INTERCOMPANY TRANSFERS -29,390. FORM 990, PART XII, LINE 2C: THE WATSON INSTITUTE HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. THE EDUCATION CENTER AT THE WATSON INSTITUTE 301 CAMP MEETING ROAD SEWICKLEY PA 15143 251556310 SPECIAL EDUCATION PA 501(C)(3) LINE 2 THE WATSON INSTITUTE 1 THE WATSON INSTITUTE FRIENDSHIP ACADEMY 301 CAMP MEETING ROAD SEWICKLEY PA 15143 256012886 SPECIAL EDUCATION PA 501(C)(3) LINE 2 THE WATSON INSTITUTE 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1 THE EDUCATION CENTER AT THE WATSON INSTITUTE P 3265821 THE WATSON INSTITUTE FRIENDSHIP ACADEMY Q 414736