2024-05-07T08:51:25-05:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 042104230 FORSYTH DENTAL INFIRMARY FOR CHILDREN FORS 6172625200 245 FIRST STREET CAMBRIDGE MA 02142 SOK CHENG SOH CHIEF FINANCIAL OFFICER 6172625200 2024-05-03 1 SOK CHENG SOH XXX-XX-XXXX 0 THOMAS F MULDOON CPA P01561688 5083669100 2024-05-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE FORSYTH INSTITUTE SOK CHENG SOH 245 FIRST STREET CAMBRIDGE MA 02142 36596215 0 X WWW.FORSYTH.ORG X 1910 MA FOR MORE THAN 100 YEARS, FORSYTH HAS BEEN A LEADER IN ORAL HEALTH RESEARCH AND PEDIATRIC DENTAL CARE. TODAY, WE ARE GROUNDED IN A 3-PILLARED STRATEGIC PLAN FOCUSED ON BIOLOGICAL RESEARCH, CLINICAL SERVICE AND PUBLIC HEALTH OUTREACH, AND TECHNOLOGICAL INNOVATION. 18 17 168 101 1346952 0 13366112 14156329 5563621 4965168 2723293 2019148 55122 -85490 21708148 21055155 1415617 1102010 0 0 13577343 15036242 0 0 213580 10973574 11490416 25966534 27628668 -4258386 -6573513 37341891 37597736 8325115 14324235 29016776 23273501 FOR MORE THAN 100 YEARS, FORSYTH HAS BEEN A LEADER IN ORAL HEALTH RESEARCH AND PEDIATRIC DENTAL CARE. TODAY, WE ARE GROUNDED IN A 3-PILLARED STRATEGIC PLAN FOCUSED ON BIOLOGICAL RESEARCH, CLINICAL SERVICE AND PUBLIC HEALTH OUTREACH, AND TECHNOLOGICAL INNOVATION. 0 0 18291662 1102010 3618216 THE FORSYTH INSTITUTE IS THE ONLY INDEPENDENT RESEARCH INSTITUTE IN THE UNITED STATES FOCUSING ON THE CONNECTIONS BETWEEN ORAL HEALTH AND OVERALL WELLNESS. 18291662 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 40 0 1 168 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X SOK CHENG SOH 6172625200 245 FIRST STREET CAMBRIDGE MA 02142 DR WENYUAN SHI CEO & CHIEF SCIENTIFIC OFFICER 45.00 X X 473169 0 47963 ELYSE CHERRY CHAIR 1.00 X X 0 0 0 RICHARD ANDERS DIRECTOR 1.00 X 0 0 0 JANICE BOURQUE DIRECTOR 1.00 X 0 0 0 CHARLES BRIDGES MD DIRECTOR 1.00 X 0 0 0 PAMELA CZEKANSKI DIRECTOR 1.00 X 0 0 0 CATHERINE D'AMATO DIRECTOR 1.00 X 0 0 0 BRUCE DONOFF DMD MD DIRECTOR 1.00 X 0 0 0 DAI FENG DIRECTOR 1.00 X 0 0 0 MICHAEL GREELEY DIRECTOR 1.00 X 0 0 0 STEPHANIE HSIEH DIRECTOR 1.00 X 0 0 0 KARLA JARVIS DIRECTOR 1.00 X 0 0 0 RAJ KOHLI PHD DIRECTOR 1.00 X 0 0 0 BRUCE LIEBERTHAL DDS DIRECTOR 1.00 X 0 0 0 MICHAEL MONOPOLI PHD DMD DIRECTOR 1.00 X 0 0 0 PETER NESSEN DIRECTOR 1.00 X 0 0 0 STEVEN THORNE IV DIRECTOR 1.00 X 0 0 0 PAMELA SCOTT DIRECTOR 1.00 X 0 0 0 CARLINE DUROCHER GENERAL LEGAL COUNSEL & SECRETARY 45.00 X 265443 0 51441 SOK CHENG SOH CFO & TREASURER 45.00 X 171516 0 21627 DR THOMAS VAN DYKE VP CLINICAL & TRANS. RES. 45.00 X 325869 0 34902 IBRAHIM KANTARCI SENIOR SCIENTIST 45.00 X 238482 0 31101 WEI HSU SENIOR MEMBER OF STAFF 45.00 X 328700 0 55173 PAULA LAPALME CHIEF ADMINISTRATION OFFICER 45.00 X 225300 0 34611 HATICE HASTURK SENIOR MEMBER OF STAFF 45.00 X 197564 0 27903 2226043 0 304721 30 0 1 0 AQUEDUCT TECHNOLOGIES INC 333 WYMAN ST SUITE 300 WALTHAM MA 02451 TECHINCAL SERVICES 377146 FOLEY HOAG LLP SEAPORT WEST 155 SEAPORT BLVD BOSTON MA 02210 LEGAL 344490 ROBERT HALF INTERNATIONAL INC 2613 CAMINO RAMON SAN RAMON CA 94583 ACCOUNTING SERVICES 196425 3 481500 11638700 2036129 14156329 RESEARCH 541700 2458600 2458600 DENTAL SERVICES 621400 1584513 237561 1346952 FESC RESEARCH CENTER 541700 922055 922055 4965168 527394 527394 16767286 12856 15288388 0 1478898 12856 1491754 1491754 47446 481500 252672 -205226 -205226 MISCELLANEOUS INCOME 900099 119736 119736 119736 21055155 3618216 1346952 1933658 1089010 1089010 13000 13000 1519506 220844 1192401 106261 10512618 7016486 3453636 42496 429409 296880 131841 688 1765651 1092624 654754 18273 809058 487593 311749 9716 609746 609746 80405 80405 71500 71500 117988 117988 259511 32470 227041 1148983 1046422 102561 5185986 4634668 523314 28004 175469 132454 37118 5897 85123 39272 45851 1470853 1431417 37877 1559 270807 14492 256315 DUES & SUBSCRIPTIONS 656086 145343 510743 OUTSIDE SERVICES 509759 336589 173170 REPAIRS & MAINTENANCE 478101 155816 322285 MISCELLANEOUS 337372 2055 334631 686 32727 32727 27628668 18291662 9123426 213580 535271 231426 2169365 7662246 2577687 4568532 311668 593434 29430613 26354379 4271293 3076234 26102093 15912265 1374514 1182487 0 4371112 37341891 37597736 2714467 2517968 442061 934081 3000000 5485426 2168587 5386760 8325115 14324235 X 28949648 23224267 67128 49234 29016776 23273501 37341891 37597736 -6573513 830238 0 X X 0 1 X 1 1 1 X 13809241 10237652 10873715 13366112 14156329 62443049 3366338 2928986 2849038 4466995 3618216 17229573 17175579 13166638 13722753 17833107 17774545 79672622 10500 41500 20000 65000 85000 222000 1536558 1929134 2149315 1687609 861449 8164065 1547058 1970634 2169315 1752609 946449 8386065 71286557 2052920 634383 541542 536051 527394 4292290 2052920 634383 541542 536051 527394 4292290 302674 114557 58017 61019 119736 656003 19531173 13915578 14322312 18430177 18421675 84620915 0.84240 0.81880 0.05070 0.05880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 71500 71500 27557168 27628668 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 68805 15990 61400 71500 217695 250000 250000 250000 250000 1000000 1500000 LOBBYING ACTIVITY: EXPENSES INCLUDE A CONTRACT WITH A LOBBYING FIRM FOR ASSISTANCE WITH STATE GRANT LOBBYING. ADDITIONALLY, FORSYTH BELONGS TO MEMBERSHIP ORGANIZATIONS WHICH ENGAGE IN LOBBYING ACTIVITIES. A PORTION OF THE DUES PAID ARE SPECIFICALLY IDENTIFIED AS LOBBYING EXPENSES. 29645972 2718542 7607516 24756998 39492858 -3036607 6810279 29645972 34218606 9667919 4393667 39492858 39661387 1032607 6475388 34218606 44278955 2371539 1341452 8330559 39661387 1.00000 0 0 16774746 14319879 2454867 11651280 11223626 427654 1004587 810874 193713 3076234 RIGHT-OF-USE LEASE ASSET - OPERATING 4067133 CONSTRUCTION IN PROGRESS 303979 4371112 OPERATING LEASE LIABILITY 5386760 5386760 X PART V, LINE 4: TO SUPPORT THE CHARITABLE MISSION OF THE FORSYTH DENTAL INFIRMARY FOR CHILDREN. PART X, LINE 2: THE INSTITUTE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INSTITUTE HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT JUNE 30, 2023. THE INSTITUTE'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 1 NORTH AMERICA 0 0 GRANTMAKING 13000 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM EXPENSES SCHOOL ORAL HEALTH PROGRAM 509271 0 0 0 0 0 0 522271 0 522271 NORTH AMERICA PROGRAM SUPPORT 13000 0 FMV 1 0 0 0 0 0 1 PART I, LINE 2: THE INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES TO ITS OFFICE OF SPONSORED RESEARCH. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY BOTH THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. PART III ACCOUNTING METHOD: DENTECH 344180 324000 20180 143311 ORTHO 123650 111500 12150 7546 92702 1 61116 46000 15116 8400 713 528946 481500 47446 15946 236726 252672 -205226 1 BRIGHAM & WOMEN'S HOSPITAL 77 LOUIS PASTER AVE HIM836 BOSTON MA 02115 042312909 501 (C)(3) 105976 0 PROGRAM SUPPORT HARVARD UNIVERSITY 677 HUNTINGTON AVENUE BOSTON MA 02115 042103580 501 (C)(3) 6218 0 PROGRAM SUPPORT MARINE BIOLOGICAL LABORATORY 7 MBL ST WOODSHOLE MA 02543 042104690 501 (C)(3) 301806 0 PROGRAM SUPPORT STATE UNIVERSITY OF NY 206 CROFTS HALL BUFFALO NY 14260 160865182 501 (C)(3) 169406 0 PROGRAM SUPPORT UNIVERSITY OF MICHIGAN 1109 GEDDES ANN ARBOR MI 481091079 386006309 501 (C)(3) 5029 0 PROGRAM SUPPORT UNIVERSITY OF FLORIDA PO BOX 113001 GAINSEVILLE FL 32611 596002052 501 (C)(3) 27055 0 PROGRAM SUPPORT UNIVERSITY OF WASHINGTON GC 4333 BROOKLYN AVENUE NE BOX 359472 SEATTLE WA 981959472 916001537 GOV'T 108470 0 PROGRAM SUPPORT UNIVERSITY OF TENNESSEE 847 MONROE AVENUE SUITE 117 MEMPHIS TN 38163 626001636 501 (C)(3) 8726 0 PROGRAM SUPPORT J CRAIG VENTER INSTITUTE 4120 CAPRICORN LC LA JOLLA CA 92037 521842938 501 (C)(3) 413597 0 PROGRAM SUPPORT 9 PART I, LINE 2: ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS IN THE U.S. THE INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS TO ITS OFFICE OF SPONSORED RESEARCH. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY BOTH THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. X X X X 0 0 0 0 0 0 0 0 0 DR WENYUAN SHI CEO & CHIEF SCIENTIFIC OFFICER 473169 0 0 0 0 0 27623 0 20340 0 521132 0 0 0 WEI HSU SENIOR MEMBER OF STAFF 305126 0 23574 0 0 0 27700 0 27473 0 383873 0 0 0 DR THOMAS VAN DYKE VP CLINICAL & TRANS. RES. 315869 0 10000 0 0 0 28047 0 6855 0 360771 0 0 0 CARLINE DUROCHER GENERAL LEGAL COUNSEL & SECRETARY 265443 0 0 0 0 0 24673 0 26768 0 316884 0 0 0 IBRAHIM KANTARCI SENIOR SCIENTIST 238482 0 0 0 0 0 21040 0 10061 0 269583 0 0 0 PAULA LAPALME CHIEF ADMINISTRATION OFFICER 225300 0 0 0 0 0 19986 0 14625 0 259911 0 0 0 HATICE HASTURK SENIOR MEMBER OF STAFF 197564 0 0 0 0 0 17791 0 10112 0 225467 0 0 0 SOK CHENG SOH CFO & TREASURER 171516 0 0 0 0 0 15560 0 6067 0 193143 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY TAX ADVISORS WITH INFORMATION PROVIDED BY MANAGEMENT. THE DRAFT FORM 990 IS REVIEWED BY THE CEO AND CFO. IT IS THEN DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORSYTH'S CONFLICT OF INTEREST POLICY APPLIES TO FORSYTH'S BOARD MEMBERS, OFFICERS, ADMINISTRATORS, AND RESEARCH EMPLOYEES AND WAS ESTABLISHED TO PROTECT THE INTEREST OF THE INSTITUTE - THE DESIGN, CONDUCT, OR REPORTING OF OPERATIONS OR RESEARCH. CONSISTENT WITH THE POLICY, OFFICERS, ADMINISTRATORS, RESEARCH STAFF EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. TO ACCOMPLISH THIS OBJECTIVE, THIS POLICY ESTABLISHES A DISCLOSURE SYSTEM WHERE BY POTENTIAL CONFLICT SITUATIONS WILL BE IDENTIFIED, REVIEWED AND ADDRESSED. FORSYTH OFFICERS, ADMINISTRATORS, AND RESEARCH EMPLOYEES - FORSYTH'S SECRETARY/GENERAL COUNSEL IS THE INSTITUTIONAL OFFICIAL WHO IS RESPONSIBLE FOR DISSEMINATING THE CONFLICT OF INTEREST POLICY AND COLLECTING SIGNED DISCLOSURE STATEMENTS WHEN THE EMPLOYEES ARE FIRST HIRED AND ANNUALLY THEREAFTER. THE RESOLUTION OF ANY CONFLICT OR PERCEIVED CONFLICT IS IDENTIFIED BY THE INSTITUTIONAL OFFICIAL, IN CONSULTATION WITH FORSYTH'S CONFLICT OF INTEREST COMMITTEE. FORSYTH BOARD MEMBERS - FORSYTH'S SECRETARY/GENERAL COUNSEL IS RESPONSIBLE FOR DISSEMINATING THE CONFLICT OF INTEREST POLICY AND COLLECTING SIGNED DISCLOSURE STATEMENTS FROM BOARD MEMBERS AT THE TIME THEY ARE APPOINTED AND ANNUALLY THEREAFTER. THE RESOLUTION OF ANY CONFLICT OR PERCEIVED CONFLICT IS IDENTIFIED BY THE SECRETARY IN CONSULTATION WITH THE CHAIRMAN OF FORSYTH'S BOARD OF DIRECTORS. AS A VOTING BOARD MEMBER, THE CEO DOES NOT VOTE ON AND IS RECUSED WHEN A CONFLICT OF INTEREST ARISES. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION CEO COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE INDEPENDENT BOARD OF DIRECTORS. COMPARABLE COMPENSATION DATA AND FORM 990 DATA FROM OTHER ORGANIZATIONS ARE UTILIZED FOR THE REVIEW OF CEO COMPENSATION. THE CEO REVIEWS AND APPROVES COMPENSATION FOR THE EXECUTIVE MANAGEMENT, USING MARKET SURVEYS AND FORM 990 DATA FOR OTHER SIMILAR ORGANIZATIONS. THESE DECISIONS ARE REVIEWED BY THE BOARD OF DIRECTORS. ANNUALLY, FORSYTH PARTICIPATES IN A COMPENSATION SURVEY THAT INCLUDES COMPARATIVE DATA OF SIMILAR ORGANIZATIONS. THESE ANALYSES ARE UTILIZED IN THE REVIEW OF THE CEO AND EXECUTIVE MANAGEMENT'S COMPENSATION. BOTH THE DELIBERATION AND DECISION PROCESS FOR DETERMINING COMPENSATION OF THE CEO AND EXECUTIVE MANAGEMENT IS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE FORSYTH INSTITUTE MAKES ITS GOVERNING DOCUMENTS, WRITTEN POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THESE ITEMS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. FORSYTH INNOVATION LLC 245 FIRST STREET CAMBRIDGE MA 02142 TECH DEV DE 0 0 FORSYTH FORSYTH INTERNATIONAL INC 245 FIRST STREET CAMBRIDGE MA 02142 043443294 DENTAL CARE MA 501(C)(3) LINE 9 FORSYTH DENTAL INFIRMARY FOR CHILDREN 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0