2018-04-30T15:31:01-05:00 2017-06-30 550486667 ARNETT CARBIS TOOTHMAN LLP 5700 CORPORATE DRIVE STE 650 PITTSBURGH PA 15237 990 2016-07-01 251561504 THE WATSON INSTITUTE WATS 4127492871 301 CAMP MEETING ROAD SEWICKLEY PA 15143 RONALD F FLANDERS CFO 4127492871 2018-04-11 1 JEFFREY J PETRELL CPA P00138808 4126356270 2018-04-11 216.12.119.47 2018-04-11 17:20:36 ED P DF744E3B25A165DE652E4F23F783135701134B6F 06B68AA43BDE27CD9CA72CDD253755644F9DBC63 2016 2021-01-29 14:40:06Z RONALD F FLANDERS 301 CAMP MEETING ROAD SEWICKLEY PA 15143 10919044 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. 18 17 178 157 0 0 1375296 1197160 5167354 4779245 467065 4702319 115564 164894 7125279 10843618 117933 111433 0 0 5316238 4533271 0 0 152445 1915888 1669098 7350059 6313802 -224780 4529816 115010808 127789878 4536285 3224802 110474523 124565076 X THE WATSON INSTITUTE HELPS CHILDREN WITH SPECIAL NEEDS ACHIEVE THEIR FULLEST POTENTIAL IN ALL ASPECTS OF THEIR LIVES. 0 0 1592217 1335913 THE PSYCHOLOGICAL SERVICES PROGRAM ADDRESSES THE DIAGNOSIS, TREATMENT, & INTERVENTION FOR CHILDREN WITH AUTISM & RELATED DISORDERS BY PROVIDING WRAP-AROUND SERVICES, FAMILY & GROUP THERAPY SESSIONS, SUMMER CAMP PROGRAMS, SOCIAL SKILLS GROUPS, & MEDICATION MANAGEMENT. THE NUMBER OF CHILDREN SERVED DURING FISCAL YEAR 2017 TOTALED: 57 WRAP-AROUND; 70 SUMMER CAMP; & 972 OUTPATIENT. 928536 889091 TRAINING AND CONSULTATION PROVIDES CONSULTATION, TRAINING, PROGRAM DEVELOPMENT AND CONTRACTUAL SERVICES TO SCHOOL DISTRICTS, MENTAL HEALTH/MENTAL RETARDATION AND WRAP-AROUND SERVICE PROVIDERS. OVER 41 SCHOOL DISTRICTS WERE SERVED IN FISCAL YEAR 2017. 1528393 50077 1839407 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 ASPBERGER'S DISORDER AND HIGH FUNCTIONING AUTISTIC DISORDER 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 45 STUDENTS ENROLLED FOR FISCAL YEAR 2017. 152986 11375 CAREBREAK SCREENS & TRAINS VOLUNTEERS WHO ARE MATCHED WITH FAMILIES TO PROVIDE SHORT-TERM RESPITE CARE TO FAMILIES WITH CHILDREN WITH DISABILITIES. DAY AND OVERNIGHT RESPITE SESSIONS ARE INCLUSIVE PROGRAMS IN A CAMP-LIKE SETTING FOR CHILDREN AND SIBLINGS WITH AND WITHOUT DISABILITIES. CAMP ACTIVITIES ARE SUPERVISED BY A HIGH STAFF TO CHILD RATIO AND A NURSE WHILE PROVIDING PARENTS WITH A RESPITE. 6 SESSIONS OCCUR PER YEAR. CAREBREAK SERVED 49 CHILDREN DURING FISCAL YEAR 2017. 602352 61356 703459 WIBSA-WATSON INSTITUTE BEHAVIOR SUPPORT ACADEMY WHICH SERVES STUDENTS WITH AUTISM SPECTRUM DISORDER AND OTHER COMMUNICATION BEHAVIOR DISORDERS. PROVIDES STUDENTS WITH INTENSIVE BEHAVIORAL SUPPORT FOR A SHORT PERIOD OF TIME SO THAT THE STUDENT CAN RETURN TO A LESS RESTRICTIVE CLASSROOM SETTING. SCHOLARSHIPS FOR STUDENTS ATTENDING THE EDUCATION CENTER AT THE WATSON INSTITUTE. 755338 61356 714834 4804484 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 11 0 178 1 0 1 CJ 0 0 0 1 1 0 0 0 0 0 0 0 X 18 17 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 312360 18644 JEFFREY S FLICK CHAIRPERSON 1.00 2.00 X X 0 0 0 WILLIAM E WRENSHALL IV VICE CHAIRPERSON 1.00 2.00 X X 0 0 0 CHARLES E THORNE SECRETARY 1.00 2.00 X X 0 0 0 ERIC HUSS TREASURER 1.00 2.00 X X 0 0 0 MICHAEL A ANGERMAN TRUSTEE 1.00 2.00 X 0 0 0 JEFFREY J BRESCH TRUSTEE 1.00 2.00 X 0 0 0 J KAYE CUPPLES PHD TRUSTEE 1.00 2.00 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 LYNN IEZZI TRUSTEE 1.00 2.00 X 0 0 0 MARK HALE 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 TODD R JANSMA TRUSTEE 1.00 2.00 X 0 0 0 DANIEL A BRAILER TRUSTEE 1.00 2.00 X 0 0 0 LOUISE KACZMAREK PHD TRUSTEE 1.00 2.00 X 0 0 0 MARILYN HOYSON COO/VP 11.00 29.00 X 0 247584 15953 KARA MOSTOWY CHIEF DEVELOPMENT OFFICER 40.00 X 129855 0 8108 129855 559944 42705 1 0 1 0 0 11996 1185164 1197160 WISCA 900099 1839407 1839407 PSYCHOLOGICAL REVENUE 900099 1335913 1335913 TRAINING & CONSULTATION 900099 889091 889091 WISBA 900099 703459 703459 CAREBREAK 900099 11375 11375 4779245 2011370 2011370 2690949 0 2690949 2690949 2690949 154660 11996 75426 79234 79234 MISCELLANEOUS REVENUE 900099 85660 85660 85660 10843618 4779245 0 4867213 111433 111433 219319 39993 179326 3023104 2747762 185997 89345 543110 473925 55462 13723 512516 455196 51276 6044 235222 205649 23253 6320 24020 24020 29693 29693 117000 117000 322939 296802 11103 15034 62063 62063 102736 85132 9760 7844 102045 101450 280 315 57167 45929 9946 1292 32196 32196 167517 93011 68396 6110 68641 67044 1597 INTEREST AND BOND FEES 358367 358367 CONSULTING 66240 36875 27565 1800 EQUIPMENT 60364 56305 4059 EQUIPMENT RENTAL & MAIN 37789 35999 1385 405 60321 19023 38682 2616 6313802 4804484 1356873 152445 246225 222343 175226 232872 499966 506138 17195 49326 637721 550728 75829 86993 103945434 114953546 10050933 11738660 115010808 127789878 654441 1237462 191637 247125 3690207 1740215 4536285 3224802 X 80685331 92612294 91074 190858 29698118 31761924 110474523 124565076 115010808 127789878 X 4529816 8992867 567870 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 27025 0 2 27025 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 28403813 3471650 1395670 95237 30384556 30734657 -820618 1414076 96150 28403813 32529363 -293712 1395052 105942 30734657 29023866 4816970 1208394 103079 32529363 26401190 3895608 1174591 98341 29023866 1.00000 0 0 637721 550728 86993 86993 CASH AND SHORT-TERM INVESTMENTS 790526 F CORPORATE AND MUNICIPAL BONDS 5350582 F MUTUAL FUNDS 64885678 F OTHER INVESTMENTS 43926760 F 114953546 ACCRUED INTEREST 48001 BENEFICIAL INTEREST HELD IN TRUST 4752365 DUE FROM RELATED PARTIES 6135487 DEFERRED COMPENSATION 802807 11738660 NET PENSION LIABILITY 1740215 1740215 X 19895976 8992867 11090 75426 9079383 10816593 27025 27025 10843618 6894378 11090 569486 580576 6313802 0 6313802 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, 2017 AND 2016. THE STATUTORY TAX YEARS REMAIN OPEN TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 75,426. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY TRANSFERS 27,025. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 75,426. RESTRICTED EXPENSES TRANSFERRED INTO OPERATIONS 494,060. PRO AM (GOLF EVENT) 166656 11996 154660 21565 15505 24392 175 13789 166656 11996 154660 21565 15505 24392 175 13789 75426 79234 1 SCHOLARSHIPS FOR THE WATSON INSTITUTE SCHOOL-BASED CYBER ACADEMY (WISCA), THE WATSON INSTITUTE BEHAVIOR SUPPORT ACADEMY (WIBSA), AND THE EDUCATION CENTER AT THE WATSON INSTITUTE 26 111433 PART I, LINE 2: SCHOLARSHIPS WERE PROVIDED TO ASSIST LOW INCOME FAMILIES MEETING CERTAIN CRITERIA WITH THE COST OF TUITION FOR THE WATSON INSTITUTE SCHOOL-BASED CYBER ACADEMY (WISCA), THE WATSON INSTITUTE BEHAVIOR SUPPORT ACADEMY (WIBSA), AND 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 236902 0 56768 0 18690 0 0 0 18644 0 331004 0 0 MARILYN HOYSON COO/VP 0 144920 0 29661 0 73003 0 0 0 15953 0 263537 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 XI, LINE 9: RESTRICTED EXPENSES TRANSFERRED INTO OPERATIONS -494,060. CHANGE IN BENEFICIAL INTEREST OF ASSETS HELD IN TRUST 151,849. INTERCOMPANY TRANSFERS -27,025. RETIREMENT ALLOCATION 297,192. CHANGE IN UNRECOGNIZED LOSSES AND AMORTIZATION OF PRIOR SERVICE COSTS 639,914. 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 1690000 THE WATSON INSTITUTE FRIENDSHIP ACADEMY Q 570000