2012-05-11T14:23:45-05:00 2011-06-30 CARBIS WALKER LLP 5700 CORPORATE DRIVE STE 650 PITTSBURGH PA 15237 990 2010-07-01 251561504 THE WATSON INSTITUTE WATS 4127492870 301 CAMP MEETING ROAD SEWICKLEY PA 15143 BARRY W BOHN 4127492870 2012-04-26 1 JEFFREY J PETRELL CPA 4126356270 2012-03-29 2010 2016-02-24 21:20:13Z RAYMOND B WHITE 301 CAMP MEETING ROAD SEWICKLEY PA 15143 10828873 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. 21 19 239 101 0 0 345904 380091 4984449 5603132 -132432 4644068 45473 136802 5243394 10764093 0 44764 0 0 5184659 5655998 86720 0 207583 1670175 2295606 6941554 7996368 -1698160 2767725 86950260 104141014 3757325 3578922 83192935 100562092 X THE WATSON INSTITUTE THROUGH ITS FAMILY OF SCHOOLS & SERVICES HELPS CHILDREN & YOUTH WITH SPECIAL NEEDS ACHIEVE THEIR FULLEST POTENTIAL IN ALL ASPECTS OF THEIR LIVES. WATSON STRIVES TO PROVIDE: PROGRAMS THAT SERVE THE NEEDS OF CHILDREN WITH AUTISM SPECTRUM DISORDERS, NEUROLOGICAL IMPAIRMENTS OR SERIOUS EMOTIONAL CHALLENGES, WITH DIAGNOSTIC, EDUCATIONAL, AND THERAPEUTIC SUPPORT; SUPPORT TO THE FAMILIES OF THESE CHILDREN THROUGH EDUCATION, COUNSELING, WRAP-AROUND, OUTPATIENT SERVICES AND RESPITE PROGRAMS; AND TRAINING AND TECHNICAL SUPPORT TO EDUCATORS, PSYCHOLOGISTS, AND THERAPISTS AND OTHERS WORKING IN THIS FIELD. 0 0 2757740 2504844 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 2011 TOTALED: 94 WRAP-AROUND; 198 SUMMER CAMP; & 947 OUTPATIENT. 1598252 1311645 TRAINING AND CONSULTATION PROVIDES CONSULTATION, TRAINING, PROGRAM DEVELOPMENT AND CONTRACTUAL SERVICES TO SCHOOL DISTRICTS, MENTAL HEALTH/MENTAL RETARDATION AND WRAP-AROUND SERVICE PROVIDERS. OVER 42 SCHOOL DISTRICTS WERE SERVED IN FISCAL YEAR 2011. 504137 645994 WATSON INSTITUTE BEHAVIOR SUPPORT FOR YOUTH- THE WATSON INSTITUTE PROVIDES SCHOOL-BASED BEHAVIORAL SUPPORT TO THE STAFF OF THE PITTSBURGH PUBLIC SCHOOLS. TRAINING AND CONSULTATIVE SUPPORT IS PROVIDED TO THE STAFF AND ALSO TO THE STUDENTS WHEN NECESSARY. 150256 4415 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 69 CHILDREN DURING FISCAL YEAR 2011. 503966 456994 THE WATSON INSTITUTE SCHOOL-BASED CYBER ACADEMY (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 15 STUDENTS ENROLLED FOR FISCAL YEAR 2011. 443574 679240 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. 24 STUDENTS SERVED IN FISCAL YEAR 2011. 1097796 1140649 5957925 1 1 0 1 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 15 0 1 239 1 0 1 CJ 0 0 0 1 1 0 0 0 0 1 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 PA X BARRY W BOHN VP CFO 4127492870 301 CAMP MEETING ROAD SEWICKLEY PA 15143 RAYMOND B WHITE 14.00 X X 272985 0 22255 WILLIAM WRENSHALL IV 1.00 X X 0 0 0 JEFFREY S FLICK 1.00 X X 0 0 0 CHARLES E THORNE 1.00 X X 0 0 0 MARK HALE 1.00 X X 0 0 0 MICHAEL A ANGERMAN 1.00 X 0 0 0 DAVID R FREUDENRICH 1.00 X 0 0 0 WILLIAM H BROWN JR 1.00 X 0 0 0 J KAYE CUPPLES PHD 1.00 X 0 0 0 STEFFLER BALSLEY 1.00 X 0 0 0 JEFFREY J BRESCH 1.00 X 0 0 0 AMY MARCINKIEWICZ 1.00 X 0 0 0 A JAY GROSS PHD 1.00 X 0 0 0 LYNN IEZZI 1.00 X 0 0 0 STEPHEN G ENGLISH 1.00 X 0 0 0 J ERIC RENNER 1.00 X 0 0 0 ROBERT F TOUSIGNANT 1.00 X 0 0 0 ROBERT W THOMAS 1.00 X 0 0 0 JAMES L WEISMAN 1.00 X 0 0 0 ERIC HUSS 1.00 X 0 0 0 MALCOLM NIMICK 1.00 X 0 0 0 BARRY BOHN 5.00 X 0 187339 24892 MARILYN HOYSON 8.00 X 0 163114 21480 JOSEPH R MCALLISTER 40.00 X 116242 0 10883 389227 350453 79510 2 0 1 0 ENNOVA 69 SPRING MEADOW AVENUE MARKHAM CA L6B 1B6 BUSINESS DEVELOPMENT 356351 CAMBRIDGE ASSOCIATES LLC PO BOX 10317 UNIONDALE NY 11555 INVESTMENT MANAGEMENT 105701 2 23017 357074 37520 380091 PROGRAM SERVICE REVENU 900099 5603132 5603132 5603132 1742517 1742517 2901551 2901551 2901551 2901551 110063 23017 64780 45283 45283 MISCELLANEOUS REVENUE 900099 91519 91519 91519 10764093 5603132 0 4780870 44764 44764 289019 27277 185801 75941 3826655 3465275 343537 17843 648210 560751 76409 11050 594743 516180 76948 1615 297371 260880 32242 4249 74336 13585 60751 27618 27618 132393 132393 761253 621388 137477 2388 74910 74910 135766 105126 29043 1597 51772 51772 4409 4409 137929 102114 21415 14400 77721 37943 39778 346037 115321 223513 7203 54707 52864 1843 TRUST FEES 246294 246294 BOND FEES 63946 63946 PRINTING & PUBLICATIONS 25917 67 18040 7810 EQUIPMENT RENTAL & MAIN 20735 19598 1137 CONSULTING 18893 18000 893 40970 29469 11501 7996368 5957925 1830860 207583 372686 263029 92523 87165 919834 721413 490 2353 777169 638565 137287 138604 79988841 97057116 5438599 5871334 86950260 104141014 614724 634522 42150 21219 3100451 2923181 3757325 3578922 X 58435640 71217107 235975 289187 24521320 29055798 83192935 100562092 86950260 104141014 X 2767725 14601432 X X 0 1 1 X 0 X X X 1 0 0 THE EDUCATION CENTER AT THE WATON INSTITUTE 251556310 6 1 1 1 0 THE WATSON INSTITUTE FRIENDSHIP ACADEMY 256012886 6 1 1 1 14765 2 14765 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 17587 0 0 17587 0 PART IV, SUPPLEMENTAL INFORMATION: PART II-B, LINE 1(G), DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY: THE ORGANIZATION CONTACTS LEGISLATORS AND GOVERNMENT OFFICIALS TO ENCOURAGE LEGISLATION THAT SECURES STATE FUNDING OF CAPITAL PROJECTS. 23652354 5565686 1058980 93649 28065411 22228380 2594242 1105124 65144 23652354 29016656 -5409667 1316789 61820 22228380 1.00000 0 0 777169 638565 138604 138604 CASH AND SHORT-TERM INVESTMENTS 1378878 F MUTUAL FUNDS 53687033 F CORPORATE AND MUNICIPAL BONDS 1099425 F OTHER INVESTMENTS 40891780 F 97057116 ACCRUED INTEREST 36841 BENEFICIAL INTEREST HELD IN TRUST 4506740 DUE FROM RELATED PARTIES 714962 DEFERRED COMPENSATION 612791 5871334 NET PENSION LIABILITY 2310390 DEFERRED COMPENSATION 612791 2923181 10764093 7996368 2767725 14255753 345679 14601432 17369157 6405484 285425 285425 6120059 4644034 4644034 10764093 7969554 323205 323205 7646349 350019 350019 7996368 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INSTITUTE IS A NON-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, 2011 AND 2010. THE STATUTORY TAX YEARS REMAIN OPEN TO EXAMINATION. PART XI, LINE 8 - OTHER ADJUSTMENTS: RESTRICTED EXPENSES TRANSFERRED INTO OPERATIONS -258,425. CHANGE IN BENEFICIAL INTEREST OF ASSETS HELD IN TRUST 198,584. INTERCOMPANY TRANSFERS -373,750. CHANGE IN UNRECOGNIZED GAINS AND AMORTIZATION OF PRIOR SERVICE COSTS 543,860. ASSETS RELEASED FROM RESTRICTION 235,410. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERCOMPANY TRANSFERS -14,765. FUNDRAISING EXPENSE 64,780. RESTRICTED FUNDS TRANSFERRED INTO OPERATIONS 235,410. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME 1,742,483. REALIZED GAINS ON SALE OF ASSETS 2,901,551. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 64,780. RESTRICTED EXPENSES TRANSFERRED INTO OPERATIONS 258,425. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INTEREST, INVESTMENT EXPENSE, AND BOND FEES 323,363. LOSS ON FINANCIAL INSTRUMENTS 26,656. IRELAND 0 0 PROGRAM SERVICES PSYCHOLOGICAL SERVICES CONSULTATION 53400 0 0 0 0 0 0 53400 0 53400 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: A COLLABORATIVE PROJECT BETWEEN THE WATSON INSTITUTE AND THE IRISH AUTISM ACTION (IAA). WATSON STAFF WILL: PROVIDE TRAINING AND SUPERVISION TO STAFF IDENTIFIED BY IAA IN IRELAND; PRESENT AT IAA SPONSORED CONFERENCES AND WORKSHOPS; EVALUATE POTENTIAL PARTICIPANTS AND DETERMINE INDIVIDUALIZED SUPPORTS FOR STUDENTS; CONSULTATION; AND PROVIDE THE AUTISM COLLEGE AND COMMUNITY LIFE ACCLIMATION & INTERVENTION MODEL (ACCLAIM) CURRICULUM MANUAL. PRO AM (GOLF EVENT) 133080 23017 110063 5200 5100 12240 16838 350 25052 133080 23017 110063 5200 5100 12240 16838 350 25052 64780 45283 1 SCHOLARSHIPS FOR THE WATSON INSTITUTE SCHOOL-BASED CYBER ACADEMY (WISCA) AND THE WATSON INSTITUTE BEHAVIOR SUPPORT ACADEMY (WIBSA) 14 44764 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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) AND THE WATSON INSTITUTE BEHAVIOR SUPPORT ACADEMY (WIBSA). THE SCHOLARSHIPS WERE ISSUED TO THE STUDENTS' HOME SCHOOL DISTRICTS TO OFFSET TOTAL TUITION COSTS THAT THE DISTRICTS ARE RESPONSIBLE FOR. X 1 1 X X X 0 0 0 0 0 0 0 0 0 RAYMOND B WHITE 205238 0 41693 0 26054 0 10359 0 11896 0 295240 0 0 0 BARRY BOHN 0 136125 0 34557 0 16657 0 11655 0 13237 0 212231 0 0 MARILYN HOYSON 0 121423 0 24840 0 16851 0 8394 0 13086 0 184594 0 0 PNC BANK (ROBERT W THOMAS) ROBERT W. THOMAS, TRUSTEE IS A KEY EMPLOYEE OF PNC BANK 294932 LENDING, FINANCIAL ADVISORY WITH PNC BANK CAPITAL MARKETS 0 X 5410 FMV X 8577 FMV X 1 15000 FMV X STUDENT EQUIPMENT 10 8533 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 14,255,753. RESTRICTED EXPENSES TRANSFERRED INTO OPERATIONS -258,425. CHANGE IN BENEFICIAL INTEREST OF ASSETS HELD IN TRUST 198,584. INTERCOMPANY TRANSFERS -373,750. CHANGE IN UNRECOGNIZED GAINS AND AMORTIZATION OF PRIOR SERVICE COSTS 543,860. ASSETS RELEASED FROM RESTRICTION 235,410. TOTAL TO FORM 990, PART XI, LINE 5: 14,601,432. 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. FORM 990, PART VII, COLUMN B RAYMOND WHITE, BARRY BOHN, AND MARILYN HOYSON SPLIT THEIR TIME BETWEEN THE WATSON INSTITUTE, THE EDUCATION CENTER AT THE WATSON INSTITUTE, AND THE WATSON INSTITUTE FRIENDSHIP ACADEMY. BREAKDOWN OF HOURS PER WEEK DEVOTED TO EACH ENTITY: RAYMOND WHITE: THE WATSON INSTITUTE - 14 HOURS THE WATSON INSTITUTE FRIENDSHIP ACADEMY - 13 HOURS THE EDUCATION CENTER AT THE WATSON INSTITUTE- 13 HOURS BARRY BOHN: THE WATSON INSTITUTE - 5 HOURS THE WATSON INSTITUTE FRIENDSHIP ACADEMY - 18 HOURS THE EDUCATION CENTER AT THE WATSON INSTITUTE- 17 HOURS MARILYN HOYSON: THE WATSON INSTITUTE - 8 HOURS THE WATSON INSTITUTE FRIENDSHIP ACADEMY - 15 HOURS THE EDUCATION CENTER AT THE WATSON INSTITUTE- 17 HOURS 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 1 0 1 1 1 1 1 1 THE EDUCATION CENTER AT THE WATSON INSTITUTE O 1340000 THE WATSON INSTITUTE FRIENDSHIP ACADEMY P 1219000 THE WATSON INSTITUTE FRIENDSHIP ACADEMY O 450000