2011-05-13T12:26:13-05:00 2010-06-30 Carbis Walker LLP 5700 Corporate Drive Ste 650 Pittsburgh PA 15237 990 2009-07-01 251561504 THE WATSON INSTITUTE WATS 4127492870 301 CAMP MEETING ROAD SEWICKLEY PA 15143 Raymond B White 4127492870 2011-03-22 1 Jeffrey J Petrell CPA 4126356270 2009 2016-02-24 21:20:13Z Raymond B White 301 CAMP MEETING ROAD SEWICKLEY PA 15143 6826690 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. 20 18 235 93 0 0 294710 345904 4210684 4984449 -8652735 -132432 78573 45473 -4068768 5243394 0 0 4639928 5184659 112736 86720 307203 1510885 1670175 6263549 6941554 -10332317 -1698160 80492548 86950260 3290386 3757325 77202162 83192935 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, wraparound, outpatient services and respite programs; and training and technical support to educators, psychologists, and therapists and others working in this field. 1 0 2814189 2524047 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 2010 totaled: 92 wrap-around; 177 summer camp; & 817 outpatient. 1078589 1211258 TRAINING AND CONSULTATION PROVIDES CONSULTATION, TRAINING, PROGRAM DEVELOPMENT AND CONTRACTUAL SERVICES TO SCHOOL DISTRICTS, MENTAL HEALTH/MENTAL RETARDATION AND WRAP-AROUND SERVICE Providers. Over 40 school districts were served in Fiscal year 2010. 525725 659739 WATSON INSTITUTE BEHAVIOR SUPPORT FOR YOUTH- THE WATSON INSTITUTE ALONG WITH SUPPORT FROM THE SCHOOL OF EDUCATION OF THE UNIVERSITY OF PITTSBURGH provides SCHOOL-BASED BEHAVIORAL SUPPORT TO THE STAFF OF TEN PITTSBURGH PUBLIC SCHOOLS. TRAINING AND CONSULTATIVE SUPPORT is provided TO THE STAFF AND ALSO TO THE STUDENTS WHEN NECESSARY. 125800 5110 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 68 children during fiscal year 2010. 280863 297111 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 10 students enrolled for Fiscal Year 2010. 448183 287184 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. 10 students served in fiscal year 2010. 854846 589405 5273349 1 1 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 14 0 235 1 0 1 CJ 0 0 0 1 1 0 0 0 0 0 0 0 0 20 18 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 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 Lilieth Dianzumba 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 Stanley Goldberg 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 Raymond B White 14.00 X X 266918 0 25350 James L Weisman 1.00 X 0 0 0 Eric Huss 1.00 X 0 0 0 Barry Bohn 5.00 X 0 175519 21678 MARILYN HOYSON 8.00 X 0 153906 19254 Joseph R McAllister 40.00 X 109497 0 8121 376415 329425 74403 2 0 1 0 SARAH C Williams SCW Consulting 301 CHESTNUT ROAD EDGEWORTH PA 15143 Development Consultant 100270 1 14825 331079 9170 345904 program service revenu 900099 4984449 4984449 4984449 1389464 1389464 1521896 -1521896 -1521896 -1521896 92835 14825 61400 31435 31435 Miscellaneous Revenue 900099 14038 14038 14038 5243394 4984449 0 -86959 271990 26417 171919 73654 3558450 3252407 285516 20527 530218 456903 63571 9744 547126 472756 72463 1907 276875 244437 27361 5077 64682 4497 60185 22801 22801 86720 86720 143000 143000 350237 245550 102775 1912 14008 14008 110377 83039 24265 3073 42025 42025 3242 3242 146065 107004 21952 17109 87158 48576 38582 321484 236749 77467 7268 44488 4479 37626 2383 Trust Fees 182749 182749 Printing & Publications 24724 165 8247 16312 Bond Fees 23398 23398 Equipment Rental & Main 19052 18181 871 Equipment 18421 18421 52264 16240 34692 1332 6941554 5273349 1361002 307203 263383 372686 141659 92523 669445 919834 3137 490 750710 613423 184011 137287 74324566 79988841 4906347 5438599 80492548 86950260 641018 614724 13390 42150 2635978 3100451 3290386 3757325 X 53754714 58435640 363029 235975 23084419 24521320 77202162 83192935 80492548 86950260 X 0 1 1 X 0 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 16452 2 16452 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 37677 0 0 37677 0 22228380 2594242 1105124 65144 23652354 29016656 -5409667 1316789 61820 22228380 1.00000 0 0 750710 613423 137287 137287 Cash and Short-Term INvestments 501786 F Mutual Funds 33907596 F Corporate and Municipal Bonds 9666780 F U.S. Treasury and Federal Agency Obligations 2381304 F Other Investments 33531375 F 79988841 Accrued Interest 178954 Cash Value Life Insurance 417434 Beneficial Interest Held in Trust 3680817 due from related parties 717392 Deferred Compensation 444002 5438599 Net Pension Liability 2656449 Deferred Compensation 444002 3100451 5243394 6941554 -1698160 7977604 -288671 7688933 5990773 5586115 210274 210274 5375841 -132447 -132447 5243394 7138910 449804 449804 6689106 252448 252448 6941554 Part V, Line 4: Description of Intended Use of Endowment Funds: 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: Description of Uncertain Tax Positions Under FIN 48: 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. Part XI, Line 8 - Other Adjustments: restricted expenses transferred into operations: -388404. restricted funds transferred into operations: 165326. CHANGE IN BENEFICIAL INTEREST OF ASSETS HELD IN TRUST: 241936. intercompany transfers : 100401. change in unrecognized losses and amortization of prior service costs: -407930. Part XII, Line 2d - Other Adjustments: Intercompany transfers: -16452. fundraising expense: 61400. restricted funds transferred into operations: 165326. Part XII, Line 4b - Other Adjustments: Investment Income: 1389449. Realized Losses on Sale of Assets: -1521896. Part XIII, Line 2d - Other Adjustments: fundraising expense: 61400. restricted expenses transferred into operations: 388404. Part XIII, Line 4b - Other Adjustments: Interest, investment expense, and bond fees: 244729. loss on financial instruments: 7719. X X X X X 1 Sarah Williams Consultant for fundraising activities 0 445049 86720 358329 445049 86720 358329 Pro Am (Golf event) 107660 14825 92835 5350 16490 17129 270 22161 107660 14825 92835 5350 16490 17129 270 22161 61400 31435 X 1 1 X X X 0 0 0 0 0 0 0 0 0 Raymond B White 199012 0 40480 0 27426 0 9691 0 15659 0 292268 0 0 0 Barry Bohn 0 132032 0 26840 0 16647 0 8229 0 13449 0 197197 0 0 MARILYN HOYSON 0 117067 0 20017 0 16822 0 5789 0 13465 0 173160 0 0 PNC Bank Robert W Thomas Robert W. Thomas, Trustee is a key employee of PNC 206065 Lending, financial advisory with PNC Capital Markets 0 Form 990, Part III, line 2 New Program Services 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. 10 students served in fiscal year 2010. 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. Form 990, Part XI, 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 - 19 hours The Education Center at the Watson Institute- 16 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 The Watson Institute Friendship Academy 301 Camp Meeting Road Sewickley PA 15143 256012886 Special Education PA 501(c)(3) Line 2 The Watson Institute 0 0 0 1 0 0 0 0 0 0 1 0 1 1 1 1 1 1