Foundation for Cognitive Therapy and Research

EIN: 232051226 501(c)(3)

Bala Cynwyd, PA

Total Revenue
$7,240,598
Total Expenses
$7,740,182
Total Assets
$9,280,416
Net Assets
$8,359,257
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
PA
Principal Officer
Judith S Beck PhD
Phone
6106643020
Tax Period
2024-01-01 to 2024-12-31

Foundation for Cognitive Therapy and Research, founded in 1972, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

Beck Institute is a 501(c)3 nonprofit with the mission of improving lives worldwide through excellence and innovation in Cognitive Behavior Therapy and Recovery-Oriented Cognitive Therapy, training, practice, and research.

Program Service Accomplishments

Program 1
Expenses: $2,144,199 Revenue: $1,962,910

Training for Organizations: Beck Institute provides lecturers and keynote speakers around the U.S. and the world to present workshops both virtually and on-site at mental health and related...

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Training for Organizations: Beck Institute provides lecturers and keynote speakers around the U.S. and the world to present workshops both virtually and on-site at mental health and related organizations. Speakers offer a wide range of Cognitive Behavior Therapy (CBT) and Recovery-Oriented Cognitive Therapy (CT-R) topics, focusing on the practical application of CBT and CT-R including tailor-made programs (that may include but are not limited to didactic presentations, multimedia, demonstrations, and role-plays) based on the needs of the specific organization requesting training. In 2024, Beck Institute provided approximately 120 days of training in CBT across the United States, as well as the countries of Australia, Brazil, Canada, India, Japan, Jordan, Norway. The mission of The Beck Institute Center for Recovery-Oriented Cognitive Therapy (CT-R) is to improve the lives of individuals with serious mental health condition diagnosis, along with their providers and families. All (CT-R) implementations involve focus groups, workshops, and ongoing consultation typically for a 6 to 9 month period.

Program 2
Expenses: $2,076,408 Revenue: $3,252,248

On-Demand courses: Beck Institute on-line training courses are designed to expand the reach of our excellent training in CBT and CT-R by making them accessible to a broader audience. Through this...

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On-Demand courses: Beck Institute on-line training courses are designed to expand the reach of our excellent training in CBT and CT-R by making them accessible to a broader audience. Through this program, health and mental health professionals from all over the world learn evidence-based CBT from experts in the field, whereby extending access to quality mental health care for the individuals that they treat. In 2024, courses included Essentials of CBT, CBT in Practice, Personality Disorders, Depression, CBT for Anxiety, a Mindfulness course, Suicide Prevention and Recovery-Oriented Cognitive Therapy for Serious Mental Health Conditions (CT-R). We also provide several shorter format webinars. In 2024, there were over 7,000 courses taken with trainees represented throughout the United States and the world.

Program 3
Expenses: $1,258,011 Revenue: $299,430

Workshops: Virtual web-based workshops provide trainees with live intensive, didactic and experiential learning in Cognitive Behavior Therapy and Recovery-Oriented Cognitive Therapy (CT-R) through...

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Workshops: Virtual web-based workshops provide trainees with live intensive, didactic and experiential learning in Cognitive Behavior Therapy and Recovery-Oriented Cognitive Therapy (CT-R) through the use of lecture, discussion, and role-play. Approximately 750 trainees attended our workshops in 2024.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $335,192
Program Service Revenue $6,350,168
Investment Income $521,870
Other Revenue $33,368
TOTAL REVENUE $7,240,598

Expense Breakdown

Grants Paid $12,150
Salaries & Benefits $3,905,407
Fundraising Expenses $147,984
Program Expenses $6,552,444
Other Expenses $3,822,625
TOTAL EXPENSES $7,740,182

Year-over-Year Comparison

2024 2023 Change
Revenue $7,240,598 $6,304,607 +0.1%
Expenses $7,740,182 $8,272,432 -0.1%
Net Income $-499,584 $-1,967,825 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
6
Employees
46
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$791,652
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard J Busis Esq Chair 5.00
Director
$0 $0 $0
Matthew Cohen Vice Chair 1.00
Director
$0 $0 $0
Judge Phyllis W Beck Director 1.00
Director
$0 $0 $0
Sarah Busis Md Director 1.00
Director
$0 $0 $0
Tine Hansen-Turton Mga Jd Director 1.00
Director
$0 $0 $0
Daniel T Beck Licsw Director 1.00
Director
$0 $0 $0
Doug Jordan Director 1.00
Director
$0 $0 $0
Estelle Richman Director 1.00
Director
$0 $0 $0
David Winigrad Director 1.00
Director
$0 $0 $0
Melissa Greenberg Director 1.00
Director
$0 $0 $0
David Pingree Director 1.00
Director
$0 $0 $0
Alan Weschler Director (to 12/2024) 1.00
Director
$0 $0 $0
Judith S Beck PhD President 40.00
Officer
$253,883 $18,998 $272,881
Allen R Miller Executive Director 40.00
Officer
$171,154 $19,184 $190,338
Kenneth Kaminski Director of Finance 40.00
Officer
$167,673 $1,675 $169,348
Julie Snow-Reagan Director of Operations 40.00
Officer
$145,120 $13,965 $159,085
Norman D Cotterell Psychologist 40.00
Highest
$130,203 $30,525 $160,728
Francine R Broder Psychologist 40.00
Highest
$124,061 $27,750 $151,811
Sofia Chernoff Director of CBT Program 40.00
Highest
$122,826 $14,541 $137,367
Paul Grant CT-R Programs Director 40.00
Highest
$121,349 $15,596 $136,945
Francesca Lewis-Hathaway Staff Psychologist 40.00
Highest
$105,427 $12,799 $118,226
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $7,240,598 $7,740,182 $9,280,416 $-499,584
2023 $6,304,607 $8,272,432 $9,490,980 $-1,967,825
2022 $8,516,738 $7,932,090 $10,634,478 $584,648
2021 $6,963,701 $6,992,272 $13,423,917 $-28,571
2020 $6,713,723 $6,145,317 $12,930,949 $568,406
2019 $5,407,621 $5,223,410 $11,829,306 $184,211
2018 $5,248,657 $4,408,237 $10,297,008 $840,420
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