THE EDUCATION CENTER AT THE WATSON INSTITUTE (EIN 251556310) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

RONALD F FLANDERS

Phone

4127492871

Tax Period

2023-07-01 to 2024-06-30

THE EDUCATION CENTER AT THE WATSON INSTITUTE, founded in 1986, is a mid-sized nonprofit in the Education sector that reported $26.5M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $30.3M exceeded revenue, resulting in a 14% operating deficit.

Mission

AN APPROVED PRIVATE SCHOOL LICENSED TO SERVE CHILDREN AGES 3 TO 21 WITH AUTISM, CEREBRAL PALSY, NEUROLOGICAL IMPAIRMENTS AND OTHER DEVELOPMENTAL DISABILITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $165,792

Program Service Revenue $25,987,294

Investment Income $-1,818

Other Revenue $381,677

TOTAL REVENUE $26,532,945

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,234,953

Fundraising Expenses $0

Program Expenses $28,262,945

Other Expenses $8,016,296

TOTAL EXPENSES $30,251,249

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,532,945	$23,387,358	+0.1%
Expenses	$30,251,249	$26,125,957	+0.2%
Net Income	$-3,718,304	$-2,738,599	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

388

Volunteers

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

$1,075,211

Total Directors

$469,718

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY BOHN	CEO/ASST SECRETARY	32.00	Officer Director	$402,315	$23,181	$425,496
JEFFREY S FLICK	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARK HALE	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JOHN SCHMITT	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL A ANGERMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID R FREUDENRICH	TRUSTEE	1.00	Director	$0	$0	$0
A JAY GROSS PHD	TRUSTEE	1.00	Director	$0	$0	$0
C ERIC HUSS	TRUSTEE	1.00	Director	$0	$0	$0
LYNN IEZZI	TRUSTEE	1.00	Director	$0	$0	$0
TODD R JANSMA	TRUSTEE	1.00	Director	$0	$0	$0
LOUISE KACZMAREK PHD	TRUSTEE	1.00	Director	$0	$0	$0
J ERIC RENNER	TRUSTEE	1.00	Director	$0	$0	$0
HARTON S SEMPLE III	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT W THOMAS	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES E THORNE	TRUSTEE	1.00	Director	$0	$0	$0
MARILYN HOYSON	TRUSTEE/FORMER COO	1.00	Director	$44,222	$0	$44,222
MELISSA PAINTER	CHIEF HUMAN RESOURCE OFFICER	21.00	Officer	$203,576	$8,665	$212,241
RONALD FLANDERS	CFO	29.00	Officer	$218,473	$33,620	$252,093
MARCIA LAUS	COO/VICE PRESIDENT	29.00	Officer	$167,797	$17,584	$185,381
MICHELE TRETTEL	EXECUTIVE DIRECTOR	40.00	Highest	$141,382	$17,206	$158,588

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
2025	No data	No data	No data	No data
2024	$26,532,945	$30,251,249	$51,647,929	$-3,718,304
2023	$23,387,358	$26,125,957	$47,017,788	$-2,738,599
2022	$22,028,845	$22,023,105	$46,099,499	$5,740
2021	$19,609,011	$20,947,309	$42,051,186	$-1,338,298
2020	$18,606,154	$20,814,434	$34,809,149	$-2,208,280
2019	$17,922,905	$19,280,452	$35,297,251	$-1,357,547
2018	$17,124,327	$17,508,703	$36,999,461	$-384,376

THE EDUCATION CENTER AT THE WATSON INSTITUTE