THE WATSON INSTITUTE

EIN: 251561504 501(c)(3) Human Services

SEWICKLEY, PA

Total Revenue
$40,296,531
Total Expenses
$10,064,650
Total Assets
$189,687,476
Net Assets
$186,165,108
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
PA
Principal Officer
RONALD F FLANDERS
Phone
4127492871
Tax Period
2024-07-01 to 2025-06-30

THE WATSON INSTITUTE, founded in 1987, is a mid-sized nonprofit in the Human Services sector that reported $40.3M in total revenue in fiscal year 2024. Revenue surged 210% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30.2M, a strong 75% operating margin.

Mission

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.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,567,717
Program Service Revenue $8,129,680
Investment Income $29,480,363
Other Revenue $1,118,771
TOTAL REVENUE $40,296,531

Expense Breakdown

Grants Paid $155,700
Salaries & Benefits $6,848,684
Fundraising Expenses $220,764
Program Expenses $7,798,662
Other Expenses $3,060,266
TOTAL EXPENSES $10,064,650

Year-over-Year Comparison

2024 2023 Change
Revenue $40,296,531 $12,995,193 +2.1%
Expenses $10,064,650 $8,617,894 +0.2%
Net Income $30,231,881 $4,377,299 +5.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
17
Independent Members
15
Employees
67
Volunteers
19

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
8
$1,332,403
Total Directors
17
$634,500
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY BOHN CEO/ASSISTANT SECRETARY 8.00
Officer Director
$0 $24,673 $469,628
MARK HALE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MARILYN HOYSON VICE CHAIR/FORMER COO - DEF COMP PMT 1.00
Officer Director
$0 $0 $164,872
JOHN SCHMITT TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL A ANGERMAN SECRETARY 1.00
Officer Director
$0 $0 $0
JEFFREY S FLICK 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
BRUCE MEYER PHD TRUSTEE 1.00
Director
$0 $0 $0
BHAVANI SUBRAMANI TRUSTEE 1.00
Director
$0 $0 $0
RONALD FLANDERS CFO 11.00
Officer
$0 $35,491 $266,456
MELISSA PAINTER CHIEF HUMAN RESOURCE OFFIC 19.00
Officer
$0 $9,292 $236,415
MARCIA LAUS VICE PRESIDENT/COO 11.00
Officer
$0 $18,475 $195,032
KARA MOSTOWY CHIEF DEVELOPMENT OFFICER 40.00
Highest
$207,668 $20,022 $227,690
RACHEL SCHARTZ CONSULTANT 40.00
Highest
$105,112 $26,242 $131,354
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 $40,296,531 $10,064,650 $189,687,476 $30,231,881
2024 $12,995,193 $8,617,894 $180,154,578 $4,377,299
2023 $10,637,292 $7,882,631 $167,942,564 $2,754,661
2022 $12,934,322 $7,313,414 $158,784,429 $5,620,908
2021 $13,658,608 $6,739,593 $170,930,648 $6,919,015
2020 $19,386,743 $6,664,056 $139,197,609 $12,722,687
2019 $10,679,860 $6,327,428 $140,776,479 $4,352,432
2018 $11,995,482 $5,835,859 $135,264,701 $6,159,623
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