Foundation Of Cognitive Therapy And Research
- Assets
- $9.5m
- Revenue
- $6.3m
- Investments
- $87.0k
- Employees
- 65
- Location
- Bala Cynwyd, PA
- Founding
- 04/1969
- Data as of
- 12/2023
- EIN
- 23-2051226
Organization Overview
Foundation Of Cognitive Therapy And Research, operating under the name Beck Institute Beck Institute for Cognitive Behavior Therapy, is located in Bala Cynwyd, PA. The organization was established in 1969. According to its NTEE Classification (F05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Beck Institute Beck Institute for Cognitive Behavior Therapy employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beck Institute Beck Institute for Cognitive Behavior Therapy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Beck Institute Beck Institute for Cognitive Behavior Therapy generated $6.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $8.3m during the year ending 12/2023. While expenses have increased by 15.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Beck Institute Beck Institute for Cognitive Behavior Therapy has awarded 37 individual grants totaling $162,435. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 2023, 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 2023, THERE WERE OVER 6,000 COURSES TAKEN WITH TRAINEES REPRESENTED THROUGHOUT THE UNITED STATES AND THE WORLD.
CLINICAL PROGRAM: BECK INSTITUTE PROVIDES INDIVIDUALS, COUPLES, AND FAMILIES COGNITIVE BEHAVIOR THERAPY SERVICES ON AN OUTPATIENT BASIS TO ADULTS AND ADOLESCENTS, FOR A WIDE RANGE OF PSYCHIATRIC DISORDERS. IN 2023, BECK INSTITUTE CONDUCTED APPROXIMATELY 2,500 PATIENT SESSIONS.WEIGHT MANAGEMENT PROGRAM - IN 2023, BECK INSTITUTE PROVIDED APPROXIMATELY 700 CLIENT SESSIONS. BECK INSTITUTE ALSO HELD SEVERAL VIRTUAL WEBINARS AND GROUP COACHING SESSIONS IN 2023. SUPERVISION AND CONSULTATION - IN 2023, APPROXIMATELY 450 SESSIONS WERE CONDUCTED THROUGH OUR SUPERVISION PROGRAM, WHICH PROVIDES ONE-ON-ONE GUIDANCE AND SUPPORT FROM EXPERT BECK INSTITUTE FACULTY.
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 2023, BECK INSTITUTE PROVIDED APPROXIMATELY 120 DAYS OF TRAINING ACROSS THE UNITED STATES, AS WELL AS THE COUNTRIES OF CHINA, JAPAN, INDIA AND TURKEY. 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.
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 800 TRAINEES ATTENDED OUR WORKSHOPS IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judge Phyllis W Beck Director | Trustee | 1 | $0 |
Richard J Busis ESQ Chair | Trustee | 5 | $0 |
Sarah Busis MD Director | Trustee | 1 | $0 |
Judge Alice W Dubow Director | Trustee | 1 | $0 |
Tine Hansen-Turton Mga JD Director | Trustee | 1 | $0 |
Daniel T Beck Licsw Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Levlane Advertising Inc Aadvertising | 12/30/16 | $166,805 |
Planet Ten Multimedia Llc Film Production | 12/30/16 | $117,877 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $13,715 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $203,327 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,042 |
| Total Program Service Revenue | $5,891,386 |
| Investment income | $230,899 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$68,322 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,304,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,468 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $14,040 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $807,864 |
| Compensation of current officers, directors, key employees. | $292,973 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,970,478 |
| Pension plan accruals and contributions | $29,249 |
| Other employee benefits | $283,153 |
| Payroll taxes | $282,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95,378 |
| Fees for services: Accounting | $50,891 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $409,158 |
| Advertising and promotion | $284,665 |
| Office expenses | $382,041 |
| Information technology | $383,975 |
| Royalties | $0 |
| Occupancy | $59,369 |
| Travel | $56,804 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $710,520 |
| Insurance | $56,390 |
| All other expenses | $27,788 |
| Total functional expenses | $8,272,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,737 |
| Savings and temporary cash investments | $368,914 |
| Pledges and grants receivable | $4,871 |
| Accounts receivable, net | $193,702 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $201,249 |
| Net Land, buildings, and equipment | $221,674 |
| Investments—publicly traded securities | $7,958,945 |
| Investments—other securities | $86,952 |
| Investments—program-related | $0 |
| Intangible assets | $427,936 |
| Other assets | $0 |
| Total assets | $9,490,980 |
| Accounts payable and accrued expenses | $325,895 |
| Grants payable | $0 |
| Deferred revenue | $554,341 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $88,137 |
| Total liabilities | $968,373 |
| Net assets without donor restrictions | $8,471,689 |
| Net assets with donor restrictions | $50,918 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,490,980 |
Grants Awarded
Over the last fiscal year, Foundation Of Cognitive Therapy And Research has awarded $18,468 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MAIMONIDES MEDICAL CENTER PURPOSE: Financial aid for student education | $6,480 |
UNIVERSITY OF NEVADA RENO PURPOSE: Financial aid for student education | $5,988 |
ICAHN SCHOOL OF MEDICINE AT MT SINAI PURPOSE: Financial aid for student education | $6,000 |