Walsh Research Institute
- Assets
- $256.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Naperville, IL
- Founding
- 04/2009
- Data as of
- 09/2024
- EIN
- 80-0213945
Organization Overview
Walsh Research Institute is located in Naperville, IL. The organization was established in 2009. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 09/2024, Walsh Research Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walsh Research Institute 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 09/2024, Walsh Research Institute generated $195.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $193.8k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
WRI DIRECTED INTENSIVE PHYSICIAN-TRAINING PROGRAMS. THIS PROJECT INCLUDED CLINICAL EVALUATION AND TREATMENT OF PATIENTS DIAGNOSED WITH AUTISM, ADHD, DEPRESSION, BIPOLAR DISORDER, SCHIZOPHRENIA, AND ALZHEIMER'S DISEASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Walsh Chief Executive | 40 | $76,000 | |
John G Provenzale Director | 0.25 | $0 | |
Richard S Peabody Jr Director | 0.25 | $0 | |
Judy E Bowman Director | 0.25 | $0 | |
Albert H P K Mensah Director | 0.25 | $0 | |
Cathy Mullen Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,940 |
| Total Program Service Revenue | $184,112 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $195,052 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $136,193 |
| Professional fees and other payments to independent contractors | $20,300 |
| Occupancy, rent, utilities, and maintenance | $10,003 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,263 |
| Total expenses | $193,759 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,977 |
| Other assets | $0 |
| Total assets | $255,977 |
| Total liabilities | $28,660 |
| Net assets or fund balances | $227,317 |