2024-06-13T14:35:10-05:00 2023-07-31 420714325 RSM US LLP 7351 OFFICE PARK PLACE MELBOURNE FL 329408229 990 2022-08-01 521699641 THE INSTITUTE OF WORLD POLITICS INST 2024622101 1521 16TH STREET NW WASHINGTON DC 20036 DR JOHN LENCZOWSKI FOUNDER AND CHANCELLOR 2024622101 2024-06-12 1 DR JOHN LENCZOWSKI XXX-XX-XXXX 0 KELLI PECK P01423033 3217516200 2024-06-12 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR JOHN LENCZOWSKI 1521 16TH STREET NW WASHINGTON DC 20036 15214397 0 X WWW.IWP.EDU X 1990 DC A GRADUATE SCHOOL OF NATIONAL SECURITY AND INTERNATIONAL AFFAIRS, DEDICATED TO DEVELOPING LEADERS WITH A SOUND UNDERSTANDING OF INTERNATIONAL REALITIES, AND THE ETHICAL CONDUCT OF STATECRAFT. IWP'S APPROVED ACTIVITIES INCLUDE EDUCATION, RESEARCH AND PUBLICATION. 19 18 80 30 0 0 9926754 8931235 3248712 3367492 163216 125425 29998 104454 13368680 12528606 779742 1052659 0 0 5467463 6485054 0 0 951025 3116347 3750078 9363552 11287791 4005128 1240815 21342059 22850792 8363925 8009229 12978134 14841563 X THE INSTITUTE OF WORLD POLITICS IS A GRADUATE SCHOOL OF NATIONAL SECURITY AND INTERNATIONAL AFFAIRS, DEDICATED TO DEVELOPING LEADERS WITH A SOUND UNDERSTANDING OF INTERNATIONAL REALITIES AND THE ETHICAL CONDUCT OF STATECRAFT, BASED ON KNOWLEDGE AND APPRECIATION OF THE FOUNDING PRINCIPLES OF THE AMERICAN POLITICAL ECONOMY AND THE WESTERN MORAL TRADITION. 0 0 4936340 1052659 3367492 THE INSTITUTE OFFERS A DOCTOR OF STATECRAFT AND NATIONAL SECURITY PROGRAM, FIVE M.A DEGREES IN ITS MASTER'S DEGREE PROGRAM, OVER 10 CERTIFICATES OF GRADUATE STUDY, A ACADEMIC PROGRAM FOR DEFENSE & INTELLIGENCE LEADERSHIP IN PARTNERSHIP WITH THE UNITED STATES NAVAL WAR COLLEGE, THE UNITED STATES ARMY, AND OTHER AGENCIES IN THE INTELLIGENCE COMMUNITY AND A CONTINUING EDUCATION PROGRAM, ALL WITH A PROFESSIONAL CURRICULUM COVERING THE VARIOUS ELEMENTS OF STATECRAFT. THIS CURRICULUM IS BASED UPON AN INTERDISCIPLINARY FOUNDATIONAL COURSE OF STUDY THAT INCLUDES RELEVANT ELEMENTS OF COMPARATIVE POLITICAL CULTURE, WESTERN MORAL PRECEPTS, PRACTICAL POLITICAL ECONOMICS, AND A POLITICAL AND DIPLOMATIC HISTORY. 1923336 THE INSTITUTE HAS A PROGRAM OF EDUCATIONAL AND OCCUPATIONAL COUNSELING FOR IT'S STUDENTS FROM VARIOUS PEOPLE ASSOCIATED WITH THE INSTITUTE, INCLUDING THE FACULTY CHAIRMAN, THE ADMISSIONS COORDINATOR, AND OTHER FACULTY MEMBERS THE INSTITUTE ASSISTS ITS STUDENTS WITH FINDING EMPLOYMENT OPPORTUNITIES, PARTICULARLY THOSE IN THE FOREIGN AFFAIRS AND NATIONAL SECURITY FIELDS. 442541 THE LIBRARY OFFERS SERVICES TO SUPPORT THE INSTITUTES CURRICULUM AND EXPAND STUDENTS LEARNING OUTSIDE THE CLASSROOM BY PROVIDING ACCESS TO OUR PRINT COLLECTIONS, ELECTRONIC SUBSCRIPTIONS, AS WELL AS ACCESS TO PARTNER LIBRARIES. 7302217 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 80 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AZ CA CO IL MA MD MI NJ NH NV NY OH OK OR RI WA X X CHRIS GLASS 2024622101 1521 16TH STREET NW WASHINGTON DC 20036 DR JOHN LENCZOWSKI CHANCELLOR AND PRESIDENT EMERITUS 40.00 X X 243855 0 19910 JOHN LOVEWELL CHAIRMAN 8.00 X X 0 0 0 HON TIDAL W MCCOY VICE CHAIRMAN 8.00 X X 0 0 0 DR STEPHEN A FAUSEL TRUSTEE 1.00 X 0 0 0 SEAN FIELER TRUSTEE 1.00 X 0 0 0 CARLOS E FONTS SR TRUSTEE 1.00 X 0 0 0 JOHN K GARVEY TRUSTEE 1.00 X 0 0 0 HEIDI LEBARON LEUPP TRUSTEE 1.00 X 0 0 0 MICHAEL MAIBACH TRUSTEE 1.00 X 0 0 0 DR LONG NGUYEN TRUSTEE 1.00 X 0 0 0 BRIG GEN JACK NICHOLSON US ARMY-RET TRUSTEE 1.00 X 0 0 0 GEN RAYMOND T ODIERNO US ARMY-RET TRUSTEE 1.00 X 0 0 0 HON EDWARD F REILLY JR TRUSTEE 1.00 X 0 0 0 HON PETER SCHAUMBER TRUSTEE 1.00 X 0 0 0 WILLIAM SHAW TRUSTEE 1.00 X 0 0 0 DONALD V SMITH TRUSTEE 1.00 X 0 0 0 HON WILLIAM H WEBSTER TRUSTEE 1.00 X 0 0 0 JACQUELINE T WIELAND TRUSTEE 1.00 X 0 0 0 LUANNE ZURLO TRUSTEE 1.00 X 0 0 0 ARIANE SWEENEY DIRECTOR OF ADVANCEMENT 40.00 X 166807 0 28184 AMB ALDONA Z WOS MD PRESIDENT 40.00 X 164905 0 1875 JOHN BERGHOLZ VP OF INSTITUTIONAL ADVANCEMENT 40.00 X 153470 0 35325 CHRISTINE BALLING DIRECTOR OF PROFESSIONAL AFFILIATIONS 40.00 X 152116 0 15488 JASON JOHNSRUD DEAN OF STUDENTS 40.00 X 113813 0 38263 TIM STEBBINS DIRECTOR OF RECRUITING 40.00 X 131124 0 13894 CHRIS GLASS EXECUTIVE VP 40.00 X 167570 0 7313 JAMES ROBBINS ACADEMIC DEAN 40.00 X 177633 0 9675 MAREK CHODAKIEWICZ PROFESSOR 40.00 X 180163 0 36157 MATTHEW DANIELS PROFESSOR 40.00 X 168443 0 27724 DAVID THOMAS PROFESSOR 40.00 X 169610 0 0 S J TSAGRONIS PROFESSOR 40.00 X 180738 0 29859 CHRISTOPHER HARMON PROFESSOR 40.00 X 155271 0 7295 JAMES ANDERSON FORMER OFFICER 40.00 X 144146 0 1574 2469664 0 272536 17 1 1 0 YOUR PART TIME CONTROLLER PO BOX 1209 MOUNT LAUREL NJ 08054 ACCOUNTING 200837 BLACKWELL CONSULTING 2506 EATON ROAD WILMINGTON DE 19810 HUMAN RESOURCES 117000 DIVERSA GROUP 25245 FIVE MILLS ROAD REDFORD MI 48329 CAREER PLACEMENT 105600 3 766407 8164828 8931235 TUITION FEES 611310 3126670 3126670 STUDENT FEES 611710 240822 240822 3367492 103014 103014 65345 60273 5072 5072 5072 2647929 2620491 5027 27438 -5027 22411 22411 INSURANCE REFUND 900099 61850 61850 OTHER INCOME 611310 37532 37532 99382 12528606 3367492 0 229879 1052659 1052659 1816695 1222691 441889 152115 3809768 2569422 933951 306395 113088 68118 32891 12079 330574 236852 49179 44543 414929 288619 94138 32172 32395 32395 200297 200297 17215 17215 558223 180983 258419 118821 540592 532646 4496 3450 427851 205455 160170 62226 151524 76105 72514 2905 409735 109673 283092 16970 156277 82818 16993 56466 380998 114079 199757 67162 182307 114853 47400 20054 341902 213005 96416 32481 89054 38803 44443 5808 PUBLICATIONS & SUBSCRIP 151316 138787 9802 2727 OTHER EXPENSES 90844 48985 29063 12796 DUES 19548 7664 10029 1855 11287791 7302217 3034549 951025 168 201 7033793 4047220 1265733 4389429 197874 272462 158299 350555 12125597 2343660 9593946 9781937 2677778 2969587 414468 1039401 21342059 22850792 213353 369525 2216 368 6987604 6850906 1160752 788430 8363925 8009229 X 7403517 6557673 5574617 8283890 12978134 14841563 21342059 22850792 X 1240815 33286 589328 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 3163713 5610 98432 107673 3160082 3698062 115411 -507411 142349 3163713 2929662 44972 873148 149720 3698062 2713785 10000 363345 157468 2929662 1686531 1245635 -2998 215383 2713785 0.15100 0.76940 0.07960 0 0 2060000 2060000 8521598 1473520 7048078 363832 25310 338522 364824 204805 160019 815343 640025 175318 9781937 ANNUITY OBLIGATION 70669 CAPITAL LEASE OBLIGATION 38978 REFUNDABLE ADVANCES 678783 788430 X 11557318 33286 -1052659 -1019373 12576691 17215 -65300 -48085 12528606 10283217 65300 65300 10217917 17215 1052659 1069874 11287791 PART III, LINE 4: IN JUNE 2002, THE INSTITUTE RECEIVED THE GIFT OF THE EXTRAORDINARY PRIVATE LIBRARY OF WILLIAM J. CASEY, THE LATE DIRECTOR OF CENTRAL INTELLIGENCE. THE LIBRARY CURRENTLY CONTAINS MORE THAN 30,000 VOLUMES, INCLUDING THOUSANDS OF RARE AND OUT OF PRINT NATIONAL SECURITY BOOKS. PART V, LINE 4: THE INSTITUTE'S ENDOWMENT IS USED TO FUND EDUCATIONAL PROGRAMS RUN BY THE INSTITUTE, AS WELL AS TO COVER THE DAY-TO-DAY EXPENSES OF OPERATION. PART X, LINE 2: MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST TUITION REVENUE ON FINANCIAL STATEMENT -1,052,659. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES RECORDED ON PART VIII, LINE 6B -60,273. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT RECORDED ON PART VIII, LINE 7C -5,027. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES RECORDED ON PART VIII, LINE 6B 60,273. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT RECORDED ON PART VIII, LINE 7C 5,027. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST TUITION REVENUE ON FINANCIAL STATEMENT 1,052,659. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE INSTITUTE PUBLISHES ITS NON-DISCRIMINATORY POLICY ON ITS WEBSITE AND IN ITS STUDENT CATALOG & STUDENT HANDBOOK (THE TWO ITEMS ARE COMBINED IN ONE PRINTED DOCUMENT) THE CATALOG/HANDBOOK APPEARS ON THE IWP WEBSITE IN PDF FORM AND THE FULL STATEMENT APPEARS ON THE ADMISSION PAGE OF THE WEBSITE AT HTTPS://WWW.IWP.EDU/CURRENT-STUDENTS/STUDENT-LIFE/NON-DISCRIMINATION-POLICY SCHEDULE E, PART I, LINE 6 THE INSTITUTE PARTICIPATES IN A FEDERAL STUDENT LOAN PROGRAM WITH THE DEPARTMENT OF EDUCATION. IN FISCAL YEAR 2023, THE INSTITUTE RECEIVED $1,708,740 IN STUDENT FINANCIAL ASSISTANCE. THIS AMOUNT IS USED TO FUND STUDENT TUITION AND REPRESENTS A FLOW-THROUGH THAT DOES NOT IMPACT THE INSTITUTES INCOME STATEMENT. 1 SCHOLARSHIPS 107 1052659 PART I, LINE 2: THE INSTITUTE OFFERS SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE INSTITUTE. THESE SCHOLARSHIPS ARE OFFERED AS DIRECT REDUCTIONS TO TUITION COSTS AND NO FUNDS ARE REMITTED TO THE STUDENTS. SINCE THE STUDENT MAY NOT EXERCISE ANY PERSONAL DISCRETION AS TO HOW THE FUNDS ARE APPLIED, THE INSTITUTE IS NOT REQUIRED TO MONITOR THE USE OF THE FUNDS. RESEARCH FELLOWS ARE CHOSEN BASED ON THE QUALIFICATIONS IN THE AREA OF RESEARCH DETERMINED BY THE DIRECTOR OF THE CENTER FOR CULTURE AND SECURITY. GRANTS ARE AWARDED BASED ON GRANT BUDGETS AND FUNDING AVAILABILITY. ONCE GRANTS ARE AWARDED, FUNDS ARE SPENT AT THE FELLOW'S DISCRETION. PERIODIC UPDATES ARE REQUIRED AS DETERMINED BY THE GRANT AGREEMENT THAT STIPULATE OUTCOMES AND DELIVERABLES. ACADEMIC FELLOWS AND STUDENTS REQUESTING SCHOLARSHIPS APPLY TO IWP, AND ARE AWARDED FELLOWSHIPS AND SCHOLARSHIPS BY THE FINANCIAL AID COMMITTEE. X 1 1 X X 0 0 0 0 0 0 0 0 0 DR JOHN LENCZOWSKI CHANCELLOR AND PRESIDENT EMERITUS 241074 0 0 0 2781 0 12375 0 8609 0 264839 0 0 0 MAREK CHODAKIEWICZ PROFESSOR 178579 0 0 0 1584 0 1200 0 36031 0 217394 0 0 0 S J TSAGRONIS PROFESSOR 179154 0 0 0 1584 0 9395 0 21539 0 211672 0 0 0 MATTHEW DANIELS PROFESSOR 167411 0 0 0 1032 0 8750 0 20048 0 197241 0 0 0 ARIANE SWEENEY DIRECTOR OF ADVANCEMENT 166033 0 0 0 774 0 8125 0 20954 0 195886 0 0 0 JOHN BERGHOLZ VP OF INSTITUTIONAL ADVANCEMENT 151886 0 0 0 1584 0 8250 0 28149 0 189869 0 0 0 JAMES ROBBINS ACADEMIC DEAN 176445 0 0 0 1188 0 8478 0 2271 0 188382 0 0 0 CHRIS GLASS EXECUTIVE VP 166250 0 0 0 1320 0 7313 0 1074 0 175957 0 0 0 DAVID THOMAS PROFESSOR 169610 0 0 0 0 0 0 0 0 0 169610 0 0 0 CHRISTINE BALLING DIRECTOR OF PROFESSIONAL AFFILIATION 151702 0 0 0 414 0 7292 0 9271 0 168679 0 0 0 AMB ALDONA Z WOS MD PRESIDENT 162619 0 0 0 2286 0 1875 0 561 0 167341 0 0 0 CHRISTOPHER HARMON PROFESSOR 154255 0 0 0 1016 0 6688 0 1682 0 163641 0 0 0 JASON JOHNSRUD DEAN OF STUDENTS 113330 0 0 0 483 0 5854 0 33353 0 153020 0 0 0 JAMES ANDERSON FORMER OFFICER 143974 0 0 0 172 0 1574 0 265 0 145985 0 0 0 PART I, LINE 1A JOHN BERGHOLZ, VP OF INSTITUTIONAL ADVANCEMENT RESIDES IN CHICAGO, ILLINOIS. IWP PAYS QUARTERLY DUES FOR THE UNION LEAGUE CLUB OF CHICAGO. IWP CONDUCTS MEETINGS THERE. IWP PAID NON-TAXABLE DUES IN THE AMOUNT OF $570. A DC REVENUE BONDS SERIES 2016 (2022 REISSUANCE) 536001131 2022-03-30 7200000 TO REFINANCE BOND SERIES 2016 USED TO FUND THE ACQUISITION OF THE CAMPUS 0 0 0 A 192000 7200000 128023 7071977 2022 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 1 1 PINNACLE BANK 15.000000000000 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. THE FORM 990 WAS CIRCULATED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING FOR COMMENT AND APPROVAL. ONCE APPROVED, THE FORM 990 WAS ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE OF WORLD POLITICS HAS A CONFLICT OF INTEREST POLICY IN PLACE. EVERY EMPLOYEE OF THE INSTITUTE IS REQUIRED TO COMPLY WITH THE REQUIREMENTS OF THE CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS, ALL EMPLOYEES (INCLUDING OFFICERS, DIRECTORS AND KEY EMPLOYEES) ARE REQUIRED TO DISCLOSE ANY BUSINESS TRANSACTIONS WITH EITHER THE INSTITUTE OR WITH ANOTHER INSTITUTE EMPLOYEE. THIS POLICY OF DISCLOSURE ALSO EXTENDS TO FAMILY MEMBERS OF INSTITUTE EMPLOYEES. THE INSTITUTE EXERCISES DUE DILIGENCE WITH RESPECT TO ALL CONFLICT OF INTEREST DISCLOSURE. TO THE EXTENT ANY CONFLICT IS DISCOVERED, THE MATTER IS ADDRESSED IMMEDIATELY BY THE APPROPRIATE INSTITUTE DEPARTMENT. NO CONFLICTS WERE DISCOVERED IN THE YEAR ENDING JULY 31, 2023. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES DETERMINES THE PRESIDENT'S COMPENSATION, USUALLY IN EXECUTIVE SESSION AT ONE OF THE REGULAR SPRING OR FALL BOARD MEETINGS. AT THESE MEETINGS, THE TRUSTEES REVIEW AND DISCUSS THE PRESIDENT'S PERFORMANCE AND ANNUAL COMPENSATION. A FORMAL PROCESS WAS PUT IN PLACE ESTABLISHING AN EMPLOYMENT AGREEMENT. THE SALARY SHALL BE REVIEWED EVERY TWO YEARS AND ADJUSTED AS DETERMINED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD OF TRUSTEES. THIS PROCESS HAS NOT BEEN AN ANNUAL PROCESS, BUT THE INSTITUTE IS LOOKING TO IMPLEMENT A FORMAL PROCESS THAT IS CONSISTENT AND DOCUMENTED IN THE APPROPRIATE BOARD MINUTES. THE EMPLOYMENT AGREEMENT SHALL EXPIRE ON JULY 31, 2024. WITHIN THE CONTEXT OF AN APPROVED BUDGET, THE PRESIDENT REVIEWS AND APPROVES THE COMPENSATION OF THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, THE VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT, AND THE DEAN OF ACADEMIC AFFAIRS. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: UNREALIZED GAIN (LOSS) ON INTEREST RATE SWAPS 589,328. FORM 990, PART XIII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR.