2023-04-14T16:16:01-05:00 2022-05-31 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2021-06-01 473666460 World Leaders Forum Inc WORL 8476952500 1151 N State Street Elgin IL 60123 Dr Gene Crume Secretary/Treasurer 8476952500 2023-04-14 1 Dr Gene Crume 999009999 Daren Daiga P01074795 5055022746 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Dr Gene Crume 1151 N State Street Elgin IL 60123 439183 0 X www.judson.edu/wlf X 2014 IL To educate and invest in future leaders and to inspire greatness and change. 9 9 0 9 0 0 326420 235254 0 0 0 0 6165 203929 332585 439183 11296 200000 0 0 0 0 0 0 24807 91580 209623 102876 409623 229709 29560 556791 270351 316000 0 240791 270351 X The purpose of the World Leaders Forum is to educate and invest in tomorrow's business leaders; build greatness in the lives of students; and inspire change and create a legacy. 0 0 372747 200000 5563 The World Leaders Forum hosts annual events to generate support for scholarships within two unique programs at Judson University: the Roeser Scholars program which is focused on leadership development and the RISE program which provides students with intellectual disabilities the college experience. The World Leaders Forum also supports other nonprofits in the Chicago area and nationally as well as entrepreneurial and innovative initiatives that benefit students, the community and other partners of the World Leaders Forum.Since 2015, 45 scholarships have been awarded to students to receive financial support for their undergraduate academic career at Judson. Over 1000 students have been empowered by attending and hearing from a global leader.These annual World Leaders Forum events add to the quality of life in Elgin, the Fox River Valley and our region, by bringing internationally acclaimed speakers. These events have provided an opportunity for over 5,000 community members to hear from these prominent leaders and help promote the area throughout Chicago and across the nation.Past speakers have included George W. Bush, Mikhail Gorbachev, Tony Blair, Condoleezza Rice, Felipe Calderon, Newt Gingrich, Howard Dean, Queen Noor of Jordan, Caroline Kennedy and General David Petraeus in November 2021. A new series was introduced in 2019 "Conversations with Mark Vargas" which brings successful business leaders and entrepreneurs to campus. The inaugural guest was Dallas Mavericks owner, Mark Cuban. 372747 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 IL X Sarah Taylor 8476952500 1151 N State Street Elgin IL 60123 X Mark Vargas President 2.00 X X 0 0 0 Merrie Meadows Vice President 2.00 X X 0 0 0 Dr Gene Crume Secretary/Treasurer 2.00 X X 0 0 0 Fran Houlihan Board Member 2.00 X 0 0 0 AJ Patton Board Member 2.00 X 0 0 0 Jacqueline Ruiz Board Member 2.00 X 0 0 0 Austin Rabine Board Member 2.00 X 0 0 0 Tim Schofield Board Member 2.00 X 0 0 0 Michael Dutton Board Member 2.00 X 0 0 0 0 0 0 0 0 0 0 0 10000 225254 235254 Loan forgiveness 900099 198366 198366 5563 5563 203929 439183 5563 0 198366 X 200000 200000 5158 5158 106632 106632 24807 24807 1561 1561 7859 7859 12310 12310 Event expense 48647 48647 Board/trustee expenses 2649 2649 409623 372747 12069 24807 356791 270351 0 200000 556791 270351 191000 125000 0 316000 0 X 240791 270351 240791 270351 556791 270351 29560 0 X 0 1 X 1 0 X 200100 101720 289312 326420 433620 1351172 200100 101720 289312 326420 433620 1351172 322416 1028756 4641 6165 5563 16369 1367541 166929 0.75230 0.64070 X Schedule A, Part II, Line 10, Explanation of Other Income: Misc income - 2019 Amount: $ 4,641. 2020 Amount: $ 6,165. 2021 Amount: $ 5,563. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 Judson University 1151 N State Street Elgin IL 60123 362515868 501(c)(3) 200000 0 Judson Leadership Scholarships 1 0 Part I, Line 2: Grants are made to an affiliated organization which shares information regarding finances, shared personnel and WLF student scholars. Form 990, Part VI, Section A, line 8b The organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered "no" in accordance with the instructions. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Officers, trustees, and key employees of World Leaders Forum are required to complete a conflict of interest/related party questionnaire each year. The President reviews the signed statements. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The organization does not compensate any officers or key employees. Therefore, these lines were answered "no" in accordance with the instructions. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part IX, line 11g Consultants: Program service expenses 32,265. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,265. Honoraria: Program service expenses 50,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,000. Other Professional Fees: Program service expenses 24,367. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,367.