2020-03-05T16:36:52-06:00 2019-12-31 390758449 WIPFLI LLP 100 TRI-STATE INTERNATIONAL STE 300 LINCOLNSHIRE IL 60069 990 2019-01-01 205095136 FUTURE LEADERS OF AMERICA FOUNDATION INC FUTU 8009946752 320 W OHIO STREET NO 4W CHICAGO IL 60654 RICHARD DUFFY CHAIRMAN 8009946752 2020-03-03 1 RICHARD D SPIEGEL CPA P01371436 8479410100 2020-03-03 12.96.30.195 2020-03-03 12:03:44 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 450C246D7A6E497C20D4ED9D1414DF4409818E50 2019 2021-01-29 14:40:06Z NATIONAL STUDENT LEADERSHIP FND RICHARD DUFFY 320 W OHIO STREET NO 4W CHICAGO IL 60654 33600364 0 X WWW.NSLCLEADERS.ORG X 2006 IL TO PROVIDE SUMMER EDUCATIONAL PROGRAMS FOR HIGH SCHOOL STUDENTS. 5 4 0 4 0 0 0 0 29788347 33600364 0 0 0 0 29788347 33600364 1337355 1273983 0 0 0 0 0 0 0 28450992 32326381 29788347 33600364 0 0 27932 27932 0 0 27932 27932 TO PROVIDE SUMMER EDUCATIONAL PROGRAMS FOR HIGH SCHOOL STUDENTS WHICH ENCOURAGE STUDENTS TO EXPLORE THEIR ACADEMIC AND CAREER INTERESTS WHILE DEVELOPING LEADERSHIP SKILLS ESSENTIAL FOR THEIR SUCCESS. 0 0 28365382 727210 32903243 SUMMER EDUCATIONAL PROGRAMS THAT PROVIDE STUDENTS WITH THE OPPORTUNITY TO EXPERIENCE LIFE ON A COLLEGE CAMPUS, DEVELOP ESSENTIAL LEADERSHIP SKILLS, AND EXPLORE A FUTURE CAREER THROUGH EXCITING SIMULATIONS, EXCLUSIVE SITE VISITS AND INTERACTIVE MEETINGS WITH RENOWNED LEADERS IN THEIR CHOSEN FIELD. 286773 286773 0 THE FOUNDATION AWARDS GRANTS TO PUBLICLY SUPPORTED CHARITABLE AND EDUCATIONAL I.R.C. SECTION 501(C)(3) ORGANIZATIONS TO SUPPORT THEIR MISSION. 260000 260000 0 THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS WHO ARE AN ALUMNI TO THE NSLF PROGRAMS AND ARE ALSO AN INCOMING FRESHMEN TO A UNIVERSITY THAT SPONSORS NSLF PROGRAMS. 28912155 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 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 583 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 IL X X MICHAEL CLEARY 8009946752 320 W OHIO ST SUITE 4W CHICAGO IL 60654 X MICHAEL ADAMS DIRECTOR 0.30 X 0 0 0 CHRIS EISENHARDT DIRECTOR 0.30 X 0 0 0 RICHARD DUFFY CHAIRMAN 2.00 X X 0 0 0 MICHAEL BENNETT SECRETARY 0.30 X X 0 0 0 STEPHEN MCGUE TREASURER 0.30 X X 0 0 0 0 0 0 0 0 0 0 FUTURE LEADERS OF AMERICA INC 320 W OHIO ST 4W CHICAGO IL 60654 MANAGEMENT FEE 5437800 AMERICAN UNIVERSITY 4400 MASSACHUSETTS AVE NW WASHINGTON DC 20016 HOSTING CAMPS 2571093 AMERICAN EXPRESS BOX 0001 LOS ANGELES CA 90096 PROGRAMMING FEES 2316109 YALE CONFERENCES & EVENTS 55 WHITNEY AVE 400 NEW HAVEN CT 06510 HOSTING CAMPS 1878276 STM DRIVEN 1203 W RIDGEWAY AVE WATERLOO IA 50701 BUSING 1159643 33 TUITION INCOME 611710 32903243 32903243 TRIP INSURANCE 900099 423957 423957 TRANSPORTATION 480000 266274 266274 LOST KEYS AND EARLY/LATE ARRIVAL 900099 6800 6800 PARKING 900099 90 90 33600364 33600364 32903243 0 697121 286773 286773 987210 987210 5437800 4078350 1359450 1625168 1625168 134835 134835 2395521 2395521 6079635 6079635 7546685 7546685 458139 458139 270176 270176 MEALS - STUDENTS 2891408 2891408 FIELD TRIPS 2005098 2005098 PROGRAM MATERIALS 1221408 1221408 CREDIT CARD SERVICES 779052 779052 1481456 1462105 19351 33600364 28912155 4688209 0 2697 27932 25235 0 27932 27932 0 0 X 27932 27932 27932 27932 27932 27932 0 0 X X 0 1 X 1 0 X 20372299 24638776 29254816 29788347 32873154 136927392 20372299 24638776 29254816 29788347 32873154 136927392 0 0 0 136927392 6653 24 0 0 0 6677 6653 24 6677 20378952 24638800 29254816 29788347 32873154 136934069 1.00000 0.99990 0.00000 0.00010 X 0 32873154 0 32873154 727210 727210 33600364 32873154 0 32873154 727210 727210 33600364 PART XI - LINE 4B STUDENTS ARE AWARDED SCHOLARSHIPS TO EDUCATIONAL PROGRAMS IN AMOUNTS RANGING FROM $250 TO FULL TUITION. THE AMOUNT OF THE SCHOLARSHIPS ARE ADDED TO REVENUES AND EXPENSES FOR FORM 990 BUT ARE NOT INCLUDED IN THE FINANCIAL STATEMENTS AS EITHER REVEUNES OR EXPENDITURES. PART XII - LINE 4B SEE EXPLANATION FOR PART XI- LINE 4B 1 THE GLOBAL HEALTH INITIATIVE - NORTHWESTERN UNIVERSITY MEDICAL SCHOOL 676 ST CLAIRE STE 2300 CHICAGO IL 60611 364724966 501(C)(3) 200000 GENERAL PROGRAM SUPPORT URBAN INITIATIVES INC 650 W LAKE STREET STE 340 CHICAGO IL 60661 830367521 501(C)(3) 13000 GENERAL PROGRAM SUPPORT STATE UNIVERSITY OF IOWA FOUNDATION PO BOX 4550 IOWA CITY IA 52244 420796760 501(C)(3) 5000 GENERAL PROGRAM SUPPORT THE VALLEY HOSPITAL FOUNDATION INC 223 NORTH VAN DIEN AVENUE RIDGEWOOD NJ 07450 222324554 501(C)(3) 5000 GENERAL PROGRAM SUPPORT UNIVERSITY OF MINNESOTA FOUNDATION 200 OAK STREET SE STE 500 MINNEAPOLIS MN 55455 416042488 501(C)(3) 5000 GENERAL PROGRAM SUPPORT UNIVERSITY OF NOTRE DAME CLUB OF CHICAGO 224 S MICHIGAN AVENUE CHICAGO IL 60604 362385194 501(C)(3) 5000 GENERAL PROGRAM SUPPORT SCHOLARSHIPS FOR EDUCATIONAL PROGRAMS 1122 727210 SCHOLARSHIPS FOR ALUMNI 39 260000 FUTURE LEADERS OF AMERICA INC 35%+ OWNED BY ONE OFFICER/DIRECTOR 5437800 MANAGEMENT FEES 0 FUTURE LEADERS OF AMERICA INC 35%+ OWNED BY ONE OFFICER/DIRECTOR 6079635 ROYALTIES 0 FORM 990, PART VI, SECTION A, LINE 3 FUTURE LEADERS OF AMERICA FOUNDATION, INC. HAS A CONTRACTUAL RELATIONSHIP WITH FUTURE LEADERS OF AMERICA, INC. (FLA) WHERE FLA AGREES TO PROVIDE MANAGEMENT SERVICES SUCH AS PROGRAMS SERVICES, PREPARATION OF THE ANNUAL BUDGET, GENERAL ADMINISTRATION, CLERICAL SERVICES AND SUPPORT, AND ACCOUNTING AND FINANCIAL SERVICES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS GIVEN TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. EACH MEMBER OF THE BOARD OF DIRECTORS INDIVIDUALLY REVIEWS THE FORM 990 AND PROVIDES FEEDBACK TO THE TAX RETURN PREPARER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAIL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XII, LINE 1 FUTURE LEADERS OF AMERICA FOUNDATION, INC. USES THE MODIFIED BASIS OF ACCOUNTING. ASSETS, LIABILITIES, NET ASSETS, REVENUES AND EXPENDITURES ARE RECOGNIZED WHEN THEY RESULT FROM CASH TRANSACTIONS. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES TO THE AUDIT SELECTION PROCESS FROM THE PRIOR YEAR.