WORLD LEADERS FORUM INC: Form 990EZ, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- WORLD LEADERS FORUM INC (EIN 47-3666460)
- Tax period
- 2018-06-01 to 2019-05-31
- Filed
- 2020-04-15
- IRS object ID
- 202041069349200614
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-04-15T14:45:00-05:00 | ReturnTs |
| Tax Period End | 2019-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Shuman Blvd Suite 300 | AddressLine1Txt |
| City | Naperville | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60563 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2018-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473666460 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | World Leaders Forum Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WORL | BusinessNameControlTxt |
| Phone | 8476952500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 North State Street | AddressLine1Txt |
| City | Elgin | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60123 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dr Gene Crume | PersonNm |
| Person Title | Secretary/Treasurer | PersonTitleTxt |
| Phone | 8476952500 | PhoneNum |
| Signature | 2020-04-15 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Ted R Batson Jr | PreparerPersonNm |
| PTIN | P00721951 | PTIN |
| Phone | 6306829797 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 139.146.132.42 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-04-15 | IPDt |
| IP Tm | 15:44:53 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B192CC0D102847318814F28D1D78F3A4F74CC717 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EEEC1770470EBEEDEC9A52D4293FC3DE0E4CD0A0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-11-19 02:30:22Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | www.judson.edu/wlf | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $159,571 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $101,720 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $57,851 | ProgramServiceRevenueAmt |
| Total Revenue | $159,571 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $4,212 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $10 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $133,559 | OtherExpensesTotalAmt |
| Total Expenses | $137,781 | TotalExpensesAmt |
| Excess Or Deficit For Year | $21,790 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $14,084 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $35,874 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,084 | BOYAmt |
| EOY | $35,874 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,084 | BOYAmt |
| EOY | $35,874 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,084 | BOYAmt |
| EOY | $35,874 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | 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. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | World Leaders Forum hosts annual events to generate support for Judson Leadership Scholarships for students to attend Judson University. Funds also support entrepreneurial initiatives and on-going World Leaders Forum operations. Judson University is a Christian college located in Elgin, Illinois. The University's entrepreneurial studies program is part of the University's MBA program. The annual World Leaders Forum events add to the quality of life in Elgin and the Fox River Valley by bringing in internationally recognized speakers. These events provide an opportunity for community members to see and hear from these leaders in person and promote the area throughout Chicago and across the nation.Each spring, World Leaders Forum brings in acclaimed world leaders for its annual event. Past speakers have included George W. Bush, Mikhail Gorbachev, Tony Blair, Condoleezza Rice, Felipe Calderon, Newt Gingrich, Howard Dean and Queen Noor of Jordan. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $0 | GrantsAndAllocationsAmt |
| Program Service Expenses | $120,836 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $120,836 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Terri Greeno | ||||
| President | 2.00 | $0 | $0 | $0 |
| Merrie Meadows | ||||
| Vice President | 2.00 | $0 | $0 | $0 |
| Dr Gene Crume | ||||
| Secretary/Treasurer | 2.00 | $0 | $0 | $0 |
| Fran Houlihan | ||||
| Board Member | 2.00 | $0 | $0 | $0 |
| AJ Patton | ||||
| Board Member | 2.00 | $0 | $0 | $0 |
| Tim Winters | ||||
| Board Member (part year) | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sarah Taylor | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 North State Street | AddressLine1Txt |
| City | Elgin | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60123 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8476952500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| School Operating | 0 | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (1) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $301,020 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $261,707 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,765 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $200,100 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $101,720 | CurrentTaxYearAmt |
| Total | $897,312 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $301,020 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $261,707 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,765 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $200,100 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $101,720 | CurrentTaxYearAmt |
| Total | $897,312 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $161,041 | SubstantialContributorsTotAmt |
| Public Support Total170 | $736,271 | PublicSupportTotal170Amt |
| Total Support | $897,312 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $218,781 | GrossReceiptsRltdActivitiesAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Columns (a) - (e): | FormAndLineReferenceDesc |
| Explanation | Per the instructions public support is measured using a 5-year computation period that includes the current and four prior tax years (including short years). The organization had a short year in 2015. The below chart clarifies the information represented in Schedule A, Part II: Column (a) - 3 month period ending 5/31/15 Column (b) - Fiscal year ending 5/31/16 Column (c) - Fiscal year ending 5/31/17 Column (d) - Fiscal year ending 5/31/18 Column (e) - Fiscal year ending 5/31/19 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990-EZ, Part I, Line 16 - Other Expenses | Description: Consulting fees. Amount: 21,596. Description: Honoraria. Amount: 76,527. Description: Other fees. Amount: 2,409. Description: Advertising. Amount: 12,060. Description: Office expense. Amount: 4,885. Description: Event expense. Amount: 8,709. Description: Scholar expense. Amount: 7,373. Total to Form 990-EZ, line 16: 133,559. |
| Form 990-EZ, Part II, Line 26 - Other Liabilities | Description: Due to Judson University. Beg. of Year Amount: 132,000. End of Year Amount: 0. |