2015-03-12T09:53:12-05:00 2014-07-31 GRANT THORNTON LLP 757 THIRD AVE 2ND FLOOR NEW YORK NY 100172013 990 2013-08-01 521699641 The Institute of World Politics % ELAINE PINDER INST 2024622101 1521 16th street nw Suite washington DC 20036 Elaine Pinder CFO 2024622101 2015-03-12 true DANIEL ROMANO P00504182 2024622101 2013 2016-04-25 22:37:26Z DR JOHN LENCZOWSKI 1521 16TH STREET NW WASHINGTON DC 20036 7461182 false X www.iwp.edu X 1990 DC A graduate school of national security and int'l affairs, dedicated to developing leaders with a sound understanding of int'l realities & the ethical conduct of statecraft. 15 15 64 24 0 1354140 1718145 3740540 3598991 332110 534539 33202 30141 5459992 5881816 655590 616300 0 0 3315789 2993971 0 0 434510 2039488 2161877 6010867 5772148 -550875 109668 5168306 5455031 1186422 1348399 3981884 4106632 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 PRINCIPLES OF THE AMERICAN POLITICAL ECONOMY AND THE WESTERN MORAL TRADITION. false false 2434202 616300 3598991 The Institute offers three M.A. degrees in its Master's Degree Program, eight Certificates of Graduate Study, 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 political and diplomatic history. 1064739 0 0 The Institute has a program of educational and occupational counseling for its 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. 275025 0 0 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. 3773966 true true false false false false false true false true true false false true true true true false true false false false false false false false false false true true false false false true false false false false false false false false false false false false false true 27 0 true 64 true false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true false true false false AL AK AR CA CO CT DC FL GA IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X ELAINE PINDER 2024622101 1521 16TH STREET NW washington DC 20036 ABBY MOFFAT Trustee (thru 08/2013) 1.0 X 0 0 0 ALDONA WOS Trustee 1.0 X JOHN LOVEWELL vice chairman 1.0 X X COLIN MCINTOSH TRUSTEE 1.0 X OWEN SMITH CHAIRMAN 1.0 X X Paul Behrends Trustee (thru 10/2013) 1.0 X 0 0 0 carlos fonts trustee 1.0 X hon Edward Reilly Jr Trustee 1.0 X Francis Ryan trustee 1.0 X Peter Schaumber Trustee 1.0 X Barry Sullivan trustee 1.0 X General Jack Nicholson Trustee 1.0 X Hon Tidal McCoy secretary/treasurer 1.0 X X Joseph A Reyes Trustee 1.0 X Admiral Dave Rogers Trustee 1.0 X John lenczowski President 40.0 X X 196634 23305 Hon William H Webster trustee 1.0 X Larry Cosgriff trustee 1.0 X elaine j pinder CFO 40.0 X 126251 12061 Noah C Rudolph Executive Vice President 40.0 X 147138 18891 joseph r wood professor 40.0 X 141318 1704 s john tsagronis professor 40.0 X 126542 21198 John J Tierney Jr Professor 40.0 X 137412 9804 marek chodakiewicz professor 40.0 X 116678 7769 David A Glancy Professor 40.0 X 120278 6551 1112251 0 101283 9 false true false Your Part Time Controller 1500 Walnut St Ste 1200 PHILADELPHIA PA 19102 bookkeeping & acctg 185529 Case Consulting Services Inc 9912 Georgetown Pk Ste 202c GREAT FALLS VA 22066 Development Support 147787 e-Resources LLC 7 East Silver springs Blvd Ste 202 OCALA FL 34470 IT Support 144680 3 1718145 1718145 TUITION FEES 900099 3513381 3513381 STUDENT FEES 611710 85610 85610 3598991 73249 73249 0 0 0 0 0 2040656 1579366 461290 461290 461290 0 0 0 MISCELLANEOUS 900099 30141 30141 30141 5881816 3598991 564680 0 616300 616300 0 0 533239 533239 0 2077922 1849155 126794 101973 22811 18533 2124 2154 164299 135883 14798 13618 195700 141809 46998 6893 0 46209 42879 3330 287870 287870 0 0 18137 18137 373903 139991 76981 156931 37994 37032 660 302 192669 118271 52649 21749 38214 13972 22432 1810 0 540223 349697 131368 59158 124093 89807 11967 22319 0 118965 68473 33308 17184 46166 46166 0 89694 58264 21570 9860 40138 24458 11541 4139 PUBLICATIONS & SUBSCRIPTIONS 78382 77317 1004 61 PRINTING 19680 11479 447 7754 DUES 19349 4914 12663 1772 MISCELLANEOUS 90191 18611 68077 3503 5772148 3773966 1563672 434510 0 0 672046 1285068 0 256775 256490 376909 18000 18000 0 0 0 0 0 0 66999 68312 401271 177318 177319 223953 3429148 2909089 0 0 0 0 0 0 548304 316925 5168306 5455031 271549 220305 0 0 94011 34197 0 0 0 0 0 0 701199 986199 0 0 119663 107698 1186422 1348399 X 1970271 2187093 535693 424134 1475920 1495405 3981884 4106632 5168306 5455031 109668 15080 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 3936174 19485 525314 792753 3688220 3752351 1500 633986 451663 3936174 3167682 521050 116697 53078 3752351 3086070 27550 404062 350000 3167682 2749185 52710 284400 225 3086070 0.58500 0.40545 0.00955 false false 7593 7593 195687 177318 18369 197991 197991 223953 WEBSITE DEVELOPMENT 80483 DEFERRED RENT RECEIVABLE 22276 SECURITY DEPOSIT 3768 INTEREST IN SPLIT - INT. AGMT. 210398 316925 0 CHARITABLE GIFT ANNUITY 107698 107698 X 5546081 15080 265485 -616300 -335735 5881816 5881816 5421333 265485 265485 5155848 616300 616300 5772148 Collections of Art, Historical Treasures & Other Similar Assets Part III, Line 1a The Institute maintains a library of books, periodicals and government documents which are not reflected as assets on the financial statements. Purchases are reflected as an expense in the year acquired. The Institute received no significant non-cash donations to the library during the years ended July 31, 2014 and 2013. Part III, Line 4 The Institute's collection of scholarly books, periodicals and government documents are used by matriculating students to understand the workings of government and to learn statesmanship, governance and public policy. These documents help facilitate the learning process and are an integral part of the Institute's educational mission. Endowments 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. Fin 48 Part X, line 2 The income taxes topic number 740, "Income Taxes" of the FASB Accounting Standards Codification establishes criterion that an individual tax position must meet for some or all the benefits of that position to be recognized in an entity's financial statements. This criterion was adopted by the Institute on August 1, 2009, and had no impact on the Institute's financial statements. The tax years ended 2011, 2012, 2013 and 2014 remain open to audit for both federal and District of Columbia purposes. The Institute has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions. Schedule D, Part XI, Line 2(d) & Part XII, Line 4(b) Scholarship and tuition discounts netted against revenue on the audited financial statements, but reclassed to Part IX, Line 2 - $616,300 true true true true true true true false false false false false false false false true false true Schedule E - Schools Part I, Line 3 The institute publishes its non-disriminatory 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: http://www.iwp.edu/prospective_students/page/admissions-policies part I, Line 6a The institute participates in a federal student loan program with the united states department of education. in fiscal year 2014, the institute received $2,077,756 in student financial assistance funding. this amount is used to fund student tuition and represents a flow-through that does not impact the institute's income statement. true Scholarships 54 616300 Schedule I, Line 1 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 fellows 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 false false false false false false false false false John lenczowski President 196634 7292 16013 219939 Noah C Rudolph Executive Vice President 147138 6250 12641 166029 Michael Waller employee Personal Loan X 18000 18000 false false false 18000 review of form 990 PART VI, LINE 11 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. monitoring and enforcement of conflict of interest policy Part VI, Line 12 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, 2014. process for determining compensation PART VI, LINE 15 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, 2023. 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. public disclosure of documents PART VI, 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 likewise 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, Schedule C The Institute does not undertake any direct lobbying activities; however, the Institute is a dues-paying member in various college and higher education professional associations. By virtue of its membership in these associations, the Institute may undertake some indirect lobbying activities as a portion of its membership dues may be used to fund higher education advocacy endeavors. The Institute has not received notification from the Associations of its allocable share of non-deductible lobbying expenditures; accordingly, the Institute has not disclosed any amounts on Schedule C. This disclosure in Schedule O is offered in the interest of full disclosure.