2024-08-09T08:29:39-07:00 2023-12-31 461704682 Michael J Roberts CPA LLC 135 W Geneva St Elkhorn WI 53121 990 2023-01-01 208991580 Foundation for the Realization of Human Potential NFP FOUN 3126458300 1658 Milwaukee Ave PMB 314 Chicago IL 60647 Thomas Terry Chairman of the Board 3126458300 2024-05-08 true true Michael J Roberts P01309437 2627236497 2024-08-09 X 2023 2024-08-08 14:25:15Z Thomas Terry 415 E North Water Street Apt 2705 Chicago IL 60611 2877765 false X http://www.wrightfoundation.org/ X 2007 IL Foundation for the Realization of Human Potential, NFP is organized for exclusively religious, charitable, educational and scientific purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986 or the corresponding provision of any future United States Internal Revenue Law, 12 10 27 50 0 0 3158668 1491438 2819034 1372127 -602992 0 0 5977702 2260573 46840 400000 0 2367509 1821787 0 392796 4117836 3087306 6532185 5309093 -554483 -3048520 6488738 4827315 152836 2055493 6335902 2771822 See Part I, Line 1. false false 4345208 0 1355868 Teaching & education activities. 4345208 true true false false false false false false false false true false false true true false true false false false false false false false false false false false true true false false false false false true true false false false false false false true false false false true 34 0 true 27 true false false false false false false false false false false X 12 10 true false false false false false false true true false false true true true true false true true true false IL X Kelly Shingleton 3126458300 1658 Milwaukee Ave PMB 314 Chicago IL 60647 Thomas Terry Chairman of the Board 1.00 X X 0 0 0 Dr Stan Smith Treasurer 1.00 X X 0 0 0 John Davidoff Secretary 1.00 X X 0 0 0 Rich Lyons Director 1.00 X 0 0 0 Dr Judith Wright Former President & Director 40.00 X X 125471 0 0 Dr Robert Wright Former CEO & Director 40.00 X X 57990 0 0 Dr Michael Zwell CEO and Faculty 40.00 X 0 0 0 Dave Stamm Director 1.00 X 0 0 0 Don Delves Director 1.00 X 0 0 0 Pam Noble Director 1.00 X 0 0 0 Alison Denton Director 1.00 X 0 0 0 Beryl Stromsta Senior Coach 40.00 X 116349 0 0 Kelly Shingleton Finance Manager 40.00 X 128280 0 0 Lisa Sanden Chief Academic Officer X 67746 0 0 495836 0 0 3 true false false 1491438 0 1491438 Interest Revenue on Loans 900099 5638 0 0 Program Services Revenues 900099 1288105 0 0 Graduation & application fees 611310 0 0 0 Tuition 611310 57763 0 0 Miscellaneous 900099 20621 0 0 0 0 0 1372127 14200 617192 -602992 -602992 -602992 0 0 Gain on sale of donated stock 900099 0 0 0 0 0 2260573 769135 0 0 400000 400000 15000 15000 0 0 183461 183461 0 0 1333557 1333557 0 0 289769 289769 0 0 366613 183306 183307 0 25378 12689 12689 0 313683 104561 104561 104561 217614 72538 72538 72538 35267 16928 16928 1411 163570 163570 0 0 29321 29321 0 0 92286 92286 0 0 23791 11895 11896 0 Audio Visual 0 0 0 0 Decorations 0 0 0 0 Entertainment 0 0 0 0 Tuition Option Fees 596 298 298 0 1819187 1436029 168872 214286 5309093 4345208 571089 392796 2404877 295599 549954 532716 41212 32159 5000 5000 719311 0 15640 2725585 1999000 2000000 6488738 4827315 101531 15677 41305 39816 10000 2000000 152836 2055493 X 5815352 2766832 520550 4990 6335902 2771822 6488738 4827315 X -3048520 -515560 X false true X true false X 0 0 1967987 2134869 2663098 3205508 1491438 11462900 3399092 3360823 2923314 2772194 1361506 13816929 0 0 5367079 5495692 5586412 5977702 2852944 25279829 2118669 2206517 2395968 2810627 1210408 10742189 242629 0 14708 3928 0 261265 2361298 2206517 2410676 2814555 1210408 11003454 14276375 25279829 0.56470 0.58360 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 5000 5000 0 0 Donation Receivable from Former Board Members Trust 2000000 2000000 SBA EIDL Loan 0 Payments to Robert and Judith Wright 2000000 2000000 2863566 602993 602993 2260573 2260573 5309094 1 1 5309093 5309093 Pt XI, Line 4b Rounding. Pt XII, Line 4b Rounding. Pt XI, Line 2d Loss on disposition of assets. Pt XII, Line 2d Rounding. true eaumont Health Foundation 26901 BEAUMONT BOULEVARD 6D Southfield MI 48033 400000 0 Charitable true false false false false false false false false Dr Judith Wright 125471 0 0 0 0 0 0 0 200000 0 325471 0 0 0 Dr Robert Wright 57990 0 0 0 0 0 0 0 200000 0 257990 0 0 0 0 0 Pt I Line 4a Robert and Judith Wright each received $200,000 in 2023 per their Separation Agreements. The Center Inc See Part V 18400 Taxpayer paid rents false Wright Business Inc See Part V 15000 Taxpayer paid consulting expenses false Don Denise Delves Don is former Director 28780 See Part V false John Jacki Davidoff John-director, married to Jacki 31606 See Part V false Scott Jennifer Stephen Scott is former director 45130 See Part V false Karen Smithbauer Karen is former director 465395 See Part V false Tom Karen Terry Tom is current director 6445 See Part V false Richard Gertrude Lyons Rich is current director 24933 See Part V false Stan Smith Stan is current director 24305 See Part V false Dave Stamm Dave is current director 15000 See Part V false Terry Group See Part V 7500 See Part V false Davidoff Strategy See Part V 0 See Part V false Sahar Malik Sahar is former director 7745 See Part V false Alison Denton Alison is current director 19898 See Part V false Pam Noble Pam is current director 0 See Part V false Lyons Consulting Group Dave is current director 305 See Part V false Zwell International Inc See Part V 10945 Taxpayer paid Faculty wages false Rachel Zwell See Part V 0 Taxpayer paid W2 compensation false Lyons Charitable Fund Rich is current director 0 See Part V false Arthur Silver Trust Arthur was former Director 750000 See Part V false Part IV line 1 Taxpayer paid rents to The Center Inc. Taxpayers President & CEO are The Center Inc.s shareholders. Part IV line 2 Taxpayer paid consulting fees to Wright Business Inc. Taxpayers President and CEO are Wright Business Inc.s shareholders. Part IV lines 3 through 18, column d Taxpayer received donations, tuition and program service revenues. Part IV line 13, column d Tom Terry, a current Director, is the CEO of the Terry Group. Part IV line 12, column d John Davidoff, a current Director, is the owner of Davidoff Strategy. Part IV lines 18 and 19, column d Rich Lyons, a current Director, is the owner of Lyons Consulting Group and Lyons Charitable Fund. Part IV line 17, column b Michael Zwell, CEO, owns Zwell International Inc. Part IV line 18, column b Rachel Zwell is the daughter of Michael Zwell, the Chancellor. Part IV line 18, column d Arthur Silver Trust donated cash to Taxpayer. Pt VI, Line 11b The Chairman of the Board and the Treasurer will review Form 990 to ensure accuracy. The Board will receive a copy of the 990 before filing. Pt VI, Line 19 Taxpayer will make its governing documents and finanicial documents available upon request. Pt VI, Line 15a There are compensation agreements in place, & the Board reviews compensation. Pt VI, Line 15b There are compensation agreements in place, & the Board reviews compensation. Pt VI, Line 2 Karen Wilson Smithbauer (Board Member) is the mother of another Board member (Rich Lyons). The President, Judith Wright, is the wife of the CEO, Robert Wright. Pt VI, Line 12c The person with a conflict of interest has a duty to disclose such interest, after which the remaining board or committee members take appropriate action as referenced in Section 3 of the organizations Bylaws. If the governing board or committee believes a conflict of interest exists that has not been disclosed (as referenced in Section 4 of the organizations Bylaws), the appropriate board or committee discusses the issue with the individual, and takes appropriate disciplinary and corrective action as necessary. Pt XI Restricted donations. Form 990, Part IX, Line 24e Bad Debt 0. 0. 0. 0. Form 990, Part IX, Line 24e Software Leases 0. 0. 0. 0. Form 990, Part IX, Line 24e Website 0. 0. 0. 0. Form 990, Part IX, Line 24e Donations & gifts 356. 119. 119. 118. Form 990, Part IX, Line 24e Accreditation and State Licensure 82335. 82335. 0. 0. Form 990, Part IX, Line 24e Educational Consulting 182974. 182974. 0. 0. Form 990, Part IX, Line 24e Curriculum Development 4988. 4988. 0. 0. Form 990, Part IX, Line 24e Title IV Servicing 4945. 4945. 0. 0. Form 990, Part IX, Line 24e Repairs & Maintenance 17099. 8549. 8550. 0. Form 990, Part IX, Line 24e Mentoring Fees 0. 0. 0. 0. Form 990, Part IX, Line 24e Faculty Salaries 82508. 82508. 0. 0. Form 990, Part IX, Line 24e Health Insurance 119256. 119256. 0. 0. Form 990, Part IX, Line 24e Consulting: Wright Business, Inc. 15000. 15000. 0. 0. Form 990, Part IX, Line 24e Consulting: Non-Related Parties 0. 0. 0. 0. Form 990, Part IX, Line 24e Licenses & Fees 6275. 2091. 2092. 2092. Form 990, Part IX, Line 24e Miscellaneous 45438. 15146. 15146. 15146. Form 990, Part IX, Line 24e Outside Contract Services 88047. 44024. 44023. 0. Form 990, Part IX, Line 24e Computer & Internet 146698. 48899. 48900. 48899. Form 990, Part IX, Line 24e Merchant Processing Fee 49837. 16612. 16612. 16613. Form 990, Part IX, Line 24e Bank Service Charges 2990. 2990. 0. 0. Form 990, Part IX, Line 24e Books, Dues & Subscriptions 31912. 31912. 0. 0. Form 990, Part IX, Line 24e Moving, Storage & Equipment Rental 0. 0. 0. 0. Form 990, Part IX, Line 24e Telephone & Internet 56044. 18681. 18682. 18681. Form 990, Part IX, Line 24e Other Program Expense 5320. 5320. 0. 0. Form 990, Part IX, Line 24e Automobile Expense 622. 622. 0. 0. Form 990, Part IX, Line 24e Vehicle Lease Expense 0. 0. 0. 0. Form 990, Part IX, Line 24e Utilities 12363. 4121. 4121. 4121. Form 990, Part IX, Line 24e Taxes 0. 0. 0. 0. Form 990, Part IX, Line 24e Fundraising 97989. 0. 0. 97989. Form 990, Part IX, Line 24e Program Supples, Meals & Expenses 28016. 28016. 0. 0. Form 990, Part IX, Line 24e Payroll Processing Fees 0. 0. 0. 0. Form 990, Part IX, Line 24e Work Study & Fellowship 31882. 10628. 10627. 10627. Form 990, Part IX, Line 24e Human Resource Expenses 0. 0. 0. 0. Form 990, Part IX, Line 24e Employee Training & Development 0. 0. 0. 0. Form 990, Part IX, Line 24e Other NonCredit Expenses 0. 0. 0. 0. Form 990, Part IX, Line 24e Book/tax difference depreciation 0. 0. 0. 0. Form 990, Part IX, Line 24e CARES act grant Section 18004(a)(1) institutional relief 0. 0. 0. 0. Form 990, Part IX, Line 24e CARES act grant equipmentCARES act grant equipment 0. 0. 0. 0. Form 990, Part IX, Line 24e Unrealized loss on sale of donated stock 0. 0. 0. 0. Form 990, Part IX, Line 24e Loss on Disposition of Intangibles 706293. 706293. 0. 0. Wright Business Inc 445 E Ohio St Suite 400 Chicago IL 60611 454293970 NA S 0.00000 false The Center Inc N7698 County Highway H Elkhorn WI 53121 391832022 NA S 0.00000 false false false false true true false false false false false true true false false false true false false false Wright Business Inc d Per invoice The Center Inc d Per invoice The Center Inc e Per invoice The Center Inc k 18400 Per invoice Wright Business Inc l 15000 Per invoice The Center Inc p Per invoice Wright Business Inc p Per invoice