2023-08-03T14:11:31-07:00 2022-12-31 461704682 Michael J Roberts CPA LLC 135 W Geneva St Elkhorn WI 53121 990 2022-01-01 208991580 Foundation for the Realization of Human Potential NFP FOUN 3126458300 445 East Ohio St Chicago IL 60611 Thomas Terry Chairman of the Board 3126458300 2023-03-16 true Thomas Terry XXX-XX-XXXX true Michael J Roberts P01309437 2627236497 2023-08-03 X 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Thomas Terry 415 E North Water Street Apt 2705 Chicago IL 60611 5977702 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 42 225 0 0 2258197 3158668 3328215 2819034 0 138687 0 5725099 5977702 20900 46840 0 2089835 2367509 0 742454 3402330 4117836 5513065 6532185 212034 -554483 6540045 6488738 170214 152836 6369831 6335902 See Part I, Line 1. false false 5091425 46840 2764953 Teaching & education activities. 5091425 true true false false false false false false false false true false false false true false true false false false false false false false false false false false true true false false false false false true true false true false false false false true false false false true 35 0 true 42 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 445 E Ohio St Suite 400 Chicago IL 60611 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 Karen Wilson Smithbauer Director 1.00 X 0 0 0 Dr Judith Wright President & Director 40.00 X X 241667 0 0 Dr Robert Wright CEO & Director 40.00 X X 86670 0 0 Dr Michael Zwell Chancellor and Faculty 40.00 X 60000 0 0 Dave Stamm Director 1.00 X 0 0 0 Don Delves Director 1.00 X 0 0 0 Sahar Malik 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 97017 0 0 Barbara Burgess Chief Vision Realization Officer 40.00 X X 101297 0 0 Kate Holmquest Campus Director 40.00 X 142358 0 0 Kelly Shingleton Finance Manager 40.00 X 110476 0 0 Philip Blue Director of Operations 40.00 X X 144503 0 0 983988 0 0 5 true true false Zwell International 501 N Clinton St 124 Chicago IL 60654 Consulting 119698 Belay 885 Woodstock Road Suite 430-365 Roswell GA 30075 Virtual administrative assistant 194609 2 3158668 500641 3158668 Interest Revenue on Loans 900099 7241 0 0 Program Services Revenues 900099 2409459 0 0 Graduation & application fees 611310 0 0 0 Tuition 611310 355494 0 0 Miscellaneous 900099 0 0 0 46840 0 0 2819034 Gain on sale of donated stock 900099 0 0 0 0 0 0 0 0 0 5977702 2819034 0 0 46840 46840 388337 388337 0 0 1856002 1856002 0 0 123170 123170 0 0 6583 3291 3292 0 11433 5716 5717 0 569039 189679 189680 189680 713866 237956 237955 237955 49623 23819 23819 1985 355490 355490 0 0 52404 52404 0 0 151345 151345 0 0 45977 22989 22988 0 Audio Visual 0 0 0 0 Decorations 0 0 0 0 Entertainment 0 0 0 0 Tuition Option Fees 1232 1232 0 0 2160844 1633155 214855 312834 6532185 5091425 698306 742454 1117346 2404877 372633 549954 21738 41212 32159 32159 0 1161048 441737 489760 719311 1840270 15640 2666139 2725585 6540045 6488738 82085 101531 60469 41305 17660 10000 10000 170214 152836 X 6306281 5815352 63550 520550 6369831 6335902 6540045 6488738 X -554483 520554 X false true X true false X 0 0 1119442 1967987 2134869 2663098 3205508 11090904 3177475 3399092 3360823 2923314 2772194 15632898 0 0 4296917 5367079 5495692 5586412 5977702 26723802 1243737 2118669 2206517 2395968 2810627 10775518 90150 242629 0 14708 3928 351415 1333887 2361298 2206517 2410676 2814555 11126933 15596869 26723802 0.58360 0.62090 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 572880 149856 423024 519515 234040 285475 68653 57841 10812 719311 SBA EIDL Loan 10000 10000 5977702 5977702 5977702 6532185 6532185 6532185 Pt XI, Line 4b Rounding. Pt XII, Line 4b Rounding. true CARES Act grant Section 18004(a)(3), federal financial aid to students 21 46840 0 n/a n/a false false false false false false false false false Dr Judith Wright 241667 0 0 0 0 0 0 0 0 0 241667 0 0 0 Dr Robert Wright 86670 0 0 0 0 0 0 0 0 0 86670 0 0 0 Barbara Burgess 101297 0 0 0 0 0 0 0 0 0 101297 0 0 0 Philip Blue 144503 0 0 0 0 0 0 0 0 0 144503 0 0 0 The Center Inc See Part V 176400 Taxpayer paid rents false Wright Business Inc See Part V 90000 Taxpayer paid consulting expenses false Don Denise Delves Don is current Director 59305 See Part V false John Jacki Davidoff John-director, married to Jacki 62418 See Part V false Scott Jennifer Stephen Scott is current director 0 See Part V false Karen Smithbauer Karen is current director 30000 See Part V false Tom Karen Terry Tom is current director 56967 See Part V false Richard Gertrude Lyons Rich is current director 36940 See Part V false Stan Smith Stan is current director 64955 See Part V false Dave Stamm Dave is current director 0 See Part V false Terry Group See Part V 41500 See Part V false Davidoff Strategy See Part V 1667 See Part V false Sahar Malik Sahar is current director 2000 See Part V false Alison Denton Alison is current director 29248 See Part V false Pam Noble Pam is current director 21967 See Part V false Lyons Consulting Group Dave is current director 3660 See Part V false Zwell International Inc See Part V 12000 Taxpayer paid Faculty wages false Rachel Zwell See Part V 50779 Taxpayer paid W2 compensation false Lyons Charitable Fund Rich is current director 500000 See Part V false Arthur Silver Trust Arthur was former Director 1900000 See Part V false Part IV line 1 Taxpayer paid rents to The Center Inc. Taxpayer's President & CEO are The Center Inc.'s shareholders. Part IV line 2 Taxpayer paid consulting fees to Wright Business Inc. Taxpayer's 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, Chancellor, 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. X 4 500641 Fair market value false false true Pt I Line 32b Schedule M line 32a: Taxpayer received the donation of Fidelity securities into Taxpayer's Fidelity account. 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 organization's 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 organization's 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 700. 700. 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 14618. 4873. 4873. 4872. Form 990, Part IX, Line 24e Accreditation and State Licensure 4734. 4734. 0. 0. Form 990, Part IX, Line 24e Educational Consulting 182195. 182195. 0. 0. Form 990, Part IX, Line 24e Curriculum Development 1010. 1010. 0. 0. Form 990, Part IX, Line 24e Title IV Servicing 7945. 7945. 0. 0. Form 990, Part IX, Line 24e Repairs & Maintenance 26823. 13411. 13412. 0. Form 990, Part IX, Line 24e Mentoring Fees 0. 0. 0. 0. Form 990, Part IX, Line 24e Faculty Salaries 161732. 161732. 0. 0. Form 990, Part IX, Line 24e Health Insurance 206594. 206594. 0. 0. Form 990, Part IX, Line 24e Consulting: Wright Business, Inc. 90000. 90000. 0. 0. Form 990, Part IX, Line 24e Consulting: Non-Related Parties 0. 0. 0. 0. Form 990, Part IX, Line 24e Licenses & Fees 16947. 5649. 5649. 5649. Form 990, Part IX, Line 24e Miscellaneous 17862. 5954. 5954. 5954. Form 990, Part IX, Line 24e Outside Contract Services 192900. 191900. 1000. 0. Form 990, Part IX, Line 24e Computer & Internet 141976. 22025. 119951. 0. Form 990, Part IX, Line 24e Merchant Processing Fee 91674. 30558. 30558. 30558. Form 990, Part IX, Line 24e Bank Service Charges 1805. 1805. 0. 0. Form 990, Part IX, Line 24e Books, Dues & Subscriptions 48050. 48050. 0. 0. Form 990, Part IX, Line 24e Moving, Storage & Equipment Rental 0. 0. 0. 0. Form 990, Part IX, Line 24e Telephone & Internet 61637. 20546. 20546. 20545. Form 990, Part IX, Line 24e Other Program Expense 76230. 76230. 0. 0. Form 990, Part IX, Line 24e Automobile Expense 2421. 2421. 0. 0. Form 990, Part IX, Line 24e Vehicle Lease Expense 135. 0. 135. 0. Form 990, Part IX, Line 24e Utilities 38329. 12776. 12777. 12776. Form 990, Part IX, Line 24e Taxes 0. 0. 0. 0. Form 990, Part IX, Line 24e Fundraising 232480. 0. 0. 232480. Form 990, Part IX, Line 24e Program Supples, Meals & Expenses 98207. 98207. 0. 0. Form 990, Part IX, Line 24e Payroll Processing Fees 0. 0. 0. 0. Form 990, Part IX, Line 24e Work Study & Fellowship 144404. 144404. 0. 0. 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 299436. 299436. 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 15151 Per invoice The Center Inc d 17008 Per invoice The Center Inc e 0 Per invoice The Center Inc k 176400 Per invoice Wright Business Inc l 90000 Per invoice The Center Inc p 0 Per invoice Wright Business Inc p 0 Per invoice