2021-02-10T15:37:33-06:00 2020-03-31 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2019-04-01 237079591 CENTER FOR CREATIVE LEADERSHIP CENT 3362887210 1 LEADERSHIP PLACE GREENSBORO NC 27410 BRADLEY E SHUMAKER EXECUTIVE VP/CFO 3362887210 2021-02-10 1 YONG ZHANG CPA P01249785 7033366400 2021-02-10 2019 2022-09-23 18:48:47Z JOHN R RYAN 1 LEADERSHIP PLACE GREENSBORO NC 27410 117520338 0 X WWW.CCL.ORG X 1970 NC SEE SCHEDULE O 24 23 673 4 37664 0 107883 100408 109861123 108981520 5405930 3206902 6308324 5209359 121683260 117498189 0 0 0 0 68893698 73513734 0 0 883771 53752468 55090480 122646166 128604214 -962906 -11106025 151418061 129126374 35267774 32289936 116150287 96836438 X TO FULLY REALIZE OUR MISSION, CCL'S ASPIRATION IS TO CREATE NEW KNOWLEDGE THAT ADVANCES OUR FIELD AND THAT POSITIVELY TRANSFORMS THE WAY LEADERS, THEIR ORGANIZATIONS AND THEIR SOCIETIES CONFRONT THE MOST DIFFICULT CHALLENGES OF THE 21ST CENTURY. THESE IMPERATIVES REQUIRE THAT CCL BECOME THE PREEMINENT GLOBAL INSTITUTION FOR LEADERSHIP DEVELOPMENT AND RESEARCH. 0 0 3549891 11853642 LEADERSHIP DEVELOPMENT PROGRAM (LDP): LDP IS THE CENTER FOR CREATIVE LEADERSHIP'S ("CCL") FLAGSHIP EXECUTIVE EDUCATION PROGRAM AND IS ATTENDED BY MORE EXECUTIVES WORLDWIDE THAN ANY SIMILAR TYPE PROGRAM. PARTICIPANTS OF THE PROGRAM TEND TO BE MIDDLE TO SENIOR LEVEL EXECUTIVES FROM THE PRIVATE, MILITARY, EDUCATION AND NONPROFIT SECTORS. THE PROGRAM INCLUDES FIVE DAYS OF ON-SITE INSTRUCTION SURROUNDED BY INTENSE PRE AND POST WORK ASSIGNMENTS. THE PRIMARY OBJECTIVE OF THE PROGRAM IS TO ASSIST THE PARTICIPANT IN INCREASING HIS OR HER LEADERSHIP CAPACITY THROUGH A FEEDBACK INTENSIVE LEARNING EXPERIENCE AND HANDS-ON ACTIVITIES. DURING THE FISCAL YEAR ENDED MARCH 31, 2020, 1,685 PARTICIPANTS ATTENDED THE LDP PROGRAM. 1689242 1688929 W. K. KELLOGG FOUNDATION IS AN INNOVATIVE FELLOWSHIP FOR LEADERS TO CONNECT, GROW, AND LEAD TRANSFORMATIONAL CHANGE TOWARD A MORE EQUITABLE SOCIETY IN THE UNITED STATES. THE 18-MONTH FELLOWSHIP PROGRAM OFFERS HANDS-ON TRAINING, PERSONALIZED COACHING, COMMUNITY-BASED SUPPORT AND PRACTICAL PROJECT EXPERIENCE. IT BRINGS TOGETHER 80 INSPIRING LEADERS FROM ACROSS THE UNITED STATES AND SOVERIGN TRIBES, WITH FOUR COHORTS OF FELLOWS FROM WKKF'S PRIORITY PLACES OF MICHIGAN, MISSISSIPPI, NEW MEXICO AND NEW ORLEANS, AS WELL AS ONE NATIONAL US COHORT. OVER THE COURSE OF A YEAR AND A HALF, FELLOWS DEEPEN THEIR KNOWLEDGE AND SKILLS FOR NAVIGATING TODAY'S CHALLENGES, AUTHENTICALLY ENGAGING COMMUNITIES AND ADVANCING RACIAL EQUITY AND RACIAL HEALING IN COMMUNITIES. IN ADDITIO, FELLOWS BECOME PART OF A VAST NETWORK OF 1700 PLUS ALUMNI, WHO COLLECTIVELY ARE WORKING TO EFFECT SYSTEMIC CHANGE. 1559071 1577036 THE GOLDEN LEAF SCHOLARS LEADERSHIP PROGRAM IS NOW IN ITS 11TH YEAR SERVING STUDENTS IN RURAL, FORMERLY TOBACCO-DEPENDENT, COUNTIES IN NC. THE PROGRAM IS FUNDED BY THE GOLDEN LEAF FOUNDATION. STUDENTS WHO MAINTAIN A STRONG ACADEMIC PERFORMANCE ARE ELIGIBLE TO PARTICIPATE IN THE GLSLP PROGRAM FOR ALL FOUR YEARS OF THEIR COLLEGE CAREER. THE PROGRAM INCLUDES TWICE-YEARLY LEADERSHIP CONFERENCES, INDIVIDUAL COACHING, AND A SUMMER INTERNSHIP EXPERIENCE EACH SUMMER. 1426903 3029135 LEADERSHIP AT THE PEAK (LAP). 967294 2872278 MAXIMIZING LEADERSHIP POTENTIAL (MLP). 960034 3930263 LEADING FOR ORGANIZATIONAL IMPACT (LOI). 105113456 84030237 OTHER PROGRAM SERVICES. IN ADDITION TO THE PROGRAMS PREVIOUSY LISTED, CCL ALSO OFFERS NUMEROUS ADDITIONAL FACE TO FACE AND VIRTUAL EDUCATIONAL PROGRAMS TO THE PUBLIC, PRIVATE AND NONPROFIT SECTORS. CCL STRIVES TO MAKE OUR PROGRAMS AVAILABLE TO ALL SECTORS OF SOCIETY. EACH YEAR, CCL IDENTIFIES SEGMENTS OF THE POPULATION WHO DO NOT HAVE THE RESOURCES TO AFFORD CCL PROGRAMS WITHOUT SOME FINANCIAL ASSISTANCE. THOSE AUDIENCES ARE GENERALLY INDIVIDUALS FROM THE NONPROFIT OR EDUCATION SECTORS, YOUTH OR INDIVIDUALS FROM DISADVANTAGED REGIONS AND DEVELOPING COUNTRIES. CCL THEN PROVIDES FINANCIAL ASSISTANCE TO THESE AUDIENCES THROUGH SCHOLARSHIPS, THIRD-PARTY FUNDING OR BELOW MARKET PRICED FEES. 108467687 93861913 115265891 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 733 0 1 673 1 1 1 1 BE SN RS IN ET SF UK CH GM 0 0 0 0 0 0 0 0 0 0 X 24 23 1 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 CA NC X BRADLEY E SHUMAKER 3362864008 ONE LEADERSHIP PLACE GREENSBORO NC 27410 X INGAR SKAUG GOVERNOR CHAIR & TRUSTEE 6.00 X X 41300 0 0 JOHN R RYAN PRESIDENT, CEO & GOVERNOR 40.00 X X 894854 0 17642 CUTLER DAWSON TRUSTEE & GOVERNOR 2.00 X X 14800 0 0 W WINBURNE KING III TRUSTEE 2.00 X 4900 0 0 PETER L RICHARDSON TRUSTEE CHAIR & GOVERNOR 6.00 X 42300 0 0 HAYNES G GRIFFIN TRUSTEE 2.00 X 6100 0 0 L RICHARDSON PREYER JR TRUSTEE 2.00 X 6100 0 0 TYLER B RICHARDSON TRUSTEE & GOVERNOR 2.00 X 17800 0 0 MICHAEL ROCHELLE GOVERNOR 2.00 X 6750 0 0 MARTIN SCHNEIDER GOVERNOR 2.00 X 6750 0 0 JANICE KREAMER GOVERNOR 2.00 X 10500 0 0 LOUIS GIANNOTTI GOVERNOR 2.00 X 11500 0 0 TIMOTHY RICE GOVERNOR 2.00 X 11500 0 0 HANS MENGELE GOVERNOR 2.00 X 11500 0 0 PATRICK WALSH GOVERNOR 2.00 X 9500 0 0 ARCHANA GILRAVI GOVERNOR 2.00 X 11500 0 0 EMILY C CHIU GOVERNOR 2.00 X 11500 0 0 NICHOLAS RICHARDSON TRUSTEE 2.00 X 8100 0 0 DR MICHAEL CUNNINGHAM GOVERNOR 2.00 X 10500 0 0 DR JIAN-YE WANG GOVERNOR 2.00 X 15250 0 0 DAVID DINES TRUSTEE 2.00 X 2850 0 0 KAREN MCNEIL-MILLER GOVERNOR 2.00 X 11500 0 0 FRANK C SULLIVAN GOVERNOR 2.00 X 0 0 0 PAMELA DAVIES GOVERNOR 2.00 X 0 0 0 SUE PITTACORA GOVERNOR 2.00 X 0 0 0 BARRYE PRICE GOVERNOR 2.00 X 0 0 0 DAVID G ALTMAN CHIEF OPERATING OFFICER 40.00 X 397496 2811 34868 RENEE D HULTIN SVP - AMERICAS 40.00 X 266696 0 15919 KEVIN BRIODY VP - GLOBAL MARKETING 40.00 X 252337 0 33504 KENT S PRICE III CHIEF HUMAN RESOURCE OFFIC 40.00 X 254236 0 34760 STEPHEN MARTIN DIRECTOR - GLOBAL PUBLIC RELATIONS & SECRETARY 40.00 X 126406 0 25609 KRISTEN DOWNING VP - COMMERCIALIZATION & INNOVATION 40.00 X 182028 0 29846 WILLIAM A PASSMORE SVP - ADVISOR TO CEO'S, BOARDS, AND SENIOR TEAMS 40.00 X 195563 0 11883 JENNIFER W MARTINEAU SVP, RESEARCH, INNOVATION AND PRODUCT DEVELOPMENT 40.00 X 235474 0 33542 BRADLEY E SHUMAKER EVP, CHIEF FINANCIAL AND ADMIN OFFICER & TREASURER 40.00 X 321326 0 27537 DAVID MOORE ASST. TREASURER & ASST. SECRETARY 40.00 X 130187 0 29804 GUYLAINE A RENAUD ASST. TREASURER & ASST. SECRETARY 40.00 X 173055 0 22382 JENNIFER HABIG MANAGING DIRECTOR 40.00 X 187500 0 27452 LISA SINCLAIR MANAGING DIRECTOR 40.00 X 167802 0 23389 LISA CAVANAUGH MANAGING DIRECTOR 40.00 X 193303 0 28236 ENRIC BERNAL MANAGING DIRECTOR - LATIN AM 40.00 X 163172 0 25269 DONALD W PRINCE SENIOR FACULTY - EMEA 40.00 X 155950 36613 26388 CHERYL FLINK VP GLOBAL LEADERSHIP RESEARCH & ANALYTICS 40.00 X 232790 0 27393 CHAD MERRITT REGIONAL SALES DIRECTOR 40.00 X 192914 0 25268 TIMOTHY DAVISSON REGIONAL SALES MANAGER 40.00 X 193559 0 22785 CHRISTOPHER D DEWAR FACULTY DIRECTOR, DESIGN AND DELIVERY 40.00 X 166986 100347 33056 5356134 139771 556532 206 0 1 0 SA GLOBAL INC 137 JOHNSON FERRY RD STE 2240 MARIETTA GA 30068 ERP CONSULTING AND TRAINING 1364656 DATA SOLUTIONS INC 5900 BAKER ROAD MINNETONKA MN 55345 PROGRAM MODELING & CONSULTING 1051598 MARTINEAU RECRUITING TECHNOLOGY 663 GRAIN STREET KERNERSVILLE NC 27284 SOFTWARE CONSULTANT 762586 BUILDEMPIRE LTD 81 LEVER PARK AVE HORWICH UK BL6 76Q SOFTWARE CONSULTANT 487720 BANERASOFT INC 512 N MENDENHALL STREET GREENSBORO NC 27401 SOFTWARE CONSULTANT 376072 59 X 100408 100408 PROFESSIONAL INCOME 611600 71655538 71655538 TUITION INCOME 611600 24031940 24031940 PROGRAM & RESEARCH GRANTS 611600 6920339 6920339 TEST & MATERIALS SALES 611600 5815564 5815564 PUBLICATION SALES 611600 558139 558139 108981520 1109955 3862 1106093 4560100 293 4559807 10838 -10838 -10838 -10838 2108258 0 11311 2108258 -11311 2096947 25034 2071913 OTHER INCOME FROM K-1 611710 264726 8475 256251 ALL OTHER REVENUE 611710 182024 182024 CAFETERIA SALES 611710 156724 156724 56623 56623 660097 117498189 108981520 37664 8378597 4781581 2072941 2651418 57222 54613414 51825790 2336120 451504 2987128 2819174 143575 24379 5867536 5203050 589404 75082 5264075 4952454 277638 33983 27336540 26778396 528885 29259 93486 93486 351950 17390 334560 1952 1952 226189 20357 205832 2605343 2549468 55875 3992893 3804099 167589 21205 86477 86030 447 5343958 4391383 930531 22044 7750192 7253363 483342 13487 68288 68288 121830 104530 17056 244 5506641 3465219 1958912 82510 339358 215871 118495 4992 PUBLICATIONS 3979455 3979455 MEALS 2125633 2114793 10370 470 DEDUCTIONS FROM K-1 948214 948214 CONTR FORIGN CORP EXPS -10996107 -10996107 5208188 4539947 656726 11515 128604214 115265891 12454552 883771 3023 3396 8972470 3691044 35367053 27176031 569837 652575 2000232 1753452 76221155 54228181 23161029 21992974 732898 745561 80611519 73111341 151418061 129126374 16245913 12632374 18569317 19264728 356556 392834 95988 0 35267774 32289936 X 31949263 20910984 84201024 75925454 116150287 96836438 151418061 129126374 X -11106025 -1847021 95988 -6456791 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61570010 -2642239 2756353 56171418 62373036 1907961 2710987 61570010 59814651 5351024 2792639 62373036 58497914 4063792 2747055 59814651 62650062 -1414775 2737373 58497914 0.09340 0.90660 0 0 27823466 16941456 10882010 48397689 37286725 11110964 21992974 MOORINGS CAPITAL, LLC 71622402 F INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - RUSSIA (CFC) 597811 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - SINGAPORE (CFC) 784481 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - INDIA (CFC) 106423 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - ETHIOPIA (CFC) 1 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - SOUTH AFRICA (CFC) 120 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - UK 103 C 73111341 X 121760537 131022 4121967 4252989 117507548 1952 -11311 -9359 117498189 140874807 1978043 11242716 13220759 127654048 1952 948214 950166 128604214 PART V, LINE 4: THE CENTER'S ENDOWMENT CONSISTS OF A SINGLE FUND ESTABLISHED TO SUPPORT GENERAL ACTIVITIES AND SPECIAL PROJECTS, DESIGNATED BY THE TRUSTEES OF THE CENTER. PART X, LINE 2: THE CENTER QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) AND SECTION 170(B)(1)(A)(II) (AN EDUCATIONAL ORGANIZATION AND NOT A PRIVATE FOUNDATION) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO INCOME TAXES. HOWEVER, THE FOREIGN SUBSIDIARIES ARE SUBJECT TO TAXATION IN THE COUNTRIES IN WHICH THEY OPERATE. THE CENTER HAS REALIZED NO SIGNIFICANT INCOME TAX EXPENSE AS A RESULT OF THESE OPERATIONS. THE CENTER ADHERES TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ASC. MANAGEMENT EVALUATED THE CENTER'S TAX POSITIONS AND CONCLUDED THAT THE CENTER HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAAP/TAX DIFFERENCE IN PARTNERSHIP INCOME -6,160,193. FOREIGN ENTITIES REVENUE REPORTED ON FORM 5471 10,282,160. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF GAIN ON DISPOSAL OF FIXED ASSETS -11,311. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOREIGN ENTITIES EXPENSE REPORTED ON FORM 5471 10,996,110. FOREIGN ENTITIES DEPRECIATION REPORTED ON FORM 5471 235,295. RECLASSIFICATION OF GAIN ON DISPOSAL OF FIXED ASSETS 11,311. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAAP/TAX DIFFERENCE IN PARTNERSHIP EXPENSE 948,214. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE CENTER DOES NOT USE BROADCAST MEDIA FOR THE SOLICITATION OF STUDENTS. IT RELIES PRIMARILY ON PERSONAL RECOMMENDATIONS, DIRECT MAIL, AND ADVERTISEMENTS IN PROFESSIONAL JOURNALS. A STATEMENT REGARDING ITS NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL PROGRAM ADVERTISING AND DIRECT MAIL PIECES. THE CENTER HAS MAINTAINED DEMOGRAPHIC STATISTICS PERTAINING TO PROGRAM PARTICIPANTS, DEMONSTRATING THAT THE CENTER DOES IN FACT FOLLOW A NON-DISCRIMINATORY POLICY. DATA DESCRIBING THE PROGRAM PARTICIPANTS FOR THE PAST TEN YEARS IS AS FOLLOWS: YEAR WHITE NON-WHITE NO INDICATION 2011 48% 51% 1% 2012 48% 48% 4% 2013 46% 24% 30% 2014 43% 13% 45% 2015 46% 14% 40% 2016 42% 14% 43% 2017 46% 15% 39% 2018 48% 16% 37% 2019 49% 17% 34% 2020 48% 17% 35% EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 97 PROGRAM SERVICES CCL-BRUSSELS OFFERS VARIOUS LEADERSHIP DEVELOPMENT PROGRAMS DESIGNED TO MEET THE NEEDS OF INDIVIDUALS AT ALL LEVELS IN THEIR CAREERS, AS WELL AS GROUPS OF MANAGERS OR ENTIRE ORGANIZATIONS. 24545148 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 35 PROGRAM SERVICES CCL-APAC OFFERS A PORTFOLIO OF RESEARCH-BASED PROGRAMS AND SERVICES UNIVERSALLY RECOGNIZED FOR EFFECTIVENESS IN BUSINESS AND LEADERSHIP EDUCATION. 6837635 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 1 5 PROGRAM SERVICES CCL'S MOSCOW OFFICE IS A HUB FOR LEADERSHIP EDUCATION AND RESEARCH, DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 642716 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 17 PROGRAM SERVICES CCL'S INDIA OFFICE IS A HUB FOR LEADERSHIP EDUCATION AND RESEARCH DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 1004508 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 11 PROGRAM SERVICES CCL'S ETHIOPIA OFFICE IS A HUB FOR LEADERSHIP EDUCATION AND RESEARCH, DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 718530 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 7 PROGRAM SERVICES CCL SOUTH AFRICA'S OFFICE IS A HUB FOR LEADERSHIP EDUCATION AND RESEARCH, DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 5660 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 0 PROGRAM SERVICES CCL SINGAPORE JV'S OFFICE IS A HUB FOR LEADERSHIP EDUCATION AND RESEARCH, DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 72356 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 0 PROGRAM SERVICES CCL-CHINA WOFE OFFERS A PORTFOLIO OF RESEARCH-BASED PROGRAMS AND SERVICES UNIVERSALLY RECOGNIZED FOR EFFECTIVENESS IN BUSINESS AND LEADERSHIP EDUCATION. 199168 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 0 PROGRAM SERVICES CCL-CHINA PROMOTER COMPANY OFFERS A PORTFOLIO OF RESEARCH-BASED PROGRAMS AND SERVICES UNIVERSALLY RECOGNIZED FOR EFFECTIVENESS IN BUSINESS AND LEADERSHIP EDUCATION. 678567 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 7 PROGRAM SERVICES CCL-UK OFFERS VARIOUS LEADERSHIP DEVELOPMENT PROGRAMS DESIGNED TO MEET THE NEEDS OF INDIVIDUALS AT ALL LEVELS IN THEIR CAREERS, AS WELL AS GROUP OF MANAGERS OR ENTIRE ORGANIZATIONS 906916 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 3 PROGRAM SERVICES CCL-GERMANY OFFERS VARIOUS LEADERSHIP DEVELOPMENT PROGRAMS DESIGNED TO MEET THE NEEDS OF INDIVIDUALS AT ALL LEVELS IN THEIR CAREERS, AS WELL AS GROUPS OF MANAGERS OR ENTIRE ORGANIZATIONS. 572106 8 172 3 10 11 182 34025721 2157589 36183310 1 0 1 1 1 0 PART I, LINE 3: SINGAPORE: SINGAPORE FINANCIAL REPORTING STANDARDS RUSSIA: COMPLIANCE WITH THE LEGAL ACTS OF THE RUSSIAN FEDERATION INDIA: GENERALLY ACCEPTED ACCOUNTING STANDARDS IN INDIA BELGIUM: BELGIAN ACCOUNTING PRINCIPLES ETHIOPIA: ETHIOPIA ACCOUNTING PRINCIPLES ADJUSTED FOR BELGIAN ACCOUNTING PRINCIPLES SINGAPORE JV: SINGAPORE FINANCIAL REPORTING STANDARDS SOUTH AFRICA: INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) CHINA: CHINESE RULE/LAW UK: UK ACCOUNTING PRINCIPLES GERMANY: GERMAN ACCOUNTING PRINCIPLES PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 4: THE CENTER HAS INDIRECT OWNERSHIP OF PASSIVE FOREIGN INVESTMENT COMPANIES THROUGH THE OWNERSHIP OF MOORINGS CAPITAL LLC. MOORINGS CAPITAL LLC HAS MADE THE ASSOCIATED QUALIFIED ELECTING FUND ELECTIONS AND THE REQUIRED FORMS 8621 HAVE BEEN FILED. THE CENTER ALSO HAS INDIRECT OWNERSHIP OF FOREIGN PARTNERSHIPS THROUGH MOORINGS CAPITAL LLC. THE CENTER'S INVESTMENTS REPRESENT LESS THAN 1% OWNERSHIP IN EACH FOREIGN PARTNERSHIP. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 JOHN R RYAN PRESIDENT, CEO & GOVERNOR 574159 0 316250 0 4445 0 16800 0 842 0 912496 0 0 0 DAVID G ALTMAN CHIEF OPERATING OFFICER 364685 2811 24000 0 8811 0 16800 0 18068 0 432364 2811 0 0 RENEE D HULTIN SVP - AMERICAS 247813 0 17500 0 1383 0 15919 0 0 0 282615 0 0 0 KEVIN BRIODY VP - GLOBAL MARKETING 235759 0 16000 0 578 0 15587 0 17917 0 285841 0 0 0 KENT S PRICE III CHIEF HUMAN RESOURCE OFFIC 236561 0 16500 0 1175 0 15731 0 19029 0 288996 0 0 0 STEPHEN MARTIN DIRECTOR - GLOBAL PUBLIC RELATIONS & 122136 0 4000 0 270 0 8029 0 17580 0 152015 0 0 0 KRISTEN DOWNING VP - COMMERCIALIZATION & INNOVATION 168464 0 12500 0 1064 0 11372 0 18474 0 211874 0 0 0 WILLIAM A PASSMORE SVP - ADVISOR TO CEO'S, BOARDS, AND 181830 0 11000 0 2733 0 11588 0 295 0 207446 0 0 0 JENNIFER W MARTINEAU SVP, RESEARCH, INNOVATION AND PRODUC 210645 0 15000 0 9829 0 14612 0 18930 0 269016 0 0 0 BRADLEY E SHUMAKER EVP, CHIEF FINANCIAL AND ADMIN OFFIC 300815 0 19000 0 1511 0 16800 0 10737 0 348863 0 0 0 DAVID MOORE ASST. TREASURER & ASST. SECRETARY 125917 0 4000 0 270 0 8480 0 21324 0 159991 0 0 0 GUYLAINE A RENAUD ASST. TREASURER & ASST. SECRETARY 167867 0 4000 0 1188 0 10435 0 11947 0 195437 0 0 0 JENNIFER HABIG MANAGING DIRECTOR 179820 0 7500 0 180 0 11172 0 16280 0 214952 0 0 0 LISA SINCLAIR MANAGING DIRECTOR 162888 0 4500 0 414 0 10238 0 13151 0 191191 0 0 0 LISA CAVANAUGH MANAGING DIRECTOR 187389 0 5500 0 414 0 11956 0 16280 0 221539 0 0 0 ENRIC BERNAL MANAGING DIRECTOR - LATIN AM 157258 0 5500 0 414 0 10083 0 15186 0 188441 0 0 0 DONALD W PRINCE SENIOR FACULTY - EMEA 151664 36613 2000 0 2286 0 9631 0 16757 0 182338 36613 0 0 CHERYL FLINK VP GLOBAL LEADERSHIP RESEARCH & ANAL 192849 0 0 0 39941 0 9511 0 17882 0 260183 0 0 0 CHAD MERRITT REGIONAL SALES DIRECTOR 153149 0 39585 0 180 0 11779 0 13489 0 218182 0 0 0 TIMOTHY DAVISSON REGIONAL SALES MANAGER 120206 0 73191 0 162 0 11676 0 11109 0 216344 0 0 0 CHRISTOPHER D DEWAR FACULTY DIRECTOR, DESIGN AND DELIVER 140500 100347 3444 0 23042 0 9458 0 23598 0 200042 100347 0 0 PART I, LINE 1A CHRISTOPHER DEWAR, DESIGN & DELIVERY DIRECTOR, RECEIVED PAYMENTS FOR HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE DURING THE 2019 CALENDAR YEAR. THESE PAYMENTS WERE INCLUDED IN MR. DEWAR'S BASE COMPENSATION PAID BY A RELATED ORGANIZATION, AND BASE COMPENSATION PAID BY THE REPORTING ORGANIZATION, AS REPORTED ON FORM 990 PART VII, SECTION A AND SCHEDULE J. PART I, LINE 4B JOHN R. RYAN, BRADLEY E. SHUMAKER AND DAVID ALTMAN PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN 2019 AND MADE CONTRIBUTIONS OF $19,000 EACH DURING THE YEAR. PART I, LINE 7 THE CENTER HAS A DISCRETIONARY PERFORMANCE INCENTIVE PLAN FOR MANAGEMENT AND STAFF. INCENTIVE BONUSES CAN BE AWARDED ANNUALLY IF THE CENTER MEETS CERTAIN PERFORMANCE OBJECTIVES. BONUSES UNDER THE PLAN ARE SUBJECT TO APPROVAL BY THE BOARD OF GOVERNORS. FORM 990, PART I, ORGANIZATION MISSION: THE MISSION OF THE CENTER FOR CREATIVE LEADERSHIP (CCL) IS TO ADVANCE THE UNDERSTANDING, PRACTICE, AND DEVELOPMENT OF LEADERSHIP FOR THE BENEFIT OF SOCIETY WORLDWIDE. WE CONDUCT RESEARCH, PRODUCE PUBLICATIONS AND PROVIDE A BROAD VARIETY OF EDUCATIONAL PROGRAMS AND PRODUCTS TO LEADERS AND ORGANIZATIONS IN THE PUBLIC, CORPORATE AND NONPROFIT SECTORS. FOR OVER 50 YEARS, CCL HAS HELPED INDIVIDUALS AND ORGANIZATIONS UNLOCK THEIR POTENTIAL THROUGH AN EXCLUSIVE FOCUS ON LEADERSHIP AND RESEARCH. OUR ESTEEMED FACULTY OF BEHAVIORAL SCIENTIST, RESEARCHERS AND COACHES OFFER UNPARALLELED EXPERTISE IN ADDRESSING LEADERSHIP CHALLENGES GLOBALLY. WE BELIEVE LEADERS ARE MADE - NOT BORN - AND THAT THEY CAN ADAPT AND CHANGE. WE BELIEVE IN PUTTING THE INDIVIDUALS AND ORGANIZATIONS WE SERVE FIRST. OUR NONPROFIT STATUS AND EDUCATIONAL MISSION GIVE US UNIQUE FLEXIBILITY IN A WORLD WHERE PROFIT MOTIVES OFTEN DRIVE ACTIONS. WE HAVE THE FREEDOM INSTEAD TO BE OBJECTIVE AND WARY OF SHORT-TERM TRENDS. LIKEWISE, WE HAVE THE FREEDOM TO FOCUS ON THE SUCCESS OF THOSE WE SERVE. OUR RESEARCH AND TRAINING PROGRAMS ARE WIDELY RESPECTED BY SCHOLARS AND PROFESSIONALS ALIKE. EACH YEAR, MORE THAN 50,000 MANAGERS AND EXECUTIVES, EDUCATORS, GOVERNMENT ADMINISTRATORS, COMMUNITY AND VOLUNTEER LEADERS AROUND THE WORLD ATTEND OUR PROGRAMS. OUR PUBLICATIONS, PRODUCTS AND RESEARCH INITIATIVES REACH A GLOBAL AUDIENCE AS WELL AND THE FINANCIAL TIMES AND BUSINESS WEEK HAVE ROUTINELY RANKED CCL AMONG THE WORLD'S TOP PROVIDERS OF EXECUTIVE EDUCATION. FORM 990, PART VI, SECTION A, LINE 2 PETER RICHARDSON, CHAIRMAN OF THE BOARD OF TRUSTEES, IS THE FATHER OF TYLER RICHARDSON AND NICOLAS RICHARDSON WHO ARE ALSO PARTICIPANTS ON THE BOARD OF TRUSTEES. PETER RICHARDSON, CHAIRMAN OF THE BOARD OF TRUSTEES AND WINBURNE KING, TRUSTEE, ARE BOTH OFFICERS OF MOORINGS CAPITAL LCC, AN INVESTMENT COMPANY. AS OF MARCH 31, 2020, THE CENTER MAINTAINED A PARTNERSHIP INTEREST OF 10% IN MOORINGS CAPITAL LLC ("MOORINGS"). MOORINGS IS AN INVESTMENT PARTNERSHIP LOCATED IN GREENSBORO, NC, AND WAS FORMED TO HANDLE INVESTMENTS FOR THE CENTER FOR CREATIVE LEADERSHIP AND OTHER IRC SECTION 501 (C) (3) TAX-EXEMPT ENTITIES. THE PURPOSE FOR INVESTING IN MOORINGS IS TO POOL THE CENTER'S INVESTMENTS WITH THE INVESTMENTS OF OTHER IRC SECTION 501 (C) (3) ENTITIES. BY CREATING A LARGER INVESTMENT POOL, THE TAX-EXEMPT ENTITIES IN MOORINGS HOPE TO IMPROVE THEIR OVERALL INVESTMENT RETURNS AND REDUCE THE OVERALL AMOUNT OF INVESTMENT ADVISORY FEES PAID. THE CENTER STILL MAINTAINS CONTROL OVER ITS ASSETS CONTRIBUTED TO MOORINGS AND DIRECTS THE INVESTMENT OF THOSE ASSETS. THE CENTER MAY WITHDRAW ITS ASSETS FROM THE LLC AT ANY TIME. ACCORDING TO THE OPERATIONS AGREEMENT OF MOORINGS, ONLY ENTITIES EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501 (C) (3) ARE ALLOWED TO BE MEMBERS OF THE LLC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, RESPONSES TO THE CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE ARE REVIEWED AND ANY INSTANCES OF POTENTIAL CONFLICT ARE INVESTIGATED. IN ADDITION, THE CENTER HAS ESTABLISHED POLICIES THAT PROHIBIT ACTIONS THAT COULD LEAD TO POTENTIAL CONFLICTS. THE CENTER'S MANAGEMENT ACTIVELY REVIEWS THROUGHOUT THE YEAR ANY ACTION THAT COULD CREATE A POTENTIAL CONFLICT OF INTEREST AND INVESTIGATES APPROPRIATELY. FORM 990, PART VI, SECTION B, LINE 15 15) ANNUALLY, THE CENTER'S CHIEF HUMAN RESOURCE OFFICER MEETS WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS TO REVIEW THE SALARIES OF THE PRESIDENT AND OFFICERS. THIS REVIEW INCLUDES AN ANALYSIS OF SALARY HISTORY AND COMPARABLE DATA. COMPENSATION AMOUNTS ARE DETERMINED SOLELY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS WHO ARE INDEPENDENT PARTIES. FORM 990, PART VI, SECTION C, LINE 19 THE CENTER'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE SET FORTH IN SECTION 6104(D). FORM 990, PART VI, SECTION A, LINE 1A, GOVERNING BODIES: THE CENTER FOR CREATIVE LEADERSHIP HAS TWO SETS OF GOVERNING BODIES; BOARD OF TRUSTEES AND BOARD OF GOVERNORS. AS OF MARCH 31, 2020, THE BOARD OF TRUSTEES CONSISTED OF EIGHT INDIVIDUALS, FOUR OF WHOM WERE ALSO PARTICIPANTS ON THE BOARD OF GOVERNORS. THE BOARD OF GOVERNORS WAS COMPRISED OF SIXTEEN ADDITIONAL INDIVIDUALS. THE BOARD OF TRUSTEES HAVE THE SOLE AUTHORITY TO: ELECT THE TRUSTEES, ELECT THE GOVERNORS, ELECT THE PRESIDENT, ADOPT AND AMEND BYLAWS, MANAGE THE REAL AND PERSONAL PROPERTY, SELECT THE AUDITORS, SET COMPENSATION OF TRUSTEES AND GOVERNORS AND APPROVE ANY INDEBTEDNESS. THE BOARD OF GOVERNORS HAS ALL OTHER OVERSIGHT AUTHORITY EXCEPT FOR THE ITEMS RESERVED FOR THE TRUSTEES. FORM 990, PART VI, SECTION A, LINE 1B, NON-INDEPENDENT VOTING MEMBER: JOHN RYAN, A MEMBER OF THE BOARD OF GOVERNORS, IS ALSO PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE CENTER FOR CREATIVE LEADERSHIP. FORM 990, PART VI, SECTION B, LINE 10A, ORGANIZATIONAL BRANCHES: THE CENTER FOR CREATIVE LEADERSHIP OPERATES CAMPUSES IN GREENSBORO, NORTH CAROLINA; COLORADO SPRINGS, COLORADO; SAN DIEGO, CALIFORNIA; AND BRUSSELS, BELGIUM; OPERATES WHOLLY OWNED SUBSIDIARIES IN GURGAON, INDIA; ADDIS ABABA, ETHIOPIA; SINGAPORE; LONDON, UNITED KINGDOM; MARKTOBERDORF, GERMANY; AND MOSCOW, RUSSIA; AND OPERATES A 70% OWNED SINGAPORE JOINT VENTURE TO PROVIDE SERVICES TO CHINA AND A 75% OWNED SUBSIDIARY IN JOHANNESBURG, SOUTH AFRICA. FORM 990, PART VII, SECTION A: CCL HAS OFFICES LOCATED IN FOREIGN COUNTRIES WITH RESTRICTIVE LAWS REGARDING COMPENSATION DISCLOSURE. CCL HAS NOT DISCLOSED THAT FOREIGN COMPENSATION IN PART VII. THIS INFORMATION IS AVAILABLE TO THE IRS UPON REQUEST. FORM 990, PART VIII, LINE 7(I), SALES OF ASSETS OTHER THAN INVENTORY: SALES OF SECURITIES SHOWN ON FORM 990, PART VIII, LINE 7(I) ARE THE RESULT OF SALES OF INVESTMENTS OF MOORINGS CAPITAL, LLC. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR EARNINGS FROM MOORINGS CAPITAL LLC K-1 -5,211,979. SUBSIDIARIES NET INCOME -949,245. FOREIGN CURRENCY TRANSLATION ADJUSTMENT -295,567. 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