2019-07-02T07:58:25-07:00 2018-12-31 Michael J Roberts CPA LLC 135 W Geneva St Elkhorn WI 53121 990 2018-01-01 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 2019-04-25 true Michael J Roberts P01309437 2627236497 2019-07-02 X 141.126.177.93 2019-07-02 07:58:15 PD P A7ECC901EA8B8F36B6C4D5092430A47062CB8DDF B254D82925D5275049E3C6F5E931C9ED5A09C5E8 2018 2019-02-21 02:37:17Z Thomas Terry 415 E North Water Street Apt 2705 Chicago IL 60611 4303293 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, 11 9 45 278 0 0 840648 1119442 2966551 3178013 0 27103 5838 3834302 4303293 0 0 1387607 1641455 0 375490 2315451 2405543 3703058 4046998 131244 256295 4038722 4607584 115596 428163 3923126 4179421 See Part I, Line 1. false false 3329135 0 3157093 Teaching & education activities. 3329135 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false true false false false false false true true true true false false false false true false false false true 54 0 true 45 true false false false false false true false false false false false false false X 11 9 true false false false false false false true true false false true true true true false false true true false IL X Jessica Lee 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 238669 0 0 Dr Robert Wright CEO & Director 40.00 X 47029 0 0 Dr Michael Zwell Chancellor and Faculty 40.00 X 60000 0 0 Scott Stephen Director 1.00 X 0 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 Barbara Burgess Chief Vision Realization Officer 40.00 X 100583 0 0 446281 0 0 2 false true false 1119442 1119442 Interest Revenue on Loans 900099 9535 0 0 Program Services Revenues 900099 2872459 0 0 Graduation & application fees 611310 0 0 0 Tuition 611310 284474 0 0 Miscellaneous 900099 11385 0 0 160 0 0 3178013 Gain on sale of donated stock 900099 0 0 0 0 Unrealized Gain on Donated Stock 900099 5838 5838 0 0 5838 4303293 3183851 0 0 285368 285368 0 0 1186021 1186021 0 0 170066 170066 0 0 31518 15759 15759 0 15686 7843 7843 0 27317 9106 9106 9105 165021 55007 55007 55007 99913 33304 33304 33305 279206 279206 0 0 114557 114557 0 0 35974 35974 0 0 45714 22857 22857 0 Audio Visual 39094 39094 0 0 Decorations 0 0 0 0 Entertainment 0 0 0 0 Tuition Option Fees 2161 2161 0 0 1549382 1072812 198497 278073 4046998 3329135 342373 375490 998666 1140919 397182 521899 8797 12939 47468 27123 39000 29701 379222 85165 162005 294057 203624 416325 2181980 2164621 4038722 4607584 105339 137329 10257 290025 0 809 115596 428163 X 3923126 4179421 3923126 4179421 4038722 4607584 256295 X false true X true false X 0 0 502558 346619 598618 840648 1119442 3407885 297498 582896 3208951 2962456 3177475 10229276 900000 900000 0 800056 1829515 3807569 3803104 4296917 14537161 497904 1182661 564608 918747 1243737 4407657 53475 7802 57625 74888 90150 283940 551379 1190463 622233 993635 1333887 4691597 9845564 767 0 0 0 0 767 767 0 0 0 0 767 14537928 0.67720 0.60420 0.00010 0.00020 X 236705 19388 217317 142517 65777 76740 294057 4303293 4303293 4303293 4062458 15460 15460 4046998 4046998 Pt XI, Line 4b Rounding. Pt XII, Line 4b Rounding. Pt XII, Line 2d Book/tax depreciation difference of $15,459 and rounding of $1. false false false false false false false false false Dr Judith Wright 238669 0 0 0 0 0 0 0 0 0 238669 0 0 0 The Center Inc See Schedule L Part V 180000 Taxpayer paid rents false Wright Business Inc See Schedule L Part V 90000 Taxpayer paid consulting expenses false Arthur Silver Arthur is current Director 206863 See Part V false Arthur Silver Arthur is current Director 0 See Part V false Don Denise Delves Don is current Director 71123 See Part V false Lyons Consulting Group See Part V 40024 See Part V false John Jacki Davidoff John-director, married to Jacki 49808 See Part V false Scott Jennifer Stephen Scott is current director 41044 See Part V false Karen Wilson-Smithbauer Karen is current director 11500 See Part V false Tom Karen Terry Tom is current director 27981 See Part V false Richard Gertrude Lyons Rich is current director 702018 See Part V false Stan Smith Stan is current director 30726 See Part V false Dave Stamm Dave is current director 16750 See Part V false Terry Group See Part V 16275 See Part V false Davidoff Strategy See Part V 15300 See Part V false Sahar Malik See Part V 36589 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 line 6 Richard Lyons, a current Director, is the CEO & President of Lyons Consulting Group. Part IV lines 3 through 16, column d Taxpayer received donations and program service revenues. Part IV line 14, column d Tom Terry, a current Director, is the CEO of the Terry Group. Part IV line 15, column d John Davidoff, a current Director, is the owner of Davidoff Strategy. X 1 206863 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. Form 990, Part IX, Line 24e Bad Debt 24803. 24803. 0. 0. Form 990, Part IX, Line 24e Software Leases 22553. 22553. 0. 0. Form 990, Part IX, Line 24e Website 8815. 2938. 2938. 2939. Form 990, Part IX, Line 24e Donations & gifts 10893. 3631. 3631. 3631. Form 990, Part IX, Line 24e Accreditation and State Licensure 24196. 24196. 0. 0. Form 990, Part IX, Line 24e Title IV Servicing 7740. 7740. 0. 0. Form 990, Part IX, Line 24e Repairs & Maintenance 17459. 5820. 5820. 5819. Form 990, Part IX, Line 24e Mentoring Fees 0. 0. 0. 0. Form 990, Part IX, Line 24e Chancellor Salary 60000. 60000. 0. 0. Form 990, Part IX, Line 24e Faculty Salaries 52889. 52889. 0. 0. Form 990, Part IX, Line 24e Health Insurance 104921. 104921. 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 26464. 26464. 0. 0. Form 990, Part IX, Line 24e Licenses & Fees 6502. 2167. 2168. 2167. Form 990, Part IX, Line 24e Miscellaneous 11164. 3722. 3721. 3721. Form 990, Part IX, Line 24e Outside Contract Services 196626. 65542. 65542. 65542. Form 990, Part IX, Line 24e Computer & Internet 162052. 54017. 54018. 54017. Form 990, Part IX, Line 24e Merchant Processing Fee 88914. 29638. 29638. 29638. Form 990, Part IX, Line 24e Bank Service Charges 644. 322. 322. 0. Form 990, Part IX, Line 24e Books, Dues & Subscriptions 61525. 61525. 0. 0. Form 990, Part IX, Line 24e Moving, Storage & Equipment Rental 470. 235. 235. 0. Form 990, Part IX, Line 24e Telephone & Internet 46267. 15422. 15422. 15423. Form 990, Part IX, Line 24e Meals & Entertainment 781. 260. 260. 261. Form 990, Part IX, Line 24e Other Program Expense 72105. 72105. 0. 0. Form 990, Part IX, Line 24e Automobile Expense 10833. 10833. 0. 0. Form 990, Part IX, Line 24e Utilities 8844. 2948. 2948. 2948. Form 990, Part IX, Line 24e Taxes 0. 0. 0. 0. Form 990, Part IX, Line 24e Fundraising 80134. 0. 0. 80134. Form 990, Part IX, Line 24e Program Supples, Meals & Expenses 153462. 153462. 0. 0. Form 990, Part IX, Line 24e Payroll Processing Fees 4519. 4519. 0. 0. Form 990, Part IX, Line 24e Work Study & Fellowship 107595. 107595. 0. 0. Form 990, Part IX, Line 24e Human Resource Expenses 25624. 25624. 0. 0. Form 990, Part IX, Line 24e Employee Training & Development 25000. 25000. 0. 0. Form 990, Part IX, Line 24e Graduation Expenses 88. 88. 0. 0. Form 990, Part IX, Line 24e Other NonCredit Expenses 0. 0. 0. 0. Form 990, Part IX, Line 24e Property Taxes 0. 0. 0. 0. Form 990, Part IX, Line 24e Transfer Loss 35500. 11833. 11834. 11833. Form 990, Part IX, Line 24e Book/tax difference depreciation 0. 0. 0. 0. Wright Business Inc 445 E Ohio St Suite 400 Chicago IL 60611 454293970 IL NA S 1.00000 false The Center Inc N7698 County Highway H Elkhorn WI 53121 391832022 WI NA S 1.00000 false false false false true false false false false false false true true false false false true false false false Wright Business Inc d 27123 Per invoice Wright Graduate Institute d 0 Per invoice The Center Inc e 809 Per invoice The Center Inc k 180000 Per invoice Wright Business Inc l 90000 Per invoice The Center Inc p 896 Per invoice Wright Business Inc p 0 Per invoice