2018-07-06T11:44:58-07:00 2017-12-31 Michael J Roberts CPA LLC 135 W Geneva St Elkhorn WI 53121 990 2017-01-01 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 2018-04-18 true MICHAEL J ROBERTS P01309437 2627236497 2018-07-06 X 2017 2022-09-23 18:48:47Z THOMAS TERRY 415 E North Water Street Apt 2705 Chicago IL 60611 3834302 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 38 278 0 598618 840648 3208951 2966551 0 16947 27103 3824516 3834302 0 0 1300394 1387607 0 307941 2453607 2315451 3754001 3703058 70515 131244 3894044 4038722 102162 115596 3791882 3923126 See Part I, Line 1. false false 3067403 2943303 TEACHING & EDUCATION ACTIVITIES. 3067403 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 false false false false false false false true true true true false false false false true false false true 13 0 true 38 true false false false false false true 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 JACQUELINE DAVILA 3126458300 445 E Ohio St 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 144000 0 0 DR ROBERT WRIGHT CEO & Director 40.00 X 144000 0 0 DR MICHAEL ZWELL Chancellor and Faculty 40.00 X 60000 0 0 ARTHUR SILVER Director 1.00 X 0 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 348000 2 false false false 840648 840648 Interest Revenue on Loans 900099 19153 Program Services Revenues 900099 2626312 Graduation & application fees 611310 Tuition 611310 316991 Miscellaneous 900099 4095 2966551 Gain on sale of donated stock 900099 27103 27103 27103 3834302 2993654 288000 288000 0 0 959738 959738 0 0 139869 139869 0 0 15911 7956 7955 0 19632 9816 9816 0 42561 14187 14187 14187 114093 38031 38031 38031 83848 27949 27949 27950 348342 348342 0 0 32533 32533 0 0 88 29 30 29 40787 40787 0 0 32593 16297 16296 0 Audio Visual 8100 8100 0 0 Decorations 0 0 0 0 Entertainment 0 0 0 0 Tuition Option Fees 2961 2961 0 0 1574002 1132808 213450 227744 3703058 3067403 327714 307941 618132 998666 506655 397182 6085 8797 65359 47468 69797 39000 228555 66550 181770 162005 246908 203624 2199338 2181980 3894044 4038722 71953 105339 14542 10257 15667 102162 115596 X 3791882 3923126 3791882 3923126 3894044 4038722 131244 X false true X true false X 0 0 0 229486 502558 346619 598618 840648 2517929 189701 297498 582896 3208951 2962456 7241502 1038475 900000 1938475 1457662 800056 1829515 3807569 3803104 11697906 1271317 497904 1182661 564608 918747 4435237 53475 7802 57625 74888 193790 1271317 551379 1190463 622233 993635 4629027 7068879 1285 767 2052 1285 767 2052 11699958 0.60420 0.47210 0.00020 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 145311 14597 130714 83244 51953 31291 162005 3834301 3834301 1 1 3834302 3703057 3703057 1 1 3703058 Pt XI, Line 4b Rounding. Pt XII, Line 4b Rounding. The Center Inc See Schedule L Part V 148300 Taxpayer paid rents false Wright Business Inc See Schedule L Part V 90000 Taxpayer paid consulting expenses false ARTHUR SILVER Arthur is current Director 203624 See Part V false ARTHUR SILVER Arthur is current Director 15050 See Part V false DON DENISE DELVES Don is current Director 25900 See Part V false Lyons Consulting Group See Part V 13370 See Part V false JOHN JACKI DAVIDOFF John-director, married to Jacki 65264 See Part V false SCOTT JENNIFER STEPHEN Scott is current director 46536 See Part V false KAREN WILSON-SMITHBAUER Karen is current director 12500 See Part V false TOM KAREN TERRY Tom is current director 213342 See Part V false RICHARD GERTRUDE LYONS Rich is current director 217554 See Part V false STAN SMITH Stan is current director 44559 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 12, column d Taxpayer received donations and program service revenues. X 1 203624 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 2 Karen Wilson Smithbauer (Board Member) is the mother of another Board member (Rich Lyons). 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 5837. 5837. 0. 0. Form 990, Part IX, Line 24e Software Leases 23333. 23333. 0. 0. Form 990, Part IX, Line 24e Work Study 0. 0. 0. 0. Form 990, Part IX, Line 24e Website 13519. 4506. 4507. 4506. Form 990, Part IX, Line 24e Donations & gifts 10122. 3374. 3374. 3374. Form 990, Part IX, Line 24e Accreditation 94172. 94172. 0. 0. Form 990, Part IX, Line 24e Repairs & Maintenance 2017. 673. 672. 672. Form 990, Part IX, Line 24e Mentoring Fees 1500. 1500. 0. 0. Form 990, Part IX, Line 24e Instructional Expenses 0. 0. 0. 0. Form 990, Part IX, Line 24e Chancellor Salary 60000. 60000. 0. 0. Form 990, Part IX, Line 24e Faculty Salaries 58091. 58091. 0. 0. Form 990, Part IX, Line 24e Health Insurance 97965. 97965. 0. 0. Form 990, Part IX, Line 24e Consulting 90000. 90000. 0. 0. Form 990, Part IX, Line 24e Licenses & Fees 4014. 1338. 1338. 1338. Form 990, Part IX, Line 24e Miscellaneous 23173. 7724. 7724. 7725. Form 990, Part IX, Line 24e Outside Contract Services 45638. 15212. 15213. 15213. Form 990, Part IX, Line 24e Staff Development 0. 0. 0. 0. Form 990, Part IX, Line 24e Computer & Internet 107453. 35818. 35818. 35817. Form 990, Part IX, Line 24e Merchant Processing Fee 87924. 29308. 29308. 29308. Form 990, Part IX, Line 24e Bank Service Charges 385. 193. 192. 0. Form 990, Part IX, Line 24e Books, Dues & Subscriptions 46593. 46593. 0. 0. Form 990, Part IX, Line 24e Moving, Storage & Equipment Rental 120. 60. 60. 0. Form 990, Part IX, Line 24e Telephone & Internet 68707. 22903. 22902. 22902. Form 990, Part IX, Line 24e Meals & Entertainment 4056. 1352. 1352. 1352. Form 990, Part IX, Line 24e Other Program Expense 144865. 144865. 0. 0. Form 990, Part IX, Line 24e Automobile Expense 10730. 10730. 0. 0. Form 990, Part IX, Line 24e Utilities 11521. 3841. 3840. 3840. Form 990, Part IX, Line 24e Taxes 0. 0. 0. 0. Form 990, Part IX, Line 24e Fundraising 101697. 0. 0. 101697. Form 990, Part IX, Line 24e Program Supples, Meals & Expenses 143017. 143017. 0. 0. Form 990, Part IX, Line 24e Payroll Processing Fees 3149. 3149. 0. 0. Form 990, Part IX, Line 24e Work Study & Fellowship 81736. 81736. 0. 0. Form 990, Part IX, Line 24e Human Resource Expenses 17742. 17742. 0. 0. Form 990, Part IX, Line 24e Employee Training & Development 8712. 8712. 0. 0. Form 990, Part IX, Line 24e Graduation Expenses 19611. 19611. 0. 0. Form 990, Part IX, Line 24e Other NonCredit Expenses 12303. 12303. 0. 0. Form 990, Part IX, Line 24e Property Taxes 174300. 87150. 87150. 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 43973 Per invoice Wright Graduate Institute d 3495 Per invoice The Center Inc k 148300 Per invoice Wright Business Inc l 90000 Per invoice The Center Inc p 1652 Per invoice Wright Business Inc p Per invoice