2018-07-13T16:19:08-05:00 2017-08-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2016-09-01 465612548 INTERNATIONAL LEADERSHIP OF TEXAS-GLOBAL INTE 9724799078 1820 N GLENVILLE DR NO 100 RICHARDSON TX 75081 EDWARD G CONGER PRESIDENT/CEO 9724799078 2018-07-13 1 SHARON M HERWALD CPA P00079864 2547724901 2016 2022-09-23 18:48:47Z EDWARD G CONGER 1820 N GLENVILLE DR NO 100 RICHARDSON TX 75081 1749985 0 X WWW.ILTEXASDISTRICT.ORG/ILTEXAS-GLOBAL X 2014 TX THE ORGANIZATION'S MISSION IS TO ENRICH, STRENGTHEN, ENHANCE, AND SUPPORT THE ADVANCEMENT OF INTERNATIONAL AMERICAN EDUCATION FEDERATION, INC., A NONPROFIT CORPORATION AND TEXAS OPEN-ENROLLMENT CHARTER SCHOOL OPERATOR, BY ENGAGING IN FUNDRAISING AND OTHER CHARITABLE ACTIVITIES. 3 1 14 0 0 0 150000 17535 189210 1732450 0 0 0 0 339210 1749985 0 100959 0 0 105985 470311 0 0 0 179121 1469549 285106 2040819 54104 -290834 1423157 2306081 1369053 2542811 54104 -236730 X THE ORGANIZATION'S MISSION IS TO ENRICH, STRENGTHEN, ENHANCE, AND SUPPORT THE ADVANCEMENT OF INTERNATIONAL AMERICAN EDUCATION FEDERATION, INC., A NONPROFIT CORPORATION AND TEXAS OPEN-ENROLLMENT CHARTER SCHOOL OPERATOR, BY ENGAGING IN FUNDRAISING AND OTHER CHARITABLE ACTIVITIES. 1 0 509085 1732450 OPERATION OF A U.S. PRIVATE SCHOOL TO SERVE NINTH THROUGH TWELFTH GRADES WITH A PRIMARY FOCUS OF OFFERING A CHINESE CULTURAL EXCHANGE PROGRAM FOR THE BENEFIT OF STUDENTS IN TEXAS AND CHINA. THE ORGANIZATION PARTNERS WITH INTERNATIONAL LEADERSHIP OF TEXAS OPEN-ENROLLMENT CHARTER SCHOOLS TO FURTHER SUPPORT AND FACILITATE CROSS CULTURAL EDUCTIONAL MODELS AND METHODS. 100959 100959 OPERATION OF A BENEVOLENCE FUND SUPPORTED BY CONTRIBUTIONS. DURING THE FISCAL YEAR ENDED AUGUST 31, 2017, FUNDS WERE EXPENDED FOR DISPLACED EMPLOYEES, STUDENTS AND FAMILIES DUE TO HURRICANE HARVEY AND TO ONE EMPLOYEE FOR AN EDUCATIONAL SCHOLARSHIP. 610044 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 14 1 0 1 CH 0 0 0 0 0 0 X 3 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X JERRY W MCCREIGHT 9724799078 1820 N GLENVILLE DR NO 100 RICHARDSON TX 75081 EDWARD G CONGER PRESIDENT & CEO 5.50 40.00 X X 0 138625 838 CURTIS DONALDSON VICE PRESIDENT 0.50 X X 0 0 0 JERRY W MCCREIGHT SECRETARY 0.50 40.00 X X 0 98742 4855 0 237367 5693 0 0 0 0 0 17535 17535 INTERNATIONAL TUITION 611110 1540482 1540482 LOCAL TUITION 611110 191968 191968 1732450 1749985 1732450 0 0 100959 100959 441717 15000 426717 28594 28594 74102 74102 172358 63137 109221 474919 474919 61549 40775 20774 46085 43085 3000 121140 17997 103143 69135 69135 10000 10000 60757 60757 BAD DEBTS 171241 171241 STUDENT FOOD COSTS 125371 125371 STUDENT TUITION 64004 64004 MISCELLANEOUS 9824 9824 9064 9064 2040819 610044 1430775 0 478092 1323993 945065 223002 759086 1423157 2306081 151242 414143 1217811 2124198 0 4470 1369053 2542811 X 54104 -236730 54104 -236730 1423157 2306081 -290834 0 X 0 1 X 0 1 1 X 150000 17535 167535 189210 1732450 1921660 339210 1749985 2089195 0 0 0 2089195 339210 1749985 2089195 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PAYROLL LIABILITIES 4470 4470 X 99517288 97767303 97767303 1749985 0 1749985 106821704 104780885 104780885 2040819 0 2040819 PART X, LINE 2: FEDERAL INCOME TAX STATUS THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS A PUBLIC CHARITY UNDER 509(A)(1) AND 170(B)(1)(A)(II). THE ORGANIZATION FILES ANNUAL FEDERAL INFORMATION RETURNS THAT ARE SUBJECT TO REOUTINE EXAMINATION; HOWEVER, THERE ARE NO EXAMINATIONS FOR ANY TAX PERIODS CURRENTLY IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTERNATIONAL AMERICAN EDUCATION FEDERATION REV REPORTED ON SEPARATE RETURN 97,767,303. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERNATIONAL AMERICAN EDUCATION FEDERATION EXP REPORTED ON SEPARATE RETURN 104,780,885. 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 INTERNATIONAL LEADERSHIP OF TEXAS-GLOBAL OPERATES A PRIVATE SCHOOL THAT PARTNERS WITH INTERNATIONAL LEADERSHIP OF TEXAS OPEN-ENROLLMENT CHARTER SCHOOL. PUBLIC SCHOOLS IN TEXAS MAY NOT RACIALLY DISCRIMINATE. THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN ITS BYLAWS, A COPY OF WHICH IS AVAILABLE FOR PUBLIC INSPECTION. 1 SCHOLARSHIP 1 6000 DISPLACEMENT GRANTS 94959 PART I, LINE 2: RECIPIENTS ARE SELECTED BY THE BOARD OF DIRECTORS BASED ON NEED. RECIPIENTS OF DISPLACEMENT GRANTS RECEIVE FOLLOW-UP MONITORING. SCHOLARSHIP RECIPIENTS' FUNDS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION. FORM 990, PART III, LINE 2 THE ORGANIZATION STARTED A BENEVOLENCE FUND FOR EMPLOYEES, STUDENTS AND THEIR FAMILIES FUNDED BY CONTRIBUTIONS. RECIPIENTS ARE SELECTED BY THE BOARD OF DIRECTORS BASED ON NEED. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE ASKED TO ATTEST AT LEAST TWICE PER YEAR THAT THEY HAVE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 A GUIDESTAR NON-PROFIT COMPENSATION REPORT IS OBTAINED AND USED TO SET SALARIES BASED ON COMPARABLE ORGANIZATIONS IN THE AREA. ALL SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST. FORM 926 - STATEMENT PURSUANT TO SECTION 1.351-3(A) INTERNATIONAL LEADERSHIP OF TEXAS - GLOBAL FEIN: 46-5612548 FOR TAX YEAR ENDED: 8.31.2017 STATEMENT PURSUANT TO 1.351-3(A) BY INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI, A SIGNIFICANT TRANSFEREE (1) THE NAME AND EMPLOYER IDENTIFICATION NUMBER (IF ANY) OF THE TRANSFEREE CORPORATION: NAME: INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI EIN: FOREIGNUS (2) THE DATE(S) OF THE TRANSFER(S) OF ASSETS: MARCH 16, 2017 (3) THE FAIR MARKET VALUE AND BASIS OF THE PROPERTY TRANSFERRED BY SUCH TRANSFEROR IN THE EXCHANGE, DETERMINED IMMEDIATELY BEFORE THE TRANSFER AND AGGREGATED AS FOLLOWS: (I) IMPORTATION PROPERTY TRANSFERRED IN A LOSS IMPORTATION TRANSACTION, AS DEFINED IN 1.362-3(C)(2) AND (3), RESPECTIVELY: FMV: USD NONE BASIS: USD NONE (II) LOSS DUPLICATION PROPERTY AS DEFINED IN 1.362-4(G)(1): FMV: USD NONE BASIS: USD NONE (III) PROPERTY WITH RESPECT TO WHICH ANY GAIN OR LOSS WAS RECOGNIZED ON THE TRANSFER (WITHOUT REGARD TO WHETHER SUCH PROPERTY IS ALSO IDENTIFIED IN PARAGRAPH (3)(I) OR (II)): FMV: USD NONE BASIS: USD NONE (IV) PROPERTY NOT DESCRIBED IN PARAGRAPH (3)(I), (II), OR (III): FMV: USD 10,000 BASIS: USD 10,000 (4) THE DATE AND CONTROL NUMBER OF ANY PRIVATE LETTER RULING(S) ISSUED BY THE INTERNAL REVENUE SERVICE IN CONNECTION WITH THE SECTION 351 EXCHANGE: NO PRIVATE LETTER RULINGS WERE ISSUED WITH RESPECT TO THE SECTION 351 EXCHANGE. THIS STATEMENT ALSO FULFILLS THE REQUIREMENTS OF 1.351-3(B). FORM 5471 - STATEMENT FILED PURSUANT TO TREAS REG SECTION 1.367(B)-1(C) INTERNATIONAL LEADERSHIP OF TEXAS - GLOBAL FEIN: 46-5612548 FOR TAX YEAR ENDED: AUGUST 31, 2017 THIS STATEMENT IS ATTACHED TO AND MADE PART OF FORM 5471 INFORMATION RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN CORPORATIONS STATEMENT FILED PURSUANT TO TREAS. REG. SECTION 1.367(B)-1(C) (I) ON MARCH 16, 2017 INTERNATIONAL LEADERSHIP OF TEXAS - GLOBAL WAS AN EXCHANGING SHAREHOLDER IN AN EXCHANGE DESCRIBED IN SECTION 367(B). (II) AT THE TIME OF THE TRANSACTION, INTERNATIONAL LEADERSHIP OF TEXAS - GLOBAL, A U.S. CORPORATION, OWNED 100% OF INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI A CONTROLLED FOREIGN CORPORATION FOR U.S. FEDERAL INCOME TAX PURPOSES WHICH WAS INCORPORATED UNDER THE LAWS OF CHINA. ON MARCH 16, 2017 INTERNATIONAL LEADERSHIP OF TEXAS - GLOBAL MADE A CAPITAL CONTRIBUTION TO INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI, A CONTROLLED FOREIGN CORPORATION FOR U.S. FEDERAL INCOME TAX PURPOSES WHICH WAS INCORPORATED UNDER THE LAWS OF CHINA. THIS TRANSFER QUALIFIES AS A SECTION 351 TAX FREE TRANSFER. (III) ON MARCH 16, 2017, INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI MADE A CAPITAL CONTRIBUTION TO INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI IN EXCHANGE FOR STOCK IN INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI. THE FAIR MARKET VALUE OF THE ASSETS CONTRIBUTED IMMEDIATELY BEFORE THE EXCHANGE WAS USD 10,000 AND THE AGGREGATE BASIS OF THE ASSETS TRANSFERRED IMMEDIATELY BEFORE THE EXCHANGE WAS USD 10,000. (IV) NOT APPLICABLE. (V) SEE THE SECTION 351 STATEMENT INCLUDED WITH THIS RETURN. (VI) SEE THE FORM 5471 (INCLUDING SCHEDULE O) INCLUDED WITH THIS RETURN. (VII) TREAS. REG. SEC. 1.367(B)-3(C)(3) IS NOT APPLICABLE TO THIS EXCHANGE. STATEMENT FILED PURSUANT TO TREAS REG SEC 1.6038B-1(C) & 1.6038B-1T(C) INTERNATIONAL LEADERSHIP OF TEXAS - GLOBAL EIN: 46-5612548 TAXABLE YEAR ENDING AUGUST 31, 2017 STATEMENT PURSUANT TO TREASURY REGULATION SECTIONS 1.6038B-1(C) AND 1.6038B-1T(C) (1) NAME OF U.S. TRANSFEROR: EIN: ADDRESS: INTERNATIONAL LEADERSHIP OF TEXAS - GLOBAL 46-5612548 1810 N GLENVILLE DR., RICHARDSON, TX 75081 (2) NAME OF FOREIGN TRANSFEREE: EIN: ADDRESS: COUNTRY OF INCORPORATION: INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI FOREIGNUS ROOM 4033, FL 40, NO 8, YIN CHENG ZHONG RD, PU DONG NEW DISTRICT, SHANGHAI CHINA CHINA ON MARCH 16, 2017 INTERNATIONAL LEADERSHIP OF TEXAS - GLOBAL CONTRIBUTED CASH TO INTERNATIONAL LEADERSHIP OF TEXAS SHANGHAI IN EXCHANGE FOR SHARES THEREIN. (3) THE FOLLOWING CONSIDERATION WAS RECEIVED BY THE U.S. TRANSFEROR: DESCRIPTION ESTIMATED FAIR MARKET VALUE COMMON STOCK $10,000 USD (4) THE FOLLOWING PROPERTY WAS TRANSFERRED BY THE U.S. TRANSFEROR TO THE FOREIGN TRANSFEREE: (I) ACTIVE TRADE OR BUSINESS PROPERTY NOT APPLICABLE (II) STOCK OR SECURITIES NOT APPLICABLE (III) DEPRECIATED PROPERTY NOT APPLICABLE (IV) PROPERTY TO BE LEASED NOT APPLICABLE (V) PROPERTY TO BE SOLD NOT APPLICABLE (VI) TRANSFERS TO FSCS NOT APPLICABLE (VII) TAINTED PROPERTY NOT APPLICABLE (VIII) FOREIGN LOSS BRANCH NOT APPLICABLE (IX) OTHER INTANGIBLES NOT APPLICABLE (5) THE FOLLOWING PROPERTY OF A FOREIGN BRANCH WITH PREVIOUSLY DEDUCTED LOSSES SUBJECT TO THE RULES OF 1.367(A)-6T WAS TRANSFERRED BY THE U.S. TRANSFEROR TO THE FOREIGN TRANSFEREE: NOT APPLICABLE. (6) THE TRANSFER OF PROPERTY BY THE U.S. TRANSFEROR TO THE TRANSFEREE FOREIGN CORPORATION IS AN EXCHANGE DESCRIBED IN SECTION 361(A). THE CONDITIONS SET FORTH IN THE SECOND SENTENCE OF SECTION 367(A)(5), AND ANY REGULATIONS UNDER THAT SECTION, HAVE BEEN SATISFIED. THE FOLLOWING ADJUSTMENTS TO BASIS, OR OTHER ADJUSTMENTS, HAVE BEEN MADE: NOT APPLICABLE. IL TEXAS SHANGHAI CH INTERNATIONAL LEADERSHIP OF TEXAS-GLOBAL IL TEXAS CHINA CH IL TEXAS SHANGHAI - 60 INTEREST INTERNATIONAL AMERICAN EDUCATION FEDERATION INC 1820 N GLENVILLE DRIVE RICHARDSON TX 75081 274549127 OPEN-ENROLLMENT CHARTER SCHOOL TX 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 INTERNATIONAL AMERICAN EDUCATION FEDERATION INC S 563615 ACV