2017-08-15T11:00:40-07:00 2016-12-31 Michael J Roberts CPA LLC 135 W Geneva St Elkhorn WI 53121 990 2016-01-01 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 2017-04-20 true MICHAEL J ROBERTS 2627236497 2017-08-15 X 66.222.52.141 2017-08-15 11:00:31 PD P 2F87C4943958124D990ACCE9C2B3EA15CCE559EE B2CBB978A5B3C00E3A5830A3BF2EB25DA32D2185 2016 2021-01-29 14:40:06Z THOMAS TERRY 415 E North Water Street Apt 2705 Chicago IL 60611 3824516 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, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under said Section 501(c)(3) of the Internal Revenue Code of 1986. 11 9 47 278 0 338619 598618 514973 3208951 0 975923 16947 1829515 3824516 0 0 1300394 0 318657 822118 2453607 822118 3754001 1007397 70515 3861293 3894044 139926 102162 3721367 3791882 See Part I, Line 1. false false 3104760 3189606 TEACHING & EDUCATION ACTIVITIES. 3104760 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 false true 0 0 true 47 true false false false false false true false false false false false X 11 9 true false true 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 X 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 120000 0 0 DR ROBERT WRIGHT CEO & Director 40.00 X 120000 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 300000 2 false false false 598618 598618 Interest Revenue on Loans 900099 19345 Program Services Revenues 900099 2799253 Graduation & application fees 611310 5 Tuition 611310 390348 Symposium 900099 3208951 Gain on sale of donated stock 900099 16947 16947 16947 3824516 3225898 240000 240000 0 0 926912 926912 0 0 133482 133482 0 0 59819 29910 29909 0 13839 6920 6919 0 6413 2138 2138 2137 218210 72737 72736 72737 113992 37998 37997 37997 441640 441640 0 0 114931 114931 0 0 128 43 43 42 39346 39346 0 0 21017 10508 10509 0 Audio Visual 6701 6701 0 0 Decorations 0 0 0 0 Entertainment 0 0 0 0 Tuition Option Fees 2915 2915 0 0 1414656 1038579 170333 205744 3754001 3104760 330584 318657 362793 618132 334080 472151 506655 1908 6085 5719 65359 80600 69797 224892 43122 188404 181770 201190 246908 2214448 2199338 3861293 3894044 29339 71953 14542 110587 15667 139926 102162 X 3721367 3791882 3721367 3791882 3861293 3894044 X 70515 X false true X true false X 0 0 0 1530462 229486 502558 346619 598618 3207743 405328 189701 297498 582896 3208951 4684374 12027 1038475 900000 1950502 1947817 1457662 800056 1829515 3807569 9842619 1482830 1271317 497904 1182661 564608 4999320 76169 53475 7802 57625 195071 1558999 1271317 551379 1190463 622233 5194391 4648228 2015 1285 767 4067 2015 1285 767 4067 9846686 0.47210 0.00040 0.00090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 145311 8406 136905 79581 34716 44865 181770 The Center Inc See Schedule L Part V 155900 Taxpayer paid rents false Wright Business Inc See Schedule L Part V 90000 Taxpayer paid consulting expenses false ARTHUR SILVER Arthur is current Director 246908 See Part V false ARTHUR SILVER Arthur is current Director 38550 See Part V false DON DENISE DELVES Don is current Director 41185 See Part V false Lyons Consulting Group Part IV line 39145 See Part V false JOHN JACKI DAVIDOFF John-director, married to Jacki 47056 See Part V false SCOTT JENNIFER STEPHEN Scott is current director 49225 See Part V false KAREN WILSON-SMITHBAUER Karen is current director 60000 See Part V false TOM KAREN TERRY Tom is current director 53074 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 7 Richard Lyons, a current Director, is the CEO & President of Lyons Consulting Group. Part II line 2b Taxpayer's President and CEO are Wright Business Inc.'s shareholders. Part II line 3b Taxpayer's President and CEO are Wright Graduate Institute Inc.'s shareholders. Part II line 4b Taxpayer's President and CEO are Wright Business Inc.'s shareholders. Part II line 4c Taxpayer owed Wright Business Inc. consulting fees of $16,667 and $93,920 for 2015 funds held in Taxpayer's bank account that belonged to Wright Business Inc. Part IV column d of lines 3 through 10 Taxpayer received donations and porgram service revenues. X 1 246908 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 VII, Col (F) 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 XI Line 9 includes $1 rounding. 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 4 Taxpayer amended their Articles of Incorporation and amended their Bylaws. 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 959. 959. 0. 0. Form 990, Part IX, Line 24e Software Leases 23347. 23347. 0. 0. Form 990, Part IX, Line 24e Work Study 0. 0. 0. 0. Form 990, Part IX, Line 24e Website 59270. 19757. 19756. 19757. Form 990, Part IX, Line 24e Donations & gifts 9514. 3171. 3172. 3171. Form 990, Part IX, Line 24e Accreditation 90677. 90677. 0. 0. Form 990, Part IX, Line 24e Repairs & Maintenance 6474. 2158. 2158. 2158. Form 990, Part IX, Line 24e Mentoring Fees 1280. 1280. 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 60860. 60860. 0. 0. Form 990, Part IX, Line 24e Health Insurance 120029. 120029. 0. 0. Form 990, Part IX, Line 24e Consulting 90000. 90000. 0. 0. Form 990, Part IX, Line 24e Licenses & Fees 154. 51. 52. 51. Form 990, Part IX, Line 24e Miscellaneous 12372. 4124. 4124. 4124. Form 990, Part IX, Line 24e Outside Contract Services 114570. 38190. 38190. 38190. Form 990, Part IX, Line 24e Staff Development 0. 0. 0. 0. Form 990, Part IX, Line 24e Computer & Internet 118489. 39497. 39496. 39496. Form 990, Part IX, Line 24e Merchant Processing Fee 81707. 27236. 27235. 27236. Form 990, Part IX, Line 24e Bank Service Charges 4632. 2316. 2316. 0. Form 990, Part IX, Line 24e Books, Dues & Subscriptions 75635. 75635. 0. 0. Form 990, Part IX, Line 24e Moving, Storage & Equipment Rental 4530. 2265. 2265. 0. Form 990, Part IX, Line 24e Telephone & Internet 67628. 22543. 22543. 22542. Form 990, Part IX, Line 24e Meals & Entertainment 16933. 5644. 5644. 5645. Form 990, Part IX, Line 24e Pilgrimage 122843. 122843. 0. 0. Form 990, Part IX, Line 24e Automobile Expense 4157. 4157. 0. 0. Form 990, Part IX, Line 24e Utilities 10145. 3382. 3382. 3381. Form 990, Part IX, Line 24e Taxes 0. 0. 0. 0. Form 990, Part IX, Line 24e Fundraising 39993. 0. 0. 39993. Form 990, Part IX, Line 24e Program Supples, Meals & Expenses 122773. 122773. 0. 0. Form 990, Part IX, Line 24e Payroll Processing Fees 4504. 4504. 0. 0. Form 990, Part IX, Line 24e Work Study & Fellowship 66910. 66910. 0. 0. Form 990, Part IX, Line 24e Human Resource Expenses 16470. 16470. 0. 0. Form 990, Part IX, Line 24e Employee Training & Development 7801. 7801. 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 true false false false false false true true false false false true false false false Wright Business Inc d 59640 Per invoice Wright Graduate Institute d 5719 Per invoice Wright Business Inc e 15667 Per invoice The Center Inc k 155900 Per invoice Wright Business Inc l 90000 Per invoice The Center Inc p 12077 Wright Business Inc p 2025