2013-08-14T10:44:09-07:00 2012-12-31 MICHAEL J ROBERTS CPA 135 W GENEVA ST ELKHORN WI 53121 990 2012-01-01 208991580 FOUNDATION FOR THE REALIZATION OF HUMAN POTENTIAL NFP FOUN 3126458300 445 EAST OHIO ST CHICAGO IL 60611 TOM TERRY 3126458300 2013-04-30 true MICHAEL J ROBERTS 2627236497 2013-08-14 X 2012 2016-02-25 16:41:14Z TOM TERRY 415 E NORTH WATER STREET APT 2705 CHICAGO IL 60611 1949833 false X www.transformleadership.org X 2007 IL To award up to 90% of tuition assistance for indiviudals pursuing educational opportunities at the Wright Graduate Institute for the Realization of Human Potential. The Foundation also offers Master of Arts and Doctorate of Education degrees through the Wright Graduate Institute. 5 2 0 50 0 502 1565007 16832 357152 1184 2015 16451 15659 34969 1939833 0 0 0 0 24157 57345 489361 57345 489361 -22376 1450472 515113 3904504 20198 1959117 494915 1945387 X To award up to 90% of tuition true false 278288 35600 CONDUCT ANNUAL SYMPOSIUM FOR EDUCATIONAL PURPOSES. 76515 2550 TEACHING & GRADUATION ACTIVITIES FROM THE WRIGHT GRADUATE INSTITUTE, INC. 10063 144215 CONDUCT LEADERSHIP AWARD DINNER. 364866 true true false false false false false false false false true false false false true false true false false false false false false false true false false false false false false false false false false true true true false false false false false false false false false true 0 0 true 0 false false false false false true false false false false false X 5 2 true false false false false false false true true false false true false false false false false false IL X CHUCK MUNRO 3126458300 445 E OHIO ST CHICAGO IL 60611 X THOMAS TERRY 1.00 X X 0 0 0 DR STAN SMITH 1.00 X X 0 0 0 JOHN DAVIDOFF 1.00 X X 0 0 0 RICH LYONS 1.00 X 0 0 0 KAREN WILSON SMITHBAUER 1.00 X 0 0 0 DR JUDITH WRIGHT 8.00 X 0 0 0 DR ROBERT WRIGHT 8.00 X 0 0 0 DR MICHAEL ZWELL 4.00 X 36000 0 0 36000 false false false 48177 1516830 1565007 Interest Revenue on Loans 900099 12617 Awards Dinner 900099 144215 Symposium 900099 95600 Tuition 611600 101870 Graduation & application fees 611710 2850 357152 2015 48177 13632 10000 3632 3632 Extraordinary Income: Forgiveness of WGI Note 900099 575 575 Extraordinary Income: Forgiveness of SEL Note 900099 11452 11452 12027 1939833 374826 0 0 0 0 22937 0 22937 0 16787 0 16787 0 3891 3891 0 0 1981 0 991 990 162703 133628 29075 0 516 516 0 0 63042 63042 0 0 152 0 76 76 1838 0 1838 0 Audio Visual 44770 44770 0 0 Decorations 5505 5505 0 0 Entertainment 1275 1275 0 0 Food/Beverages 18773 18773 0 0 145191 93466 28634 23091 489361 364866 100338 24157 10332 224177 221610 1151898 258171 342311 25000 87000 100118 100118 1999000 515113 3904504 474 6780 19724 1952337 20198 1959117 X 494915 1945387 494915 1945387 515113 3904504 1450472 X false true X false false X 250840 253420 12333 502 1565007 2082102 250840 253420 12333 502 1565007 2082102 2082102 273 2402 8432 502 2015 13624 2095726 X 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 99118 99118 1000 1000 100118 Rent Payable: The Center Inc. 20400 Due to Wright Business Inc. 31937 Note Payable: Wright Graduate Institute Inc. 1900000 1952337 1939833 1939833 1939833 489361 489361 489361 Symposium & breakfast 283865 283865 133628 18773 1275 124612 283865 283865 133628 18773 1275 124612 278288 5577 THE CENTER INC See Schedule L Part V 29075 See Schedule L Part V false TOM AND KAREN TERRY Tom is current Director 1411000 See Schedule L Part V false KAREN TERRY Wife of current director 9750 Taxpayer received tuition payments false WRIGHT BUSINESS INC See Schedule L Part V 8675 See Schedule L Part V false WRIGHT GRADUATE INSITUTE INC See Schedule L Part V 2000000 See Schedule L Part V false THE CENTER INC See Schedule L Part V 99118 See Schedule L Part V false THE CENTER INC See Schedule L Part V 62000 See Schedule L Part V false WRIGHT GRADUATE INSITUTE INC See Schedule L Part V 7697 See Schedule L Part V false STAN SMITH Current Treasurer 10000 Taxpayer received donations false JOHN DAVIDOFF Current Secretary 15800 Taxpayer received donations false GERTRUDE LYONS Wife of current director 753 Taxpayer received tuition payments false RICH LYONS Current director 9800 Taxpayer received donations false KAREN WILSON SMITHBAUER Board member 25100 Taxpayer received donations false MICHAEL ZWELL Chancellor & Faculty 900 Taxpayer received donations false LORI ZWELL Wife of Chancellor 350 Taxpayer received donations false Part IV line 1 Taxpayer accrued rent to The Center Inc. Taxpayer's President & CEO are The Center Inc.'s shareholders. Part IV line 2 Taxpayer received donations from Tom and Karen Terry. Part IV line 4 Taxpayer accrued rent to Wright Business, Inc. Part IV line 4 Taxpayer's President & CEO are the shareholders of Wright Business Inc. Part IV line 5 Taxpayer purchased the assets of the Wright Graduate Institute, Inc. The shareholders of the Wright Graduate Institute, Inc. are the President and CEO of the Foundation. Part IV line 6 Taxpayer paid The Center Inc. for Leasehold Improvements. Taxpayer's President & CEO are The Center Inc.'s shareholders. Part IV line 7 Taxpayer accrued Prepaid Rent to The Center Inc. Taxpayer's President & CEO are The Center Inc.'s shareholders. Part IV line 8 Taxpayer paid back its Payable to the Wright Graduate Institute, Inc. The shareholders of the Wright Graduate Institute, Inc. are the President and CEO of the Foundation. Pt VI, Line 2 Karen Wilson Smithbauer (Board Member) is the mother of another Board Member (Rich Lyons). Pt III, Line 2 The Foundation purchased substantially all the assets of the Wright Graduate Institute, Inc. on April 27, 2012 and subsequently began offering Master of Arts and Doctorate of Education degrees through the Wright Graduate Institute. Pt VI, Line 15a No one was compensated during 2012. Pt VI, Line 15b No one was compensated during 2012. 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 financial documents available upon request. Form 990, Part IX, Line 24f BOOKS 2091. 2091. 0. 0. PRINTED MATERIALS 6821. 6821. 0. 0. CREDIT CARD FEES 3515. 0. 0. 3515. SUPPLIES 3975. 0. 0. 3975. OTHER 550. 550. 0. 0. ACCREDITATION 8240. 0. 8240. 0. GRADUATION EXPENSES 10426. 10426. 0. 0. MENTORING FEES 5120. 5120. 0. 0. INSTRUCTIONAL EXPENSES 1500. 1500. 0. 0. CHANCELLOR SALARY 36000. 36000. 0. 0. FACULTY SALARIES 6000. 6000. 0. 0. HEALTH INSURANCE 4611. 4611. 0. 0. LICENSES & FEES 389. 130. 130. 129. MISCELLANEOUS 100. 0. 50. 50. EMPLOYEE LEASING 36555. 12185. 12185