Civic Intelligence

World Future Society

990 • Fiscal year 2019 • EIN 23-7009921

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 20, 2020

Organization ProfileWWW.WFS.ORG
333 N Lasalle StChicago, IL 60654

(800) 989-8274

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

23.21x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

40.82x

Higher debt load relative to revenue than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

6th percentile

-72%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

15th percentile

-31%

Faster asset growth than 15% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-98%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$955

Down $430 (-31%) from 2018

Net Assets

Down

-$21,209

Down $390 (-1.9%) from 2018

Liabilities

Down

$22,164

Down $40 (-0.2%) from 2018

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin6th percentile

Revenue

Down

$543

Down $32,436 (-98%) from 2018

Expenses

Down

$933

Down $42,350 (-98%) from 2018

Net Income

Up

-$390

Up $9,914 (+96%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500K-$1.0MAssets 2013: $174,085Liabilities 2013: $797,022Net Assets 2013: -$622,9372013Assets 2014: $85,728Liabilities 2014: $716,769Net Assets 2014: -$631,0412014Assets 2015: $52,540Liabilities 2015: $437,444Net Assets 2015: -$384,9042015Assets 2016: $88,000Liabilities 2016: $0Net Assets 2016: $88,0002016Assets 2017: $12,262Liabilities 2017: $10,000Net Assets 2017: $2,2622017Assets 2018: $1,385Liabilities 2018: $22,204Net Assets 2018: -$20,8192018Assets 2019: $955Liabilities 2019: $22,164Net Assets 2019: -$21,2092019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$955
Liabilities$22,164
Net Assets-$21,209
Open 2019 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2013: $1,023,5712013Revenue 2014: $970,674Expenses 2014: $978,866Net Income 2014: -$8,1922014Revenue 2015: $926,959Expenses 2015: $680,822Net Income 2015: $246,1372015Revenue 2016: $738,994Expenses 2016: $684,525Net Income 2016: $54,4692016Revenue 2017: $299,579Expenses 2017: $367,976Net Income 2017: -$68,3972017Revenue 2018: $32,979Expenses 2018: $43,283Net Income 2018: -$10,3042018Revenue 2019: $543Expenses 2019: $933Net Income 2019: -$3902019Revenue 2020: $22,164Expenses 2020: $955Net Income 2020: $21,2092020

Highlighted filing

2019

Revenue$543
Expenses$933
Net Income-$390
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 20, 2020
Return Version
2019v5.1
Gross Receipts
$543
Mission and Program Overview

Mission

The world future society works to improve decision-making about the future by empowering futurists, fostering networks and advancing knowledge and action on future critical issues.

The world future society works to improve decision-making about the future by empowering futurists, fostering networks and advancing knowledge and action on future-critical issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$10,000$10,000→ $0
Cash and Non-Interest-Bearing Accounts$1,385$955▼ $430
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,385$955▼ $430
Liabilities
Accounts Payable and Accrued Expenses$12,204$12,164▼ $40
Total Liabilities$22,204$22,164▼ $40
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-20,819$-21,209▼ $390
Total Net Assets Fund Balance$-20,819$-21,209▼ $390
Total Liabilities and Net Assets / Fund Balance$1,385$955▼ $430

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$38,255$38,255
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Julie Friedman SteeleChair
Jared WeinerVice Chair/secretary
Deborah PeacockTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$538
All Other Contributions
$5
Change in Net Assets
$-390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$933
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$475--$475
Information Technology$230$228-$458
Total Functional Expenses$705$228$0$933
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$10,000$10,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Classes of members or stockholders the world future society has members in more than 80 countries. Membership is open to anyone who would like to know more about what the future will hold.”

Form 990, Part VI, Section B, Line 11B

“Organization's process to review form 990 form 990 is reviewed by the board chair prior to filing.”

Form 990, Part VI, Section B, Line 12

“Enforcement of conflicts policy information inquiries and discussions are conducted periodically at board meetings to ensure compliance with the conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure explanation wfs makes its governing documents, conflict of interest policy and finanical statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
World Future Society
EIN
23-7009921
Phone
8009898274
Address
333 N LASALLE ST, CHICAGO, IL 60654

Signing Officer

Name
Julie Friedman Steele
Title
Chair
Phone
8009898274
Signed
2020-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Friedman Steele
Formed
1966
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Baker Tilly US Llp
Address
205 N MICHIGAN AVE 2800, CHICAGO, IL 60601-5927
Preparer
Mark Heroux
Phone
3127298000
Raw XML Appendix339 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS THE WORLD FUTURE SOCIETY HAS MEMBERS IN MORE THAN 80 COUNTRIES. MEMBERSHIP IS OPEN TO ANYONE WHO WOULD LIKE TO KNOW MORE ABOUT WHAT THE FUTURE WILL HOLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 FORM 990 IS REVIEWED BY THE BOARD CHAIR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF CONFLICTS POLICY INFORMATION INQUIRIES AND DISCUSSIONS ARE CONDUCTED PERIODICALLY AT BOARD MEETINGS TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS DISCLOSURE EXPLANATION WFS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$955
Liabilities
$22,164
Net assets
-$21,209
Revenue
$543
Expenses
$933
Net income
-$390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.02$0.00$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.02$0.00$0.00$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.02$0.02$0.03$0.04$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.01$0.00$0.30$0.37$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.74$0.68$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.44$0.38$0.93$0.68$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.72$0.63$0.97$0.98$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.80$0.62$1.02