Civic Intelligence

World Leadership Foundation Inc.

990 • Fiscal year 2018 • EIN 27-0490843

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 23, 2019

5595 Sunshine Canyon DriveBoulder, CO 80302

(303) 679-3412

Siviq Scores

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

Liabilities / Assets

86th percentile

0.29x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

97th percentile

$84,048

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

94th percentile

155%

Faster asset growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$216,562

Up $131,501 (+155%) from 2017

Net Assets

Up

$154,197

Up $83,419 (+118%) from 2017

Liabilities

Up

$62,365

Up $48,082 (+337%) from 2017

Revenue

Up

$480,746

Up $124,511 (+35%) from 2017

Expenses

Up

$397,327

Up $67,543 (+20%) from 2017

Net Income

Up

$83,419

Up $56,968 (+215%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $3,170Liabilities 2010: $25,165Net Assets 2010: -$21,9952010Assets 2015: $77,770Liabilities 2015: $0Net Assets 2015: $77,7702015Assets 2016: $54,234Liabilities 2016: $9,907Net Assets 2016: $44,3272016Assets 2017: $85,061Liabilities 2017: $14,283Net Assets 2017: $70,7782017Assets 2018: $216,562Liabilities 2018: $62,365Net Assets 2018: $154,1972018Assets 2019: $283,659Liabilities 2019: $56,691Net Assets 2019: $226,9682019Assets 2020: $54,020Liabilities 2020: $0Net Assets 2020: $54,0202020Assets 2021: $47,292Liabilities 2021: $22,369Net Assets 2021: $24,9232021Assets 2022: $53,314Liabilities 2022: $29,556Net Assets 2022: $23,7582022Assets 2023: $51,209Liabilities 2023: $0Net Assets 2023: $51,2092023Assets 2024: $154,273Liabilities 2024: $0Net Assets 2024: $154,2732024

Highlighted filing

2018

Assets$216,562
Liabilities$62,365
Net Assets$154,197

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $56,822Expenses 2010: $62,103Net Income 2010: -$5,2812010Revenue 2015: $143,838Expenses 2015: $132,352Net Income 2015: $11,4862015Revenue 2016: $260,880Expenses 2016: $275,377Net Income 2016: -$14,4972016Revenue 2017: $356,235Expenses 2017: $329,784Net Income 2017: $26,4512017Revenue 2018: $480,746Expenses 2018: $397,327Net Income 2018: $83,4192018Revenue 2019: $652,171Expenses 2019: $579,400Net Income 2019: $72,7712019Revenue 2020: $22,353Expenses 2020: $16,302Net Income 2020: $6,0512020Revenue 2021: $2,108Expenses 2021: $31,205Net Income 2021: -$29,0972021Revenue 2022: $69,017Expenses 2022: $70,182Net Income 2022: -$1,1652022Revenue 2023: $113,888Expenses 2023: $86,437Net Income 2023: $27,4512023Revenue 2024: $150,358Expenses 2024: $47,294Net Income 2024: $103,0642024

Highlighted filing

2018

Revenue$480,746
Expenses$397,327
Net Income$83,419
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 23, 2019
Return Version
2018v3.1
Gross Receipts
$480,746
Mission and Program Overview

Mission

The mission of TabLab, the operating name for World Leadership Foundation, is to partner with rural K12 schools to transform teaching and learning."

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$82,369$206,115▲ $123,746
Rtn Earn Endowment Incm Other Fnds$70,778$154,197▲ $83,419
Loans From Officers Directors-$50,000-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$85,061$216,562▲ $131,501
Other Assets Total$2,692$10,447▲ $7,755
Liabilities
Deferred Revenue-$9,950-
Accounts Payable and Accrued Expenses$14,283$2,415▼ $11,868
Total Liabilities$14,283$62,365▲ $48,082
Net Assets / Fund Balance
Total Net Assets Fund Balance$70,778$154,197▲ $83,419
Total Liabilities and Net Assets / Fund Balance$85,061$216,562▲ $131,501
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Heather HiebschExecutive DirectorFT$84,048$84,048

Board Members and Trustees

NameTitle
Kathy BartlettChairwoman
Bruce MillerBoard Member
Eric RozaBoard Member
Francois ChaubardBoard Member
Gregg GoldenbergBoard Member
James DulinBoard Member
Julian FarriorBoard Member
Paul PasinBoard Member
Richard KimballBoard Member
Ross WehnerSecretary
Scott DooleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$472,745
Program Service Revenue
$8,000
Investment Income
$1
Other Revenue
$0
All Other Contributions
$472,745
Change in Net Assets
$83,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$301,475
Salaries, Compensation, and Employee Benefits$95,852
Total Fundraising Expense$12,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$84,048-$84,048
Information Technology$24,962--$24,962
Conferences and Meetings$19,871--$19,871
Travel$13,962$82-$14,044
Advertising-$4,953$7,471$12,424
Fees for Services Other$2,115$710$4,800$7,625
Payroll Taxes-$6,804-$6,804
Other Expenses$6,447$105-$6,552
Office Expenses-$6,264-$6,264
Other Employee Benefits-$5,000-$5,000
Fees for Services Accounting-$2,698-$2,698
Insurance-$2,325-$2,325
All Other Expenses$1,896$337-$2,233
Fees for Services Legal-$1,466-$1,466
Total Functional Expenses$262,643$122,413$12,271$397,327
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-$50,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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 B, line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, line 18

Impact Report 2018 available upon request.

Form 990, Part VI, Section C, line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
World Leadership Foundation
EIN
27-0490843
Phone
3036793412
Address
5595 Sunshine Canyon Drive, Boulder, CO 80302

Signing Officer

Name
Ross Wehner
Title
Co-Founder
Phone
3036793412
Signed
2019-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ross Wehner
Formed
2009
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
0
Employees
1
Volunteers
21

Preparer

Firm
Kurtz Fargo Llp
Address
1470 Walnut Street Ste 301, Boulder, CO 80302
Preparer
Jeffrey Starkey
Phone
7203102078
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

TeachUNITED TeachUNITED, (www.teachunited.org) is a global non-profit dedicated to reducing inequality through education. TeachUNITED focuses on underserved communities where educational disparities are most acute. TeachUNITED has expanded operations, and is in the process of seeking approval to operate as an independent 501(c)(3) non-profit in 2020. TeachUNITED's current fiscal sponsor is World Leadership Foundation (www.worldleadershipfoundation.org), a non-profit organization based in Boulder, CO that processes student donations for school service projects around the world. Problem TeachUNITED believes that every child on the planet deserves access to an equitable and quality education. Yet250 million kids around the world still leave school without critical reading, writing & math skills. If current trends continue, by 2030 more than 750 million young people will not be on track to acquire the skills to succeed after they complete their schooling. A global teacher shortage, estimated to reach 69 million by 2030, makes this learning crisis even more pressing. Without action, more than 1.5 billion adults could be living in extreme poverty in 2050. Underserved and rural areas are the hardest hit. TeachUNITED is determined to change that. Activities TeachUNITED's core belief is that a quality education is possible when students are taught by quality teachers. By providing training, resources, and long-term connections for teachers in underserved communities, TeachUNITED improves student learning outcomes. Training: Through supportive side-by-side and virtual coaching, skill-building toolkits, and innovative workshops, teachers learn how to create engaging, student-centered classrooms. Resources: Our tablet labs offer schools mobile, off-the-grid access to digital content that amplifies great teaching and reduces the digital divide. Connections: Because teachers in underserved communities are often isolated, we connect them with cohorts of other teachers, allowing for collaboration and ongoing peer support across geographic boundaries. Operations In 2018, TeachUNITED put in critical building blocks to scale, allowing the organization to grow its impact to 54 underserved schools in the United States, Latin America, and East Africa.. The schools in these regions serve a total of 225+ teachers and 14,500+ students.

Raw XML AppendixShowing 400 of 441 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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IRS990/Desc0Impact - TeachUNITEDAs a data-driven organization, TeachUNITED rigorously measures the impact and effectiveness of its program. TeachUNITED's students and teachers categorically outperform their peers. In 2018, TeachUNITED saw the following gains in academic growth and achievement:1. 74% average increase in Tanzania for all students on Form IV national exam pass rates. The exam determines if a student can complete secondary school.2. 115% average growth in the U.S. across all subject areas achieved in state standardized tests after 1-year in the program.3. 9% growth in class pass rates in Costa Rica at primary schools, while non-TU pass rates for 2018 dropped. 4. Girls in Tanzania saw a 2x increase in promotion rates on the high-stakes Form IV exam. This means more girls can complete the final two years of secondary school, opening opportunities for higher education and better- paying careers. Impact - World Leadership FoundationWorld Leadership Foundation received and spent $75,682 in individual donations from 671 traveling students who worked on 26 service projects at rural schools in Latin America, Africa and Asia. Service projects included A complete list of those service projects is available at http://www.worldleadershipfoundation.org/community-projects/
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Harrison G Wehner
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TeachUNITED TeachUNITED, (www.teachunited.org) is a global non-profit dedicated to reducing inequality through education. TeachUNITED focuses on underserved communities where educational disparities are most acute. TeachUNITED has expanded operations, and is in the process of seeking approval to operate as an independent 501(c)(3) non-profit in 2020. TeachUNITED's current fiscal sponsor is World Leadership Foundation (www.worldleadershipfoundation.org), a non-profit organization based in Boulder, CO that processes student donations for school service projects around the world. Problem TeachUNITED believes that every child on the planet deserves access to an equitable and quality education. Yet250 million kids around the world still leave school without critical reading, writing & math skills. If current trends continue, by 2030 more than 750 million young people will not be on track to acquire the skills to succeed after they complete their schooling. A global teacher shortage, estimated to reach 69 million by 2030, makes this learning crisis even more pressing. Without action, more than 1.5 billion adults could be living in extreme poverty in 2050. Underserved and rural areas are the hardest hit. TeachUNITED is determined to change that. Activities TeachUNITED's core belief is that a quality education is possible when students are taught by quality teachers. By providing training, resources, and long-term connections for teachers in underserved communities, TeachUNITED improves student learning outcomes. Training: Through supportive side-by-side and virtual coaching, skill-building toolkits, and innovative workshops, teachers learn how to create engaging, student-centered classrooms. Resources: Our tablet labs offer schools mobile, off-the-grid access to digital content that amplifies great teaching and reduces the digital divide. Connections: Because teachers in underserved communities are often isolated, we connect them with cohorts of other teachers, allowing for collaboration and ongoing peer support across geographic boundaries. Operations In 2018, TeachUNITED put in critical building blocks to scale, allowing the organization to grow its impact to 54 underserved schools in the United States, Latin America, and East Africa.. The schools in these regions serve a total of 225+ teachers and 14,500+ students.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Impact Report 2018 available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No other documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
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