Civic Intelligence

World Leaders Forum Inc

EIN 47-3666460 • 501(c)3 • Elgin, IL

Profile

The purpose of the World Leaders Forum is to educate and invest in tomorrow's business leaders; build greatness in the lives of students; and inspire change and create a legacy.

1151 North State StreetElgin, IL 60123

www.judson.edu/wlf

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.68x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

3.19x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

15th percentile

-47%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

40th percentile

-10%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-27%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$359,125

Down $41,034 (-10%) from 2023

Liabilities

Down

$245,163

Down $4,594 (-1.8%) from 2023

Net Assets

Down

$113,962

Down $36,440 (-24%) from 2023

Revenue

Down

$76,772

Down $27,713 (-27%) from 2023

Expenses

Down

$113,212

Down $111,222 (-50%) from 2023

Net Income

Up

-$36,440

Up $83,509 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2015: $301,020Liabilities 2015: $0Net Assets 2015: $301,0202015Assets 2016: $285,105Liabilities 2016: $0Net Assets 2016: $285,1052016Assets 2017: $123,979Liabilities 2017: $02017Assets 2018: $146,084Liabilities 2018: $132,000Net Assets 2018: $14,0842018Assets 2019: $35,874Liabilities 2019: $0Net Assets 2019: $35,8742019Assets 2020: $211,082Liabilities 2020: $200,000Net Assets 2020: $11,0822020Assets 2021: $556,791Liabilities 2021: $316,000Net Assets 2021: $240,7912021Assets 2022: $270,351Liabilities 2022: $0Net Assets 2022: $270,3512022Assets 2023: $400,159Liabilities 2023: $249,757Net Assets 2023: $150,4022023Assets 2024: $359,125Liabilities 2024: $245,163Net Assets 2024: $113,9622024

Highlighted filing

2024

Assets$359,125
Liabilities$245,163
Net Assets$113,962

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $301,020Expenses 2015: $0Net Income 2015: $301,0202015Revenue 2016: $359,163Expenses 2016: $375,078Net Income 2016: -$15,9152016Revenue 2017: $44,205Expenses 2017: $205,331Net Income 2017: -$161,1262017Revenue 2018: $252,134Expenses 2018: $362,029Net Income 2018: -$109,8952018Revenue 2019: $159,571Expenses 2019: $137,781Net Income 2019: $21,7902019Revenue 2020: $350,997Expenses 2020: $375,789Net Income 2020: -$24,7922020Revenue 2021: $332,585Expenses 2021: $102,876Net Income 2021: $229,7092021Revenue 2022: $439,183Expenses 2022: $409,623Net Income 2022: $29,5602022Revenue 2023: $104,485Expenses 2023: $224,434Net Income 2023: -$119,9492023Revenue 2024: $76,772Expenses 2024: $113,212Net Income 2024: -$36,4402024

Highlighted filing

2024

Revenue$76,772
Expenses$113,212
Net Income-$36,440

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Apr 14, 2025
Return Version
2023v6.0
Gross Receipts
$76,772
Mission and Program Overview

Mission

The purpose of the World Leaders Forum is to educate and invest in tomorrow's business leaders; build greatness in the lives of students; and inspire change and create a legacy.

Program Services

DescriptionGrantsExpenses
The World Leaders Forum hosts annual events to generate support for scholarships within two unique programs at Judson University: the Roeser Scholars program which is focused on leadership development and the RISE program which provides students with intellectual disabilities the college experience. The World Leaders Forum also supports other nonprofits in the Chicago area and nationally as well as entrepreneurial and innovative initiatives that benefit students, the community and other partners of the World Leaders Forum. Since 2015, 64 scholarships have been awarded to students to receive financial support for their undergraduate academic career at Judson. Over 1000 students have been empowered by attending and hearing from a global leader. These annual World Leaders Forum events add to the quality of life in Elgin, the Fox River Valley and our region, by bringing internationally acclaimed speakers. These events have provided an opportunity for over 5,000 community members to hear from these prominent leaders and help promote the area throughout Chicago and across the nation. Past speakers have included George W. Bush, Mikhail Gorbachev, Tony Blair, Condoleezza Rice, Felipe Calderon, Newt Gingrich, Howard Dean, Queen Noor of Jordan, Caroline Kennedy and General David Petraeus in November 2021. A new series was introduced in 2019 "Conversations with Mark Vargas" which brings successful business leaders and entrepreneurs to campus. The inaugural guest was Dallas Mavericks owner, Mark Cuban.$0$80,857
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark VargasPresident-$0--
Merrie MeadowsVice President-$0--
Dr Gene CrumeSecretary/Treasurer-$0--
AJ PattonBoard Member-$0--
Jacqueline RuizBoard Member-$0--
Austin RabineBoard Member-$0--
Tim SchofieldBoard Member-$0--
Michael DuttonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
World Leaders Forum Inc
EIN
47-3666460
Phone
8476282017
Address
1151 North State Street, Elgin, IL 60123

Signing Officer

Name
Gene Crume
Title
Secretary/Treasurer
Phone
8476952500
Signed
2025-04-14
Discuss with paid preparer
Yes

Preparer

Firm
CRI Capin Crouse Advisors LLC
Address
345 Massachusetts Ave Suite 300, Indianapolis, IN 46204
Preparer
Sara Tibbott
Phone
5055022746
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 Other Expenses

Event expenses - 32251; Interest expense - 22032; Travel expenses - 9093; Advertising expenses - 7471; Miscellaneous expenses - 2194; Office expenses - 658;

Form 990-EZ, Part II, Line 24B Other Assets

Due from Judson University - BOY:249757,EOY:249757;

Form 990-EZ, Part II, Line 26B Total Liabilities

Due to subsidiary - BOY:249757,EOY:245163;

Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE

The purpose of the World Leaders Forum is to educate and invest in tomorrow's business leaders; build greatness in the lives of students; and inspire change and create a legacy.

Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES

The World Leaders Forum hosts annual events to generate support for scholarships within two unique programs at Judson University: the Roeser Scholars program which is focused on leadership development and the RISE program which provides students with intellectual disabilities the college experience. The World Leaders Forum also supports other nonprofits in the Chicago area and nationally as well as entrepreneurial and innovative initiatives that benefit students, the community and other partners of the World Leaders Forum. Since 2015, 64 scholarships have been awarded to students to receive financial support for their undergraduate academic career at Judson. Over 1000 students have been empowered by attending and hearing from a global leader. These annual World Leaders Forum events add to the quality of life in Elgin, the Fox River Valley and our region, by bringing internationally acclaimed speakers. These events have provided an opportunity for over 5,000 community members to hear from these prominent leaders and help promote the area throughout Chicago and across the nation. Past speakers have included George W. Bush, Mikhail Gorbachev, Tony Blair, Condoleezza Rice, Felipe Calderon, Newt Gingrich, Howard Dean, Queen Noor of Jordan, Caroline Kennedy and General David Petraeus in November 2021. A new series was introduced in 2019 "Conversations with Mark Vargas" which brings successful business leaders and entrepreneurs to campus. The inaugural guest was Dallas Mavericks owner, Mark Cuban.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Event expenses - 32251; Interest expense - 22032; Travel expenses - 9093; Advertising expenses - 7471; Miscellaneous expenses - 2194; Office expenses - 658;
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Due to subsidiary - BOY:249757,EOY:245163;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The purpose of the World Leaders Forum is to educate and invest in tomorrow's business leaders; build greatness in the lives of students; and inspire change and create a legacy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The World Leaders Forum hosts annual events to generate support for scholarships within two unique programs at Judson University: the Roeser Scholars program which is focused on leadership development and the RISE program which provides students with intellectual disabilities the college experience. The World Leaders Forum also supports other nonprofits in the Chicago area and nationally as well as entrepreneurial and innovative initiatives that benefit students, the community and other partners of the World Leaders Forum. Since 2015, 64 scholarships have been awarded to students to receive financial support for their undergraduate academic career at Judson. Over 1000 students have been empowered by attending and hearing from a global leader. These annual World Leaders Forum events add to the quality of life in Elgin, the Fox River Valley and our region, by bringing internationally acclaimed speakers. These events have provided an opportunity for over 5,000 community members to hear from these prominent leaders and help promote the area throughout Chicago and across the nation. Past speakers have included George W. Bush, Mikhail Gorbachev, Tony Blair, Condoleezza Rice, Felipe Calderon, Newt Gingrich, Howard Dean, Queen Noor of Jordan, Caroline Kennedy and General David Petraeus in November 2021. A new series was introduced in 2019 "Conversations with Mark Vargas" which brings successful business leaders and entrepreneurs to campus. The inaugural guest was Dallas Mavericks owner, Mark Cuban.
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