Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
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
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
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.
| Description | Grants | Expenses |
|---|---|---|
| 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 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mark Vargas | President | - | $0 | - | - |
| Merrie Meadows | Vice President | - | $0 | - | - |
| Dr Gene Crume | Secretary/Treasurer | - | $0 | - | - |
| AJ Patton | Board Member | - | $0 | - | - |
| Jacqueline Ruiz | Board Member | - | $0 | - | - |
| Austin Rabine | Board Member | - | $0 | - | - |
| Tim Schofield | Board Member | - | $0 | - | - |
| Michael Dutton | Board Member | - | $0 | - | - |
“Event expenses - 32251; Interest expense - 22032; Travel expenses - 9093; Advertising expenses - 7471; Miscellaneous expenses - 2194; Office expenses - 658;”
“Due from Judson University - BOY:249757,EOY:249757;”
“Due to subsidiary - BOY:249757,EOY:245163;”
“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.”
“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.”
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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Mark Vargas |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Board Member |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Board Member |
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| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 73699 |
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| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 41861 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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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| IRS990EZ/WebsiteAddressTxt | 0 | www.judson.edu/wlf |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | DESCRIPTION - MISC. INCOME, COLUMN A - 4641.0, COLUMN B - 6165.0, COLUMN C - 5563.0, COLUMN D - , COLUMN E - , COLUMN F - 16369.0; |
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| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 141530 |
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| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.7348 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Event expenses - 32251; Interest expense - 22032; Travel expenses - 9093; Advertising expenses - 7471; Miscellaneous expenses - 2194; Office expenses - 658; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Due from Judson University - BOY:249757,EOY:249757; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Due to subsidiary - BOY:249757,EOY:245163; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24b Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26b Total Liabilities |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Gene Crume |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Secretary/Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8476952500 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | World Leaders Forum Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WORL |
| ReturnHeader/Filer/EIN | 0 | 473666460 |
| ReturnHeader/Filer/PhoneNum | 0 | 8476282017 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1151 North State Street |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Elgin |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60123 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 332621854 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CRI Capin Crouse Advisors LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 345 Massachusetts Ave Suite 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Indianapolis |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 46204 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5055022746 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Sara Tibbott |
| ReturnHeader/ReturnTs | 0 | 2025-04-14T16:17:30+00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-05-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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