Civic Intelligence

The International Forum

990 • Fiscal year 2018 • EIN 51-0174950

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 30, 2018

Organization ProfileWWW.FORUM400.ORG
330 N Wabash No 2000Chicago, IL 60611-4267

(312) 644-6610

Siviq Scores

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

Liabilities / Assets

35th percentile

0.08x

Higher debt load relative to assets than 35% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

49th percentile

0.17x

Higher debt load relative to revenue than 49% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

26th percentile

-2.1%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

15th percentile

-10%

Faster asset growth than 15% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

1.5%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$2,150,440

Down $240,232 (-10%) from 2017

Net Assets

Down

$1,973,464

Down $42,732 (-2.1%) from 2017

Liabilities

Down

$176,976

Down $197,500 (-53%) from 2017

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin26th percentile

Revenue

Up

$1,065,649

Up $15,302 (+1.5%) from 2017

Expenses

Up

$1,087,913

Up $33,778 (+3.2%) from 2017

Net Income

Down

-$22,264

Down $18,476 (-488%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,104,443Liabilities 2011: $478,335Net Assets 2011: $1,626,1082011Assets 2012: $2,213,567Liabilities 2012: $516,384Net Assets 2012: $1,697,1832012Assets 2013: $2,207,228Liabilities 2013: $327,859Net Assets 2013: $1,879,3692013Assets 2014: $2,330,110Liabilities 2014: $240,640Net Assets 2014: $2,089,4702014Assets 2015: $2,389,075Liabilities 2015: $249,133Net Assets 2015: $2,139,9422015Assets 2016: $2,429,230Liabilities 2016: $349,752Net Assets 2016: $2,079,4782016Assets 2017: $2,390,672Liabilities 2017: $374,476Net Assets 2017: $2,016,1962017Assets 2018: $2,150,440Liabilities 2018: $176,976Net Assets 2018: $1,973,4642018Assets 2019: $2,060,014Liabilities 2019: $206,052Net Assets 2019: $1,853,9622019Assets 2020: $1,675,099Liabilities 2020: $118,806Net Assets 2020: $1,556,2932020Assets 2021: $1,706,378Liabilities 2021: $106,699Net Assets 2021: $1,599,6792021Assets 2022: $1,485,508Liabilities 2022: $254,553Net Assets 2022: $1,230,9552022Assets 2023: $1,386,136Liabilities 2023: $423,158Net Assets 2023: $962,9782023Assets 2024: $1,384,829Liabilities 2024: $423,350Net Assets 2024: $961,4792024

Highlighted filing

2018

Assets$2,150,440
Liabilities$176,976
Net Assets$1,973,464
Open 2018 Filing

Operations Trend

Revenue Growth43rd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,383,500Expenses 2011: $1,233,006Net Income 2011: $150,4942011Expenses 2012: $1,381,9322012Revenue 2013: $1,470,001Expenses 2013: $1,351,097Net Income 2013: $118,9042013Revenue 2014: $1,326,566Expenses 2014: $1,191,065Net Income 2014: $135,5012014Revenue 2015: $1,358,614Expenses 2015: $1,255,915Net Income 2015: $102,6992015Revenue 2016: $1,157,726Expenses 2016: $1,235,923Net Income 2016: -$78,1972016Revenue 2017: $1,050,347Expenses 2017: $1,054,135Net Income 2017: -$3,7882017Revenue 2018: $1,065,649Expenses 2018: $1,087,913Net Income 2018: -$22,2642018Revenue 2019: $1,045,488Expenses 2019: $1,110,186Net Income 2019: -$64,6982019Revenue 2020: $968,376Expenses 2020: $1,228,444Net Income 2020: -$260,0682020Revenue 2021: $486,873Expenses 2021: $660,701Net Income 2021: -$173,8282021Revenue 2022: $853,269Expenses 2022: $991,413Net Income 2022: -$138,1442022Revenue 2023: $709,883Expenses 2023: $805,495Net Income 2023: -$95,6122023Revenue 2024: $852,896Expenses 2024: $892,064Net Income 2024: -$39,1682024

Highlighted filing

2018

Revenue$1,065,649
Expenses$1,087,913
Net Income-$22,264
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 30, 2018
Return Version
2017v2.3
Gross Receipts
$1,612,390
Mission and Program Overview

Mission

To be the premier member organization most known for its uncensored exchange of emerging trends, competitive intelligence and innovative client solutions related to life insurance.

Provide uncensored exchange of emerging trends, competitive intelligence, and innovative client solutions related to life insurance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,235,459$2,054,926▼ $180,533
Cash and Non-Interest-Bearing Accounts$115,352$63,200▼ $52,152
Prepaid Expenses and Deferred Charges$39,861$32,314▼ $7,547
Total Assets$2,390,672$2,150,440▼ $240,232
Liabilities
Deferred Revenue$374,476$153,438▼ $221,038
Accounts Payable and Accrued Expenses-$23,538-
Total Liabilities$374,476$176,976▼ $197,500
Net Assets / Fund Balance
Unrestricted Net Assets$2,016,196$1,973,464▼ $42,732
Total Net Assets Fund Balance$2,016,196$1,973,464▼ $42,732
Total Liabilities and Net Assets / Fund Balance$2,390,672$2,150,440▼ $240,232
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Albert E GibbonsChairman of the Board
Ham PoynerForum Max Co-chair
Mike OwensForum Max Co-chair
Devang M PatelMembership Chair
Eamon WalshMembership Chair
Brian SakProgram Planning Chair
VINCE D'ADDONAYear Round Engagement Chair
Ben RaineyPresident
Cathy NeifeldVice President
Marc SchwartzDirector at Large
Joann DenardisExecutive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Smithbucklin CorporationManagement330 N WABASH AVENUE SUITE 2000, Chicago, IL 60611$488,600
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$951,356
Investment Income
$114,293
Other Revenue
$0
Change in Net Assets
$-22,264

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,049,191
Revenue Not Reported on Financial Statements
$16,458
Revenue Not Reported on Form 990
$-20,468
Total Revenue per Audited Statements
$1,028,723
Total Revenue per Form 990
$1,065,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,087,913
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
Fees for Services Management---$488,600
Conferences and Meetings---$484,116
Travel---$33,517
Fees for Service Investment Mgmnt Fees---$16,457
Office Expenses---$12,600
Other Expenses---$9,633
Fees for Services Accounting---$6,750
Insurance---$5,890
Fees for Services Legal---$2,708
Information Technology---$1,221
Total Functional Expenses$0$0$0$1,087,913

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,087,913
Expenses per Audited Statements$1,071,455
Total Expenses per Audited Statements$1,071,455
Expenses Not Reported on Financial Statements$16,458
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The forum has delegated the management of its daily operations to smithbucklin coporation in chicago. Smithbucklin corporation is a management company which manages all aspects of the forum in accordance with the forum's bylaws and policies. Operations may include, but are not limited to, administration, membership, finance and accounting, meeting and event planning, education, marketing and information technology. Smithbucklin corporation employees provide these services.”

Form 990, Part VI, Section A, Line 6

“The forum has five classes of members including regular members, lifetime members, 25th anniversary grandfathered members, emeritus members, and brokerage general agent and wholesaler members.”

Form 990, Part VI, Section A, Line 7A

“Each regular member (other than venture members), lifetime member, 25th anniversary grandfathered member, and brokerage general agent and wholesale member, has the right to cast one vote on each matter submitted to a vote of the members, including the election of the board of directors.”

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

“Form 990 is prepared by independent public accountants and submitted to the forum's management company for initial review. The form is then submitted to the board of directors for review and discussion prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The board monitors and enforces compliance with the conflict of interest policy on an annual basis through obtaining signed conflict from interest statements from each director.”

Form 990, Part VI, Section C, Line 19

“The forum makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The International Forum
EIN
51-0174950
Phone
3126446610
Address
330 N WABASH NO 2000, CHICAGO, IL 60611-4267
Doing Business As
Forum 400

Signing Officer

Name
Joann Denardis
Title
Executive Director
Phone
3126446610
Signed
2018-11-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Rainey
Formed
1973
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
Robert G Wujek
Phone
6309541400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The forum's finance and audit committee is responsible for the oversight of the audit and selection of an independent accountant. This process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The forum follows the financial accounting standards board requirements for accounting for uncertain tax positions and has determined they are not required to record a liability for any such positions.”

Raw XML Appendix374 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023538
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE UNCENSORED EXCHANGE OF EMERGING TRENDS, COMPETITIVE INTELLIGENCE, AND INNOVATIVE CLIENT SOLUTIONS RELATED TO LIFE INSURANCE.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SMITHBUCKLIN CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum03126446610
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0330 NORTH WABASH AVENUE SUITE 2000
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060611
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IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt0484116
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0488600
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SMITHBUCKLIN CORPORATION
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IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0ANNUAL MEETING - PROVIDES AN ULTIMATE PLATFORM FOR THE SHARING OF CUTTING EDGE, INNOVATIVE IDEAS AMONG MEMBERS. MEETING TOPICS, ALL GEARED TO THE HIGH-LEVEL PRODUCER, FALL WITHIN FOUR SESSION TRACKS: ESTATE AND WEALTH TRANSFER, PRACTICE DEVELOPMENT, WEALTH ACCUMULATION/EXECUTIVE BENEFITS, AND NON-TRADITIONAL (INCLUDING ALL OTHER AREAS).
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IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt06750
IRS990/FeesForServicesLegalGrp/TotalAmt02708
IRS990/FeesForServicesManagementGrp/TotalAmt0488600
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt016457
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1030.00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0BEN RAINEY
IRS990/Form990PartVIISectionAGrp/PersonNm1CATHY NEIFELD
IRS990/Form990PartVIISectionAGrp/PersonNm2ALBERT E GIBBONS
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN SAK
IRS990/Form990PartVIISectionAGrp/PersonNm4DEVANG M PATEL
IRS990/Form990PartVIISectionAGrp/PersonNm5EAMON WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm6VINCE D'ADDONA
IRS990/Form990PartVIISectionAGrp/PersonNm7MIKE OWENS
IRS990/Form990PartVIISectionAGrp/PersonNm8HAM POYNER
IRS990/Form990PartVIISectionAGrp/PersonNm9MARC SCHWARTZ
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt3PROGRAM PLANNING CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBERSHIP CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBERSHIP CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6YEAR ROUND ENGAGEMENT CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7FORUM MAX CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8FORUM MAX CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/IRPDocumentCnt08
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BE THE PREMIER MEMBER ORGANIZATION MOST KNOWN FOR ITS UNCENSORED EXCHANGE OF EMERGING TRENDS, COMPETITIVE INTELLIGENCE AND INNOVATIVE CLIENT SOLUTIONS RELATED TO LIFE INSURANCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt01973464
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2OTHER BOARD EXPENSES
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IRS990/OtherExpensesGrp/TotalAmt29633
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2FORUM MAX
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0718268
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1212014
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt221074
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0718268
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1212014
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221074
IRS990/ProgSrvcAccomActy2Grp/Desc0FORUM MAX - PROVIDES SHORT STREAMLINED PRESENTATIONS FOCUSED ON NEW IDEAS, AS WELL AS BREAKOUT GROUPS AND MEMBER NETWORKING OPPORTUNITIES TO COMPLEMENT THE ANNUAL MEETING.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt073606
IRS990/PYOtherExpensesAmt01054135
IRS990/PYOtherRevenueAmt07500
IRS990/PYProgramServiceRevenueAmt0969241
IRS990/PYRevenuesLessExpensesAmt0-3788
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01054135
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01050347
IRS990/ReconcilationRevenueExpnssAmt0-22264
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt016458
IRS990ScheduleD/ExpensesSubtotalAmt01071455
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt016458
IRS990ScheduleD/InvestmentExpensesNotIncldAmt016458
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-20468
IRS990ScheduleD/RevenueNotReportedAmt0-20468
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt016458
IRS990ScheduleD/RevenueSubtotalAmt01049191
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FORUM FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THEY ARE NOT REQUIRED TO RECORD A LIABILITY FOR ANY SUCH POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01087913
IRS990ScheduleD/TotalRevenuePerForm990Amt01065649
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01028723
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01071455
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORUM HAS DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO SMITHBUCKLIN COPORATION IN CHICAGO. SMITHBUCKLIN CORPORATION IS A MANAGEMENT COMPANY WHICH MANAGES ALL ASPECTS OF THE FORUM IN ACCORDANCE WITH THE FORUM'S BYLAWS AND POLICIES. OPERATIONS MAY INCLUDE, BUT ARE NOT LIMITED TO, ADMINISTRATION, MEMBERSHIP, FINANCE AND ACCOUNTING, MEETING AND EVENT PLANNING, EDUCATION, MARKETING AND INFORMATION TECHNOLOGY. SMITHBUCKLIN CORPORATION EMPLOYEES PROVIDE THESE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORUM HAS FIVE CLASSES OF MEMBERS INCLUDING REGULAR MEMBERS, LIFETIME MEMBERS, 25TH ANNIVERSARY GRANDFATHERED MEMBERS, EMERITUS MEMBERS, AND BROKERAGE GENERAL AGENT AND WHOLESALER MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH REGULAR MEMBER (OTHER THAN VENTURE MEMBERS), LIFETIME MEMBER, 25TH ANNIVERSARY GRANDFATHERED MEMBER, AND BROKERAGE GENERAL AGENT AND WHOLESALE MEMBER, HAS THE RIGHT TO CAST ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS, INCLUDING THE ELECTION OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PREPARED BY INDEPENDENT PUBLIC ACCOUNTANTS AND SUBMITTED TO THE FORUM'S MANAGEMENT COMPANY FOR INITIAL REVIEW. THE FORM IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS THROUGH OBTAINING SIGNED CONFLICT FROM INTEREST STATEMENTS FROM EACH DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORUM MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FORUM'S FINANCE AND AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02390672
IRS990/TotalAssetsEOYAmt02150440
IRS990/TotalAssetsGrp/BOYAmt02390672
IRS990/TotalAssetsGrp/EOYAmt02150440
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01087913
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0374476
IRS990/TotalLiabilitiesEOYAmt0176976
IRS990/TotalLiabilitiesGrp/BOYAmt0374476
IRS990/TotalLiabilitiesGrp/EOYAmt0176976
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02016196
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01973464
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0951356
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0114293
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0951356
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01065649
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02390672
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02150440
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt033517
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02016196
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01973464
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0330 N WABASH NO 2000
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd0606114267
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.FORUM400.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOANN DENARDIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03126446610
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE INTERNATIONAL FORUM
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0510174950
ReturnHeader/Filer/PhoneNum03126446610
ReturnHeader/Filer/USAddress/AddressLine1Txt0330 N WABASH NO 2000
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0606114267
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0638A2951D506BB4350B9CB485ED913791FF68C23
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DBEF52BAC0A273C55EE2058042DE982C042737B0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.201.115.82
ReturnHeader/FilingSecurityInformation/IPDt02018-11-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:08:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362985770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SELDEN FOX LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0619 ENTERPRISE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK BROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0605238835
ReturnHeader/PreparerPersonGrp/PhoneNum06309541400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT G WUJEK
ReturnHeader/ReturnTs02019-01-09T08:33:16-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,150,440
Liabilities
$176,976
Net assets
$1,973,464
Revenue
$1,065,649
Expenses
$1,087,913
Net income
-$22,264
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.42$0.96$0.85$0.89$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.42$0.96$0.71$0.81$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.25$1.23$0.85$0.99$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.71$0.11$1.60$0.49$0.66$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.68$0.12$1.56$0.97$1.23$0.26
2019Detailed filing. Detailed filing data is available for this year.$2.06$0.21$1.85$1.05$1.11$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.15$0.18$1.97$1.07$1.09$0.02
2017Summary only. Only limited summary data is available for this year.$2.39$0.37$2.02$1.05$1.05$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.43$0.35$2.08$1.16$1.24$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.39$0.25$2.14$1.36$1.26$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.33$0.24$2.09$1.33$1.19$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.33$1.88$1.47$1.35$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.52$1.70$1.38
2011Summary only. Only limited summary data is available for this year.$2.10$0.48$1.63$1.38$1.23$0.15