Civic Intelligence

The International Forum

990 • Fiscal year 2021 • EIN 51-0174950

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 22, 2022

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

34th percentile

0.06x

Higher debt load relative to assets than 34% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.22x

Higher debt load relative to revenue than 53% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

4th percentile

-36%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

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

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

23rd percentile

1.9%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-50%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$1,706,378

Up $31,279 (+1.9%) from 2020

Net Assets

Up

$1,599,679

Up $43,386 (+2.8%) from 2020

Liabilities

Down

$106,699

Down $12,107 (-10%) from 2020

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin4th percentile

Revenue

Down

$486,873

Down $481,503 (-50%) from 2020

Expenses

Down

$660,701

Down $567,743 (-46%) from 2020

Net Income

Up

-$173,828

Up $86,240 (+33%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth23rd 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

2021

Assets$1,706,378
Liabilities$106,699
Net Assets$1,599,679
Open 2021 Filing

Operations Trend

Revenue Growth3rd 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

2021

Revenue$486,873
Expenses$660,701
Net Income-$173,828
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 22, 2022
Return Version
2020v4.2
Gross Receipts
$633,735
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$1,328,157$1,572,325▲ $244,168
Cash and Non-Interest-Bearing Accounts$300,311$121,020▼ $179,291
Accounts Receivable$14,198--
Prepaid Expenses and Deferred Charges$32,433$13,033▼ $19,400
Total Assets$1,675,099$1,706,378▲ $31,279
Liabilities
Deferred Revenue$109,650$106,699▼ $2,951
Accounts Payable and Accrued Expenses$9,156--
Total Liabilities$118,806$106,699▼ $12,107
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,556,293$1,599,679▲ $43,386
Total Net Assets Fund Balance$1,556,293$1,599,679▲ $43,386
Total Liabilities and Net Assets / Fund Balance$1,675,099$1,706,378▲ $31,279
Compensation and Service Providers
Top Officer Pay25th percentile

Board Members and Trustees

NameTitle
Brian SakChairman of the Board
VINCE D'ADDONAPresident
John WheelerVice President
Angela Kennedy-robinsonDirector
Curtis ClokeDirector
Dean HarderDirector
Eleanor I JohnsonDirector
Larry JacobsonDirector
Michael AmoiaDirector
Simon SingerDirector
Joann DenardisExecutive Director (smithbucklin)

Highest Paid Contractors

ContractorServicesLocationCompensation
Smithbucklin CorporationManagement330 N WABASH AVENUE SUITE 2000, Chicago, IL 60611$536,447
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$450,000
Investment Income
$36,873
Other Revenue
$0
Change in Net Assets
$-173,828

Audited Revenue Reconciliation

Revenue per Audited Statements
$476,954
Revenue Not Reported on Financial Statements
$9,919
Revenue Not Reported on Form 990
$217,214
Total Revenue per Audited Statements
$694,168
Total Revenue per Form 990
$486,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$660,701
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---$536,447
All Other Expenses---$24,506
Information Technology---$19,790
Fees for Services Other---$18,000
Other Expenses---$12,386
Fees for Service Investment Mgmnt Fees---$9,919
Advertising---$8,923
Office Expenses---$8,172
Conferences and Meetings---$7,500
Fees for Services Accounting---$7,340
Fees for Services Legal---$4,007
Insurance---$3,711
Total Functional Expenses$0$0$0$660,701

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$660,701
Expenses per Audited Statements$650,782
Total Expenses per Audited Statements$650,782
Expenses Not Reported on Financial Statements$9,919
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 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
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 (smithbucklin) in chicago. Smithbucklin 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 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
2022-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joann Denardis
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/BOYAmt09156
IRS990/AccountsReceivableGrp/BOYAmt014198
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE UNCENSORED EXCHANGE OF EMERGING TRENDS, COMPETITIVE INTELLIGENCE, AND INNOVATIVE CLIENT SOLUTIONS RELATED TO LIFE INSURANCE.
IRS990/AdvertisingGrp/TotalAmt08923
IRS990/AllOtherExpensesGrp/TotalAmt024506
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
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0300311
IRS990/CashNonInterestBearingGrp/EOYAmt0121020
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt07500
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0536447
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0330 N WABASH AVENUE SUITE 2000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060611
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SMITHBUCKLIN CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt036873
IRS990/CYOtherExpensesAmt0660701
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0450000
IRS990/CYRevenuesLessExpensesAmt0-173828
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0660701
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0486873
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0109650
IRS990/DeferredRevenueGrp/EOYAmt0106699
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0ANNUAL MEETING - THE FORUM'S ANNUAL MEETING PROVIDES THE 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).
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0FORUM 400
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt07340
IRS990/FeesForServicesLegalGrp/TotalAmt04007
IRS990/FeesForServicesManagementGrp/TotalAmt0536447
IRS990/FeesForServicesOtherGrp/TotalAmt018000
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt09919
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1030.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0VINCE D'ADDONA
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN WHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm2BRIAN SAK
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL AMOIA
IRS990/Form990PartVIISectionAGrp/PersonNm4CURTIS CLOKE
IRS990/Form990PartVIISectionAGrp/PersonNm5DEAN HARDER
IRS990/Form990PartVIISectionAGrp/PersonNm6LARRY JACOBSON
IRS990/Form990PartVIISectionAGrp/PersonNm7ELEANOR I JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm8ANGELA KENNEDY-ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm9SIMON SINGER
IRS990/Form990PartVIISectionAGrp/PersonNm10JOANN DENARDIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR (SMITHBUCKLIN)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt03148
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0150010
IRS990/GrossReceiptsAmt0633735
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt019790
IRS990/InsuranceGrp/TotalAmt03711
IRS990/InvestmentIncomeGrp/ExclusionAmt033725
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033725
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01328157
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01572325
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0146862
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
IRS990/NetAssetsOrFundBalancesBOYAmt01556293
IRS990/NetAssetsOrFundBalancesEOYAmt01599679
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03148
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03148
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0217214
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01556293
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01599679
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt08172
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK & CREDIT CARD FEES
IRS990/OtherExpensesGrp/TotalAmt012386
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032433
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013033
IRS990/PrincipalOfficerNm0JOANN DENARDIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER EDUCATION EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0227700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1199950
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0227700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1199950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222350
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER EDUCATION EVENTS - THE FORUM HOSTS PERIODIC, TIMELY SEMINARS AS WELL AS AN ANNUAL FORUM MAX CONFERENCE, PROVIDING SHORT STREAMLINED PRESENTATIONS FOCUSED ON NEW IDEAS, AS WELL AS BREAKOUT GROUPS AND MEMBER NETWORKING OPPORTUNITIES TO COMPLEMENT ITS ANNUAL MEETING.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt077798
IRS990/PYOtherExpensesAmt01228444
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0890578
IRS990/PYRevenuesLessExpensesAmt0-260068
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01228444
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0968376
IRS990/ReconcilationRevenueExpnssAmt0-173828
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/ExpensesNotRptFinclStmtAmt09919
IRS990ScheduleD/ExpensesSubtotalAmt0650782
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt09919
IRS990ScheduleD/InvestmentExpensesNotIncldAmt09919
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0217214
IRS990ScheduleD/RevenueNotReportedAmt0217214
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt09919
IRS990ScheduleD/RevenueSubtotalAmt0476954
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/TotalExpensesPerForm990Amt0660701
IRS990ScheduleD/TotalRevenuePerForm990Amt0486873
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0694168
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0650782
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORUM HAS DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO SMITHBUCKLIN COPORATION (SMITHBUCKLIN) IN CHICAGO. SMITHBUCKLIN 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 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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01675099
IRS990/TotalAssetsEOYAmt01706378
IRS990/TotalAssetsGrp/BOYAmt01675099
IRS990/TotalAssetsGrp/EOYAmt01706378
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0660701
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0118806
IRS990/TotalLiabilitiesEOYAmt0106699
IRS990/TotalLiabilitiesGrp/BOYAmt0118806
IRS990/TotalLiabilitiesGrp/EOYAmt0106699
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01556293
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01599679
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0450000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt036873
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0450000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0486873
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01675099
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01706378
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOANN DENARDIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03126446610
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-22
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/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/ReturnTs02022-03-10T16:53:01-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOANN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DENARDIS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,706,378
Liabilities
$106,699
Net assets
$1,599,679
Revenue
$486,873
Expenses
$660,701
Net income
-$173,828
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