World Leadership Foundation Inc
- Assets
- $47.3k
- Revenue
- $2.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 27-0490843
Organization Overview
World Leadership Foundation Inc is located in Boulder, CO. The organization was established in 2010. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Leadership Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, World Leadership Foundation Inc generated $2.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (45.3%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE SECOND YEAR IN A ROW, WORLD LEADERSHIP FOUNDATION COLLECTED A COORDINATORS FUND, WHICH WAS FOCUSED ON COLLECTING INDIVIDUAL DONATIONS AND SUPPLYING DONATIONS TO OUR NETWORK COORDINATORS IN COUNTRIES LIKE PERU, INDIA, AND BELIZE. MANY OF THESE VOLUNTEER COORDINATORS WERE UNABLE TO BUY ENOUGH FOOD DURING THE PANDEMIC, AND THESE DONATIONS HELPED SUPPORT THEIR FAMILIES.WORLD LEADERSHIP FOUNDATION WAS ALSO USED TO FUND PROFESSIONAL LEARNING PROGRAMS FOR A GROWING DIVERSITY OF EDUCATORS FROM INDEPENDENT, PUBLIC, AND CHARTER SCHOOLS. THESE EFFORTS INCLUDED THE REIMAGINE ADVISORY WITH PURPOSE WEBINAR SERIES, LAUNCHED IN 2021, AND THE FOURTH ANNUAL K-12 PURPOSE SUMMIT, WHICH WAS A HYBRID EVENT INCLUDING VIRTUAL AND IN-PERSON SESSION FOR EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Hawk Board Member | OfficerTrustee | 0 | $0 |
Ross Wehner Board Member | OfficerTrustee | 0 | $0 |
David Maher Board Member | Trustee | 0 | $0 |
Bruce Miller Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,090 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,090 |
| Total Program Service Revenue | $0 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,108 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $31,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,842 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,450 |
| Total assets | $47,292 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $22,369 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,369 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $24,923 |
| Total liabilities and net assets/fund balances | $47,292 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that World Leadership Foundation Inc has recieved totaling $32,505.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $20,000 |
Sita Foundation Saratoga, CA PURPOSE: CIVIL LIBERTIES | $12,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |
Friends Of Guadalupe Salt Lake City, UT | $991,216 | $160,574 |
Rockley Family Foundation Inc Golden, CO | $1,094,070 | $6,767,758 |
Castle Rock Lifelong Learning Center Castle Rock, CO | $14,698,293 | $9,801,652 |
Osteopathic Medical Education Consortium Of Oklahoma Inc Tulsa, OK | $3,495,258 | $6,319,915 |
James Megellas Foundation Inc Scottsdale, AZ | $68,107,616 | $5,113,659 |
Steamboat Springs Education Fund Steamboat Springs, CO | $4,415,852 | $5,543,622 |
Sandia Foundation Albuquerque, NM | $101,924,097 | $6,126,551 |
Alpine School District Foundation American Fork, UT | $6,308,177 | $3,699,514 |
Compass For Lifelong Discovery Carbondale, CO | $15,833,149 | $4,673,711 |