Skip to the page content
Your donations
Passes our checks

World Leaders Forum Inc

EIN 47-3666460 · Elgin, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood80 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$117,912
Spending
$122,925
Reserves
10.6 months of spending
Largest source of income
donations and private grants, 57%

Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 80 out of 100. Higher than 55% of charities in its peer group (education, under $250k).

  • Reserves

    28 of 35

    Spendable reserves would cover 10.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 4% of income.

Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $122,925 spent. PY: 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, GENERAL DAVID PETRAEUS AND RT. HON. STEVEN J HARPER IN 2025. 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.

Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2018 for not filing returns for three years, and reinstated on May 15, 2018.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending May 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.