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Foundation For The Realization Of Human Potential Nfp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208991580 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For The Realization Of Human Potential Nfp?

The Foundation For The Realization Of Human Potential Nfp is a nonprofit organization, operating under Section 501(c)(3) of the Internal Revenue Code, with a mission to empower individuals to lead radiant and authentic lives. By fostering conscious self-transformation and leadership, this charity aims to help others unlock their full potential. The organization's activities encompass religious, charitable, educational, and scientific pursuits, supporting its mission to uplift and inspire.


Official website here: www.wrightfoundation.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)

The Foundation For The Realization Of Human Potential Nfp has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization scored 94% in these areas, reflecting effective governance and financial health. A notable strength is its independent board members, with 83% independence, showcasing a robust oversight capability.

Additionally, the foundation demonstrates high program expense efficiency, with 80.69% of its expenditures allocated directly to its programs. This highlights the organization's focus on maximizing impact rather than administrative costs. Furthermore, it has a low liabilities to assets ratio of 2.35%, indicating sound financial management.

However, a limitation noted in the evaluation is the absence of a whistleblower policy, which could enhance transparency and accountability within the organization. Despite this, the overall financial practices and governance indicate a well-managed nonprofit dedicated to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation For The Realization Of Human Potential Nfp legitimate?

Foundation For The Realization Of Human Potential Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Realization Of Human Potential Nfp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $388,337
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,856,002

For more financial information, click here


Official website here: www.wrightfoundation.org/

What is the mission statement of Foundation For The Realization Of Human Potential Nfp?

The Foundation For The Realization of Human Potential NFP is dedicated to its mission of fostering radiant and authentic lives for individuals, as well as encouraging others to unlock their full potential. This is accomplished through a focus on personal transformation and leadership development, with a strong emphasis on conscious engagement. The organization operates under the guidelines of Section 501(c)(3) of the United States Internal Revenue Code, serving its purpose in the realms of religion, charity, education, and science.


Official website here: www.wrightfoundation.org/

Who is the CEO of Foundation For The Realization Of Human Potential Nfp?

Thomas Terry is the Chairman Of The Board of Foundation For The Realization Of Human Potential Nfp. The CEO's salary of Foundation For The Realization Of Human Potential Nfp is $86,670 and their total compensation is $86,670.


Official website here: www.wrightfoundation.org/

What is the revenue of Foundation For The Realization Of Human Potential Nfp?

Foundation For The Realization Of Human Potential Nfp's revenue in 2022 was $5,977,702.


Official website here: www.wrightfoundation.org/

Who are the executives of Foundation For The Realization Of Human Potential Nfp and what are their salaries?

The average compensation at Foundation For The Realization Of Human Potential Nfp during 2022 was $53,437. There are 42 employees and 225 volunteers at Foundation For The Realization Of Human Potential Nfp.


Here are 18 key members and their salaries (Foundation For The Realization Of Human Potential Nfp's CEO's salary is $86,670 and their total compensation is $86,670):


Thomas Terry (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Stan Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Davidoff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Lyons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Wilson Smithbauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Judith Wright (President & Director)
  • Compensation: $241,667
  • Related: $0
  • Other: $0
Dr Robert Wright (Ceo & Director)
  • Compensation: $86,670
  • Related: $0
  • Other: $0
Dr Michael Zwell (Chancellor And Faculty)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Dave Stamm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Delves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sahar Malik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Noble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Denton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beryl Stromsta (Senior Coach)
  • Compensation: $97,017
  • Related: $0
  • Other: $0
Barbara Burgess (Chief Vision Realization Officer)
  • Compensation: $101,297
  • Related: $0
  • Other: $0
Kate Holmquest (Campus Director)
  • Compensation: $142,358
  • Related: $0
  • Other: $0
Kelly Shingleton (Finance Manager)
  • Compensation: $110,476
  • Related: $0
  • Other: $0
Philip Blue (Director Of Operations)
  • Compensation: $144,503
  • Related: $0
  • Other: $0


Official website here: www.wrightfoundation.org/

Where can I find the form 990 for Foundation For The Realization Of Human Potential Nfp?

Foundation For The Realization Of Human Potential Nfp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wrightfoundation.org/

Learn more at the official website: www.wrightfoundation.org/

Mission Statement of Foundation For The Realization Of Human Potential Nfp

The Foundation for the Realization of Human Potential NFP is dedicated to serving a noble purpose, operating under the guidelines of Section 501(c)(3) of the Internal Revenue Code. Its primary mission, as stated in a concise yet comprehensive manner, is to encourage individuals to lead radiant and authentic lives. This organization strives to achieve this goal by fostering an environment that encourages self-transformation and leadership development. By actively engaging in their personal growth and leadership journeys, individuals are empowered to unlock their full potential. In essence, the Foundation for the Realization of Human Potential NFP seeks to contribute to society by nurturing individuals who can lead fulfilling and impactful lives.

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Impact




October, 2024

Foundation For The Realization Of Human Potential Nfp plays a significant role in fostering personal and communal development. Its mission centers around encouraging individuals to lead radiant and authentic lives, emphasizing the importance of individual transformation and leadership. By providing educational resources and support, the foundation empowers people to actively engage in their own growth, motivating them to unlock their potential.

This impact is not limited to individual transformations; it extends to creating a ripple effect within communities. As individuals undergo personal development, they often inspire and lead others, contributing to a collective uplift in societal engagement and skills. The foundation's initiatives promote a deeper understanding of personal and leadership capabilities, ultimately enhancing the quality of life for participants and their communities in Chicago and beyond. Through its focused efforts on education and empowerment, the foundation actively cultivates an environment of growth and positivity.




This information is meant to be a general summary of Foundation For The Realization Of Human Potential Nfp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,977,702 (2022)
Expenses
$6,532,185 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,819,034
  • Gross Receipts: $5,977,702

Assets and Liabilities:

  • Total Assets: $6,488,738
  • Total Liabilities: $152,836
  • Net Assets: $6,335,902

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Interest Revenue on Loans

Revenue

$7,241

Program Services Revenues

Revenue

$2,409,459

Graduation & application fees
Tuition

Revenue

$355,494

Miscellaneous

Organization Details

Founding Year

2007

Principal Officer

Thomas Terry

Main Address

445 East Ohio St, Chicago, IL, 60611

NTEE Category

Code: B82 - Education

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