2026-01-23T17:24:52-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2024-07-01 451291310 INTERNATIONAL LEADERSHIP ASSOCIATION INC INTE 2024704818 8601 GEORGIA AVE 1010 SILVER SPRING MD 209103440 CYNTHIA CHERREY PRESIDENT 2024704818 2026-01-22 1 1 ROBERT WILLIAMS P01345960 5712279500 2026-01-22 2024 2025-03-06 01:10:19Z CYNTHIA CHERREY 8601 GEORGIA AVE 1010 SILVER SPRING MD 209103440 1457921 0 X ILAGLOBALNETWORK.ORG X 2011 MD THE MISSION OF THE ILA IS TO ADVANCE LEADERSHIP KNOWLEDGE AND PRACTICE FOR A BETTER WORLD. 19 19 13 431 35485 23268 51777 28460 1183497 1393945 18147 23630 4699 11485 1258120 1457520 0 0 0 0 733803 796389 0 0 63461 514609 740894 1248412 1537283 9708 -79763 629272 621340 396125 468673 233147 152667 INTERNATIONAL LEADERSHIP ASSOCIATION (ILA) IS ORGANIZED FOR EDUCATIONAL PURPOSES TO SERVE AS A GLOBAL NETWORK FOR ALL THOSE WHO PRACTICE, STUDY, AND TEACH LEADERSHIP. THE ILA'S MISSION IS TO ADVANCE LEADERSHIP KNOWLEDGE AND PRACTICE FOR A BETTER WORLD. 0 0 759676 0 969330 CONFERENCES AND WEBINARS: SEVEN CONFERENCES INVOLVING 2100 PARTICIPANTS AND 24 WEBINARS ATTRACTING 2595 REGISTRANTS DEDICATED TO THE STUDY, PRACTICE AND DEVELOPMENT OF LEADERSHIP. 295256 0 409515 MEMBERSHIP BENEFITS AND SERVICES:INITIATIVES INCLUDING 17 MEMBER COMMUNITIES, MEMBERS-ONLY RESOURCES INCLUDING E-BOOK COLLECTIONS, AND NETWORKING OPPORTUNITIES TO SUPPORT THE PROFESSIONAL DEVELOPMENT OF ILA MEMBERS AROUND THE WORLD. 84573 0 21731 PUBLICATIONS AND RESOURCES: THE COMMITTEE FOR THE ADVANCEMENT OF LEADERSHIP PROGRAMS CREATED ILA RESOURCES INCLUDING SIX WEBINARS, JOURNAL ARTICLES, AND A CONSULTING SERVICE TO SUPPORT THE ADVANCEMENT OF LEADERSHIP EDUCATION PROGRAMS.THE COMMITTEE FOR THE ADVANCEMENT OF LEADERSHIP PROGRAMS CREATED ILA RESOURCES INCLUDING SIX WEBINARS, JOURNAL ARTICLES, AND A CONSULTING SERVICE TO SUPPORT THE ADVANCEMENT OF LEADERSHIP EDUCATION PROGRAMS. 1139505 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 13 1 1 1 1 CA BE 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MD X MICHELLE WILSEY 2024704818 8601 GEORGIA AVE 1010 SILVER SPRING MD 209103440 MIKE HARDY DIRECTOR & BOARD CHAIR 5.00 X X 0 0 0 SUSAN MURPHY DIRECTOR & VICE CHAIR & SECRETARY 3.00 X X 0 0 0 CAROLYN STEFANCO DIRECTOR & TREASURER 3.00 X X 0 0 0 DAVID ALTMAN DIRECTOR 1.00 X 0 0 0 ANGELICA LARIOS ARIAS DIRECTOR 1.00 X 0 0 0 HADEEL ANABTAWI DIRECTOR 1.00 X 0 0 0 KEHKASHAN BASU DIRECTOR 1.00 X 0 0 0 TASHA COPPETT DIRECTOR 2.00 X 0 0 0 JOANNE BARNES DIRECTOR 2.00 X 0 0 0 MIKI HIGANO DIRECTOR 1.00 X 0 0 0 ANNIKA HILDING-NORBERG DIRECTOR 1.00 X 0 0 0 KATHRYN JOHNSON DIRECTOR 1.00 X 0 0 0 STEFANIE K JOHNSON DIRECTOR 1.00 X 0 0 0 CLAIRE LACHANCE DIRECTOR 1.00 X 0 0 0 KARA PRICE KING DIRECTOR 1.00 X 0 0 0 BETSY MYERS DIRECTOR 1.00 X 0 0 0 OLIVER SEALE DIRECTOR 1.00 X 0 0 0 GILLIAN SECRETT DIRECTOR 1.00 X 0 0 0 SUZE WILSON DIRECTOR 1.00 X 0 0 0 MICHAEL YAP DIRECTOR 1.00 X 0 0 0 CYNTHIA CHERREY PRESIDENT 32.00 X 120766 0 404 MICHELLE WILSEY SR DIRECTOR OF FINANCE 32.00 X 66474 0 0 GE LIANG MARKETING & BRAND DEV DIR & INTERIM MEMBERSHIP DIR 40.00 X 110000 0 0 297240 0 404 1 0 0 0 0 28460 28460 CONFERENCES 900099 969330 936830 32500 MEMBERSHIP DUES 900099 400630 400630 INNOVATIVE PILOT PROGR 900099 21000 21000 JOB ANNOUNCEMENTS 900099 2985 2985 1393945 23630 23630 5255 5255 731 401 330 330 OTHER SERVICES 900099 5900 5900 5900 1457520 1364690 35485 28885 187752 83321 92303 12128 536770 346488 163767 26515 17694 10516 6254 924 54173 32141 19145 2887 2780 2780 29033 29033 51483 47473 4010 15796 9610 5323 863 82834 72479 5877 4478 2156 1279 762 115 13698 8127 4841 730 508648 498475 10173 2987 1772 1056 159 8987 5332 3176 479 MEMBER SERVICES 22492 22492 1537283 1139505 334317 63461 70959 14935 489024 429022 18085 17422 45207 155746 15604 11389 5093 4215 904 0 629272 621340 30712 41352 365413 427321 396125 468673 X 226579 147700 6568 4967 233147 152667 629272 621340 -79763 -717 0 X 1 X 0 1 0 X 167049 164872 257404 51777 28460 669562 752487 1027536 1122463 1169668 1367137 5439291 919536 1192408 1379867 1221445 1395597 6108853 40544 49554 53559 44578 18365 206600 736 13952 46267 32202 20993 114150 41280 63506 99826 76780 39358 320750 5788103 1845 1373 4383 20264 28885 56750 4496 8626 10482 7365 26188 57157 6341 9999 14865 27629 55073 113907 480 3769 4249 926357 1202407 1398501 1249074 1450670 6227009 0.92950 0.93370 0.01830 0.01070 X 15604 11389 4215 4215 X 1457921 0 1457921 -401 -401 1457520 1537684 401 401 1537283 0 1537283 PART X, LINE 2: FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, ILA HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -401. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 401. FORM 990, PART VI, SECTION A, LINE 1A THE ASSOCIATION SHALL HAVE AN EXECUTIVE CABINET, COMPRISED OF THE OFFICERS OF THE BOARD, THE CHAIRS OF THE BOARD COMMITTEES AND THE PRESIDENT, WHO SHALL SERVE AS AN EX OFFICIO MEMBER. AUTHORITY OF THE EXECUTIVE CABINET: THE BOARD DELEGATES AUTHORITY TO THE EXECUTIVE CABINET AS SPECIFIED IN THE FOLLOWING RESPONSIBILITIES: A) IMPLEMENTS AND ENFORCES DECISIONS OF THE BOARD OF DIRECTORS; ADVISES THE PRESIDENT, REVIEWS MAJOR ISSUES IN-BETWEEN MEETINGS FACING THE ORGANIZATION; ASSISTS THE CHAIR IN DEVELOPING THE AGENDA FOR BOARD MEETINGS; B) KEEPS THE FULL BOARD INFORMED OF ITS ACTIVITIES AND ACTIONS IN AN APPROPRIATELY TIMELY MANNER THROUGH WRITTEN MINUTES AND VERBAL REPORTS AT BOARD MEETINGS; C) FACILITATES AN ANNUAL EVALUATION OF THE STRATEGIC PLAN; D) THE BOARD CHAIR CONDUCTS THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT AND REPORTS THE RESULTS AND RECOMMENDATIONS TO THE EXECUTIVE CABINET AND THE FULL BOARD IN EXECUTIVE SESSION; E) REVIEWS AND RECOMMENDS APPROVAL OF THE ORGANIZATION'S OPERATING BUDGET; AND CONDUCTS A TIMELY REVIEW OF DETAILED FINANCIAL REPORTS PROVIDED BY THE SR. DIRECTOR OF FINANCE IN CONSULTATION WITH THE TREASURER; F) REVIEWS CONTRACTS THAT ARE EXECUTED BY THE STAFF FOR $100,000 OR MORE; G) COORDINATES THE DEVELOPMENT OF POLICIES FOR PRESENTATION TO THE FULL BOARD; H) SERVES AS AN ADVISORY GROUP TO THE PRESIDENT AS NEEDED; I) RE-ALLOCATES RESOURCES IF NECESSARY IN THE BUDGET WITHIN THE GUIDELINES ESTABLISHED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS IN GOOD STANDING ARE ELIGIBLE TO NOMINATE CANDIDATES FOR BOARD SERVICE, SERVE ON THE BOARD OF DIRECTORS, AND SERVE ON ILA COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE SR. DIRECTOR OF FINANCE WORKS WITH THE ACCOUNTING FIRM TO COMPLETE THE DRAFT AND THEN SHE COMPARES IT TO THE PRIOR YEAR AND TO THE RELATED WORK PAPERS. THE FINANCE COMMITTEE AND THE BOARD ARE KEPT INFORMED ON THE 990 TIMELINE. MATERIALS FROM GUIDESTAR ARE DISTRIBUTED IN ADVANCE TO HELP THEM UNDERSTAND THE DOCUMENT. AFTER DISTRIBUTING THE FORM 990 DRAFT WELL IN ADVANCE OF THE MEETING, THE SR. DIRECTOR OF FINANCE WALKS THE FINANCE COMMITTEE THROUGH A REVIEW EACH PAGE. OFTEN THE BOARD CHAIR IS PART OF THAT MEETING. THE BOARD THEN HAS ACCESS TO THE FORM 990 FOR 10+ DAYS SO THEY CAN REVIEW IT INDIVIDUALLY. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY AND THE SR. DIRECTOR OF FINANCE MONITOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. EACH PERSON (STAFF AND DIRECTORS) IS ENCOURAGED AND EXPECTED TO VOICE ANY POTENTIAL COIS TO THEIR SUPERVISOR. THEIR SUPERVISOR BRINGS IT FORWARD TO THE PRESIDENT & SR. DIRECTOR OF FINANCE FOR REVIEW. OUR FINANCE POLICIES HAVE A SEGREGATION OF DUTIES SO THE PERSONS WHO GATHER BIDS (STAFF DIRECTORS) PRESENT THE INFORMATION TO THE SR. DIRECTOR OF FINANCE WHO THEN MAKES A RECOMMENDATION TO THE PRESIDENT, WHO THEN SIGNS CONTRACTS. THIS THREE LEVEL PROCESS PROTECTS THE ASSOCIATION FROM CONFLICTS OF INTERESTS. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO ALL DIRECTORS, OFFICERS, MEMBERS OF BOARD COMMITTEES, AND STAFF. ALL COVERED INDIVIDUALS COMPLETE AND SIGN AN ANNUAL ACKNOWLEDGMENT FORM THAT THEY HAVE RECEIVED AND READ A COPY OF THE POLICY, UNDERSTAND IT, AND AGREE TO ABIDE BY ITS TERMS. WHENEVER A DIRECTOR, OFFICER, OR COMMITTEE MEMBER BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST, WHETHER FINANCIAL OR OTHERWISE, S/HE MAKES THE SITUATION KNOWN TO THE BOARD OR COMMITTEE (AS THE CASE MIGHT BE) AND PROVIDES ALL FACTS MATERIAL TO UNDERSTANDING THE NATURE AND SCOPE OF THE CONFLICT. THE INTERESTED PERSON WITH THE POTENTIAL CONFLICT RETIRES FROM THE MEETING AND DOES NOT PARTICIPATE IN FINAL DISCUSSION AND VOTING ON THE EXISTENCE OF THE CONFLICT. IF A CONFLICT IS FOUND TO EXIST, THE INTERESTED PERSON MAY BE INVITED TO PROVIDE ANY RELEVANT INFORMATION THAT COULD BE OF USE TO THE BOARD IN MAKING ITS DECISION, BUT AGAIN RETIRES AND NOT PARTICIPATE IN THE FINAL DISCUSSION AND VOTING REGARDING THE TRANSACTION. WHENEVER A STAFF MEMBER BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST IN AN AREA WHERE S/HE EXERCISES ANY DISCRETION IN CARRYING OUT HER/HIS DUTIES FOR THE ILA, S/HE PROMPTLY DISCLOSES THE POTENTIAL CONFLICT TO THE DIRECTOR OR THE PRESIDENT. IF THE PRESIDENT HAS A POTENTIAL CONFLICT, S/HE DISCLOSES IT TO THE BOARD OR AN EXECUTIVE CABINET. THE PERSON OR BODY TO WHOM DISCLOSURE IS MADE (HEREINAFTER "SUPERVISOR") DETERMINES WHETHER THERE IS A CONFLICT THAT REQUIRES RECUSAL OF THE INTERESTED PERSON. WHEN A CONFLICT IS FOUND TO EXIST, THE INTERESTED PERSON PROVIDES THE SUPERVISOR WITH ALL INFORMATION S/HE HAS RELEVANT TO ANY DECISION TO BE MADE IN WHICH S/HE HAS AN INTEREST, AND THE FINAL DECISION IS MADE BY THE SUPERVISOR. FORM 990, PART VI, SECTION B, LINE 15 XI. EXECUTIVE COMPENSATION POLICY A. THIS POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF THE ILA APPLIES TO THE COMPENSATION OF THE FOLLOWING PERSONS EMPLOYED BY THE ORGANIZATION: THE ILA'S CHIEF EMPLOYED EXECUTIVE, OR ANY ADDITIONAL KEY EMPLOYEES OR CONSULTANTS OF THE ORGANIZATION WHO SHALL BE DESIGNATED AS "HIGHLY COMPENSATED" EMPLOYEES OR CONSULTANTS IN THEIR EMPLOYMENT OR CONSULTING CONTRACT. B. THE PRESIDENT OF THE ILA IS THE PRINCIPAL REPRESENTATIVE OF THE ORGANIZATION, AND THE PERSON RESPONSIBLE FOR ITS EFFICIENT AND EFFECTIVE OPERATION. THEREFORE, IT IS THE DESIRE OF THE ILA TO PROVIDE A FAIR YET REASONABLE AND NOT EXCESSIVE COMPENSATION FOR THE PRESIDENT (AND ANY OTHER HIGHLY COMPENSATED EMPLOYEES AND CONSULTANTS). C. THE ANNUAL PROCESS FOR DETERMINING COMPENSATION IS AS FOLLOWS: THE ILA EXECUTIVE CABINET (UNLESS A COMPENSATION COMMITTEE IS FORMED) THROUGH ITS BOARD CHAIR ANNUALLY EVALUATES THE PRESIDENT ON HER PERFORMANCE, AND ASK FOR HER INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. THE EXECUTIVE CABINET WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR THE COMPENSATION (SALARY AND BENEFITS) OF THE PRESIDENT (AND OTHER HIGHLY COMPENSATED EMPLOYEES OR CONSULTANTS) BASED ON A REVIEW OF COMPARABILITY DATA. FOR EXAMPLE, THIS DATA MAY INCLUDE THE FOLLOWING: I. SALARY AND BENEFIT COMPENSATION STUDIES BY INDEPENDENT SOURCES; II. WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS; III. DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS; AND IV. INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. D. CONCURRENT DOCUMENTATION. TO APPROVE THE COMPENSATION FOR THE PRESIDENT (AND OTHER HIGHLY COMPENSATED EMPLOYEES AND CONSULTANTS) THE BOARD OF DIRECTORS MUST DOCUMENT HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED, IN MINUTES OF THE MEETING DURING WHICH THE COMPENSATION WAS APPROVED. DOCUMENTATION WILL INCLUDE: I. A DESCRIPTION OF THE COMPENSATION AND BENEFITS AND THE DATE IT WAS APPROVED; II. THE MEMBERS OF THE BOARD WHO WERE PRESENT DURING THE DISCUSSION ABOUT COMPENSATION AND BENEFITS, AND THE RESULTS OF THE VOTE; III. A DESCRIPTION OF THE COMPARABILITY DATA RELIED UPON AND HOW THE DATA WAS OBTAINED; AND IV. ANY ACTIONS TAKEN (SUCH AS ABSTAINING FROM DISCUSSION AND VOTE) WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE BOARD BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION AND BENEFITS. E. INDEPENDENCE IN SETTING COMPENSATION: THE CHAIR OF THE BOARD OF DIRECTORS, WHO IS A VOLUNTEER AND NOT COMPENSATED BY THE ILA, WILL OPERATE INDEPENDENTLY WITHOUT UNDUE INFLUENCE FROM THE PRESIDENT. NO MEMBER OF THE EXECUTIVE CABINET WHO IS A STAFF MEMBER OR THE RELATIVE OF A STAFF MEMBER WILL PARTICIPATE IN EXECUTING THIS POLICY, NOR SHALL ANY EXECUTIVE CABINET MEMBER HAVE A RELATIONSHIP WITH STAFF THAT COULD PRESENT A CONFLICT OF INTEREST. THIS PROCESS WAS LAST PERFORMED IN FY 2025 FORM 990, PART VI, SECTION C, LINE 19 THE ILA MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.