2024-11-15T11:58:12-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-05-31 931671068 WORLD LIBERTY CONGRESS INC WORL 3462108686 350 5TH AVENUE 4202 NEW YORK NY 10118 LEOPOLDO LOPEZ MENDOZA EXECUTIVE DIRECTOR 3462108686 2024-11-15 1 1 MELISSA MODELSON P01603524 2122862600 2024-11-15 2023 2024-10-15 13:58:12Z X LEOPOLDO LOPEZ MENDOZA 350 5TH AVENUE 4202 NEW YORK NY 10118 1534340 0 X WWW.WORLDLIBERTYCONGRESS.ORG X 2023 DE TO UNITE PEOPLE FROM AROUND THE WORLD TO FIGHT FOR DEMOCRACY AND FREEDOM. WE BUILD NETWORKS OF POLITICAL DISSIDENTS TO SHARE INTELLIGENCE AND STRATEGICALLY GROW PRO-DEMOCRACY MOVEMENTS, SPEAK OUT AGAINST ABUSE, AND SUPPORT THOSE SUFFERING INJUSTICE. WE ARE BUILDING A WORLD OF HOPE, FREEDOM, AND JUSTICE FOR ALL. 4 3 0 6 0 0 1534340 0 0 0 1534340 0 0 45785 0 68439 1277182 1322967 211373 217180 0 217180 X THE CORPORATION SEEKS TO UNITE LEADERS AND PRO-DEMOCRACY MOVEMENTS FROM AUTHORITARIAN COUNTRIES BY SUPPORTING EFFORTS TO ENSURE FREE AND FAIR ELECTIONS, UPHOLD THE RULE OF LAW, FACILITATE RESPECT FOR HUMAN RIGHTS, AND PROMOTE THE RESTORATION OF FREEDOM AND DEMOCRACY. 0 0 715193 0 0 YOUTH LIBERTY CONGRESS: THE YLC BRINGS TOGETHER STUDENT LEADERS ATTENDING UNIVERSITIES IN AUTHORITARIAN COUNTRIES TO BUILD A NETWORK OF DEMOCRATS ACROSS THE WORLD. THEY ORGANIZED THE TEAM AND ELECTED THE YOUTH MEMBERS TO REPRESENT THEM IN THE LEADERSHIP COUNCIL OF THE WLC, IN VILNIUS IN THE GENERAL ASSEMBLY ATTENDING 45 YOUNG LEADERS FROM UNIVERSITIES AROUND THE WORLD. 285651 0 0 FREEDOM ACADEMY: WE BRING ACTIVISTS TOGETHER TO DEVELOP THE KNOWLEDGE, TOOLS, AND STRUCTURE VITAL FOR TAKING THE BATTLE TO AUTOCRATS AND DICTATORS. THE FIRST EVENT TOOK PLACE IN LUSAKA, ZAMBIA. WE TRAINED 56 ACTIVISTS FROM 19 AFRICAN COUNTRIES, DURING 5 DAYS. THE SECOND EVENT WAS IN HEREDIA, COSTA RICA, TO ATTEND 44 ACTIVISTS FROM 4 LATIN AMERICAN COUNTRIES: NICARAGUA, CUBA, BOLIVIA, AND VENEZUELA, FOR 5 DAYS, COVERING ALL THE ISSUES PROGRAMED TO PREPARE THE ACTIVISTS FOR THE NON-VIOLENT RESISTANCE. 16000 0 0 POLITICAL PRISONERS SUPPORT NETWORK: WITH AN ESTIMATED ONE MILLION POLITICAL PRISONERS IN THE WORLD, THE NEED TO OFFER SUPPORT AND RESOURCES TO THEM AND THEIR FAMILIES IS URGENT. OUR POLITICAL PRISONER GUIDE HELPS PRISONERS AND THEIR FAMILIES NAVIGATE THESE MOST DIFFICULT SITUATIONS. IT IS A UNIQUE GUIDE WRITTEN BY PEOPLE WITH DIRECT EXPERIENCE IN CAMPAIGNING FOR UNLAWFULLY DETAINED FAMILY MEMBERS. THE GOAL OF THE YEAR 2023 WAS TO LAUNCH THE HANDBOOK: PATHWAY TO FREEDOM: HANDBOOK FOR THE LIBERATION OF POLITICAL PRISONERS. THE HANDBOOK WAS PRINTED IN ENGLISH, SPANISH AND FRENCH AND IS PUBLISHED ON THE WEB PAGE TO BE USED BY THE POLITICAL PRISONERS AND THEIR FAMILIES. 113914 0 0 FINANCIAL FREEDOM - WE EDUCATE OUR MEMBERS ON THE POWER OF TECHNOLOGIES SUCH AS BITCOIN AND AI IN THE SERVICE OF HUMAN RIGHTS, FINANCIAL FREEDOM, AND CIVIL LIBERTIES, AND ENSURE EMERGENCY FINANCIAL ASSISTANCE IS ACCESSIBLE AT SPEED. 113914 0 0 1130758 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 X CARMEN HERNANDEZ 3462108686 350 5TH AVENUE 4202 NEW YORK NY 10118 LEOPOLDO LOPEZ MENDOZA EXEC. DIR./TREASURER THRU SEPT 2023 34.00 X X 18000 0 0 MASIH ALINEJAD PRESIDENT 3.25 X X 0 0 0 JAVIER EL-HAGE SECRETARY 3.25 X X 0 0 0 GARRY KASPAROV DIRECTOR 3.25 X 0 0 0 CARMEN ELISA HERNANDEZ CFO/TREASURER 20.00 X 27785 0 0 45785 0 0 0 0 0 0 VEGA INTERNATIONAL TRAVEL SERVICES INC 2933 NORTH HERMITAGE AVENUE CHICAGO IL 60657 TRAVEL AGENCY SERVICES 295542 1 1534340 1534340 1534340 0 0 0 X 45785 9000 36785 5645 5645 191812 75299 56513 60000 3706 3706 29467 8367 21100 28131 19692 8439 1018400 1018400 21 21 1322967 1130758 123770 68439 175380 41800 0 217180 0 0 X -51275 268455 0 217180 0 217180 211373 5807 0 X 0 1 X 0 0 X 1534340 1534340 1534340 1534340 102139 1432201 1534340 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION IS REPORTING A SHORT YEAR IN COLUMN (E) 2023 FOR ITS INITIAL YEAR STARTING MAY 31, 2023. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1534340 0 1534340 0 1534340 1322967 0 1322967 0 1322967 PART X, LINE 2: WLC MAKES DISCLOSURES ABOUT THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT WLC HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE TAX PERIODS SINCE INCEPTION REMAINS OPEN TO EXAMINATION. EUROPE (INCLUDING ICELAND & GREENLAND) 0 4 PROGRAM SERVICES WLC FREEDOM PROGRAMS IN EUROPE 793978 CENTRAL AMERICA AND THE CARIBBEAN 0 3 PROGRAM SERVICES WLC FREEDOM ACADEMY IN COSTA RICA 179734 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES WLC FREEDOM ACADEMY IN ZAMBIA 108051 SOUTH AMERICA 0 1 PROGRAM SERVICES WLC FREEDOM PROGRAMS IN SOUTH AMERICA 1545 0 9 0 0 0 9 1083308 0 1083308 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION IS USING THE ACCRUAL METHOD TO ACCOUNT FOR ITS EXPENDITURES. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS TWO CLASSES OF MEMBERSHIP, CLASS A AND CLASS B MEMBERS. THE INDIVIDUALS APPOINTED BY THE INCORPORATOR OF THE CORPORATION SHALL SERVE AS THE INITIAL CLASS A MEMBERS (THE "INITIAL CLASS A MEMBERS") WHO SHALL SERVE IN SUCH ROLE UNTIL SUCH INDIVIDUALS' RESIGNATION OR DEATH. THE INDIVIDUALS WHO ARE THE MEMBERS OF THE CORPORATION'S BOARD OF DIRECTORS (THE "BOARD OF DIRECTORS") SHALL BE THE CLASS B MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A EACH INITIAL CLASS A MEMBER MAY APPOINT A SUCCESSOR UPON WRITTEN NOTICE TO THE BOARD. THE CLASS A MEMBERS SHALL HAVE THE RIGHT TO ELECT, REMOVE WITH OR WITHOUT CAUSE, OR FILL ANY VACANCY OF ANY DIRECTOR (FOR CLARITY, ANY CLASS B MEMBER), NOTWITHSTANDING ANY VOTE OF THE CLASS B MEMBERS TO THE CONTRARY. FORM 990, PART VI, SECTION A, LINE 7B CLASS A MEMBERS HAVE THE RIGHT TO ELECT, REMOVE WITH OR WITHOUT CAUSE, OR FILL ANY VACANCY OF ANY DIRECTOR (FOR CLARITY, ANY CLASS B MEMBER). THE CORPORATION SHALL NOT TAKE ANY OF THE FOLLOWING ACTIONS WITHOUT THE PRIOR APPROVAL OF THE CLASS A MEMBERS: (I) CREATING, DISSOLVING, OR DIVESTING FROM ANY SUBSIDIARY, PARTNERSHIP, OR LIMITED LIABILITY COMPANY; (II) THE SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ANY OR ALL OF THE CORPORATION'S ASSETS; (III) THE MERGER, CONSOLIDATION, DOMESTICATION, OR DISSOLUTION OF THE CORPORATION; OR (IV) AMENDING THE CERTIFICATE OF INCORPORATION OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B DUE TO THE SMALL SIZE OF GOVERNING BODY (4 DIRECTORS), THERES ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE GOVERNING BODY DISCUSSES AND VOTES ON ALL ISSUES RELATING TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER. IT IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER. ANY QUESTIONS THEY HAVE ARE DISCUSSED WITH THE TAX PREPARER, AND A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. ALL BOARD MEMBERS, OFFICERS, EMPLOYEES, AND CONTRACTORS ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AND HAVE A DUTY TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE FULL BOARD IS RESPONSIBLE FOR DETERMINING WHETHER A CONFLICT EXISTS AND HOW TO PROCEED. THE PERSON WITH THE CONFLICT OF INTEREST IS PROHIBITED FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE CEO COMPENSATION IS DETERMINED THROUGH THE USE OF COMPENSATION BENCHMARKING AND IS AGREED UPON BY THE BOARD. THE COMPENSATION REVIEW PROCESS LAST OCCURRED IN 2023. LINE 15B: THE COMPENSATION OF THE CFO IS DETERMINED BY THE ORGANIZATION'S CEO. COMPENSATION FOR STAFF CONTRACTORS, PROGRAM COORDINATORS AND PROGRAM STAFF, IS DECIDED BY THE CEO AND CFO, WHEN THE STAFF IS HIRED. THE DECISION IS RULED BY THE STANDARDS OF THIS KIND OF ORGANIZATION AROUND THE WORLD, THE COUNTRY OF RESIDENCE AND THE EXPERIENCE AND SENIORITY OF THE PROFESSIONAL. THE COMPENSATION REVIEW PROCESS LAST OCCURRED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND FORM 1023 ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 75,299. MANAGEMENT AND GENERAL EXPENSES 56,513. FUNDRAISING EXPENSES 60,000. TOTAL EXPENSES 191,812. WLC OPERATIONS LLC 350 5TH AVENUE NEW YORK NY 10118 TO FIGHT FOR DEMOCRACY AND FREEDOM DE 732540 140219 WORLD LIBERTY CONGRESS INC