Civic Intelligence

Business - Higher Education Forum

990 • Fiscal year 2016 • EIN 34-1986692

Oct 01, 2015 to Sep 30, 2016 • Filed on May 16, 2017

Organization ProfileWWW.BHEF.COM
2025 M Street NW No 800Washington, DC 20036

(202) 367-1189

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.69x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.47x

Higher debt load relative to revenue than 76% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

24th percentile

-8.2%

Higher net margin than 24% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

95th percentile

$320,740

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

11th percentile

-12%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-15%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$1,762,340

Down $10,247 (-0.6%) from 2013

Net Assets

Down

$540,660

Down $773,235 (-59%) from 2013

Liabilities

Up

$1,221,680

Up $762,988 (+166%) from 2013

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin24th percentile

Revenue

$2,618,947

No earlier filing loaded for comparison.

Expenses

Up

$2,834,187

Up $930,810 (+49%) from 2013

Net Income

-$215,240

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,393,221Liabilities 2011: $664,552Net Assets 2011: $728,6692011Assets 2013: $1,772,587Liabilities 2013: $458,692Net Assets 2013: $1,313,8952013Assets 2016: $1,762,340Liabilities 2016: $1,221,680Net Assets 2016: $540,6602016Assets 2017: $2,026,946Liabilities 2017: $1,150,438Net Assets 2017: $876,5082017Assets 2018: $2,625,136Liabilities 2018: $1,248,114Net Assets 2018: $1,377,0222018Assets 2019: $3,043,573Liabilities 2019: $1,356,912Net Assets 2019: $1,686,6612019Assets 2020: $2,337,150Liabilities 2020: $646,924Net Assets 2020: $1,690,2262020Assets 2021: $1,952,069Liabilities 2021: $718,938Net Assets 2021: $1,233,1312021Assets 2022: $2,129,134Liabilities 2022: $665,867Net Assets 2022: $1,463,2672022Assets 2024: $1,614,580Liabilities 2024: $1,361,685Net Assets 2024: $252,8952024

Highlighted filing

2016

Assets$1,762,340
Liabilities$1,221,680
Net Assets$540,660
Open 2016 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,629,1862011Expenses 2013: $1,903,3772013Revenue 2016: $2,618,947Expenses 2016: $2,834,187Net Income 2016: -$215,2402016Revenue 2017: $3,556,394Expenses 2017: $3,229,994Net Income 2017: $326,4002017Revenue 2018: $3,773,901Expenses 2018: $3,269,111Net Income 2018: $504,7902018Revenue 2019: $4,017,282Expenses 2019: $3,763,843Net Income 2019: $253,4392019Revenue 2020: $3,180,611Expenses 2020: $3,220,926Net Income 2020: -$40,3152020Revenue 2021: $1,983,140Expenses 2021: $2,472,146Net Income 2021: -$489,0062021Revenue 2022: $2,813,855Expenses 2022: $2,373,221Net Income 2022: $440,6342022Revenue 2024: $1,969,422Expenses 2024: $2,716,032Net Income 2024: -$746,6102024

Highlighted filing

2016

Revenue$2,618,947
Expenses$2,834,187
Net Income-$215,240
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
May 16, 2017
Return Version
2015v3.0
Gross Receipts
$4,450,760
Mission and Program Overview

Mission

The business-higher education forum (bhef) is a membership organization of fortune 500 ceos, college and university presidents, and other leaders who form strategic partnerships to develop a highly-skilled future workforce. With its members, bhef creates undergraduate pathways to increase baccalaureate attainment; improve alignment between higher education and the workforce; and produce a diverse, highly-skilled talent pool to meet demand in emerging fields.

To advance innovation solutions to america's education challenge's and workforce.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,052,412$888,548▼ $163,864
Cash and Non-Interest-Bearing Accounts$833,734$518,458▼ $315,276
Pledges and Grants Receivable$102,661$324,977▲ $222,316
Accounts Receivable-$20,000-
Prepaid Expenses and Deferred Charges$6,760$10,357▲ $3,597
Total Assets$1,995,567$1,762,340▼ $233,227
Liabilities
Deferred Revenue$1,082,051$926,258▼ $155,793
Accounts Payable and Accrued Expenses$95,359$295,422▲ $200,063
Total Liabilities$1,177,410$1,221,680▲ $44,270
Net Assets / Fund Balance
Unrestricted Net Assets$363,138$280,228▼ $82,910
Temporarily Rstr Net Assets$455,019$260,432▼ $194,587
Total Net Assets Fund Balance$818,157$540,660▼ $277,497
Total Liabilities and Net Assets / Fund Balance$1,995,567$1,762,340▼ $233,227
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian FitzgeraldChief Executive OfficerFT$284,534$36,206$320,740

Board Members and Trustees

NameTitle
Peter a WeinbergChair
Eduardo J PadronImmediate Past Chair
Teresa SullivanVice Chair
Barbara R SnyderBoard Member
Diana NatalicioBoard Member
James P ClementsBoard Member
Jeffrey D ArmstrongBoard Member
John B VeihmeyerBoard Member
Joseph E AounBoard Member
Mark S WrightonBoard Member
Michael D KingBoard Member
Molly Corbett BroadBoard Member
Randy WoodsonBoard Member
Renu KhatorBoard Member
Ryan OakesBoard Member
Wes BushBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Smithbucklin CorporationManagement Services2025 M ST NW SUITE 800, Washington, DC 20036$1,992,071
Revenue and Support

Revenue Composition

Contributions and Grants
$1,113,483
Program Service Revenue
$1,376,667
Investment Income
$125,166
Other Revenue
$3,631
All Other Contributions
$310,175
Change in Net Assets
$-215,240

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,618,947
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$21,743
Total Revenue per Audited Statements
$2,640,690
Total Revenue per Form 990
$2,618,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,834,187
Total Fundraising Expense$12,722
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$1,192,059$382,044$11,083$1,585,186
Fees for Services Other$312,445$4,754-$317,199
Office Expenses$92,580$54,081$616$147,277
Travel$75,193$2,935$45$78,173
Conferences and Meetings$49,953$550-$50,503
Other Expenses$10,306$9,492$978$19,798
Fees for Services Legal$7,949$7,397-$15,346
Fees for Service Investment Mgmnt Fees-$7,004-$7,004
Insurance-$4,968-$4,968
Information Technology$741--$741
All Other Expenses$97,150$-97,150--
Total Functional Expenses$2,308,681$512,784$12,722$2,834,187

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,918,187
Expenses per Audited Statements$2,834,187
Total Expenses per Form 990$2,834,187
Expenses Not Reported on Form 990$84,000
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Smithbucklin performs all management duties.”

Form 990, Part VI, Section A, Line 6

“The forum has one class of membership with no restrictions on the number of members. Members will consist of ceos or other appropriate senior executives of major american business organizations, presidents and chancellors of recognize college and universities as well as ceos or other appropriate senior executives of several of the following organizations: business associations, and foundations and associations of presidents of higher education instructions.”

Form 990, Part VI, Section A, Line 7A

“All sixteen members of the executive committee are elected by the forum's membership.”

Form 990, Part VI, Section A, Line 7B

“Actions may be taken by member of the forum at a semiannual meeting, via teleconference or e-mail or by any other mechanism that the chair may designate. Such actions may be approved by a vote of the majority of members present or participating. The chair shall give members reasonable notice of such votes.”

Form 990, Part VI, Section B, Line 11

“A copy of the form 990 is presented to members of the executive committee for review prior to its being filed.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Business - Higher Education Forum
EIN
34-1986692
Phone
2023671189
Address
2025 M STREET NW NO 800, WASHINGTON, DC 20036
Doing Business As
Bhef

Signing Officer

Name
Brian K Fitzgerald
Title
Chief Executive Officer
Phone
2023671189
Signed
2017-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian K Fitzgerald
Formed
2004
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVENUE SUITE 500, BETHESDA, MD 20814
Preparer
Daniel L Weaver
Phone
3019860600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consultant fees: program service expenses 312,445. Management and general expenses 4,754. Fundraising expenses 0. Total expenses 317,199.”

FORM 990, PART XII, LINE 2C:

“The process for oversight of the audit and selection of an independent accountant has not changed since the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the forum may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the forum and various positions related to potential sources of unrelated business income tax (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal years 2016 or 2015. The forum's policy would be to recognize interest and penalties, if any, on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were assessed or recorded during the years ended september 30, 2016 and 2015.”

Raw XML AppendixShowing 400 of 528 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF EXECUTIVE OFFICER
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE BUSINESS-HIGHER EDUCATION FORUM (BHEF) IS A MEMBERSHIP ORGANIZATION OF FORTUNE 500 CEOS, COLLEGE AND UNIVERSITY PRESIDENTS, AND OTHER LEADERS WHO FORM STRATEGIC PARTNERSHIPS TO DEVELOP A HIGHLY-SKILLED FUTURE WORKFORCE. WITH ITS MEMBERS, BHEF CREATES UNDERGRADUATE PATHWAYS TO INCREASE BACCALAUREATE ATTAINMENT; IMPROVE ALIGNMENT BETWEEN HIGHER EDUCATION AND THE WORKFORCE; AND PRODUCE A DIVERSE, HIGHLY-SKILLED TALENT POOL TO MEET DEMAND IN EMERGING FIELDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0540660
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt097913
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt097913
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-62257
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0616
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt054081
IRS990/OfficeExpensesGrp/ProgramServicesAmt092580
IRS990/OfficeExpensesGrp/TotalAmt0147277
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc1INFRASTRUCTURE FEES
IRS990/OtherExpensesGrp/Desc2EDITING
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0978
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0136709
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19492
IRS990/OtherExpensesGrp/ProgramServicesAmt0344909
IRS990/OtherExpensesGrp/ProgramServicesAmt1100932
IRS990/OtherExpensesGrp/ProgramServicesAmt224464
IRS990/OtherExpensesGrp/ProgramServicesAmt310306
IRS990/OtherExpensesGrp/TotalAmt0344909
IRS990/OtherExpensesGrp/TotalAmt1238619
IRS990/OtherExpensesGrp/TotalAmt224464
IRS990/OtherExpensesGrp/TotalAmt319798
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03631
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03631
IRS990/OtherRevenueTotalAmt03631
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0102661
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0324977
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06760
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010357
IRS990/PrincipalOfficerNm0BRIAN K FITZGERALD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01376667
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01376667
IRS990/ProgSrvcAccomActy2Grp/Desc0CONFERENCES- BHEF SCHEDULES SEMI-ANNUAL MEMBER CONFERENCES TO SUSTAIN THE CONTINUING DIALOGUE BETWEEN ITS CORPORATE, ACADEMIC, AND FOUNDATION MEMBERS ON ISSUES RELATED TO THE U.S. EDUCATION SYSTEM. POLICY-MAKERS FROM STATE AND FEDERAL GOVERNMENTS ARE OFTEN INVITED TO PARTICIPATE IN THESE DISCUSSIONS. ACADEMIC LEADERS IN CUTTING-EDGE EDUCATIONAL ENDEAVORS AND EDUCATION FOUNDATION EXECUTIVES ALSO PARTICIPATE AT THESE MEETINGS MANY GIVE PRESENTATIONS ON SUCCESSFUL LOCAL EDUCATIONAL EFFORTS THAT MAY BE APPLICABLE ON A BROADER REGIONAL OR NATIONAL SCALE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0358525
IRS990/ProgSrvcAccomActy3Grp/Desc0MEMBERSHIP -BHEF INCURS EXPENSES RELATED TO THE BUSINESS OF CONDUCTING MEMBERSHIP ACTIVITY, WHICH INVLOVES RECRUITMENT, RETENTION, AND COMMUNICATION. THIS IS ACHIEVED THROUGH PHONE MEETINGS, CORRESPONDANCE,
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0209987
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNICATIONS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1GOVERNMENTAL RELATIONS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0132852
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1801
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01997052
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt091562
IRS990/PYOtherExpensesAmt02736489
IRS990/PYOtherRevenueAmt0466
IRS990/PYProgramServiceRevenueAmt0984388
IRS990/PYRevenuesLessExpensesAmt0336979
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02736489
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03073468
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-215240
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02490150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02981440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01402829
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01953053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02021535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010849007
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt027253
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt028545
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt036601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt034228
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0161024
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80490
IRS990ScheduleA/PublicSupportPY170Pct00.79020
IRS990ScheduleA/PublicSupportTotal170Amt08861592
IRS990ScheduleA/SubstantialContributorsTotAmt01987415
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02490150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02981440
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01953053
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02021535
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010849007
IRS990ScheduleA/TotalSupportAmt011010031
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt084000
IRS990ScheduleD/DonatedServicesUseFcltsAmt084000
IRS990ScheduleD/ExpensesNotReportedAmt084000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02834187
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-62257
IRS990ScheduleD/RevenueNotReportedAmt021743
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02618947
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FORUM MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FORUM AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2016 OR 2015. THE FORUM'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING THE YEARS ENDED SEPTEMBER 30, 2016 AND 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02834187
IRS990ScheduleD/TotalRevenuePerForm990Amt02618947
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02640690
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02918187
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,762,340
Liabilities
$1,221,680
Net assets
$540,660
Revenue
$2,618,947
Expenses
$2,834,187
Net income
-$215,240
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$1.61$1.36$0.25$1.97$2.72$0.75
2022Summary only. Only limited summary data is available for this year.$2.13$0.67$1.46$2.81$2.37$0.44
2021Summary only. Only limited summary data is available for this year.$1.95$0.72$1.23$1.98$2.47$0.49
2020Summary only. Only limited summary data is available for this year.$2.34$0.65$1.69$3.18$3.22$0.04
2019Summary only. Only limited summary data is available for this year.$3.04$1.36$1.69$4.02$3.76$0.25
2018Summary only. Only limited summary data is available for this year.$2.63$1.25$1.38$3.77$3.27$0.50
2017Summary only. Only limited summary data is available for this year.$2.03$1.15$0.88$3.56$3.23$0.33
2016Detailed filing. Detailed filing data is available for this year.$1.76$1.22$0.54$2.62$2.83$0.22
2013Summary only. Only limited summary data is available for this year.$1.77$0.46$1.31$1.90
2011Summary only. Only limited summary data is available for this year.$1.39$0.66$0.73$1.63