Civic Intelligence

Business Forum Inc

EIN 39-1633391 • 501(c)6 • Madison, WI

990-N Coverage

Profile

To contribute to the professional growth of women in business and related fields through an organized structure and program of community involvement, educational programming and opportunities to network and effectively contribute to the community.

PO Box 8532Madison, WI 53708

www.thebusinessforum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.27x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.33x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

-6.4%

Higher net margin than 36% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

50th percentile

-1.4%

Faster asset growth than 50% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

73%

Faster revenue growth than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$23,494

Down $327 (-1.4%) from 2023

Liabilities

Up

$6,298

Up $890 (+16%) from 2023

Net Assets

Down

$17,196

Down $1,217 (-6.6%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin36th percentile

Revenue

Up

$18,984

Up $8,022 (+73%) from 2023

Expenses

Up

$20,201

Up $5,182 (+35%) from 2023

Net Income

Up

-$1,217

Up $2,840 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2022: $26,420Liabilities 2022: $3,950Net Assets 2022: $22,4702022Assets 2023: $23,821Liabilities 2023: $5,408Net Assets 2023: $18,4132023Assets 2024: $23,494Liabilities 2024: $6,298Net Assets 2024: $17,1962024

Highlighted filing

2024

Assets$23,494
Liabilities$6,298
Net Assets$17,196
Open 2024 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2022: $9,469Expenses 2022: $13,119Net Income 2022: -$3,6502022Revenue 2023: $10,962Expenses 2023: $15,019Net Income 2023: -$4,0572023Revenue 2024: $18,984Expenses 2024: $20,201Net Income 2024: -$1,2172024

Highlighted filing

2024

Revenue$18,984
Expenses$20,201
Net Income-$1,217
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,494
Liabilities
$6,298
Net assets
$17,196
Revenue
$18,984
Expenses
$20,201
Net income
-$1,217
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.5$6.30$17.2$19.0$20.2$1.22
2023Detailed filing. Detailed filing data is available for this year.$23.8$5.41$18.4$11.0$15.0$4.06
2022Detailed filing. Detailed filing data is available for this year.$26.4$3.95$22.5$9.47$13.1$3.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$18,984
Mission and Program Overview

Mission

To contribute to the professional growth of women in business and related fields through an organized structure and program of community involvement, educational programming and opportunities to network and effectively contribute to the community.

Program Services

DescriptionGrantsExpenses
The organization holds monthly membership meetings to provide networking and educational opportunities through programming made up of business and other leaders in the community.-$14,671
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chassidy ComellaPresident-$0--
Shyla Gorham MartinPresident Elect-$0--
Carrie Waters SchmidtPast President-$0--
Cora DecorahTreasurer-$0--
Lindsey HenrySecretary-$0--
Samantha NelsonDirector-$0--
Eva SmithDirector-$0--
Nicole PeckuDirector-$0--
Tyler BukachekDirector-$0--
Emily KuesterDirector-$0--
Olga DaubsDirector-$0--
Prue LothariousDirector-$0--
Chantel SoumisDirector-$0--
Ngina AliDirector-$0--
Filing and Contact Details

Filer

Filer Name
Business Forum Inc
EIN
39-1633391
Phone
6088381019
Address
PO Box 8532, Madison, WI 53708

Signing Officer

Name
Cora Decorah
Title
Treasurer
Phone
6086162906
Signed
2025-05-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“These expenses include website, supplies, telephone, advertising, credit card processing fees, and meeting expenses.”

Form 990-EZ, Part II, Line 24

“This includes prepaid expenses and accounts receivable.”

Form 990-EZ, Part II, Line 26

“This includes accounts payable to The Business Forum Foundation, credit card balance, deferred luncheons, and dues.”

Raw XML Appendix185 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Chassidy Comella
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Lindsey Henry
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13Ngina Ali
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Director
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IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990EZ/TotalRevenueAmt018984
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IRS990EZ/WebsiteAddressTxt0https://www.thebusinessforum.org/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0These expenses include website, supplies, telephone, advertising, credit card processing fees, and meeting expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1This includes prepaid expenses and accounts receivable.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This includes accounts payable to The Business Forum Foundation, credit card balance, deferred luncheons, and dues.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Cora Decorah
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06086162906
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUSINESS FORUM INC
ReturnHeader/Filer/BusinessNameControlTxt0BUSI
ReturnHeader/Filer/EIN0391633391
ReturnHeader/Filer/PhoneNum06088381019
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 8532
ReturnHeader/Filer/USAddress/CityNm0Madison
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053708
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-14T23:54:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits