Civic Intelligence

Forge Academy

990 • Fiscal year 2022 • EIN 46-1626349

Jan 01, 2022 to Dec 31, 2022 • Filed on May 10, 2023

9 Elliewood AveCharlottesville, VA 22903

(804) 337-4256

Siviq Scores

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

Liabilities / Assets

77th percentile

0.23x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.04x

Higher debt load relative to revenue than 58% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

60th percentile

12%

Higher net margin than 60% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

80th percentile

$78,013

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

87th percentile

56%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

37%

Faster revenue growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$170,990

Up $61,650 (+56%) from 2021

Net Assets

Up

$131,287

Up $59,611 (+83%) from 2021

Liabilities

Up

$39,703

Up $2,039 (+5.4%) from 2021

Revenue

Up

$906,204

Up $242,779 (+37%) from 2021

Expenses

Up

$797,612

Up $123,163 (+18%) from 2021

Net Income

Up

$108,592

Up $119,616 (+1085%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2013: $399Liabilities 2013: $100Net Assets 2013: $2992013Assets 2014: $15,876Net Assets 2014: $15,8762014Assets 2015: $13,565Net Assets 2015: $13,5652015Assets 2016: $45,124Net Assets 2016: $45,1242016Assets 2017: $9,117Liabilities 2017: $25,440Net Assets 2017: -$16,3232017Assets 2018: $46,008Liabilities 2018: $40,397Net Assets 2018: $5,6112018Assets 2019: $52,454Liabilities 2019: $16,612Net Assets 2019: $35,8422019Assets 2020: $110,953Liabilities 2020: $25,449Net Assets 2020: $85,5042020Assets 2021: $109,340Liabilities 2021: $37,664Net Assets 2021: $71,6762021Assets 2022: $170,990Liabilities 2022: $39,703Net Assets 2022: $131,2872022Assets 2023: $98,167Liabilities 2023: $43,380Net Assets 2023: $54,7872023Assets 2024: $96,776Liabilities 2024: $40,234Net Assets 2024: $56,5422024

Highlighted filing

2022

Assets$170,990
Liabilities$39,703
Net Assets$131,287

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $80,947Expenses 2013: $80,648Net Income 2013: $2992013Revenue 2014: $112,064Expenses 2014: $96,487Net Income 2014: $15,5772014Revenue 2015: $96,858Expenses 2015: $99,169Net Income 2015: -$2,3112015Revenue 2016: $177,791Expenses 2016: $177,033Net Income 2016: $7582016Revenue 2017: $493,187Expenses 2017: $523,644Net Income 2017: -$30,4572017Revenue 2018: $705,705Expenses 2018: $686,952Net Income 2018: $18,7532018Revenue 2019: $908,666Expenses 2019: $893,778Net Income 2019: $14,8882019Revenue 2020: $674,417Expenses 2020: $630,212Net Income 2020: $44,2052020Revenue 2021: $663,425Expenses 2021: $674,449Net Income 2021: -$11,0242021Revenue 2022: $906,204Expenses 2022: $797,612Net Income 2022: $108,5922022Revenue 2023: $500,532Expenses 2023: $574,836Net Income 2023: -$74,3042023Revenue 2024: $421,492Expenses 2024: $419,737Net Income 2024: $1,7552024

Highlighted filing

2022

Revenue$906,204
Expenses$797,612
Net Income$108,592
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 10, 2023
Return Version
2022v5.0
Gross Receipts
$906,204
Mission and Program Overview

Mission

Provide a forum for intellectual thinking and collaboration amongst programmers, designers, and thinking to further eductate the members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$105,530$167,673▲ $62,143
Land, Buildings, and Equipment, Net$3,810$3,317▼ $493
Total Assets$109,340$170,990▲ $61,650
Liabilities
Accounts Payable and Accrued Expenses$37,664$39,703▲ $2,039
Total Liabilities$37,664$39,703▲ $2,039
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$71,676$131,287▲ $59,611
Total Net Assets Fund Balance$71,676$131,287▲ $59,611
Total Liabilities and Net Assets / Fund Balance$109,340$170,990▲ $61,650

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$3,896-
Leasehold Improvements$3,317$3,623-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amanda CoombsChief Operating OfficerFT$78,013$78,013
Andrew PageExecutive DirectorFT$59,178$59,178
Angela KoukoulasPartnerships DirectorFT$57,745$57,745
Sarah DodgeMarketing DirectorFT$48,836$48,836
Kaleigh WatsonProgram DirectorFT$39,082$39,082
Allison GarrettBusiness Operations and Communications DirectorFT$20,000$20,000
Chip RanslerSecretary-$5,000$5,000

Board Members and Trustees

NameTitle
Clare CarrChairperson
Arthur WuDirector
Eric MartinDirector
Jason BeverageDirector
Mary Larkin DouthittDirector
John FeminellaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$133,162
Program Service Revenue
$772,805
Investment Income
$237
Other Revenue
$0
All Other Contributions
$55,307
Change in Net Assets
$108,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$601,204
Other Expenses$196,408
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$302,854$0$0$302,854
Other Salaries and Wages$233,356$0$0$233,356
Payroll Taxes$42,780$0$0$42,780
Occupancy$37,116$0$0$37,116
Other Employee Benefits$22,214$0$0$22,214
Information Technology$21,631$0$0$21,631
Office Expenses$7,423$0$0$7,423
Other Expenses$6,467$0$0$6,467
Insurance$5,606$0$0$5,606
Fees for Services Accounting$2,313$0$0$2,313
Travel$2,291$0$0$2,291
Advertising$1,555$0$0$1,555
Depreciation Depletion$493$0$0$493
Fees for Services Legal$300$0$0$300
Total Functional Expenses$797,612$0$0$797,612
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
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Forge Academy
EIN
46-1626349
Phone
8043374256
Address
9 ELLIEWOOD AVE, CHARLOTTESVILLE, VA 22903

Signing Officer

Name
Clare Carr
Title
Chairperson
Phone
8043374256
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Coombs
Formed
2012
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
6
Employees
50
Volunteers
75

Preparer

Firm
Efs
Address
0 Court Square, Charlottesville, VA 22902
Preparer
Jennifer M Grimes Ea
Phone
8045018294
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A copy of the 990 is emailed to the board members

Pt VI, Line 15B

He executive director proposes wages for the board's approval

Pt VI, Line 19

Financials are available upon request

Pt VI, Line 8A

Organization does not currently document meetings

Pt VI, Line 8B

Organization does not currently document meetings

Pt VI, Line 15A

He executive director proposes wages for the board's approval

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IRS990/PayrollTaxesGrp/ProgramServicesAmt042780
IRS990/PayrollTaxesGrp/TotalAmt042780
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AMANDA COOMBS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0813910
IRS990/ProgramServiceRevenueGrp/BusinessCd1813910
IRS990/ProgramServiceRevenueGrp/BusinessCd2813910
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2COWORKING
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0772805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAMS GEARED TO TEACH OTHER BUSINESS ENTREPRENEURS TO DEVELOP THE SKILLS NEEDED TO SUCCEED AND BRING THEIR IDEAS TO LIFE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0797612
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0722805
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0170020
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0197790
IRS990/PYProgramServiceRevenueAmt0493405
IRS990/PYRevenuesLessExpensesAmt0-11024
IRS990/PYSalariesCompEmpBnftPaidAmt0476659
IRS990/PYTotalExpensesAmt0674449
IRS990/PYTotalRevenueAmt0663425
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0108592
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0133162
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0170020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0263657
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0142444
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0229955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0939238
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0237
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0237
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0722805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0492770
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0414520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0766222
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0473090
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02869407
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0237
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0237
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03808645
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0855967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0662790
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0678177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0908666
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0703045
IRS990ScheduleA/Total509Grp/TotalAmt03808645
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03808882
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03896
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03896
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03317
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03623
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt06940
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03317
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS EMAILED TO THE BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HE EXECUTIVE DIRECTOR PROPOSES WAGES FOR THE BOARD'S APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIALS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION DOES NOT CURRENTLY DOCUMENT MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION DOES NOT CURRENTLY DOCUMENT MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HE EXECUTIVE DIRECTOR PROPOSES WAGES FOR THE BOARD'S APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0109340
IRS990/TotalAssetsEOYAmt0170990
IRS990/TotalAssetsGrp/BOYAmt0109340
IRS990/TotalAssetsGrp/EOYAmt0170990
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0133162

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.40$0.57$4.21$4.20$0.02
2023Summary only. Only limited summary data is available for this year.$0.98$0.43$0.55$5.01$5.75$0.74
2022Detailed filing. Detailed filing data is available for this year.$1.71$0.40$1.31$9.06$7.98$1.09
2021Summary only. Only limited summary data is available for this year.$1.09$0.38$0.72$6.63$6.74$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.25$0.86$6.74$6.30$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.17$0.36$9.09$8.94$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.40$0.06$7.06$6.87$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.25$0.16$4.93$5.24$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.45$1.78$1.77$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.14$0.97$0.99$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.16$1.12$0.96$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.81$0.81$0.00