Civic Intelligence

Forge Inc

EIN 71-0674001 • 501(c)3 • Huntsville, AR

Profile

To assist in long term economic growth and revitalization of rural communities and farm related enterprises in the ozark region of arkansas, missouri, oklahoma, and louisiana.

PO Box 1138Huntsville, AR 72740-1138

www.forgefund.org

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.68x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

5.26x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

5th percentile

-56%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-12%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-35%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$11,375,673

Down $1,501,350 (-12%) from 2023

Liabilities

Down

$7,719,131

Down $651,845 (-7.8%) from 2023

Net Assets

Down

$3,656,542

Down $849,505 (-19%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin5th percentile

Revenue

Down

$1,468,312

Down $773,581 (-35%) from 2023

Expenses

Up

$2,289,190

Up $142,935 (+6.7%) from 2023

Net Income

Down

-$820,878

Down $916,516 (-958%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$15M$10M$5.0M$0Assets 2011: $2,013,038Liabilities 2011: $1,589,580Net Assets 2011: $423,4582011Assets 2012: $2,392,449Liabilities 2012: $1,927,539Net Assets 2012: $464,9102012Assets 2013: $3,519,251Liabilities 2013: $2,496,859Net Assets 2013: $1,022,3922013Assets 2014: $4,283,906Liabilities 2014: $3,235,923Net Assets 2014: $1,047,9832014Assets 2015: $4,576,488Liabilities 2015: $3,451,865Net Assets 2015: $1,124,6232015Assets 2016: $5,421,157Liabilities 2016: $3,998,280Net Assets 2016: $1,422,8772016Assets 2017: $6,880,152Liabilities 2017: $5,410,337Net Assets 2017: $1,469,8152017Assets 2018: $7,211,168Liabilities 2018: $5,555,272Net Assets 2018: $1,655,8962018Assets 2019: $8,005,319Liabilities 2019: $5,792,855Net Assets 2019: $2,212,4642019Assets 2020: $9,139,095Liabilities 2020: $6,202,743Net Assets 2020: $2,936,3522020Assets 2021: $10,015,357Liabilities 2021: $5,942,470Net Assets 2021: $4,072,8872021Assets 2022: $11,064,924Liabilities 2022: $6,654,515Net Assets 2022: $4,410,4092022Assets 2023: $12,877,023Liabilities 2023: $8,370,976Net Assets 2023: $4,506,0472023Assets 2024: $11,375,673Liabilities 2024: $7,719,131Net Assets 2024: $3,656,5422024

Highlighted filing

2024

Assets$11,375,673
Liabilities$7,719,131
Net Assets$3,656,542
Open 2024 Filing

Operations Trend

Revenue Growth7th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $286,738Expenses 2011: $172,485Net Income 2011: $114,2532011Revenue 2012: $237,597Expenses 2012: $196,145Net Income 2012: $41,4522012Revenue 2013: $815,627Expenses 2013: $258,145Net Income 2013: $557,4822013Revenue 2014: $309,648Expenses 2014: $284,057Net Income 2014: $25,5912014Revenue 2015: $354,074Expenses 2015: $277,434Net Income 2015: $76,6402015Revenue 2016: $611,920Expenses 2016: $313,656Net Income 2016: $298,2642016Revenue 2017: $470,924Expenses 2017: $423,986Net Income 2017: $46,9382017Revenue 2018: $579,068Expenses 2018: $392,987Net Income 2018: $186,0812018Revenue 2019: $1,384,909Expenses 2019: $712,002Net Income 2019: $672,9072019Revenue 2020: $1,553,352Expenses 2020: $821,269Net Income 2020: $732,0832020Revenue 2021: $2,246,755Expenses 2021: $1,110,220Net Income 2021: $1,136,5352021Revenue 2022: $1,965,897Expenses 2022: $1,628,375Net Income 2022: $337,5222022Revenue 2023: $2,241,893Expenses 2023: $2,146,255Net Income 2023: $95,6382023Revenue 2024: $1,468,312Expenses 2024: $2,289,190Net Income 2024: -$820,8782024

Highlighted filing

2024

Revenue$1,468,312
Expenses$2,289,190
Net Income-$820,878
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$11,375,673
Liabilities
$7,719,131
Net assets
$3,656,542
Revenue
$1,468,312
Expenses
$2,289,190
Net income
-$820,878
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.4$7.72$3.66$1.47$2.29$0.82
2023Detailed filing. Detailed filing data is available for this year.$12.9$8.37$4.51$2.24$2.15$0.10
2022Detailed filing. Detailed filing data is available for this year.$11.1$6.65$4.41$1.97$1.63$0.34
2021Detailed filing. Detailed filing data is available for this year.$10.0$5.94$4.07$2.25$1.11$1.14
2020Detailed filing. Detailed filing data is available for this year.$9.14$6.20$2.94$1.55$0.82$0.73
2019Detailed filing. Detailed filing data is available for this year.$8.01$5.79$2.21$1.38$0.71$0.67
2018Detailed filing. Detailed filing data is available for this year.$7.21$5.56$1.66$0.58$0.39$0.19
2017Detailed filing. Detailed filing data is available for this year.$6.88$5.41$1.47$0.47$0.42$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.42$4.00$1.42$0.61$0.31$0.30
2015Detailed filing. Detailed filing data is available for this year.$4.58$3.45$1.12$0.35$0.28$0.08
2014Detailed filing. Detailed filing data is available for this year.$4.28$3.24$1.05$0.31$0.28$0.03
2013Summary only. Only limited summary data is available for this year.$3.52$2.50$1.02$0.82$0.26$0.56
2012Summary only. Only limited summary data is available for this year.$2.39$1.93$0.46$0.24$0.20$0.04
2011Summary only. Only limited summary data is available for this year.$2.01$1.59$0.42$0.29$0.17$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Apr 20, 2025
Return Version
2023v6.0
Gross Receipts
$1,468,312
Mission and Program Overview

Mission

To assist in long term economic growth and revitalization of rural communities and farm related enterprises in the ozark region of arkansas, missouri, and oklahoma.

To assist in long term economic growth and revitalization of rural communities and farm related enterprises in the ozark region of arkansas, missouri, oklahoma, and louisiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$7,041,527$6,366,617▼ $674,910
Cash and Non-Interest-Bearing Accounts$5,339,184$4,245,915▼ $1,093,269
Pledges and Grants Receivable$217,843$382,078▲ $164,235
Land, Buildings, and Equipment, Net$226,192$218,237▼ $7,955
Prepaid Expenses and Deferred Charges$15,311$13,940▼ $1,371
Total Assets$12,877,023$11,375,673▼ $1,501,350
Other Assets Total$36,966$148,886▲ $111,920
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,778,395$6,458,456▼ $319,939
Other Liabilities$1,306,023$1,125,022▼ $181,001
Accounts Payable and Accrued Expenses$286,558$135,653▼ $150,905
Total Liabilities$8,370,976$7,719,131▼ $651,845
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,850,411$3,006,502▼ $843,909
Net Assets With Donor Restrictions$655,636$650,040▼ $5,596
Total Net Assets Fund Balance$4,506,047$3,656,542▼ $849,505
Total Liabilities and Net Assets / Fund Balance$12,877,023$11,375,673▼ $1,501,350

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$159,811$37,385$197,196
Land$55,000-$55,000
Equipment$3,426$32,553$35,979
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
James MorganPresident
Greg ModicaDirector
Herb CulverDirector
Jessica FrittsSecretary/tr
Mary SanchezVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$897,975
Program Service Revenue
$41,085
Investment Income
$529,252
Other Revenue
$0
All Other Contributions
$56,954
Change in Net Assets
$-820,878

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,468,312
Total Revenue per Audited Statements
$1,468,312
Total Revenue per Form 990
$1,468,312
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,156,947
Salaries, Compensation, and Employee Benefits$1,132,243
Total Fundraising Expense$66,479
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$707,042$148,883$49,157$905,082
Other Employee Benefits$125,102$26,343$8,698$160,143
Interest$88,777--$88,777
Payroll Taxes$52,354$11,024$3,640$67,018
Fees for Services Accounting-$36,223-$36,223
Information Technology$27,644$5,821$1,922$35,387
Conferences and Meetings$26,158$4,360-$30,518
Occupancy$14,080$5,506$2,108$21,694
Insurance-$18,205-$18,205
Office Expenses$13,724$2,890$954$17,568
All Other Expenses-$15,832-$15,832
Advertising$11,735--$11,735
Depreciation Depletion$1,130$6,825-$7,955
Other Expenses$6,300--$6,300
Fees for Services Other$200--$200
Total Functional Expenses$1,940,799$281,912$66,479$2,289,190

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,289,190
Total Expenses per Audited Statements$2,289,190
Total Expenses per Form 990$2,289,190
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Herbert Culver IiiTrusteeDebt Service PaymentNo$13,314
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investor Deposits$1,125,022
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“MEMBERS”

Form 990, Page 6, Part VI, Line 7A

“YES, MEMBERS”

Form 990, Page 6, Part VI, Line 7B

“YES”

Form 990, Page 6, Part VI, Line 11B

“Complete copy of form 990 and all schedules were emailed to board members prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“The forge board and staff actively monitor possible conflicts of interest. As stated in the forge by-laws and personnel policy manual, it is the responsibility of staff members and board members to divulge any financial interest that they may have in the loan approval or investor acceptance process. Possible conflicts of interest are discussed at the quarterly forge board of trustee meetings when the forge board of trustees reviews and approves all new loans, reiviews the loan portfolio, internal financial reports, and examines loan committee reports.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Forge Inc
EIN
71-0674001
Phone
4797381585
Address
PO BOX 1138, HUNTSVILLE, AR 72740-1138

Signing Officer

Name
James Morgan
Title
President
Phone
4797381585
Signed
2025-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Morgan
Formed
1988
Legal Domicile
Ar
Voting Board Members
5
Independent Board Members
5
Employees
10

Preparer

Firm
Prz Cpas & Advisors
Address
4200 JENNY LIND RD STE B, FORT SMITH, AR 72901
Preparer
Marc Lux CPA
Phone
4796490888
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Prior period adjustment to correct prior year loan receivable balance.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization follows the guidance of the accounting standards codification (asc) 740, accounting for income taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the year ended september 30, 2024, management of the organization is not aware of any material uncertain tax positions. All tax exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the internal revenue code and applicable state statues. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns.”

Raw XML AppendixShowing 400 of 420 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0286558
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0135653
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ASSIST IN LONG TERM ECONOMIC GROWTH AND REVITALIZATION OF RURAL COMMUNITIES AND FARM RELATED ENTERPRISES IN THE OZARK REGION OF ARKANSAS, MISSOURI, OKLAHOMA, AND LOUISIANA.
IRS990/AdvertisingGrp/ProgramServicesAmt011735
IRS990/AdvertisingGrp/TotalAmt011735
IRS990/AllOtherContributionsAmt056954
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt015832
IRS990/AllOtherExpensesGrp/TotalAmt015832
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04797381585
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04415 US HIGHWAY 412 BUSINESS
IRS990/BooksInCareOfDetail/USAddress/CityNm0HUNTSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072740
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt05339184
IRS990/CashNonInterestBearingGrp/EOYAmt04245915
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04360
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt026158
IRS990/ConferencesMeetingsGrp/TotalAmt030518
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0897975
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0529252
IRS990/CYOtherExpensesAmt01156947
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt041085
IRS990/CYRevenuesLessExpensesAmt0-820878
IRS990/CYSalariesCompEmpBnftPaidAmt01132243
IRS990/CYTotalExpensesAmt02289190
IRS990/CYTotalFundraisingExpenseAmt066479
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01468312
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06825
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01130
IRS990/DepreciationDepletionGrp/TotalAmt07955
IRS990/Desc0PROVIDED LOANS TO SMALL BUSINESSES AND AGRICULTURAL ENTERPRISES IN ACCORDANCE WITH THE EXEMPT FUNCTION AND MISSION OF THE ORGANIZATION: PROVIDED EDUCATIONAL ASSISTANCE AND TRAINING TO SMALL BUSINESSES AND AGRICULTURAL ENTERPRISES IN ACCORDANCE WITH THE EXEMPT FUNCTION AND MISSION OF THE ORGANIZATION. FORGE CLOSED 88 LOANS VALUED AT 2,432,287 AND WAS RECOGNIZED AS THE ARKANSAS MICROLENDER OF THE YEAR BY SMALL BUSINESS ADMINISTRATION. 47 LOANS WERE TO WOMEN, 10 LOANS WERE TO VETERANS, AND 46 LOANS WERE TO LOW-INCOME BORROWERS. 44 LOANS WERE IN RURAL CENSUS TRACTS AND 44 LOANS WERE IN URBAN CENSUS TRACTS. THE FORGE LOAN PORTOLIO CONSISTS OF 427 INDIVIDUAL LOANS VALUED AT 6,931,739.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0655636
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0650040
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01940799
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt036223
IRS990/FeesForServicesAccountingGrp/TotalAmt036223
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0200
IRS990/FeesForServicesOtherGrp/TotalAmt0200
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0HERB CULVER
IRS990/Form990PartVIISectionAGrp/PersonNm1JESSICA FRITTS
IRS990/Form990PartVIISectionAGrp/PersonNm2GREG MODICA
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY SANCHEZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0841021
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01468312
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01922
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05821
IRS990/InformationTechnologyGrp/ProgramServicesAmt027644
IRS990/InformationTechnologyGrp/TotalAmt035387
IRS990/InsuranceGrp/ManagementAndGeneralAmt018205
IRS990/InsuranceGrp/TotalAmt018205
IRS990/InterestGrp/ProgramServicesAmt088777
IRS990/InterestGrp/TotalAmt088777
IRS990/InvestmentIncomeGrp/ExclusionAmt030743
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0498509
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0529252
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt069938
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0226192
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0218237
IRS990/LandBldgEquipCostOrOtherBssAmt0288175
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ASSIST IN LONG TERM ECONOMIC GROWTH AND REVITALIZATION OF RURAL COMMUNITIES AND FARM RELATED ENTERPRISES IN THE OZARK REGION OF ARKANSAS, MISSOURI, OKLAHOMA, AND LOUISIANA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06778395
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06458456
IRS990/NetAssetsOrFundBalancesBOYAmt04506047
IRS990/NetAssetsOrFundBalancesEOYAmt03656542
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03850411
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03006502
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt02108
IRS990/OccupancyGrp/ManagementAndGeneralAmt05506
IRS990/OccupancyGrp/ProgramServicesAmt014080
IRS990/OccupancyGrp/TotalAmt021694
IRS990/OfficeExpensesGrp/FundraisingAmt0954
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02890
IRS990/OfficeExpensesGrp/ProgramServicesAmt013724
IRS990/OfficeExpensesGrp/TotalAmt017568
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt036966
IRS990/OtherAssetsTotalGrp/EOYAmt0148886
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08698
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026343
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0125102
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0160143
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1LOAN PROGRAM
IRS990/OtherExpensesGrp/Desc2CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc3GRANT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0726239
IRS990/OtherExpensesGrp/ProgramServicesAmt170319
IRS990/OtherExpensesGrp/ProgramServicesAmt269995
IRS990/OtherExpensesGrp/ProgramServicesAmt36300
IRS990/OtherExpensesGrp/TotalAmt0726239
IRS990/OtherExpensesGrp/TotalAmt170319
IRS990/OtherExpensesGrp/TotalAmt269995
IRS990/OtherExpensesGrp/TotalAmt36300
IRS990/OtherLiabilitiesGrp/BOYAmt01306023
IRS990/OtherLiabilitiesGrp/EOYAmt01125022
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt049157
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0148883
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0707042
IRS990/OtherSalariesAndWagesGrp/TotalAmt0905082
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07041527
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06366617
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03640
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011024
IRS990/PayrollTaxesGrp/ProgramServicesAmt052354
IRS990/PayrollTaxesGrp/TotalAmt067018
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0217843
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0382078
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015311
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013940
IRS990/PrincipalOfficerNm0JAMES MORGAN
IRS990/PriorPeriodAdjustmentsAmt0-28627
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN FILING AND CLOSING FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028928
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112157
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01783043
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0409746
IRS990/PYOtherExpensesAmt01168748
IRS990/PYOtherRevenueAmt049104
IRS990/PYRevenuesLessExpensesAmt095638
IRS990/PYSalariesCompEmpBnftPaidAmt0977507
IRS990/PYTotalExpensesAmt02146255
IRS990/PYTotalRevenueAmt02241893
IRS990/ReconcilationRevenueExpnssAmt0-820878
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt041085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0897975
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01783043
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01543577
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01852638
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01132668
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07209901
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt024694
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02817
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01659
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04194
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt064107
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0539594
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0434156
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0419503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0392458
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0416490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02202201
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030743
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt024694
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02817
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01659
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04194
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt064107
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99320
IRS990ScheduleA/PublicSupportPY509Pct00.99580
IRS990ScheduleA/PublicSupportTotal509Amt09412102
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01437569
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02217199
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01963080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02245096
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01549158
IRS990ScheduleA/Total509Grp/TotalAmt09412102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01468312
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02241893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01965897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02246755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01553352
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09476209
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/BuildingsGrp/BookValueAmt0159811
IRS990ScheduleD/BuildingsGrp/DepreciationAmt037385
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0197196
IRS990ScheduleD/EquipmentGrp/BookValueAmt03426
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032553
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035979
IRS990ScheduleD/ExpensesSubtotalAmt02289190
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt055000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt055000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01125022
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTOR DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01468312
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE GUIDANCE OF THE ACCOUNTING STANDARDS CODIFICATION (ASC) 740, ACCOUNTING FOR INCOME TAXES, RELATED TO UNCERTAINTIES IN INCOME TAXES, WHICH PRESCRIBES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THE YEAR ENDED SEPTEMBER 30, 2024, MANAGEMENT OF THE ORGANIZATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS. ALL TAX EXEMPT ENTITIES ARE SUBJECT TO REVIEW AND AUDIT BY FEDERAL, STATE AND OTHER APPLICABLE AGENCIES. SUCH AGENCIES MAY REVIEW THE TAXABILITY OF UNRELATED BUSINESS INCOME, OR THE QUALIFICATION OF THE TAX-EXEMPT ENTITY UNDER THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUES. FOR FEDERAL TAX PURPOSES, THE TAX RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0218237
IRS990ScheduleD/TotalExpensesPerForm990Amt02289190
IRS990ScheduleD/TotalLiabilityAmt01125022
IRS990ScheduleD/TotalRevenuePerForm990Amt01468312
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01468312
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02289190
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0HERBERT CULVER III
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TRUSTEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt013314
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DEBT SERVICE PAYMENT
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES, MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPLETE COPY OF FORM 990 AND ALL SCHEDULES WERE EMAILED TO BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORGE BOARD AND STAFF ACTIVELY MONITOR POSSIBLE CONFLICTS OF INTEREST. AS STATED IN THE FORGE BY-LAWS AND PERSONNEL POLICY MANUAL, IT IS THE RESPONSIBILITY OF STAFF MEMBERS AND BOARD MEMBERS TO DIVULGE ANY FINANCIAL INTEREST THAT THEY MAY HAVE IN THE LOAN APPROVAL OR INVESTOR ACCEPTANCE PROCESS. POSSIBLE CONFLICTS OF INTEREST ARE DISCUSSED AT THE QUARTERLY FORGE BOARD OF TRUSTEE MEETINGS WHEN THE FORGE BOARD OF TRUSTEES REVIEWS AND APPROVES ALL NEW LOANS, REIVIEWS THE LOAN PORTFOLIO, INTERNAL FINANCIAL REPORTS, AND EXAMINES LOAN COMMITTEE REPORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJUSTMENT TO CORRECT PRIOR YEAR LOAN RECEIVABLE BALANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012877023
IRS990/TotalAssetsEOYAmt011375673
IRS990/TotalAssetsGrp/BOYAmt012877023
IRS990/TotalAssetsGrp/EOYAmt011375673
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0897975
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt066479
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0281912
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01940799
IRS990/TotalFunctionalExpensesGrp/TotalAmt02289190
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08370976
IRS990/TotalLiabilitiesEOYAmt07719131
IRS990/TotalLiabilitiesGrp/BOYAmt08370976
IRS990/TotalLiabilitiesGrp/EOYAmt07719131
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04506047
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03656542
IRS990/TotalProgramServiceExpensesAmt01940799
IRS990/TotalProgramServiceRevenueAmt041085
IRS990/TotalRevenueGrp/ExclusionAmt030743
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0539594
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01468312
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012877023
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011375673
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt018235 WILDLIFE ROAD
IRS990/USAddress/CityNm0FAYETTEVILLE
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072701
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.FORGEFUND.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04797381585
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORGE INC
ReturnHeader/Filer/BusinessNameControlTxt0FORG
ReturnHeader/Filer/EIN0710674001

Document Assets

No mirrored PDF or thumbnail assets are attached yet.