Civic Intelligence

Forge Financing Ozark Rural Growth and Economy

990 • Fiscal year 2014 • EIN 71-0674001

Oct 01, 2013 to Sep 30, 2014 • Filed on Mar 06, 2015

Organization Profilewww.forgeonline.com
PO Box 113872740

(479) 738-1585

Siviq Scores

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

Liabilities / Assets

86th percentile

0.76x

Higher debt load relative to assets than 86% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

10.45x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

64th percentile

8.3%

Higher net margin than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

83rd percentile

22%

Faster asset growth than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

3rd percentile

-62%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$4,283,906

Up $764,655 (+22%) from 2013

Net Assets

Up

$1,047,983

Up $25,591 (+2.5%) from 2013

Liabilities

Up

$3,235,923

Up $739,064 (+30%) from 2013

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin64th percentile

Revenue

Down

$309,648

Down $505,979 (-62%) from 2013

Expenses

Up

$284,057

Up $25,912 (+10%) from 2013

Net Income

Down

$25,591

Down $531,891 (-95%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$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

2014

Assets$4,283,906
Liabilities$3,235,923
Net Assets$1,047,983
Open 2014 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$309,648
Expenses$284,057
Net Income$25,591
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Mar 6, 2015
Return Version
2013v4.0
Gross Receipts
$309,648
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,056,998$2,729,818▲ $672,820
Cash and Non-Interest-Bearing Accounts$1,422,458$1,456,214▲ $33,756
Pledges and Grants Receivable$22,475$75,884▲ $53,409
Land, Buildings, and Equipment, Net$10,042$11,136▲ $1,094
Prepaid Expenses and Deferred Charges-$1,000-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,519,251$4,283,906▲ $764,655
Other Assets Total$7,278$9,854▲ $2,576
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,926,000$2,487,002▲ $561,002
Other Liabilities$563,544$729,768▲ $166,224
Accounts Payable and Accrued Expenses$7,315$19,153▲ $11,838
Total Liabilities$2,496,859$3,235,923▲ $739,064
Net Assets / Fund Balance
Unrestricted Net Assets$357,722$634,990▲ $277,268
Temporarily Rstr Net Assets$664,670$412,993▼ $251,677
Total Net Assets Fund Balance$1,022,392$1,047,983▲ $25,591
Total Liabilities and Net Assets / Fund Balance$3,519,251$4,283,906▲ $764,655

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,136$14,979$26,115
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Charles StocktonExecutive DirectorFT$65,361$65,361

Board Members and Trustees

NameTitle
Bob PenquitePresident
James MorganVice President
Bill FoxBoard member
Bill LordBoard Member
Steven ParkerBoard Member
Tom PorterfieldBoard Member
Rebecca LynnSecretary
Mark NelsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$162,508
Program Service Revenue
$0
Investment Income
$138,981
Other Revenue
$8,159
All Other Contributions
$510
Change in Net Assets
$25,591

Audited Revenue Reconciliation

Revenue per Audited Statements
$309,648
Total Revenue per Audited Statements
$309,648
Total Revenue per Form 990
$309,648
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$164,417
Other Expenses$119,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$76,025--$76,025
Current Officers, Directors, Trustees, and Key Employees$65,361--$65,361
Interest$30,738--$30,738
Fees for Services Accounting$15,644--$15,644
Other Employee Benefits$11,764--$11,764
All Other Expenses$7,680--$7,680
Office Expenses$7,573--$7,573
Occupancy$6,443--$6,443
Pension Plan Contributions$5,906--$5,906
Travel$5,791--$5,791
Advertising$5,725--$5,725
Payroll Taxes$5,361--$5,361
Other Expenses$3,679--$3,679
Depreciation Depletion$3,406--$3,406
Insurance$2,577--$2,577
Total Functional Expenses$284,057$0$0$284,057

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$284,057
Total Expenses per Audited Statements$284,057
Total Expenses per Form 990$284,057
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investor Deposits$714,768
Line of credit$15,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Complete copy of Form 990 and all schedules was emailed to Board members prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“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, reviews the loan portfolio, internal financial reports and examines loan committee reports.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents provided upon request”

Filing and Contact Details

Filer

EIN
71-0674001
Phone
4797381585

Signing Officer

Name
Bob Penquite
Title
President
Signed
2015-03-06
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
Ar
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Preparer
Marc Lux CPA
Phone
4796490888
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Financial Accounting Standards Board (FASB) has issued FASB Interpretation related to Accounting for Uncertainty in Income Taxes - an interpretation of Accounting Standards Codification (ASC) 740-10,which clarifies the accounting for uncertainty in income taxes provisions. Based on an evaluation of uncertain tax provisions, management is required to measure potential liabilities that could have a risk of greater than 50% likelihood of being realized upon settlement. As of September 30, 2014 and 2013,management has determined that the Organization had no such risk and therefore no liabilities have beenrecorded for uncertain tax provisions.”

Raw XML AppendixShowing 400 of 458 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/BOYAmt07315
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019153
IRS990/AccountsReceivableGrp/EOYAmt00
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, and Oklahoma.
IRS990/AdvertisingGrp/ProgramServicesAmt05725
IRS990/AdvertisingGrp/TotalAmt05725
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0510
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07680
IRS990/AllOtherExpensesGrp/TotalAmt07680
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0FORGE Inc
IRS990/BooksInCareOfDetail/PhoneNum04797381585
IRS990/BooksInCareOfDetail/USAddress/AddressLine10204 E Main Street
IRS990/BooksInCareOfDetail/USAddress/City0Huntsville
IRS990/BooksInCareOfDetail/USAddress/State0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCode072740
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01422458
IRS990/CashNonInterestBearingGrp/EOYAmt01456214
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt065361
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt065361
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0162508
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0138981
IRS990/CYOtherExpensesAmt0119640
IRS990/CYOtherRevenueAmt08159
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt025591
IRS990/CYSalariesCompEmpBnftPaidAmt0164417
IRS990/CYTotalExpensesAmt0284057
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0309648
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03406
IRS990/DepreciationDepletionGrp/TotalAmt03406
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.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt0284057
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt015644
IRS990/FeesForServicesAccountingGrp/TotalAmt015644
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Bob Penquite
IRS990/Form990PartVIISectionAGrp/PersonNm1Mark Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm2Bill Fox
IRS990/Form990PartVIISectionAGrp/PersonNm3Bill Lord
IRS990/Form990PartVIISectionAGrp/PersonNm4James Morgan
IRS990/Form990PartVIISectionAGrp/PersonNm5Tom Porterfield
IRS990/Form990PartVIISectionAGrp/PersonNm6Steven Parker
IRS990/Form990PartVIISectionAGrp/PersonNm7Rebecca Lynn
IRS990/Form990PartVIISectionAGrp/PersonNm8Charles Stockton
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt865361
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Executive Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0161998
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0309648
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt02577
IRS990/InsuranceGrp/TotalAmt02577
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt030738
IRS990/InterestGrp/TotalAmt030738
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0138981
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0138981
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014979
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010042
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011136
IRS990/LandBldgEquipCostOrOtherBssAmt026115
IRS990/LegalDomicileStateCd0AR
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
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, and Oklahoma.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01926000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02487002
IRS990/NetAssetsOrFundBalancesBOYAmt01022392
IRS990/NetAssetsOrFundBalancesEOYAmt01047983
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt06443
IRS990/OccupancyGrp/TotalAmt06443
IRS990/OfficeExpensesGrp/ProgramServicesAmt07573
IRS990/OfficeExpensesGrp/TotalAmt07573
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt07278
IRS990/OtherAssetsTotalGrp/EOYAmt09854
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011764
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011764
IRS990/OtherExpensesGrp/Desc0Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc1Loan Program
IRS990/OtherExpensesGrp/Desc2Contracted Services
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/ProgramServicesAmt013464
IRS990/OtherExpensesGrp/ProgramServicesAmt18935
IRS990/OtherExpensesGrp/ProgramServicesAmt27985
IRS990/OtherExpensesGrp/ProgramServicesAmt33679
IRS990/OtherExpensesGrp/TotalAmt013464
IRS990/OtherExpensesGrp/TotalAmt18935
IRS990/OtherExpensesGrp/TotalAmt27985
IRS990/OtherExpensesGrp/TotalAmt33679
IRS990/OtherLiabilitiesGrp/BOYAmt0563544
IRS990/OtherLiabilitiesGrp/EOYAmt0729768
IRS990/OtherRevenueMiscGrp/Desc0Other revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt08159
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08159
IRS990/OtherRevenueTotalAmt08159
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt076025
IRS990/OtherSalariesAndWagesGrp/TotalAmt076025
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02056998
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02729818
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05361
IRS990/PayrollTaxesGrp/TotalAmt05361
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05906
IRS990/PensionPlanContributionsGrp/TotalAmt05906
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt022475
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt075884
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0700811
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0114816
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0120831
IRS990/PYRevenuesLessExpensesAmt0557482
IRS990/PYSalariesCompEmpBnftPaidAmt0137314
IRS990/PYTotalExpensesAmt0258145
IRS990/PYTotalRevenueAmt0815627
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt025591
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0170667
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0700811
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0142161
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0200728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0165347
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01379714
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt094779
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt068178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt073301
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt053143
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt052795
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0342196
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt094779
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt068178
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt073301
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt053143
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt052795
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0342196
IRS990ScheduleA/InvestmentIncomeCYPct00.19870
IRS990ScheduleA/InvestmentIncomePYPct00.17530
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.80130
IRS990ScheduleA/PublicSupportPY509Pct00.82470
IRS990ScheduleA/PublicSupportTotal509Amt01379714
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0170667
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0700811
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0142161
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0200728
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0165347
IRS990ScheduleA/Total509Grp/TotalAmt01379714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0265446
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0768989
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0215462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0253871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0218142
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01721910
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0284057
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011136
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014979
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026115
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0714768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Investor Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Line of credit
IRS990ScheduleD/RevenueSubtotalAmt0309648
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Financial Accounting Standards Board (FASB) has issued FASB Interpretation related to Accounting for Uncertainty in Income Taxes - an interpretation of Accounting Standards Codification (ASC) 740-10,which clarifies the accounting for uncertainty in income taxes provisions. Based on an evaluation of uncertain tax provisions, management is required to measure potential liabilities that could have a risk of greater than 50% likelihood of being realized upon settlement. As of September 30, 2014 and 2013,management has determined that the Organization had no such risk and therefore no liabilities have beenrecorded for uncertain tax provisions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011136
IRS990ScheduleD/TotalExpensesPerForm990Amt0284057
IRS990ScheduleD/TotalLiabilityAmt0729768
IRS990ScheduleD/TotalRevenuePerForm990Amt0309648
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0309648
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0284057
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Complete copy of Form 990 and all schedules was emailed to Board members prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 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, reviews the loan portfolio, internal financial reports and examines loan committee reports.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents provided upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0664670
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0412993
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03519251
IRS990/TotalAssetsEOYAmt04283906
IRS990/TotalAssetsGrp/BOYAmt03519251
IRS990/TotalAssetsGrp/EOYAmt04283906
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0162508

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,283,906
Liabilities
$3,235,923
Net assets
$1,047,983
Revenue
$309,648
Expenses
$284,057
Net income
$25,591
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