Civic Intelligence

Forge Financing Ozark Rural Growth and Economy

990 • Fiscal year 2022 • EIN 71-0674001

Oct 01, 2021 to Sep 30, 2022 • Filed on Apr 28, 2023

Organization ProfileWWW.FORGEFUND.ORG
PO Box 1138Huntsville, AR 72740-1138

(479) 738-1585

Siviq Scores

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

Liabilities / Assets

81st percentile

0.60x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

3.38x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

68th percentile

17%

Higher net margin than 68% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

71st percentile

10%

Faster asset growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

23rd percentile

-13%

Faster revenue growth than 23% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$11,064,924

Up $1,049,567 (+10%) from 2021

Net Assets

Up

$4,410,409

Up $337,522 (+8.3%) from 2021

Liabilities

Up

$6,654,515

Up $712,045 (+12%) from 2021

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin68th percentile

Revenue

Down

$1,965,897

Down $280,858 (-13%) from 2021

Expenses

Up

$1,628,375

Up $518,155 (+47%) from 2021

Net Income

Down

$337,522

Down $799,013 (-70%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth71st 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

2022

Assets$11,064,924
Liabilities$6,654,515
Net Assets$4,410,409
Open 2022 Filing

Operations Trend

Revenue Growth23rd 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

2022

Revenue$1,965,897
Expenses$1,628,375
Net Income$337,522
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Apr 28, 2023
Return Version
2021v4.0
Gross Receipts
$1,965,897
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, oklahoma, and louisiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,523,863$6,318,505▲ $794,642
Cash and Non-Interest-Bearing Accounts$3,744,499$4,074,358▲ $329,859
Pledges and Grants Receivable$473,519$395,404▼ $78,115
Land, Buildings, and Equipment, Net$234,076$227,648▼ $6,428
Prepaid Expenses and Deferred Charges$12,495$14,655▲ $2,160
Total Assets$10,015,357$11,064,924▲ $1,049,567
Other Assets Total$26,905$34,354▲ $7,449
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,783,854$4,799,233▲ $15,379
Other Liabilities$1,039,315$1,053,735▲ $14,420
Deferred Revenue$66,918$745,279▲ $678,361
Accounts Payable and Accrued Expenses$52,383$56,268▲ $3,885
Total Liabilities$5,942,470$6,654,515▲ $712,045
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,287,997$4,006,271▲ $718,274
Net Assets With Donor Restrictions$784,890$404,138▼ $380,752
Total Net Assets Fund Balance$4,072,887$4,410,409▲ $337,522
Total Liabilities and Net Assets / Fund Balance$10,015,357$11,064,924▲ $1,049,567

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$169,671$27,525$197,196
Land$55,000-$55,000
Equipment$2,977$27,633$30,610
Compensation and Service Providers
Top Officer Pay14th percentile

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
$1,543,577
Program Service Revenue
$0
Investment Income
$363,644
Other Revenue
$58,676
All Other Contributions
$646,000
Change in Net Assets
$337,522

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,965,897
Total Revenue per Audited Statements
$1,965,897
Total Revenue per Form 990
$1,965,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$829,451
Other Expenses$798,924
Total Fundraising Expense$44,417
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$526,450$107,018$31,241$664,709
Other Employee Benefits$92,543$18,812$5,492$116,847
Advertising$76,771$13,507-$90,278
Interest$62,556--$62,556
Payroll Taxes$37,933$7,711$2,251$47,895
Information Technology$24,219$4,923$1,437$30,579
Office Expenses$23,545$4,786$1,397$29,728
Fees for Services Accounting-$27,305-$27,305
Occupancy$9,369$8,481$1,878$19,728
Other Expenses$12,673--$12,673
All Other Expenses$3,171$8,615-$11,786
Conferences and Meetings$8,519$2,492-$11,011
Insurance$7,062$3,180$419$10,661
Depreciation Depletion$5,091$1,035$302$6,428
Fees for Services Other-$60-$60
Total Functional Expenses$1,376,033$207,925$44,417$1,628,375

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,628,375
Total Expenses per Audited Statements$1,628,375
Total Expenses per Form 990$1,628,375
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$12,204
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investor Deposits$1,053,735
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
2023-04-28
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
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/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 102 LOANS VALUED AT 3,025,566 AND WAS RECOGNIZED AS THE ARKANSAS MICROLENDER OF THE YEAR. 58 LOANS WERE TO MINORITY ENTREPRENEURS, 60 LOANS WERE TO WOMEN, 5 LOANS WERE TO VETERENS, AND 56 LOANS WERE TO LOW-INCOME BORROWERS. 30 LOANS WERE IN RURAL CENSUS TRACTS AND 69 LOANS WERE IN URBAN CENSUS TRACTS. THE FORGE LOAN PORTOLIO CONSISTS OF 396 INDIVIDUAL LOANS VALUED AT 6,404,060.
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07711
IRS990/PayrollTaxesGrp/ProgramServicesAmt037933
IRS990/PayrollTaxesGrp/TotalAmt047895
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IRS990/PYOtherRevenueAmt024642
IRS990/PYRevenuesLessExpensesAmt01136535
IRS990/PYSalariesCompEmpBnftPaidAmt0496135
IRS990/PYTotalExpensesAmt01110220
IRS990/PYTotalRevenueAmt02246755
IRS990/ReconcilationRevenueExpnssAmt0337522
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01852638
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01132668
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0937342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05466225
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01659
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04194
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05638
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0419503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0392458
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0416490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0441929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01670380
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02817
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01659
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04194
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05638
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct00.99800
IRS990ScheduleA/PublicSupportPY509Pct00.99780
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01963080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02245096
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01549158
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01379271
IRS990ScheduleA/Total509Grp/TotalAmt07136605
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01965897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02246755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01553352
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01384909
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07150913
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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/BookValueAmt0169671
IRS990ScheduleD/BuildingsGrp/DepreciationAmt027525
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0197196
IRS990ScheduleD/EquipmentGrp/BookValueAmt02977
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027633
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030610
IRS990ScheduleD/ExpensesSubtotalAmt01628375
IRS990ScheduleD/LandGrp/BookValueAmt055000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt055000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01053735
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTOR DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01965897
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0227648
IRS990ScheduleD/TotalExpensesPerForm990Amt01628375
IRS990ScheduleD/TotalLiabilityAmt01053735
IRS990ScheduleD/TotalRevenuePerForm990Amt01965897
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01965897
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01628375
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0HERBERT CULVER III
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TRUSTEE
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012204
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/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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010015357
IRS990/TotalAssetsEOYAmt011064924
IRS990/TotalAssetsGrp/BOYAmt010015357
IRS990/TotalAssetsGrp/EOYAmt011064924
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01543577
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt044417
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0207925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01376033
IRS990/TotalFunctionalExpensesGrp/TotalAmt01628375
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05942470
IRS990/TotalLiabilitiesEOYAmt06654515
IRS990/TotalLiabilitiesGrp/BOYAmt05942470
IRS990/TotalLiabilitiesGrp/EOYAmt06654515
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04072887
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IRS990/TotalProgramServiceExpensesAmt01376033
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01965897
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010015357
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011064924
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04797381585
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORGE INC
ReturnHeader/Filer/BusinessNameControlTxt0FORG
ReturnHeader/Filer/EIN0710674001
ReturnHeader/Filer/PhoneNum04797381585
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1138
ReturnHeader/Filer/USAddress/CityNm0HUNTSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd0727401138
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0843068935
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRZ CPAS & ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04200 JENNY LIND RD STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT SMITH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,064,924
Liabilities
$6,654,515
Net assets
$4,410,409
Revenue
$1,965,897
Expenses
$1,628,375
Net income
$337,522
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