Liabilities / Assets
31st percentile
Higher debt load relative to assets than 31% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.09x
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
59th percentile
Higher top officer pay than 59% of similar nonprofits.
Top officer pay equals 21.2% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Up$6,046,032
Up $673,815 (+13%) from 2020
Net Assets
Up$5,478,068
Up $174,816 (+3.3%) from 2020
Liabilities
Up$567,964
Up $498,999 (+724%) from 2020
Revenue And Expenses
Revenue
Down$1,425,191
Down $3,512,271 (-71%) from 2020
Expenses
Up$1,186,498
Up $394,781 (+50%) from 2020
Net Income
Down$238,693
Down $3,907,052 (-94%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 15, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $1,425,191
Mission and Program Overview
Mission
Inclusively double tech talent in the milwaukee region in order to drive enduring economic prosperity and create life changing jobs
To inclusively double tech talent in southeast wisconsin in order to drive enduring economic prosperity and create life changing opportunities in technology. Our four areas of focus include: 1. Attraction of tech talent and companies to the region2. Building a diverse tech talent pipeline3. Scaling the innovation ecosystem 4. Building connections and community
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $2,011,179 | $4,030,429 | ▲ $2,019,250 |
| Cash and Non-Interest-Bearing Accounts | $1,518,419 | $1,342,667 | ▼ $175,752 |
| Accounts Receivable | $770,000 | $0 | ▼ $770,000 |
| Pledges and Grants Receivable | $934,000 | $304,000 | ▼ $630,000 |
| Land, Buildings, and Equipment, Net | $90,269 | $57,449 | ▼ $32,820 |
| Prepaid Expenses and Deferred Charges | $272 | $232 | ▼ $40 |
| Total Assets | $5,372,217 | $6,046,032 | ▲ $673,815 |
| Other Assets Total | $48,078 | $311,255 | ▲ $263,177 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $58,215 | $554,339 | ▲ $496,124 |
| Deferred Revenue | $10,750 | $13,625 | ▲ $2,875 |
| Total Liabilities | $68,965 | $567,964 | ▲ $498,999 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $3,599,252 | $5,094,068 | ▲ $1,494,816 |
| Net Assets With Donor Restrictions | $1,704,000 | $384,000 | ▼ $1,320,000 |
| Total Net Assets Fund Balance | $5,303,252 | $5,478,068 | ▲ $174,816 |
| Total Liabilities and Net Assets / Fund Balance | $5,372,217 | $6,046,032 | ▲ $673,815 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $57,449 | $41,026 | $98,475 |
| Other Assets Org | $311,255 | - | - |
| Other Securities | $14,453 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kathy Henrich | Chief Executive Officer | FT | $205,322 | $96,900 | $302,222 |
| Laura Schmidt | Chief Talent Development Officer | FT | $140,925 | $25,547 | $166,472 |
Board Members and Trustees
| Name | Title |
|---|---|
| Molly Mulroy | Chairperson |
| James Jischke | Vice Chairperson |
| Dan Renouard | Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Nvisia | Website Consulting | 200 S WACKER DRIVE SUITE 3600, Chicago, IL 60606 | $150,000 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $1,334,510
- Program Service Revenue
- $0
- Investment Income
- $83,475
- Other Revenue
- $7,206
- All Other Contributions
- $1,066,300
- Change in Net Assets
- $238,693
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $644,719 |
| Salaries, Compensation, and Employee Benefits | $410,779 |
| Grants and Similar Amounts Paid | $131,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $302,222 |
| Fees for Services Other | - | - | - | $172,209 |
| Grants to Domestic Individuals | - | - | - | $120,000 |
| Other Salaries and Wages | - | - | - | $66,482 |
| Fees for Services Accounting | - | - | - | $50,059 |
| Payroll Taxes | - | - | - | $40,601 |
| Depreciation Depletion | - | - | - | $32,820 |
| Conferences and Meetings | - | - | - | $32,227 |
| Grants to Domestic Orgs | - | - | - | $11,000 |
| Information Technology | - | - | - | $10,157 |
| Advertising | - | - | - | $4,539 |
| Insurance | - | - | - | $2,889 |
| Office Expenses | - | - | - | $2,767 |
| Travel | - | - | - | $2,080 |
| Fees for Services Legal | - | - | - | $2,017 |
| Pension Plan Contributions | - | - | - | $1,474 |
| Other Expenses | - | - | - | $1,078 |
| Total Functional Expenses | $0 | $0 | $0 | $1,186,498 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Powderkeg | Indianapolis, IN | - | Sponsorship | $10,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- Yes
- Subject to proxy tax
- Yes
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 1A
“The board may appoint an executive committee to act on behalf of the board in between meeting and to take such other actions as are delegated by the board. Any executive committee created by the board shall be comprised of officers of the corporation, the chief executive officer and such other persons as determined by the board.”
Form 990, Part VI, Section A, Line 6
“The corporation has 5 classes of membership: platinum, gold, silver, bronze, and community.”
Form 990, Part VI, Section A, Line 7A
“The 5 membership classes elect a member of their class to represent that class on the board when a certain number is reached”
Form 990, Part VI, Section B, Line 11B
“Copy of the form 990 will be provided to board members before filing.”
Form 990, Part VI, Section B, Line 12C
“All for-m inc board members are required to sign our conflict of interest policy. Whenever a conflict is identified by for-m inc officers or board members, it is reviewed separate of that individual after all facts have been gathered and the board then rules on actions to be taken. If, after hearing the director's or officer's response and after making further investigation as warranted by the circumstances, the director, board of directors or committee determines the officer has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. The organization documents the detailed proceedings resulting from conflicts of interest in the meeting minutes.”
Form 990, Part VI, Section C, Line 19
“UPON REQUEST”
Filing and Contact Details
Filer
- Filer Name
- For-m Inc
- EIN
- 84-3213548
- Phone
- 4144844034
- Address
- PO BOX 70590, MILWAUKEE, WI 53207
Signing Officer
- Name
- Kathy Henrich
- Title
- Current CEO
- Phone
- 4144844034
- Signed
- 2022-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Kathy Henrich
- Formed
- 2019
- Legal Domicile
- Wi
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 11
- Volunteers
- 40
Preparer
- Firm
- Cliftonlarsonallen Llp
- Address
- 10401 W INNOVATION DR STE 300, WAUWATOSA, WI 53226
- Preparer
- Kristen Donlevy
- Phone
- 4144761880
Supplemental Narrative
Additional Explanations
Form 990, Part III, Line 2
“Reverse pitch mke which creates entrepreneurial innovation through corporate challenges, development of tech talent attraction site choosemketech.org, and a tech career expo for collegiate students”
Form 990, Part III, Line 3
“Addition to for-m to provide grants to start up organizations in cooperation with wisconsin department of economic development”
FORM 990, PART V, LINE 6B:
“Client does not issue the required statements now, it is mentioned to prospective members. There is a call out in the member agreement that for-m is a nonstock corporation, not a c3 public charity.”
Form 990, Part IX, Line 11G
“Other contracted services 172,209.”
FORM 990, PART XII, LINE 2C:
“The process has not changed from the prior year.”
Raw XML AppendixShowing 400 of 459 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
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| IRS990/CYTotalExpensesAmt | 0 | 1186498 |
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| IRS990/Desc | 0 | GROWTH OF THE STARTUP ECOSYSTEM (EARLY STAGE STARTUP INCUBATOR, REVERSE PITCH), K-20 (SUMMER TALENT INTERNSHIP PROGRAM, STRATEGIC PLANNING ON INCLUSIVE COMPUTER SCIENCE EDUCATION), RESKILLING (STATE APPROVAL OF APPRENTICESHIP PROGRAM), REGIONAL IMAGE (NATIONAL PROMOTION OF THE REGION AS A TECH REGION) |
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| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
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| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
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| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2017 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 172209 |
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| IRS990/ForeignFinancialAccountInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 40.00 |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
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| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1078 |
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| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 1474 |
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| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 304000 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 272 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 232 |
| IRS990/PrincipalOfficerNm | 0 | KATHY HENRICH |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | INCUBATOR - OVER 200 FOUNDERS SERVED AND OVER 100 IDEAS PROGRESSED |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | PRE-INTERNSHIP - OVER 85 INDIVIDUALS SERVED, WITH 87% FROM DEMOGRAPHICS TRADITIONALLY UNDERREPRESENTED IN TECH |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 4928250 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 10500 |
| IRS990/PYInvestmentIncomeAmt | 0 | 9212 |
| IRS990/PYOtherExpensesAmt | 0 | 488746 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 4145745 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 292471 |
| IRS990/PYTotalExpensesAmt | 0 | 791717 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 4937462 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 238693 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 1 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 311255 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DUE FROM FOUNDATION |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 57449 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 41026 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 98475 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 585625 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 3430351 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 14453 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | SETTLEMENT FUND |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | MUTAL FUNDS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | PARTNERSHIP INVESTMENT |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 57449 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 311255 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 4030429 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 120000 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | START UP INCUBATOR GRANTS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc | 0 | NA |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 12 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc | 0 | NA |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 10000 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc | 0 | NA |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | SPONSORSHIP |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | POWDERKEG |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 000000000 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 5255 N WINTHROP AVENUE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | INDIANAPOLIS |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 46220 |
| IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc | 0 | NA |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 1 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 205322 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 140925 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 50000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 7090 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 6437 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 4232 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 39418 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 14225 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 1045 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | KATHY HENRICH |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | LAURA SCHMIDT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CHIEF EXECUTIVE OFFICER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | CHIEF TALENT DEVELOPMENT OFFICER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 302222 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 166472 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | REVERSE PITCH MKE WHICH CREATES ENTREPRENEURIAL INNOVATION THROUGH CORPORATE CHALLENGES, DEVELOPMENT OF TECH TALENT ATTRACTION SITE CHOOSEMKETECH.ORG, AND A TECH CAREER EXPO FOR COLLEGIATE STUDENTS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ADDITION TO FOR-M TO PROVIDE GRANTS TO START UP ORGANIZATIONS IN COOPERATION WITH WISCONSIN DEPARTMENT OF ECONOMIC DEVELOPMENT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CLIENT DOES NOT ISSUE THE REQUIRED STATEMENTS NOW, IT IS MENTIONED TO PROSPECTIVE MEMBERS. THERE IS A CALL OUT IN THE MEMBER AGREEMENT THAT FOR-M IS A NONSTOCK CORPORATION, NOT A C3 PUBLIC CHARITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD MAY APPOINT AN EXECUTIVE COMMITTEE TO ACT ON BEHALF OF THE BOARD IN BETWEEN MEETING AND TO TAKE SUCH OTHER ACTIONS AS ARE DELEGATED BY THE BOARD. ANY EXECUTIVE COMMITTEE CREATED BY THE BOARD SHALL BE COMPRISED OF OFFICERS OF THE CORPORATION, THE CHIEF EXECUTIVE OFFICER AND SUCH OTHER PERSONS AS DETERMINED BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE CORPORATION HAS 5 CLASSES OF MEMBERSHIP: PLATINUM, GOLD, SILVER, BRONZE, AND COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE 5 MEMBERSHIP CLASSES ELECT A MEMBER OF THEIR CLASS TO REPRESENT THAT CLASS ON THE BOARD WHEN A CERTAIN NUMBER IS REACHED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | COPY OF THE FORM 990 WILL BE PROVIDED TO BOARD MEMBERS BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | ALL FOR-M INC BOARD MEMBERS ARE REQUIRED TO SIGN OUR CONFLICT OF INTEREST POLICY. WHENEVER A CONFLICT IS IDENTIFIED BY FOR-M INC OFFICERS OR BOARD MEMBERS, IT IS REVIEWED SEPARATE OF THAT INDIVIDUAL AFTER ALL FACTS HAVE BEEN GATHERED AND THE BOARD THEN RULES ON ACTIONS TO BE TAKEN. IF, AFTER HEARING THE DIRECTOR'S OR OFFICER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE DIRECTOR, BOARD OF DIRECTORS OR COMMITTEE DETERMINES THE OFFICER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE ORGANIZATION DOCUMENTS THE DETAILED PROCEEDINGS RESULTING FROM CONFLICTS OF INTEREST IN THE MEETING MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | OTHER CONTRACTED SERVICES 172,209. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART III, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART III, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART V, LINE 6B: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 1A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | FORM 990, PART XII, LINE 2C: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | FOR-M FOUNDATION INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 844165560 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | WI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | FOSTER THE SUPPLY AND DEMAND OF TALENT IN MILWAUKEE AND PROMOTE DIVERSITY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 7 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 720 E WISCONSIN AVE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | MILWAUKEE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 53202 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 359172 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | BOOK |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | FOR-M FOUNDATION |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | O |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 1 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 1 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 1 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 5372217 |
| IRS990/TotalAssetsEOYAmt | 0 | 6046032 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5372217 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6046032 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalContributionsAmt | 0 | 1334510 |
| IRS990/TotalEmployeeCnt | 0 | 11 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1186498 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 68965 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 567964 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $6,046,032
- Liabilities
- $567,964
- Net assets
- $5,478,068
- Revenue
- $1,425,191
- Expenses
- $1,186,498
- Net income
- $238,693