2026-04-16T12:42:47-04:00 2025-09-30 843068935 PRZ CPAS & ADVISORS 4200 JENNY LIND RD STE B FORT SMITH AR 72901 990 2024-10-01 710674001 FORGE INC FORG 4797381585 PO BOX 1138 HUNTSVILLE AR 727401138 JAMES MORGAN PRESIDENT 4797381585 2026-04-15 true true MARC LUX CPA P00588449 4796490888 2026-04-16 2024 2025-03-06 01:10:19Z JAMES MORGAN 18235 WILDLIFE ROAD FAYETTEVILLE AR 72701 1731844 false X WWW.FORGEFUND.ORG X 1988 AR 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. 5 5 12 0 897975 1317231 41085 17404 529252 397209 0 1468312 1731844 0 0 1132243 885396 0 65736 1156947 676410 2289190 1561806 -820878 170038 11375673 10296262 7719131 6499114 3656542 3797148 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. false false 1252626 17404 PROVIDED 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 MADE 34 LOANS TOTALING 1,011,121.52 TO SMALL BUSINESSES AND AGRICULTURAL ENTERPRISES, INCLUDING 14 LOANS (41%) TO MINORITY ENTREPRENEURS, 14 LOANS (41%) TO WOMEN, AND 4 LOANS (12%) TO VETERANS. 16 LOANS WERE TO LOW-INCOME BORROWERS. 8 LOANS WERE IN RURAL CENSUS TRACTS. THE FORGE LOAN PORTFOLIO CONSISTS OF 361 INDIVIDUAL LOANS VALUED AT 5,157,449. 1252626 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false true true false false false false false false false false false false true 11 0 12 true false false false false false false false false X 5 5 false false false false true true true true true false false true true true true true true false false false X THE ORGANIZATION 4797381585 4415 US HIGHWAY 412 BUSINESS HUNTSVILLE AR 72740 X HERB CULVER DIRECTOR 2.00 X 0 0 0 JESSICA FRITTS SECRETARY/TR 2.00 X X 0 0 0 GREG MODICA DIRECTOR 2.00 X 0 0 0 JAMES MORGAN PRESIDENT 2.00 X X 0 0 0 MARY SANCHEZ DIRECTOR 2.00 X 0 0 0 false false false 821482 495749 1317231 LOAN FILING AND CLOSING FEES 14892 14892 OTHER 2512 2512 17404 397209 374771 22438 1731844 392175 22438 674333 526782 110926 36625 155778 121692 25625 8461 55285 43188 9094 3003 35204 35204 7137 124 7013 6910 6910 10673 8338 1755 580 36576 28572 6017 1987 20120 13353 5610 1157 5419 2889 2530 86693 86693 7163 7163 20113 20113 CONTRACT SERVICES 240947 235947 5000 PROVISION FOR LOAN LOSSES 125936 125936 LOAN PROGRAM 46428 46428 GRANT EXPENSE 11440 11440 15651 1368 14283 1561806 1252626 243444 65736 4245915 4625896 382078 181255 6366617 5157449 13940 16282 288175 77101 218237 211074 148886 104306 11375673 10296262 135653 99749 6458456 5319851 1125022 1079514 7719131 6499114 X 3006502 3727220 650040 69928 3656542 3797148 11375673 10296262 170038 -29432 X false true X true true true X 1852638 1543577 1783043 897975 1317231 7394464 392458 419503 434156 539594 392175 2177886 2245096 1963080 2217199 1437569 1709406 9572350 9572350 1659 2817 24694 30743 22438 82351 1659 2817 24694 30743 22438 82351 2246755 1965897 2241893 1468312 1731844 9654701 0.99150 0.99320 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55000 55000 197196 42315 154881 35979 34786 1193 211074 INVESTOR DEPOSITS 1079514 1079514 X 1702412 -29432 -29432 1731844 1731844 1561806 1561806 1561806 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, 2025, 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. HERBERT CULVER III TRUSTEE 13314 DEBT SERVICE PAYMENT false 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.