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Nonprofit · EIN 83-2881485

FORGE INSTITUTE

Tax-exempt · LITTLE ROCK, AR 72202

Financials

$1.8M$1.8M2022$2.3M$3.7M2024
Revenue Expenses · by fiscal year end
Financials of FORGE INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,320,285$3,677,192-$1,356,907$886,121$461,671$424,450
December 31, 2022990$1,794,787$1,807,800-$13,013$619,543$82,710$536,833
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,630,914
of which government grants
$1,630,914
Program service revenue
$654,557
Investment income
$0
Other revenue
$34,814

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$387,107
Other salaries and wages
$1,865,191
Salaries, compensation and benefits (total)
$2,678,068
Professional fundraising fees
$0
Accounting fees
$9,341
Occupancy
$363,612
Travel
$100,701
Depreciation
$6,945
Program services (functional)
$2,479,895
Management and general (functional)
$1,197,297

Balance sheet and other

Total assets, start of year
$1,957,726
Total assets, end of year
$886,121
Total liabilities, end of year
$461,671
Net assets, end of year
$424,450
Land, buildings and equipment
$70,820
Net assets without donor restrictions
$424,450
Gross receipts
$2,320,285
Employees
40
Year formed
2019
State of legal domicile
AR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LEE WATSONCEO
Officer
40$296,211
SCOTT ANDERSONEXECUTIVE DIRECTOR
Officer
40$90,896
990 for the year ended December 31, 2022: 2 people
NameTitleHours / weekCompensation
LEE WATSONCEO
Officer, Key employee
40$160,787
SCOTT ANDERSONEXECUTIVE DIRECTOR
Officer
40$120,000

Address and contacts

Address (IRS master file)
600 E CAPITOL AVE 1030, LITTLE ROCK, AR 72202-2422
In care of
% LEE WATSON
Principal officer (990 for 2024)
LEE WATSON, 600 E CAPITOL AVE - 1030, Little Rock, AR 72202
Signed the 990
LEE WATSON, CEO
Return prepared by
DIAMOND STATE ACCOUNTING PLLC

Mission

To provide educational support for Cyber Security training programs, supporting research, and collective defense efforts.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATIONAL SUPPORT FOR CYBER SECURITY TRAINING PROGRAMS, SUPPORTING RESEARCH AND COLLECTIVE DEFENSE EFFORTS
    Expenses $2,479,895 · revenue $2,285,471

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
83-2881485
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$886,121
Income (IRS master file)
$2,320,285

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,320,285$3,677,192$886,121XML
990December 2022$1,794,787$1,807,800$619,543XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-2881485).

Questions about FORGE INSTITUTE

What is the EIN of FORGE INSTITUTE?
The employer identification number (EIN) of FORGE INSTITUTE is 83-2881485.
Is FORGE INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to FORGE INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FORGE INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FORGE INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FORGE INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FORGE INSTITUTE?
The 990 for the year ended December 31, 2024 names LEE WATSON.
Who are the officers and directors of FORGE INSTITUTE?
The 990 for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $296,211 (LEE WATSON, CEO).
How much revenue does FORGE INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,320,285, expenses of $3,677,192 and total assets of $886,121 at year end.

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