Nonprofit · EIN 83-2881485
FORGE INSTITUTE
Tax-exempt · LITTLE ROCK, AR 72202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,320,285 | $3,677,192 | -$1,356,907 | $886,121 | $461,671 | $424,450 |
| December 31, 2022 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEE WATSON | CEO Officer | 40 | $296,211 |
| SCOTT ANDERSON | EXECUTIVE DIRECTOR Officer | 40 | $90,896 |
990 for the year ended December 31, 2022: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEE WATSON | CEO Officer, Key employee | 40 | $160,787 |
| SCOTT ANDERSON | EXECUTIVE 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
- Website
- forge.institute
- Return prepared by
- DIAMOND STATE ACCOUNTING PLLC
Mission
To provide educational support for Cyber Security training programs, supporting research, and collective defense efforts.
Program accomplishments
- EDUCATIONAL SUPPORT FOR CYBER SECURITY TRAINING PROGRAMS, SUPPORTING RESEARCH AND COLLECTIVE DEFENSE EFFORTSExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,320,285 | $3,677,192 | $886,121 | XML |
| 990 | December 2022 | $1,794,787 | $1,807,800 | $619,543 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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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