Overview
What is Forge Institute?
The Forge Institute is a nonprofit organization, specifically dedicated to offering educational support for Cyber Security training programs. They focus on this mission, aiming to enhance the skills and knowledge of individuals in this field. Although the provided information does not disclose the location or the number of employees, it is clear that the Forge Institute is committed to contributing to Cyber Security education.
Official website here: www.forge.institute
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating. This rating reflects the organization's performance primarily in the area of Accountability & Finance. A score of 74 indicates that while the Forge Institute meets some key standards, there are significant areas where improvement is necessary to enhance transparency and financial reporting.
Strengths of the Forge Institute include having a fully independent board, which reflects well on its governance practices. The organization also demonstrates solid financial management, with a high program expense ratio of nearly 85%, indicating a strong focus on its mission-related activities. Additionally, the institute has policies in place for conflict of interest and whistleblower protections, which are essential for maintaining ethical standards.
However, the organization faces challenges due to the lack of financial statements and an incomplete board structure, as it has only two independent members. These factors contributed to a lower score in the Accountability & Finance category. Furthermore, the absence of publicly accessible financial documents, such as the Tax Form on its website, limits transparency and could affect donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Forge Institute legitimate?
Forge Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forge Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $124,316
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,655
For more financial information, click here
Official website here: www.forge.institute
What is the mission statement of Forge Institute?
The Forge Institute is dedicated to supporting educational initiatives in the field of Cyber Security training. Their mission is centered around providing resources and assistance to enhance learning experiences in this domain. By doing so, they aim to equip individuals with the necessary skills to navigate the complex world of cyber security. Their activities primarily focus on offering educational support for cyber security training programs. The institute serves as a valuable resource for individuals seeking to expand their knowledge and expertise in this area.
Official website here: www.forge.institute
Who is the CEO of Forge Institute?
Lee Watson is the Ceo of Forge Institute. The CEO's salary of Forge Institute is $124,316 and their total compensation is $124,316.
Official website here: www.forge.institute
What is the revenue of Forge Institute?
Forge Institute's revenue in 2021 was $840,197.
Official website here: www.forge.institute
Who are the executives of Forge Institute and what are their salaries?
The average compensation at Forge Institute during 2021 was $90,243. There are 4 employees at Forge Institute.
Here are 2 key members and their salaries (Forge Institute's CEO's salary is $124,316 and their total compensation is $124,316):
- Compensation: $124,316
- Related: $0
- Other: $0
- Compensation: $119,995
- Related: $0
- Other: $0
Official website here: www.forge.institute
Where can I find the form 990 for Forge Institute?
Forge Institute's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.forge.institute
Learn more at the official website: www.forge.institute
Mission Statement of Forge Institute
The Forge Institute, as revealed, is committed to offering educational assistance in the realm of Cyber Security training programs. Its mission is centered around providing the necessary support to facilitate the development of individuals in this field. By offering educational resources, the institution aims to equip learners with the necessary skills to navigate the complex world of cyber security. This endeavor is instrumental in fostering a competent workforce capable of safeguarding digital assets and combating cyber threats effectively.
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Impact
July, 2024
Forge Institute has had a significant impact by providing educational support for Cyber Security training programs in Little Rock, Arkansas. Through its initiatives, Forge Institute has played a crucial role in equipping individuals with the knowledge and skills necessary to work in the field of cybersecurity. This has not only helped to address the growing demand for cybersecurity professionals but has also contributed to enhancing the overall cybersecurity resilience of organizations in the region. The organization's focus on education underscores its commitment to fostering a more secure digital environment for individuals and businesses alike.
This information is meant to be a general summary of Forge Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Program Service Revenue: $838,956
- Gross Receipts: $840,197
Assets and Liabilities:
- Total Assets: $364,890
- Total Liabilities: $3,305
- Net Assets: $361,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION SERVICES
Revenue
$838,956
Organization Details
Founding Year
2019
Principal Officer
Lee Watson
Main Address
600 E CAPITOL AVE - 1030, Little Rock, AR, 72202
Website
www.forge.instituteNTEE Category
Code: B90 - Education
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