NonprofitsForge Financing Ozark Rural Growth And Economy

Community Improvement

Forge Financing Ozark Rural Growth And Economy

HUNTSVILLE, AR

Total revenue

$1.5M

Total expenses

$2.3M

Net assets

$3.7M

Grants received

$120K

5 grants

EIN

710674001

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$898K
Program service revenue$41K
Investment income$529K
Other revenue
Total revenue$1.5M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising$66K
Other expenses$1.2M
Total expenses$2.3M
Total assets$11.4M
Net assets$3.7M

People

5 listed

NameRoleCompensation

HERB CULVER

DIRECTOR

Board

2 hrs/wk

JESSICA FRITTS

SECRETARY/TR

Board

2 hrs/wk

GREG MODICA

DIRECTOR

Board

2 hrs/wk

JAMES MORGAN

PRESIDENT

Board

2 hrs/wk

MARY SANCHEZ

VICE PRESIDE

Board

2 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$50K
COVID-19 GRANT
2020
$45K
Fellowship
2020
$10K
TO PROVIDE SMALL GRANTS AND TECHNICAL ASSISTANCE TO SMALL BUSINESSES
2020
$5K
TO SPONSOR THE SHOW SHOP BLACK LIVE OVER THE NEXT 17 WEEKS
2020
$10K
FOR VIDEO PRODUCTION SUPPORTING WORK IN CENTRAL ARKANSAS BY TELLING THE STORIES OF PEOPLE/BUSINESSES YOU ARE MAKING LOANS TO
2018

Funded by

$120K from 3 funders · 5 grants · 2018–2020

Opportunity Finance Network

$50K · 1 grant · 2020

Common Future

$45K · 1 grant · 2020

Arkansas Community Foundation Inc

$25K · 3 grants · 2018–2020

Details

EIN710674001
NTEE codeS320
Subsection03
Ruling date1990-04
Formed1988
Employees10
FORGE FINANCING OZARK RURAL GROWTH AND ECONOMY — Mission, Financials & Grants Received | Grantivo