Forge Nashville
EIN: 822263146 · Nashville, TN · NTEE: A11
| Metric | Value |
|---|---|
| Total Revenue | $838K |
| Total Expenses | $660K |
| Net Assets | $-291,042 |
Is Forge Nashville Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forge Nashville
Forge Nashville (EIN: 822263146) is a nonprofit organization based in Nashville, TN, classified under NTEE code A11. The organization reported total revenue of $838K and total assets of $312K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forge Nashville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forge Nashville is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 29.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $714K |
| Total Expenses | $660K |
| Surplus / Deficit | +$54K |
| Total Assets | $454K |
| Total Liabilities | $745K |
| Net Assets | $-291,042 |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 164.1% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2023, Forge Nashville reported a surplus of $54K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 164.1% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Forge Nashville's revenue has grown at a compound annual growth rate (CAGR) of 29.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.2% | +3.0% | +297.8% |
| 2022 | +31.0% | +12.4% | -59.1% |
| 2021 | +139.5% | +234.9% | +94.6% |
| 2020 | -40.4% | -24.4% | +178.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forge Nashville has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Forge Nashville with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 164.1%.
Frequently Asked Questions about Forge Nashville
Is Forge Nashville a legitimate charity?
Based on AI analysis of IRS 990 filings, Forge Nashville (EIN: 822263146) insufficient data. 0 red flags identified, 0 strengths noted.
How does Forge Nashville spend its money?
Detailed spending breakdown data is not yet available for Forge Nashville. Check back for updated IRS 990 analysis.
Are donations to Forge Nashville tax-deductible?
Forge Nashville is registered as a tax-exempt nonprofit (EIN: 822263146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forge Nashville located?
Forge Nashville is headquartered in Nashville, Tennessee and files with the IRS under EIN 822263146. It is classified under NTEE code A11.
How many years of IRS 990 filings does Forge Nashville have?
Forge Nashville has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $838K in total revenue.
Filing History
IRS 990 filing history for Forge Nashville showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Forge Nashville's revenue has grown by 182.9%, moving from $252K to $714K. Total assets increased by 783.2% over the same period, from $51K to $454K. Total functional expenses rose by 193.1%, from $225K to $660K. In its most recent filing year (2023), Forge Nashville reported a surplus of $54K, with revenue exceeding expenses. The organization holds $745K in liabilities against $454K in assets (debt-to-asset ratio: 164.1%), resulting in net assets of $-291,042.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $714K | $660K | $454K | $745K | — | — |
| 2022 | $472K | $640K | $114K | $459K | — | View 990 |
| 2021 | $361K | $570K | $279K | $457K | — | View 990 |
| 2020 | $151K | $170K | $143K | $112K | — | — |
| 2019 | $252K | $225K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $714K, expenses of $660K, and assets of $454K (revenue +51.2% year-over-year).
- 2022: Revenue of $472K, expenses of $640K, and assets of $114K (revenue +31.0% year-over-year).
- 2021: Revenue of $361K, expenses of $570K, and assets of $279K (revenue +139.5% year-over-year).
- 2020: Revenue of $151K, expenses of $170K, and assets of $143K (revenue -40.4% year-over-year).
- 2019: Revenue of $252K, expenses of $225K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forge Nashville:
Data Sources and Methodology
This transparency report for Forge Nashville is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.