Founders Forge
- Assets
- $198.1k
- Revenue
- $282.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Johnson City, TN
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-4430682
Organization Overview
Founders Forge is located in Johnson City, TN. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Founders Forge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Nelson Director | 40 | $21,500 | |
Karlee Goodwin Chief Operations Officer | 40 | $0 | |
Jose Castillo Host/mc | 5 | $0 | |
Ryan Hayes Technology Ambassador | 5 | $0 | |
Edwin Williams Startup Ambassador | 5 | $0 | |
Sonu Mirchandani Entrepreneur Educator | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $281,770 |
| Interest on Savings | $246 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $282,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,500 |
| Other employee salaries and wages | $24,179 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,494 |
| Depreciation | $0 |
| Occupancy | $12,000 |
| Travel, conferences, and meetings | $1,801 |
| Printing and publications | $0 |
| Other expenses | $26,563 |
| Total operating and administrative expenses | $173,738 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $173,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,553 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $12,500 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $198,053 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |