Virginia · Nonprofit
FORGE ACADEMY
FORGE ACADEMY (Virginia) receives grants from 6 organizations whose IRS filings report $352,045 to it, the largest being THE UNIVERSITY OF VIRGINIA MCINTIRE SCHOOL OF COMMERCE FOUNDATION ($179,000). 4 of them have funded it in more than one year.
- Revenue FY2024
- $421k
- Funders on record
- 6
- Grants received
- $352k
- Net assets
- $57k
What Forge Academy does
Mission
Provide a forum for intellectual thinking and collaboration amongst programmers, designers, and thinking to further eductate the members.
As stated on its FY2024 Form 990.
Program
On its FY2024 return the organization reported starting a significant new program.
Forge Academy no longer provides a physical meeting space for members. The main service provided is the launch internship program.
Its own explanation, from Schedule O of that return (Part III, line 2).
Launch internship program and community events - providing skills, training and internship placement for students in the areas of software engineering, data science, and digital marketing. Both students and companies benefit from the training and access provided to the talent pool. Events also provide mentorship to current students and promote awareness for gender equality and workplace equity.
$419,737 spent$402,567 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $419,737.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $171k to $98k (−43%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 14% · 2021 20% · 2022 9%. Grants only. Government contracts and fees sit inside program revenue.
3% of FORGE ACADEMY’s revenue is contributions — more earned-revenue than three-quarters of its peers (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Allison Garrett
Promoted to executive director
Board chair
Clare Carr
Chairperson
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2019 and FY2020, and between the FY2020 and FY2021, and between the FY2022 and FY2023, and between the FY2023 and FY2024 filings.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $3k → $6k.
3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FORGE ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FORGE ACADEMY leans on a few funders — its largest provides 51% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FORGE ACADEMY.
Largest funder’s share by year: 2018 100% · 2019 54% · 2020 41% · 2021 50% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
99% of FORGE ACADEMY's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $36k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FORGE ACADEMY's funding base is broadening — from 1 funders to 2 as grant income climbed.
this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024
Organizations like FORGE ACADEMY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for FORGE ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FORGE ACADEMY?
- FORGE ACADEMY (Virginia) receives grants from 6 organizations whose IRS filings report $352,045 to it, the largest being THE UNIVERSITY OF VIRGINIA MCINTIRE SCHOOL OF COMMERCE FOUNDATION ($179,000). 4 of them have funded it in more than one year.
- How many funders does FORGE ACADEMY have?
- IRS filings report 6 organizations giving $352,045 in grants to FORGE ACADEMY, 4 of which have funded it in more than one year.
- Who is the largest funder of FORGE ACADEMY?
- THE UNIVERSITY OF VIRGINIA MCINTIRE SCHOOL OF COMMERCE FOUNDATION is the largest funder on record, with $179,000 in grants. The full list of funders is on this page.
- How can an organization like FORGE ACADEMY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Forge Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing