Nonprofit screen
Screen a listThe Forte Foundation
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Listed with the IRS, but California flags it.
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- IRS nonprofit listing
- Flagged
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Revoked
- Charity type
- Not stated
$6.8Mrevenue
FY2024 · +26% in 3 yrs42staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−4.9%
Months of reserve4.5mo
Revenue growth (annualized)+8.3%
Middle half of peersMedianForte
Where the money goes FY2024 · $7.2M spent
Programs$5.4M75%Management and general$1.1M16%Fundraising$682k10%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$172k in FY2022 and −$336k in FY2024. Cash covers 4.5 months, above the peer median of 4.2.
990 Part I and balance sheetIn its favor2
Strong governance
16 of 16 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 8% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort31funders
$161ka year, last 3 years
37%from its largest funder
Funder’17’18’19’20’21’22’23Graduate Management Admission CouncilEvery year since FY2017$50k$50k$50k$50k$50k$50k$50kPrinciple Quest FoundationOn and off$10k$9k$6kSouthern Methodist UniversityOn and off$15kWashington UniversityOn and off$11kPutnam FoundationSince FY2022$5k$5kCarnegie Mellon UniversityOn and off$10kDonor-advised giftsDonors not disclosed$31k$31k$47k$97k$87k$95k$108k11 other fundersUp to $6k a year each$500$9k$9k$4k$4k
FundedThrough a donor-advised fund