Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
2 people listed on the 990; $244K paid to officers and key staff.
Lee Watson’s $296K as CEO is at the 95th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Lee Watson | $296,211 | $160,787 | $124,316 | — |
| Scott Anderson | $90,896 | $120,000 | $119,995 | $99,997 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Offers educational support for cybersecurity training programs.
Questions for Forge Institute
Your first name shows with your question. Forge Institute answers here, for everyone.
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Forge Academy
Educational services
Emerging threat center-trusted community of professionals focusing on identifying, understanding and mitigating potentially significant threats within critical infrastructure, cyber and emerging technologies. This is accomplished through enhanced, contextual information sharing and analytic collaboration.
Forge fellowship-a unique opportunity for transitioning service members to gain skills that prepare them for life after military.
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $72K | $219K |
| Land, buildings, equipmentLn 10c | $13K | $6K |
| Total assetsLn 16 | $324K | $365K |
| LiabilitiesLn 26 | $7K | $3K |
| Net assetsLn 32 | $317K | $362K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $124K | $124K | ||
| Other salaries and wagesLn 7 | $237K | $194K | $43K | |
| Management feesLn 11a | $91K | $83K | $9K | |
| Legal feesLn 11b | $826 | $826 | ||
| Accounting feesLn 11c | $1K | $1K | ||
| Advertising and promotionLn 12 | $5K | $531 | $4K | |
| Office expensesLn 13 | $33K | $16K | $17K | |
| OccupancyLn 16 | $15K | $10K | $5K | |
| TravelLn 17 | $12K | $12K | ||
| Depreciation, depletion and amortizationLn 22 | $7K | $7K | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $268K | $264K | $4K | |
| All other expensesLn 24e | $611 | $456 | $155 | |
| Total functional expensesLn 25 | $796K | $712K | $84K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $2.3M | $3.7M | −$1.4M | $424K | 990 PDF |
| FY2023 | Not on file | ||||
| FY2022 | $1.8M | $1.8M | −$13K | $537K | 990 PDF |
| FY2021 Viewing | $840K | $796K | $44K | $362K | 990 PDF |
| FY2020 | $646K | $560K | $86K | $317K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $840,197 revenue, 12 lines filed
Part VI · Governance 2 of 2 board members independent, no flags
Part VIII · Statement of revenue $840,197 across 3 lines filed
Part IX · Statement of functional expenses $795,904 across 13 lines filed
Part X · Balance sheet $364,890 assets, 9 lines filed
Part XI · Reconciliation of net assets $361,585 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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