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Nonprofiteer
← THE FORTE FOUNDATION

Form 990 for tax year 2024

Filed by THE FORTE FOUNDATION.

Totals

Total revenue
$6,828,496
Total expenses
$7,164,041
Contributions and grants received
$3,826,728
Grants paid
$10,000
Program service revenue
$2,924,400
Investment income
$77,368
Other revenue
$0
Total assets, end of year
$3,484,051
Total liabilities, end of year
$2,314,031
Net assets or fund balances, end of year
$1,170,020
Program services expenses (Part IX)
$5,364,850
Management and general expenses
$1,117,587
Fundraising expenses
$681,604
Program service expenses (Part III)
$5,364,850

Program services were 74.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $3,532,621

  • 1f · All other contributions, gifts and grants

    $294,107

  • 2a · Program service revenue: CONFERENCES AND WORKSH

    total $2,663,457 · related or exempt $2,663,457

  • 2b · Program service revenue: UNIVERSITY ADS

    total $210,943 · related or exempt $210,943

  • 2c · Program service revenue: STRATEGIC PARTNERSHIPS

    total $50,000 · related or exempt $50,000

  • 3 · Investment income

    total $77,368 · excluded $77,368

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $10,000 · program services $10,000

  • 5 · Compensation of officers, directors and key employees

    total $309,331 · program services $77,333 · management and general $185,598 · fundraising $46,400

  • 7 · Other salaries and wages

    total $3,661,870 · program services $2,744,504 · management and general $506,280 · fundraising $411,086

  • 8 · Pension plan contributions

    total $148,252 · program services $119,392 · management and general $12,843 · fundraising $16,017

  • 9 · Other employee benefits

    total $311,559 · program services $228,133 · management and general $48,044 · fundraising $35,382

  • 10 · Payroll taxes

    total $296,353 · program services $211,972 · management and general $50,346 · fundraising $34,035

  • 11b · Fees: legal

    total $24,978 · management and general $24,978

  • 11c · Fees: accounting

    total $32,181 · management and general $32,181

  • 11g · Fees: other

    total $190,665 · program services $81,859 · management and general $86,258 · fundraising $22,548

  • 12 · Advertising and promotion

    total $380,351 · program services $328,724 · management and general $29,039 · fundraising $22,588

  • 13 · Office expenses

    total $77,175 · program services $11,548 · management and general $59,010 · fundraising $6,617

  • 14 · Information technology

    total $333,795 · program services $298,682 · management and general $22,649 · fundraising $12,464

  • 17 · Travel

    total $208,893 · program services $120,761 · management and general $57,786 · fundraising $30,346

  • 19 · Conferences, conventions and meetings

    total $1,027,765 · program services $1,027,765

  • 24a · Other expenses: BANK FEES

    total $63,030 · program services $58,186 · fundraising $4,844

  • 24b · Other expenses: FUNDRAISING ACTIVITIES

    total $36,055 · fundraising $36,055

  • 24c · Other expenses: TELECOMMUNICATIONS

    total $31,040 · program services $27,936 · management and general $1,552 · fundraising $1,552

  • 24d · Other expenses: EQUIPMENT AND MAINTENAN

    total $10,638 · program services $9,525 · management and general $521 · fundraising $592

  • 24e · All other expenses

    total $10,110 · program services $8,530 · management and general $502 · fundraising $1,078

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $354,537 · end of year $426,598

  • 2 · Savings and temporary cash investments

    beginning of year $2,831,450 · end of year $2,246,834

  • 4 · Accounts receivable

    beginning of year $317,801 · end of year $253,751

  • 9 · Prepaid expenses and deferred charges

    beginning of year $226,945 · end of year $306,868

  • 12 · Investments: other securities

    end of year $250,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,408 · end of year $121,896

  • 19 · Deferred revenue

    beginning of year $1,921,415 · end of year $1,924,582

  • 25 · Other liabilities

    beginning of year $258,345 · end of year $267,553

  • 27 · Net assets without donor restrictions

    beginning of year $1,405,565 · end of year $1,098,488

  • 28 · Net assets with donor restrictions

    beginning of year $100,000 · end of year $71,532

Mission and programs · 2024

Mission

WE FUEL THE FUTURE OF BUSINESS BY CONNECTING AMBITIOUS CAREER-DRIVEN WOMEN WITH LEADING COMPANIES AND BUSINESS SCHOOLS--EQUIPPING THEM WITH CRITICAL SKILLS, NETWORKS, AND RESOURCES TO THRIVE IN HIGH-IMPACT CAREERS.

  • FORTE'S ALLIANCE CONNECTS TALENTED WOMEN, COMPANIES, UNIVERSITIES, AND BUSINESS SCHOOLS. FORTE PROVIDES WOMEN WITH ACCESS TO BUSINESS EDUCATION, ROLE MODELS, PROFESSIONAL NETWORKS, AND LEADERSHIP TRAINING THAT EMPOWERS THEM TO RETHINK WHAT IS POSSIBLE.

    Expenses $5,364,850 · Grants $10,000 · Revenue $2,924,400

As filed on the 2024 return.

Listed in Part VII

  • Alexis Capra

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Beverley Babcock

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Caitlin McLaughlin

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Doug Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Barbara Soria

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ellen Glazerman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeannette Martin

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Lauriann Kloppenburg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marques Benton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nicole Irvin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kris Cotrone

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sara O'Reilly

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nogie Udevbulu

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Melanie Carucci

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Josh Stewart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Peter Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Roxanne Hori

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Karen Korn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kathleen McQuiggan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Elissa Ellis Sangster

    CEO

    Total calculated
    $309,330
    From this org
    $269,275
    From related orgs
    $0
    Other
    $40,055
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $254,275
    Bonus
    $15,000
    Other
    $0
    Deferred
    $28,697
    Nontaxable benefits
    $11,358
    Filer's total
    $309,330
  • Katherine Stanfield

    VP MARKETING

    Total calculated
    $215,486
    From this org
    $190,212
    From related orgs
    $0
    Other
    $25,274
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,212
    Bonus
    $5,000
    Other
    $0
    Deferred
    $15,080
    Nontaxable benefits
    $10,194
    Filer's total
    $215,486
  • Arrion Rathsack

    VP PROGRAMS

    Total calculated
    $191,730
    From this org
    $167,383
    From related orgs
    $0
    Other
    $24,347
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,383
    Bonus
    $5,000
    Other
    $0
    Deferred
    $13,547
    Nontaxable benefits
    $10,800
    Filer's total
    $191,730
  • Daniel Garza

    VP TECHNOLOGY & DATA

    Total calculated
    $214,140
    From this org
    $188,991
    From related orgs
    $0
    Other
    $25,149
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,991
    Bonus
    $4,000
    Other
    $0
    Deferred
    $14,955
    Nontaxable benefits
    $10,194
    Filer's total
    $214,140
  • Amy Orlov

    DIRECTOR - PROFESSIONAL PR

    Total calculated
    $181,864
    From this org
    $159,298
    From related orgs
    $0
    Other
    $22,566
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,298
    Bonus
    $3,000
    Other
    $0
    Deferred
    $11,208
    Nontaxable benefits
    $11,358
    Filer's total
    $181,864
  • Mariska Morse

    VP DEVELOPMENT

    Total calculated
    $178,650
    From this org
    $165,550
    From related orgs
    $0
    Other
    $13,100
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,550
    Bonus
    $0
    Other
    $0
    Deferred
    $12,525
    Nontaxable benefits
    $575
    Filer's total
    $178,650

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 October 2025
IRS schema version
2024v5.2
Source object
202502889349303095

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