Forum Club
Nonprofit profile at a glance
- EIN
- 541834559
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Midlothian, VA, USA
- Phone
- 8048738824
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $83,850
- Expenses
- $64,664
- Assets
- $92,143
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Martha Shickle (Chairman)
- Lisa Sims (Vice Chair)
- Bernard Harkless (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Nine meetings per year led by members or outside speakers dicussing topics of interest to general community including development activities in the Greater Richmond area and economic trends. One meeting cancelled in fiscal year due to weather.
What it reported doing in 2025
The purpose of the club is to afford a means of exchanging ideas on all topics of interest in a democratic soci4ety. thus it is intended to provide a focus of community life and to stimulate the qualities of citizenship. the Club is a member organization in which dues are used to pay for 9 monthly meetings, which include meals, beverages, venue fees, and occasional speaker fees. Meetings generally have a speaker or panel and time for discussion. dues are also used to pay one part-time administrative support individual. None of the officers receive compensation. Dues were $750 for 86 full-time members and $350 for 23 Associate Members. The meeting venue is the Virginia Museum of History and Culture, which charges $128 per person per meeting.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 66
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 22.9%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 10.6% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 23.6% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.