Nonprofit · EIN 39-1646203
BUSINESS FORUM FOUNDATION
Tax-exempt · MADISON, WI 53708
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $27,506 | $26,387 | $1,119 | $98,755 | $12,427 | $86,328 |
| June 30, 2024 | 990-EZ | $29,156 | $27,002 | $2,154 | $94,300 | $13,483 | $80,817 |
| June 30, 2023 | 990-EZ | $22,773 | $29,424 | -$6,651 | $89,558 | $10,895 | $78,663 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $16,106
- Program service revenue
- $0
- Investment income
- $16,161
- Net income from fundraising events
- -$4,761
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $8,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $15,000
- Other expenses
- $3,387
- Program services (functional)
- $33,346
Balance sheet and other
- Total assets, start of year
- $94,300
- Total assets, end of year
- $98,755
- Total liabilities, end of year
- $12,427
- Net assets, end of year
- $86,328
- Cash, savings and investments
- $89,786
- Gross receipts
- $40,852
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shyla Gorham Martin | President | 3 | $0 |
| Carrie Waters Schmidt | Past President | 3 | $0 |
| Cora Decorah | Treasurer | 2 | $0 |
| Lindsey Henry | Secretary | 2 | $0 |
| Eva Smith | Director | 1 | $0 |
| Nicole Pecku | Director | 1 | $0 |
| Tyler Bukachek | Director | 1 | $0 |
| Emily Kuester | Director | 1 | $0 |
| Ngina Ali | Director | 1 | $0 |
| Shauna Hughey | Director | 1 | $0 |
| Ashleigh Hutchinson | Director | 1 | $0 |
| Ankita Bharadwaj | Director | 1 | $0 |
990-EZ for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chassidy Comella | President | 3 | $0 |
| Shyla Gorham Martin | President Elect | 3 | $0 |
| Carrie Waters Schmidt | Past President | 3 | $0 |
| Cora Decorah | Treasurer | 2 | $0 |
| Lindsey Henry | Secretary | 2 | $0 |
| Ngina Ali | Director | 1 | $0 |
| Samantha Nelson | Director | 1 | $0 |
| Eva Smith | Director | 1 | $0 |
| Nicole Pecku | Director | 1 | $0 |
| Tyler Bukachek | Director | 1 | $0 |
| Emily Kuester | Director | 1 | $0 |
| Olga Daubs | Director | 1 | $0 |
| Prue Lotharious | Director | 1 | $0 |
| Chantel Soumis | Director | 1 | $0 |
990-EZ for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carrie Waters Schmidt | President | 3 | $0 |
| Chassidy Comella | President Elect | 3 | $0 |
| Cora Decorah | Treasurer | 2 | $0 |
| Sarah Ripp | Secretary | 2 | $0 |
| Ngina Ali | Director | 1 | $0 |
| Tasha McKenzie | Director | 1 | $0 |
| Shyla Gorham Martin | Director | 1 | $0 |
| Jennifer Ridley-Hanson | Director | 1 | $0 |
| Lisa Spadoni | Director | 1 | $0 |
| Sarah Barnes | Director | 1 | $0 |
| Kim Burlage | Director | 1 | $0 |
| Samantha Nelson | Director | 1 | $0 |
| Eva Smith | Director | 1 | $0 |
| Lori Huston-Dinga | Past President | 1 | $0 |
| Sehade Sejdini | Director | 1 | $0 |
| Ashley Franklin | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8532, MADISON, WI 53708-8532
- In care of
- % KATE PINGEL
- Mailing address (990-N for 2010)
- 2424 American Lane, Madison WI 537043102
- Principal officer (990-N for 2010)
- Tracy Buglass, PO Box 44759, Madison WI 537444759
- Signed the 990-EZ
- Cora Decorah, Treasurer
- Phone
- (608) 838-1019
- Website
- www.thebusinessforum.org
Mission
To organization raises funds through special events and contributions to provide scholarships to new and returning adult women college students on an annual basis.
Program accomplishments
- The organization holds various fundraising events throughout the year to raise funds to provide scholarships to new and returning adult women college students. The student must reside in Dane County, Wisconsin, be planning or have begun to continue their education in a four-year, two-year, or adult education extension curriculum or technical or vocational program in Wisconsin. Online coursework must be done through an accredited licensed institution with a physical presence in Wisconsin. The student must be pursuing higher education in preparation for a professional, business, or entrepreneurial career. The student must have a record of academic performance balanced with community involvement, outside interests, and experiences. Finally, the student must demonstrate financial need. A total of four scholarships to four students were awarded during the year ended June 30, 2025, and ranged in amount from $1,500 to $3,500. No revenue is derived from this activity.Expenses $33,346 · grants $8,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 39-1646203
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $98,755
- Income (IRS master file)
- $40,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $27,506 | $26,387 | $98,755 | IRS |
| 990-EZ | June 2024 | $29,156 | $27,002 | $94,300 | IRS |
| 990-EZ | June 2023 | $22,773 | $29,424 | $89,558 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-N for 2010 Officer: Tracy Buglass | June 30, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1646203).
Questions about BUSINESS FORUM FOUNDATION
- What is the EIN of BUSINESS FORUM FOUNDATION?
- The employer identification number (EIN) of BUSINESS FORUM FOUNDATION is 39-1646203.
- Is BUSINESS FORUM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to BUSINESS FORUM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUSINESS FORUM FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BUSINESS FORUM FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUSINESS FORUM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of BUSINESS FORUM FOUNDATION?
- The 990-N for 2010 names Tracy Buglass.
- Who are the officers and directors of BUSINESS FORUM FOUNDATION?
- The 990-EZ for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does BUSINESS FORUM FOUNDATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $27,506, expenses of $26,387 and total assets of $98,755 at year end.
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