Oh, sorry. Well first, it's not a mod so you shouldn't extract it there. It's a separate program .exe that you can run from anywhere. The download pack has a bunch of folders when you extract the .rar, there should be a Galaxy Forge folder with the .exe in there.
Note that you do need the .NET Framework 2.0 to run it. You can check your version by going to add/remove programs and it will show up. If you don't have it listed there, you'll need to grab the distributable off Microsoft's site. 2.0 is pretty old, think the latest is 3.5 and it works fine.
But yeah, Galaxy Forge won't show up anywhere in game, since it's separate 