Civic Intelligence

International Fastener Machinery Association Inc

990EZ • Fiscal year 2016 • EIN 06-1387535

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 14, 2017

107 Mill Plain RoadDanbury, CT 06811

(203) 794-0444

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

25.48x

Higher debt load relative to assets than 100% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

7.21x

Higher debt load relative to revenue than 100% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-265%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

2nd percentile

-90%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$368

Down $3,440 (-90%) from 2015

Net Assets

Down

-$9,007

Down $3,440 (-62%) from 2015

Liabilities

Flat

$9,375

Flat from 2015

Revenue

Down

$1,300

Down $12,792 (-91%) from 2015

Expenses

Down

$4,740

Down $6,158 (-57%) from 2015

Net Income

Down

-$3,440

Down $6,634 (-208%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$10K$0-$10K-$20KAssets 2011: $2,297Liabilities 2011: $10,075Net Assets 2011: -$7,7782011Assets 2013: $1,010Liabilities 2013: $9,378Net Assets 2013: -$8,3682013Assets 2014: $614Liabilities 2014: $9,375Net Assets 2014: -$8,7612014Assets 2015: $3,808Liabilities 2015: $9,375Net Assets 2015: -$5,5672015Assets 2016: $368Liabilities 2016: $9,375Net Assets 2016: -$9,0072016Assets 2017: $3,890Liabilities 2017: $8,275Net Assets 2017: -$4,3852017Assets 2018: $9,037Liabilities 2018: $8,275Net Assets 2018: $7622018Assets 2019: $3,489Liabilities 2019: $8,275Net Assets 2019: -$4,7862019Assets 2020: $1,822Liabilities 2020: $8,275Net Assets 2020: -$6,4532020Assets 2021: $0Liabilities 2021: $12,049Net Assets 2021: -$12,0492021

Highlighted filing

2016

Assets$368
Liabilities$9,375
Net Assets-$9,007

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $12,950Expenses 2011: $14,624Net Income 2011: -$1,6742011Revenue 2013: $10,791Expenses 2013: $8,352Net Income 2013: $2,4392013Revenue 2014: $2,952Expenses 2014: $3,345Net Income 2014: -$3932014Revenue 2015: $14,092Expenses 2015: $10,898Net Income 2015: $3,1942015Revenue 2016: $1,300Expenses 2016: $4,740Net Income 2016: -$3,4402016Revenue 2017: $8,800Expenses 2017: $4,178Net Income 2017: $4,6222017Revenue 2018: $28,882Expenses 2018: $23,735Net Income 2018: $5,1472018Revenue 2019: $70,407Expenses 2019: $75,955Net Income 2019: -$5,5482019Revenue 2020: $0Expenses 2020: $1,667Net Income 2020: -$1,6672020Expenses 2021: $5,5962021

Highlighted filing

2016

Revenue$1,300
Expenses$4,740
Net Income-$3,440
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 14, 2017
Return Version
2016v3.0
Gross Receipts
$1,300
Mission and Program Overview

Mission

To facilitate the understanding worldwide of standards, specifications, trade terminology, and generally promote the serviceability of the fastener and precision formed parts industries.

To foster the mutual interest of members worldwide which supply machinery,equipment, tooling, materials, testing and technical services for thefastener and precision formed parts industries.to work in cooperation with existing groups to collect, exchange and disseminate technical and commercial information relating to the production, distribution, consumption and the use of fasteners and components made from ferrous and non-ferrous material.to promote and develop meetings, events, expositions and educational programs worldwide aimed at enabling the industries to conduct themselves with the greatest economy and efficiency and to improve the welfare of those engaged in the industries.to facilitate the understanding worldwide of standards, specifications, trade terminology and generally promote the serviceability of the fastener and precision formed parts industries.

Program Services

DescriptionGrantsExpenses
PROVIDE MANAGEMENT AND GUIDANCE FOR ITS MEMBERS FOR PARTICIPATION IN EXPOSITIONS AND INTERNATIONAL TRADE FAIRS, RELATING TO THE FASTENER & PRECISION FORMED PARTS INDUSTRY.$0$4,740
HOSTED MEETINGS THAT PROVIDED OPPORTUNITIES FOR MEMBER COMPANY OWNERS AND UPPER MANAGEMENT TO NETWORK WITH PEERS AND DISCUSS MATTERS OF MUTUAL INTEREST.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM FLANAGANDirector-$0--
MICHAEL WALDENDirector-$0--
MARK L HARITONDirector-$0--
ANDREW DREGERDirector-$0--
TOM W SHOECRAFTDirector-$0--
RICHARD THIERJUNGDirector-$0--
HARRY GLAESERDirector-$0--
FRED BARBAROTTODirector-$0--
RAY SULLIVANChairman-$0--
LEE LOUDERMILKFirst Vice President-$0--
RAYMOND ZIRKLEDirector-$0--
Filing and Contact Details

Filer

Filer Name
International Fastener Machinery
EIN
06-1387535
Phone
2037940444
Address
107 MILL PLAIN ROAD, DANBURY, CT 06811

Signing Officer

Name
Raymond P Zirkle
Title
Director
Phone
2037940444
Signed
2017-02-14
Discuss with paid preparer
Yes

Preparer

Firm
Cironefriedberg Llp
Address
24 STONY HILL ROAD, BETHEL, CT 06801
Preparer
Anthony W Cirone Jr CPA
Phone
2037982721
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: meetings and conferences. Amount: 1,908. Description: merchant service charges. Amount: 891. Total to form 990-ez, line 16: 2,799.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: director loan. Beg. Of year amount: 9,375. End of year amount: 9,375.

Raw XML Appendix173 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIM FLANAGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL WALDEN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9FIRST VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0TO FOSTER THE MUTUAL INTEREST OF MEMBERS WORLDWIDE WHICH SUPPLY MACHINERY,EQUIPMENT, TOOLING, MATERIALS, TESTING AND TECHNICAL SERVICES FOR THEFASTENER AND PRECISION FORMED PARTS INDUSTRIES.TO WORK IN COOPERATION WITH EXISTING GROUPS TO COLLECT, EXCHANGE AND DISSEMINATE TECHNICAL AND COMMERCIAL INFORMATION RELATING TO THE PRODUCTION, DISTRIBUTION, CONSUMPTION AND THE USE OF FASTENERS AND COMPONENTS MADE FROM FERROUS AND NON-FERROUS MATERIAL.TO PROMOTE AND DEVELOP MEETINGS, EVENTS, EXPOSITIONS AND EDUCATIONAL PROGRAMS WORLDWIDE AIMED AT ENABLING THE INDUSTRIES TO CONDUCT THEMSELVES WITH THE GREATEST ECONOMY AND EFFICIENCY AND TO IMPROVE THE WELFARE OF THOSE ENGAGED IN THE INDUSTRIES.TO FACILITATE THE UNDERSTANDING WORLDWIDE OF STANDARDS, SPECIFICATIONS, TRADE TERMINOLOGY AND GENERALLY PROMOTE THE SERVICEABILITY OF THE FASTENER AND PRECISION FORMED PARTS INDUSTRIES.
IRS990EZ/PrintingPublicationsPostageAmt01941
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE MANAGEMENT AND GUIDANCE FOR ITS MEMBERS FOR PARTICIPATION IN EXPOSITIONS AND INTERNATIONAL TRADE FAIRS, RELATING TO THE FASTENER & PRECISION FORMED PARTS INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1HOSTED MEETINGS THAT PROVIDED OPPORTUNITIES FOR MEMBER COMPANY OWNERS AND UPPER MANAGEMENT TO NETWORK WITH PEERS AND DISCUSS MATTERS OF MUTUAL INTEREST.
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MEETINGS AND CONFERENCES. AMOUNT: 1,908. DESCRIPTION: MERCHANT SERVICE CHARGES. AMOUNT: 891. TOTAL TO FORM 990-EZ, LINE 16: 2,799.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DIRECTOR LOAN. BEG. OF YEAR AMOUNT: 9,375. END OF YEAR AMOUNT: 9,375.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum02037940444
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERNATIONAL FASTENER MACHINERY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
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ReturnHeader/Filer/EIN0061387535
ReturnHeader/Filer/PhoneNum02037940444
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:10:02
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CIRONEFRIEDBERG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024 STONY HILL ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHEL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006801
ReturnHeader/PreparerPersonGrp/PhoneNum02037982721
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY W CIRONE JR CPA
ReturnHeader/ReturnTs02017-03-21T10:17:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)6 • <$500k nonprofits