Civic Intelligence

Forging Industry Association

990 • Fiscal year 2012 • EIN 34-0821275

Jun 01, 2011 to May 31, 2012 • Filed on Oct 08, 2012

Organization ProfileWWW.FORGING.ORG

View Organization Page

1111 Superior Avenue No 61544114
Siviq Scores

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

Liabilities / Assets

50th percentile

0.20x

Higher debt load relative to assets than 50% of similar nonprofits.

2012 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

39th percentile

0.7%

Faster asset growth than 39% of similar nonprofits.

2012 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets50th percentile

Assets

$2,930,421

No earlier filing loaded for comparison.

Net Assets

$2,338,816

No earlier filing loaded for comparison.

Liabilities

$591,605

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,975,341

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $2,930,421Liabilities 2012: $591,605Net Assets 2012: $2,338,8162012Assets 2013: $3,026,255Liabilities 2013: $322,058Net Assets 2013: $2,704,1972013Assets 2014: $3,001,936Liabilities 2014: $502,082Net Assets 2014: $2,499,8542014Assets 2017: $3,877,800Liabilities 2017: $66,139Net Assets 2017: $3,811,6612017Assets 2018: $3,992,502Liabilities 2018: $143,891Net Assets 2018: $3,848,6112018Assets 2019: $4,865,011Liabilities 2019: $218,492Net Assets 2019: $4,646,5192019Assets 2020: $4,586,645Liabilities 2020: $97,598Net Assets 2020: $4,489,0472020Assets 2021: $6,467,181Liabilities 2021: $1,426,728Net Assets 2021: $5,040,4532021Assets 2022: $5,925,128Liabilities 2022: $688,526Net Assets 2022: $5,236,6022022

Highlighted filing

2012

Assets$2,930,421
Liabilities$591,605
Net Assets$2,338,816
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $2,975,3412012Expenses 2013: $2,966,8542013Revenue 2014: $2,181,566Expenses 2014: $2,469,923Net Income 2014: -$288,3572014Revenue 2017: $3,394,110Expenses 2017: $2,534,072Net Income 2017: $860,0382017Revenue 2018: $2,092,295Expenses 2018: $2,090,185Net Income 2018: $2,1102018Revenue 2019: $3,697,115Expenses 2019: $2,852,905Net Income 2019: $844,2102019Revenue 2020: $1,790,723Expenses 2020: $2,100,447Net Income 2020: -$309,7242020Revenue 2021: $1,669,919Expenses 2021: $1,726,189Net Income 2021: -$56,2702021Revenue 2022: $4,525,917Expenses 2022: $3,245,633Net Income 2022: $1,280,2842022

Highlighted filing

2012

Revenue-
Expenses$2,975,341
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2011 to May 31, 2012
Signed
Oct 8, 2012
Return Version
2011v1.2
Gross Receipts
$3,710,095
Mission and Program Overview

Mission

Improve members' global competetiveness.

Major Activities

Activity 2
Held formal seminars for forging company personnel such as forging die design, press die design and industrial plant training. Collected and distributed industry safety awareness information.
Activity 3
Conducted meetings, conferences and seminars for forging industry personnel on industry-related topics including: plant engineering, technical, marketing, and administrative management.
Filing and Contact Details

Filer

EIN
34-0821275
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IRS990ScheduleO/GeneralExplanation/Explanation0ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION WITH MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation1MEMBERSHIP ELECTS MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/GeneralExplanation/Explanation2BOARD MEMBERS APPROVE BUDGETS AND CHANGES IN DUES STRUCTURE.
IRS990ScheduleO/GeneralExplanation/Explanation3DRAFT OF THE FORM 990 WAS REVIEWED BY THE TREASURER PRIOR TO FINAL COMPLETION OF THE RETURN. UPON APPROVAL BY THE TREASURER THE 990 WAS COMPLETED AND FILED.
IRS990ScheduleO/GeneralExplanation/Explanation4EMPLOYEES RECEIVE AND MUST ACKNOWLEDGE THAT THEY HAVE READ THE POLICY. MANAGEMENT MONITORS EMPLOYEES FOR COMPLIANCE WITH POLICY.
IRS990ScheduleO/GeneralExplanation/Explanation5A SURVEY OF OTHER ORGANIZATIONS IS TAKEN AND EVALUATED IN DETERMINING SALARY LEVELS FOR FORGING INDUSTRY ASSOCIATION EMPLOYEES. THE EXECUTIVE VICE PRESIDENT SUBMITS SALARY RECOMMENDATIONS TO THE EXECUTIVE BOARD FOR FINAL APPROVAL. SALARY OF THE EXECUTIVE VICE PRESIDENT IS DETERMINED BY THE EXECUTIVE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation6DOCUMENTS ARE AVAILABLE BY REQUEST OF THE TREASURER.
IRS990ScheduleO/GeneralExplanation/Explanation7GOVERNMENT AFFAIRS SERVICES: TOTAL EXPENSES 73,102. MAINTENANCE AND DEVELOPMENT: TOTAL EXPENSES 58,369. MEMBERSHIP SERVICES: TOTAL EXPENSES 55,157. MARKETING AND PUBLIC RELATIONS: TOTAL EXPENSES 34,256. EQUIPMENT LEASE & MAINTENANCE: TOTAL EXPENSES 21,064. CASUALTY INSURANCE: TOTAL EXPENSES 19,804. PROFESSIONAL SERVICES: TOTAL EXPENSES 19,365. AFFILIATED ORGANIZATIONS: TOTAL EXPENSES 16,677. STAFF TRAINING: TOTAL EXPENSES 15,967. MISC. HEADQUARTERS EXPENSE: TOTAL EXPENSES 12,512. TELEPHONE: TOTAL EXPENSES 10,990. SUBSCRIPTIONS: TOTAL EXPENSES 8,923. POSTAGE: TOTAL EXPENSES 7,655. PROXY TAX: TOTAL EXPENSES 5,944. PRODUCTIONS DEPARTMENT EXPENSE: TOTAL EXPENSES 4,070. ENVIRONMENTAL, INDUSTRIAL RELATIONS, SAFETY SERVICES: TOTAL EXPENSES 3,746. UNCOLLECTIBLE DUES: TOTAL EXPENSES -3,032.
IRS990ScheduleO/GeneralExplanation/Explanation8NET UNREALIZED LOSSES ON INVESTMENTS: -56,842.
IRS990ScheduleO/GeneralExplanation/Explanation9THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0ALL OTHER FUNCTIONAL EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART X, LINE 24E
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference9FORM 990, PART XII LINE 2C, NO CHANGE IN PROCESS
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1025 PROSPECT AVENUE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0CLEVELAND
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0OH
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode044115
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/EIN0346556992
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0DE
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10FORGING INDUSTRY EDUCATIONAL AND RESEARCH FOUNDATION
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0TO SUPPORT AND ENHANCE THE FORGING INDUSTRY THROUGH EDUCATION
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0509(A)(3) TYPE II
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg00
IRS990ScheduleR/ReimbursementPaidToOtherOrg00
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
IRS990ScheduleR/SharingOfFacilities01
IRS990ScheduleR/SharingOfPaidEmployees01
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved019406
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved1149472
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine10FORGING INDUSTRY EDUCATIONAL AND RESEARCH FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine11FORGING INDUSTRY EDUCATIONAL AND RESEARCH FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType0M
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType1N
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0OH
IRS990/SubjectToProxyTax01
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine101111 SUPERIOR AVENUE SUITE 615
IRS990/TheBooksAreInCareOf/AddressUS/City0CLEVELAND

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,930,421
Liabilities
$591,605
Net assets
$2,338,816
Revenue
-
Expenses
$2,975,341
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.93$0.69$5.24$4.53$3.25$1.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.47$1.43$5.04$1.67$1.73$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.59$0.10$4.49$1.79$2.10$0.31
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.87$0.22$4.65$3.70$2.85$0.84
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$0.14$3.85$2.09$2.09$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.88$0.07$3.81$3.39$2.53$0.86
2014Detailed filing. Detailed filing data is available for this year.$3.00$0.50$2.50$2.18$2.47$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.32$2.70$2.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.59$2.34$2.98