Civic Intelligence

Forging Industry Association

990 • Fiscal year 2017 • EIN 34-0821275

Jun 01, 2016 to May 31, 2017 • Filed on Jan 17, 2018

Organization Profilewww.forging.org

View Organization Page

1111 Superior Avenue No 615Cleveland, OH 44114

(216) 781-6260

Siviq Scores

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

Liabilities / Assets

20th percentile

0.02x

Higher debt load relative to assets than 20% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

19th percentile

0.02x

Higher debt load relative to revenue than 19% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

90th percentile

25%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

77th percentile

$225,188

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

55th percentile

6.8%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Revenue Growth

31st percentile

-1.4%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$3,877,800

Up $875,864 (+29%) from 2014

Net Assets

Up

$3,811,661

Up $1,311,807 (+52%) from 2014

Liabilities

Down

$66,139

Down $435,943 (-87%) from 2014

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin90th percentile

Revenue

Up

$3,394,110

Up $1,212,544 (+56%) from 2014

Expenses

Up

$2,534,072

Up $64,149 (+2.6%) from 2014

Net Income

Up

$860,038

Up $1,148,395 (+398%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth55th 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

2017

Assets$3,877,800
Liabilities$66,139
Net Assets$3,811,661
Open 2017 Filing

Operations Trend

Revenue Growth31st percentile

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

2017

Revenue$3,394,110
Expenses$2,534,072
Net Income$860,038
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Jan 17, 2018
Return Version
2016v3.0
Gross Receipts
$3,396,071
Mission and Program Overview

Mission

Improve members' global competetiveness.

Improve member's global competitiveness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,231,473$2,500,289▲ $268,816
Cash and Non-Interest-Bearing Accounts$644,776$1,251,652▲ $606,876
Accounts Receivable$59,272$70,623▲ $11,351
Land, Buildings, and Equipment, Net$30,406$29,583▼ $823
Prepaid Expenses and Deferred Charges$55,911$25,653▼ $30,258
Savings and Temporary Cash Investments$8,418$0▼ $8,418
Total Assets$3,030,256$3,877,800▲ $847,544
Liabilities
Deferred Revenue$243,185$48,279▼ $194,906
Accounts Payable and Accrued Expenses$46,336$17,860▼ $28,476
Total Liabilities$289,521$66,139▼ $223,382
Net Assets / Fund Balance
Unrestricted Net Assets$2,740,735$3,811,661▲ $1,070,926
Total Net Assets Fund Balance$2,740,735$3,811,661▲ $1,070,926
Total Liabilities and Net Assets / Fund Balance$3,030,256$3,877,800▲ $847,544

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,561$114,521$143,082
Leasehold Improvements$1,022$9,089$10,111
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roy HardyPresidentFT$200,870$24,318$225,188
Joseph R BoniTreasurer & SecretaryFT$140,372$1,105$141,477

Board Members and Trustees

NameTitle
William M HobanChairman
Jeffrey T JonesVice Chairman
David SalenBoard Member
James ThielensBoard Member
Jeffry D JonesBoard MEMBER
Jose BravoBoard Member
Karen HannumBoard Member
Martin R EssigBoard Member
Michael WozniakBoard Member
Paul R DennisBoard Member
Ron HahnBoard Member
Scott BoydBoard Member
Willard T Walker JrBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,291,937
Program Service Revenue
$2,031,612
Investment Income
$58,271
Other Revenue
$12,290
Change in Net Assets
$860,038

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,396,071
Revenue Not Reported on Financial Statements
$-1,961
Revenue Not Reported on Form 990
$210,888
Other Revenue Adjustments
$-1,961
Total Revenue per Audited Statements
$3,606,959
Total Revenue per Form 990
$3,394,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,722,111
Salaries, Compensation, and Employee Benefits$811,961
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,039,126
Current Officers, Directors, Trustees, and Key Employees---$345,743
Other Salaries and Wages---$321,562
All Other Expenses---$159,198
Occupancy---$74,773
Other Employee Benefits---$65,440
Fees for Services Other---$56,971
Other Expenses---$52,900
Payroll Taxes---$50,853
Pension Plan Contributions---$28,363
Fees for Services Lobbying---$24,410
Depreciation Depletion---$20,065
Travel---$18,382
Insurance---$17,232
Office Expenses---$16,750
Fees for Services Accounting---$10,300
Fees for Services Legal---$6,803
Total Functional Expenses$0$0$0$2,534,072

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,536,033
Expenses per Audited Statements$2,534,072
Total Expenses per Form 990$2,534,072
Expenses Not Reported on Form 990$1,961
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$24,410
Total Nondeductible Lobbying and Political Cost$24,410
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“Organization is a not-for-profit corporation with members.”

Form 990, Part VI, Section A, line 7A

“Membership elects members of the governing body.”

Form 990, Part VI, Section A, line 7B

“Board members approve budgets and changes in dues structure.”

Form 990, Part VI, Section B, line 11B

“Draft of the form 990 was reviewed by the cfo prior to final completion of the return. Upon approval by the cfo the 990 was completed and filed.”

Form 990, Part VI, Section B, line 12C

“Employees receive and must acknowledge that they have read the policy. Management monitors employees for compliance with policy.”

Form 990, Part VI, Section B, line 15A

“A survey of other organizations is taken and evaluated in determining salary level for forging industry association president. Salary of the president is determined by the executive committee of the board of directors.”

Form 990, Part VI, Section C, line 19

“Documents are available by request of the cfo.”

Filing and Contact Details

Filer

Filer Name
Forging Industry Association
EIN
34-0821275
Phone
2167816260
Address
1111 Superior Avenue No 615, Cleveland, OH 44114

Signing Officer

Name
Joseph R Boni
Title
CFO & Treasurer
Phone
2167816260
Signed
2018-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy Hardy
Formed
1959
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
13
Employees
11
Volunteers
13

Preparer

Firm
Rea & Associates Inc
Address
6300 Rockside Rd Suite 100, Cleveland, OH 44131
Preparer
Charles P Battiato Jr CPA
Phone
2165732330
Supplemental Narrative

Additional Explanations

Form 990, Part XII Line 2C, No Change in Process

“The organization has not changed its oversight process or selection process during the tax year.”

Financial Statement Notes

Part X, Line 2:

“The Entity follows FASB ASC 740-10, "Accounting for Uncertainty in Income Taxes," which prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure, and transition issues. Management has evaluated and concluded that there were no material uncertain tax positions requiring recognition in the accompanying financial statements.”

Part XI, Line 4B - Other Adjustments:

“Loss on equipment -1,961.”

Raw XML AppendixShowing 400 of 488 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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IRS990/OtherEmployeeBenefitsGrp/TotalAmt065440
IRS990/OtherExpensesGrp/Desc0Proxy Tax
IRS990/OtherExpensesGrp/Desc1FIERF
IRS990/OtherExpensesGrp/Desc2Government affairs svcs
IRS990/OtherExpensesGrp/Desc3Consulting Fees
IRS990/OtherExpensesGrp/TotalAmt08404
IRS990/OtherExpensesGrp/TotalAmt1151039
IRS990/OtherExpensesGrp/TotalAmt265758
IRS990/OtherExpensesGrp/TotalAmt352900
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012290
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012290
IRS990/OtherRevenueTotalAmt012290
IRS990/OtherSalariesAndWagesGrp/TotalAmt0321562
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt050853
IRS990/PensionPlanContributionsGrp/TotalAmt028363
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055911
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025653
IRS990/PrincipalOfficerNm0ROY HARDY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0Meeting Income
IRS990/ProgramServiceRevenueGrp/Desc1Tuition & Educational
IRS990/ProgramServiceRevenueGrp/Desc2Sale of Publications
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01880069
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1150891
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2652
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01880069
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1150891
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2652
IRS990/ProgSrvcAccomActy2Grp/Desc0Held 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.
IRS990/ProgSrvcAccomActy3Grp/Desc0Conducted meetings, conferences and seminars for forging industry personnel on industry-related topics including: plant engineering, technical, marketing, and administrative management.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01336261
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt097293
IRS990/PYOtherExpensesAmt01440684
IRS990/PYOtherRevenueAmt020495
IRS990/PYProgramServiceRevenueAmt0701917
IRS990/PYRevenuesLessExpensesAmt0-67452
IRS990/PYSalariesCompEmpBnftPaidAmt0782734
IRS990/PYTotalExpensesAmt02223418
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02155966
IRS990/ReconcilationRevenueExpnssAmt0860038
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08418
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt01291937
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt024410
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt024410
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt024410
IRS990ScheduleD/EquipmentGrp/BookValueAmt028561
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0114521
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0143082
IRS990ScheduleD/ExpensesNotReportedAmt01961
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02534072
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01022
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09089
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010111
IRS990ScheduleD/LossesReportedAmt01961
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0210888
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-1961
IRS990ScheduleD/RevenueNotReportedAmt0210888
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-1961
IRS990ScheduleD/RevenueSubtotalAmt03396071
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Entity follows FASB ASC 740-10, "Accounting for Uncertainty in Income Taxes," which prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure, and transition issues. Management has evaluated and concluded that there were no material uncertain tax positions requiring recognition in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Loss on equipment -1,961.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029583
IRS990ScheduleD/TotalExpensesPerForm990Amt02534072
IRS990ScheduleD/TotalRevenuePerForm990Amt03394110
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03606959
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02536033
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0200870
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt024318
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROY HARDY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0225188
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP ELECTS MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS APPROVE BUDGETS AND CHANGES IN DUES STRUCTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DRAFT OF THE FORM 990 WAS REVIEWED BY THE CFO PRIOR TO FINAL COMPLETION OF THE RETURN. UPON APPROVAL BY THE CFO THE 990 WAS COMPLETED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EMPLOYEES RECEIVE AND MUST ACKNOWLEDGE THAT THEY HAVE READ THE POLICY. MANAGEMENT MONITORS EMPLOYEES FOR COMPLIANCE WITH POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A SURVEY OF OTHER ORGANIZATIONS IS TAKEN AND EVALUATED IN DETERMINING SALARY LEVEL FOR FORGING INDUSTRY ASSOCIATION PRESIDENT. SALARY OF THE PRESIDENT IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE BY REQUEST OF THE CFO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII LINE 2C, NO CHANGE IN PROCESS
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FORGING INDUSTRY EDUCATIONAL AND RESEARCH FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0346556992
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO SUPPORT AND ENHANCE THE FORGING INDUSTRY THROUGH EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)(3) TYPE II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt025 PROSPECT AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CLEVELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044115
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt026187
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1124852
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FORGING INDUSTRY EDUCATIONAL AND RESEARCH FOUNDATION

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,877,800
Liabilities
$66,139
Net assets
$3,811,661
Revenue
$3,394,110
Expenses
$2,534,072
Net income
$860,038
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
2017Detailed filing. Detailed filing data is available for this year.$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