Civic Intelligence

Forging Industry Association

990 • Fiscal year 2018 • EIN 34-0821275

Jun 01, 2017 to May 31, 2018 • Filed on Apr 11, 2019

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

26th percentile

0.04x

Higher debt load relative to assets than 26% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

31st percentile

0.07x

Higher debt load relative to revenue than 31% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

34th percentile

0.1%

Higher net margin than 34% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

62nd percentile

$173,304

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

53rd percentile

3.0%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-38%

Faster revenue growth than 3% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$3,992,502

Up $114,702 (+3.0%) from 2017

Net Assets

Up

$3,848,611

Up $36,950 (+1.0%) from 2017

Liabilities

Up

$143,891

Up $77,752 (+118%) from 2017

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin34th percentile

Revenue

Down

$2,092,295

Down $1,301,815 (-38%) from 2017

Expenses

Down

$2,090,185

Down $443,887 (-18%) from 2017

Net Income

Down

$2,110

Down $857,928 (-100%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth53rd 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

2018

Assets$3,992,502
Liabilities$143,891
Net Assets$3,848,611
Open 2018 Filing

Operations Trend

Revenue Growth3rd 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

2018

Revenue$2,092,295
Expenses$2,090,185
Net Income$2,110
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Apr 11, 2019
Return Version
2017v2.3
Gross Receipts
$2,731,927
Mission and Program Overview

Mission

Improve members' global competetiveness.

Improve member's global competitiveness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,500,289$2,939,815▲ $439,526
Savings and Temporary Cash Investments-$728,719-
Cash and Non-Interest-Bearing Accounts$1,251,652$179,477▼ $1,072,175
Accounts Receivable$70,623$69,318▼ $1,305
Prepaid Expenses and Deferred Charges$25,653$39,806▲ $14,153
Land, Buildings, and Equipment, Net$29,583$35,367▲ $5,784
Total Assets$3,877,800$3,992,502▲ $114,702
Liabilities
Deferred Revenue$48,279$73,880▲ $25,601
Accounts Payable and Accrued Expenses$17,860$70,011▲ $52,151
Total Liabilities$66,139$143,891▲ $77,752
Net Assets / Fund Balance
Unrestricted Net Assets$3,811,661$3,848,611▲ $36,950
Total Net Assets Fund Balance$3,811,661$3,848,611▲ $36,950
Total Liabilities and Net Assets / Fund Balance$3,877,800$3,992,502▲ $114,702

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,367$118,522$153,889
Leasehold Improvements$0$10,111$10,111
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph R BoniCFO & SecretaryFT$171,581$1,723$173,304
Roy HardyFormer PresidentFT$100,353$15,314$115,667
James R WarrenPresidentFT$40,427-$40,427

Board Members and Trustees

NameTitle
Jeffrey T JonesChairman
Willard T Walker JrVice Chairman
Alex JenningsBoard Member
David MesickBoard Member
Gerald BornmanBoard Member
James ThielensBoard Member
Jeff KlingermanBoard Member
Michael WozniakBoard Member
Mike GillBoard Member
Scott BoydBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,281,815
Program Service Revenue
$633,706
Investment Income
$172,206
Other Revenue
$4,568
Change in Net Assets
$2,110

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,092,295
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$34,840
Total Revenue per Audited Statements
$2,127,135
Total Revenue per Form 990
$2,092,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,398,323
Salaries, Compensation, and Employee Benefits$691,862
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$620,992
Current Officers, Directors, Trustees, and Key Employees---$319,068
Other Salaries and Wages---$260,751
All Other Expenses---$146,438
Fees for Services Other---$107,326
Occupancy---$81,784
Other Expenses---$62,115
Payroll Taxes---$47,348
Other Employee Benefits---$47,171
Fees for Services Accounting---$18,250
Depreciation Depletion---$17,550
Pension Plan Contributions---$17,524
Insurance---$17,282
Fees for Services Legal---$16,863
Office Expenses---$16,653
Travel---$10,149
Fees for Services Lobbying---$5,720
Total Functional Expenses$0$0$0$2,090,185

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,090,185
Total Expenses per Audited Statements$2,090,185
Total Expenses per Form 990$2,090,185
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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$21,446
Total Nondeductible Lobbying and Political Cost$21,446
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 & Secretary
Phone
2167816260
Signed
2019-04-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy Hardy
Formed
1959
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
9
Volunteers
11

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.”

Raw XML AppendixShowing 400 of 469 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/PensionPlanContributionsGrp/TotalAmt017524
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025653
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039806
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/RelatedOrExemptFuncIncomeAmt0423884
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1207427
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22395
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0423884
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1207427
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22395
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/PYContributionsGrantsAmt01291937
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt058271
IRS990/PYOtherExpensesAmt01722111
IRS990/PYOtherRevenueAmt012290
IRS990/PYProgramServiceRevenueAmt02031612
IRS990/PYRevenuesLessExpensesAmt0860038
IRS990/PYSalariesCompEmpBnftPaidAmt0811961
IRS990/PYTotalExpensesAmt02534072
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03394110
IRS990/ReconcilationRevenueExpnssAmt02110
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0728719
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt01281815
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt021446
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt021446
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt021446
IRS990ScheduleD/EquipmentGrp/BookValueAmt035367
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0118522
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0153889
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02090185
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010111
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010111
IRS990ScheduleD/NetUnrealizedGainsInvstAmt034840
IRS990ScheduleD/RevenueNotReportedAmt034840
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02092295
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/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035367
IRS990ScheduleD/TotalExpensesPerForm990Amt02090185
IRS990ScheduleD/TotalRevenuePerForm990Amt02092295
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02127135
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02090185
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0171581
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01723
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSEPH R BONI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO & SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0173304
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/InvolvedAmt041167
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1143305
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FORGING INDUSTRY EDUCATIONAL AND RESEARCH FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FORGING INDUSTRY EDUCATIONAL AND RESEARCH FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03877800
IRS990/TotalAssetsEOYAmt03992502
IRS990/TotalAssetsGrp/BOYAmt03877800
IRS990/TotalAssetsGrp/EOYAmt03992502
IRS990/TotalCompGreaterThan150KInd01

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,992,502
Liabilities
$143,891
Net assets
$3,848,611
Revenue
$2,092,295
Expenses
$2,090,185
Net income
$2,110
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
2018Detailed filing. Detailed filing data is available for this year.$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