Civic Intelligence

Forging Industry Association

990 • Fiscal year 2020 • EIN 34-0821275

Jun 01, 2019 to May 31, 2020 • Filed on Dec 10, 2020

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

24th percentile

0.02x

Higher debt load relative to assets than 24% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.05x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

10th percentile

-17%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

84th percentile

$268,625

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

19th percentile

-5.7%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-52%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$4,586,645

Down $278,366 (-5.7%) from 2019

Net Assets

Down

$4,489,047

Down $157,472 (-3.4%) from 2019

Liabilities

Down

$97,598

Down $120,894 (-55%) from 2019

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin10th percentile

Revenue

Down

$1,790,723

Down $1,906,392 (-52%) from 2019

Expenses

Down

$2,100,447

Down $752,458 (-26%) from 2019

Net Income

Down

-$309,724

Down $1,153,934 (-137%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth19th 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

2020

Assets$4,586,645
Liabilities$97,598
Net Assets$4,489,047
Open 2020 Filing

Operations Trend

Revenue Growth6th 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

2020

Revenue$1,790,723
Expenses$2,100,447
Net Income-$309,724
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Dec 10, 2020
Return Version
2019v5.1
Gross Receipts
$2,299,138
Mission and Program Overview

Mission

Improve members' global competetiveness.

Improve member's global competitiveness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,976,447$3,149,908▲ $173,461
Savings and Temporary Cash Investments$1,468,643$1,028,939▼ $439,704
Cash and Non-Interest-Bearing Accounts$261,336$177,465▼ $83,871
Prepaid Expenses and Deferred Charges$62,871$112,446▲ $49,575
Accounts Receivable$66,358$101,660▲ $35,302
Land, Buildings, and Equipment, Net$29,356$16,227▼ $13,129
Total Assets$4,865,011$4,586,645▼ $278,366
Liabilities
Accounts Payable and Accrued Expenses$181,114$71,158▼ $109,956
Deferred Revenue$37,378$26,440▼ $10,938
Total Liabilities$218,492$97,598▼ $120,894
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,646,519$4,489,047▼ $157,472
Total Net Assets Fund Balance$4,646,519$4,489,047▼ $157,472
Total Liabilities and Net Assets / Fund Balance$4,865,011$4,586,645▼ $278,366

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,227$114,058$130,285
Leasehold Improvements$0$10,111$10,111
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James R WarrenPresident & CEOFT$230,775$37,850$268,625
Joseph R BoniCFO & SecretaryFT$155,051$35,954$191,005

Board Members and Trustees

NameTitle
Alex JenningsChairman
Chelsea LanttoBoard Member
David MesickBoard Member
Douglas G McintyreBoard Member
Gerald BornmanBoard Member
Greg TimmonsBoard Member
Jeff KlingermanBoard Member
John PaleBoard Member
Joseph CiprianiBoard Member
Mike GillBoard Member
Robert DimitrieffBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,268,387
Program Service Revenue
$412,043
Investment Income
$47,805
Other Revenue
$62,488
Change in Net Assets
$-309,724

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,790,723
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$152,252
Total Revenue per Audited Statements
$1,942,975
Total Revenue per Form 990
$1,790,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,163,170
Salaries, Compensation, and Employee Benefits$937,277
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$376,188
Current Officers, Directors, Trustees, and Key Employees---$370,811
Conferences and Meetings---$310,617
All Other Expenses---$171,412
Other Employee Benefits---$105,533
Fees for Services Other---$83,658
Other Expenses---$79,998
Occupancy---$76,491
Payroll Taxes---$50,167
Pension Plan Contributions---$34,578
Office Expenses---$32,645
Fees for Services Accounting---$19,300
Depreciation Depletion---$19,070
Insurance---$17,616
Fees for Services Lobbying---$16,816
Fees for Services Legal---$15,044
Travel---$10,288
Total Functional Expenses$0$0$0$2,100,447

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,100,447
Total Expenses per Audited Statements$2,100,447
Total Expenses per Form 990$2,100,447
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$38,230
Total Nondeductible Lobbying and Political Cost$38,230
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 35% controlled entity
No
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
2020-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James R Warren
Formed
1959
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
12
Volunteers
11

Preparer

Firm
Rea & Associates Inc
Address
6300 ROCKSIDE RD SUITE 100, CLEVELAND, OH 44131
Preparer
Judith a Mondry 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 493 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0181114
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt071158
IRS990/AccountsReceivableGrp/BOYAmt066358
IRS990/AccountsReceivableGrp/EOYAmt0101660
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0IMPROVE MEMBER'S GLOBAL COMPETITIVENESS.
IRS990/AllOtherExpensesGrp/TotalAmt0171412
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSEPH R BONI
IRS990/BooksInCareOfDetail/PhoneNum02167816260
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01111 SUPERIOR AVENUE SUITE 615
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLEVELAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044114
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0261336
IRS990/CashNonInterestBearingGrp/EOYAmt0177465
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0370811
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt0310617
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01268387
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt047805
IRS990/CYOtherExpensesAmt01163170
IRS990/CYOtherRevenueAmt062488
IRS990/CYProgramServiceRevenueAmt0412043
IRS990/CYRevenuesLessExpensesAmt0-309724
IRS990/CYSalariesCompEmpBnftPaidAmt0937277
IRS990/CYTotalExpensesAmt02100447
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01790723
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt037378
IRS990/DeferredRevenueGrp/EOYAmt026440
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt019070
IRS990/Desc0PUBLISHED AND DISTRIBUTED VARIOUS FORGING RELATED MATERIALS SUCH AS FORGING CAPABILITY GUIDE, AND ALL RELATED MATERIAL EXPLAINING THE FORGING PROCESS & USES TO DESIGN ENGINEERS, CUSTOMERS & ACADEMICS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt019300
IRS990/FeesForServicesLegalGrp/TotalAmt015044
IRS990/FeesForServicesLobbyingGrp/TotalAmt016816
IRS990/FeesForServicesOtherGrp/TotalAmt083658
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1138.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1135954
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1237850
IRS990/Form990PartVIISectionAGrp/PersonNm0GERALD BORNMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT DIMITRIEFF
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF KLINGERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE GILL
IRS990/Form990PartVIISectionAGrp/PersonNm4CHELSEA LANTTO
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSEPH CIPRIANI
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID MESICK
IRS990/Form990PartVIISectionAGrp/PersonNm7DOUGLAS G MCINTYRE
IRS990/Form990PartVIISectionAGrp/PersonNm8GREG TIMMONS
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN PALE
IRS990/Form990PartVIISectionAGrp/PersonNm10ALEX JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSEPH R BONI
IRS990/Form990PartVIISectionAGrp/PersonNm12JAMES R WARREN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11155051
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12230775
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01959
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-49418
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0458997
IRS990/GrossReceiptsAmt02299138
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt017616
IRS990/InvestmentIncomeGrp/ExclusionAmt097223
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt097223
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02976447
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03149908
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0124169
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029356
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016227
IRS990/LandBldgEquipCostOrOtherBssAmt0140396
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0508415
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt01268387
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0IMPROVE MEMBER'S GLOBAL COMPETITIVENESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04646519
IRS990/NetAssetsOrFundBalancesEOYAmt04489047
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-49418
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-49418
IRS990/NetUnrelatedBusTxblIncmAmt026546
IRS990/NetUnrlzdGainsLossesInvstAmt0152252
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04646519
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04489047
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt076491
IRS990/OfficeExpensesGrp/TotalAmt032645
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0105533
IRS990/OtherExpensesGrp/Desc0PROXY TAX
IRS990/OtherExpensesGrp/Desc1FIERF
IRS990/OtherExpensesGrp/Desc2GOVERNMENT AFFAIRS SVCS
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP SERVICES
IRS990/OtherExpensesGrp/TotalAmt011229
IRS990/OtherExpensesGrp/TotalAmt1178927
IRS990/OtherExpensesGrp/TotalAmt2120059
IRS990/OtherExpensesGrp/TotalAmt379998
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1541900
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03368
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt059120
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13368
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt059120
IRS990/OtherRevenueTotalAmt062488
IRS990/OtherSalariesAndWagesGrp/TotalAmt0376188
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt050167
IRS990/PensionPlanContributionsGrp/TotalAmt034578
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062871
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0112446
IRS990/PrincipalOfficerNm0JAMES R WARREN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & EDUCATIONAL
IRS990/ProgramServiceRevenueGrp/Desc1MEETING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2SALE OF PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0247609
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1162044
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22390
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0247609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1162044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22390
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/PYContributionsGrantsAmt01249779
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0113757
IRS990/PYOtherExpensesAmt01841089
IRS990/PYOtherRevenueAmt046870
IRS990/PYProgramServiceRevenueAmt02286709
IRS990/PYRevenuesLessExpensesAmt0844210
IRS990/PYSalariesCompEmpBnftPaidAmt01011816
IRS990/PYTotalExpensesAmt02852905
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03697115
IRS990/ReconcilationRevenueExpnssAmt0-309724
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01468643
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01028939
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt01268387
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt038230
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt038230
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt038230
IRS990ScheduleD/EquipmentGrp/BookValueAmt016227
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0114058
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0130285
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02100447
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010111
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010111
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0152252
IRS990ScheduleD/RevenueNotReportedAmt0152252
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01790723
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/TotalBookValueLandBuildingsAmt016227
IRS990ScheduleD/TotalExpensesPerForm990Amt02100447
IRS990ScheduleD/TotalRevenuePerForm990Amt01790723
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01942975
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02100447
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155051
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1230775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt112710
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027605
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt125140
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSEPH R BONI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAMES R WARREN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO & SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0191005
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1268625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,586,645
Liabilities
$97,598
Net assets
$4,489,047
Revenue
$1,790,723
Expenses
$2,100,447
Net income
-$309,724
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
2020Detailed filing. Detailed filing data is available for this year.$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