Civic Intelligence

Forging Industry Association

990 • Fiscal year 2019 • EIN 34-0821275

Jun 01, 2018 to May 31, 2019 • Filed on Jan 21, 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

28th percentile

0.04x

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

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

30th percentile

0.06x

Higher debt load relative to revenue than 30% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

89th percentile

23%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

87th percentile

$287,247

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

84th percentile

22%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

77%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$4,865,011

Up $872,509 (+22%) from 2018

Net Assets

Up

$4,646,519

Up $797,908 (+21%) from 2018

Liabilities

Up

$218,492

Up $74,601 (+52%) from 2018

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin89th percentile

Revenue

Up

$3,697,115

Up $1,604,820 (+77%) from 2018

Expenses

Up

$2,852,905

Up $762,720 (+36%) from 2018

Net Income

Up

$844,210

Up $842,100 (+39910%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth84th 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

2019

Assets$4,865,011
Liabilities$218,492
Net Assets$4,646,519
Open 2019 Filing

Operations Trend

Revenue Growth97th 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

2019

Revenue$3,697,115
Expenses$2,852,905
Net Income$844,210
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Jan 21, 2020
Return Version
2018v3.1
Gross Receipts
$4,659,486
Mission and Program Overview

Mission

Improve members' global competetiveness.

Improve member's global competitiveness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,939,815$2,976,447▲ $36,632
Savings and Temporary Cash Investments$728,719$1,468,643▲ $739,924
Cash and Non-Interest-Bearing Accounts$179,477$261,336▲ $81,859
Accounts Receivable$69,318$66,358▼ $2,960
Prepaid Expenses and Deferred Charges$39,806$62,871▲ $23,065
Land, Buildings, and Equipment, Net$35,367$29,356▼ $6,011
Total Assets$3,992,502$4,865,011▲ $872,509
Liabilities
Accounts Payable and Accrued Expenses$70,011$181,114▲ $111,103
Deferred Revenue$73,880$37,378▼ $36,502
Total Liabilities$143,891$218,492▲ $74,601
Net Assets / Fund Balance
Unrestricted Net Assets$3,848,611$4,646,519▲ $797,908
Total Net Assets Fund Balance$3,848,611$4,646,519▲ $797,908
Total Liabilities and Net Assets / Fund Balance$3,992,502$4,865,011▲ $872,509

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,356$120,218$149,574
Leasehold Improvements$0$10,111$10,111
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James R WarrenPresident & CEOFT$254,289$32,958$287,247
Joseph R BoniCFO & SecretaryFT$163,408$5,845$169,253

Board Members and Trustees

NameTitle
Willard T Walker JrChairman
Alex JenningsVice Chairman
David MesickBoard Member
Gerald BornmanBoard Member
James ThielensBoard Member
Jeff KlingermanBoard Member
John PaleBoard Member
Joseph CiprianiBoard Member
Kurt RuppenthalBoard Member
Mike GillBoard Member
Scott BoydBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,249,779
Program Service Revenue
$2,286,709
Investment Income
$113,757
Other Revenue
$46,870
Change in Net Assets
$844,210

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,680,879
Revenue Not Reported on Financial Statements
$16,236
Revenue Not Reported on Form 990
$-46,302
Other Revenue Adjustments
$16,236
Total Revenue per Audited Statements
$3,634,577
Total Revenue per Form 990
$3,697,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,841,089
Salaries, Compensation, and Employee Benefits$1,011,816
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,049,436
Current Officers, Directors, Trustees, and Key Employees---$417,697
Other Salaries and Wages---$412,229
All Other Expenses---$128,610
Fees for Services Other---$96,075
Other Employee Benefits---$91,697
Occupancy---$83,308
Other Expenses---$61,259
Payroll Taxes---$56,366
Pension Plan Contributions---$33,827
Travel---$22,165
Office Expenses---$20,251
Fees for Services Legal---$19,598
Depreciation Depletion---$18,871
Fees for Services Accounting---$18,500
Insurance---$17,199
Fees for Services Lobbying---$12,578
Total Functional Expenses$0$0$0$2,852,905

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,852,905
Expenses per Audited Statements$2,836,669
Total Expenses per Audited Statements$2,836,669
Expenses Not Reported on Financial Statements$16,236
Other Expense Adjustments$16,236
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$29,834
Total Nondeductible Lobbying and Political Cost$29,834
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
2020-01-21
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
8
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.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Refund of proxy tax 16,236.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Refund of proxy tax 16,236.”

Raw XML AppendixShowing 400 of 503 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/OtherRevenueMiscGrp/Desc0ADVERTISING INCOME
IRS990/OtherRevenueMiscGrp/Desc1REFUND FOR TAX PAID
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016236
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16104
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt024530
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt116236
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt26104
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt024530
IRS990/OtherRevenueTotalAmt046870
IRS990/OtherSalariesAndWagesGrp/TotalAmt0412229
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt056366
IRS990/PensionPlanContributionsGrp/TotalAmt033827
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039806
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt062871
IRS990/PrincipalOfficerNm0JAMES R WARREN
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/RelatedOrExemptFuncIncomeAmt02028743
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1254070
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23896
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02028743
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1254070
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23896
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/PYContributionsGrantsAmt01281815
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0172206
IRS990/PYOtherExpensesAmt01398323
IRS990/PYOtherRevenueAmt04568
IRS990/PYProgramServiceRevenueAmt0633706
IRS990/PYRevenuesLessExpensesAmt02110
IRS990/PYSalariesCompEmpBnftPaidAmt0691862
IRS990/PYTotalExpensesAmt02090185
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02092295
IRS990/ReconcilationRevenueExpnssAmt0844210
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0728719
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01468643
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt01249779
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt029834
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt029834
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt029834
IRS990ScheduleD/EquipmentGrp/BookValueAmt029356
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120218
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0149574
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt016236
IRS990ScheduleD/ExpensesSubtotalAmt02836669
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010111
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010111
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-46302
IRS990ScheduleD/OtherExpensesNotIncludedAmt016236
IRS990ScheduleD/OtherRevenuesNotIncludedAmt016236
IRS990ScheduleD/RevenueNotReportedAmt0-46302
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt016236
IRS990ScheduleD/RevenueSubtotalAmt03680879
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/ExplanationTxt1REFUND OF PROXY TAX 16,236.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REFUND OF PROXY TAX 16,236.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029356
IRS990ScheduleD/TotalExpensesPerForm990Amt02852905
IRS990ScheduleD/TotalRevenuePerForm990Amt03697115
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03634577
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02836669
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0163408
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1254289
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/DeferredCompensationFlngOrgAmt04055
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt17210
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01790
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt125748
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/TotalCompensationFilingOrgAmt0169253
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1287247
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,865,011
Liabilities
$218,492
Net assets
$4,646,519
Revenue
$3,697,115
Expenses
$2,852,905
Net income
$844,210
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
2019Detailed filing. Detailed filing data is available for this year.$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