Civic Intelligence

Forging Industry Association

990 • Fiscal year 2022 • EIN 34-0821275

Jun 01, 2021 to May 31, 2022 • Filed on Apr 12, 2023

Organization ProfileWWW.FORGING.ORG

View Organization Page

6363 Oak Tree BoulevardIndependence, OH 44131

(216) 781-6260

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.12x

Higher debt load relative to assets than 33% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

28th percentile

0.15x

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

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Net Margin

89th percentile

28%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

63rd percentile

$324,068

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Asset Growth

23rd percentile

-8.4%

Faster asset growth than 23% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

171%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$5,925,128

Down $542,053 (-8.4%) from 2021

Net Assets

Up

$5,236,602

Up $196,149 (+3.9%) from 2021

Liabilities

Down

$688,526

Down $738,202 (-52%) from 2021

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin89th percentile

Revenue

Up

$4,525,917

Up $2,855,998 (+171%) from 2021

Expenses

Up

$3,245,633

Up $1,519,444 (+88%) from 2021

Net Income

Up

$1,280,284

Up $1,336,554 (+2375%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth23rd 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

2022

Assets$5,925,128
Liabilities$688,526
Net Assets$5,236,602
Open 2022 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

2022

Revenue$4,525,917
Expenses$3,245,633
Net Income$1,280,284
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Apr 12, 2023
Return Version
2021v4.2
Gross Receipts
$5,375,260
Mission and Program Overview

Mission

Improve members' global competetiveness.

Improve member's global competitiveness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,889,540$4,229,410▲ $339,870
Savings and Temporary Cash Investments$1,650,286$1,101,169▼ $549,117
Accounts Receivable$598,728$264,213▼ $334,515
Prepaid Expenses and Deferred Charges$215,199$185,684▼ $29,515
Cash and Non-Interest-Bearing Accounts$92,712$120,098▲ $27,386
Land, Buildings, and Equipment, Net$20,716$24,554▲ $3,838
Total Assets$6,467,181$5,925,128▼ $542,053
Liabilities
Deferred Revenue$1,123,330$486,235▼ $637,095
Accounts Payable and Accrued Expenses$101,606$202,291▲ $100,685
Unsecured Notes Loans Payable$201,792--
Total Liabilities$1,426,728$688,526▼ $738,202
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,040,453$5,236,602▲ $196,149
Total Net Assets Fund Balance$5,040,453$5,236,602▲ $196,149
Total Liabilities and Net Assets / Fund Balance$6,467,181$5,925,128▼ $542,053

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,554$137,167$161,721
Leasehold Improvements$0$10,111$10,111
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James R WarrenPresident/CEOFT$278,660$45,408$324,068
Angela GibianDirector, Marketing & EventsFT$109,848$20,456$130,304
Andrew ZielinskiCFOPT$91,626$14,489$106,115

Board Members and Trustees

NameTitle
Douglas G McintyreChairman
Dan UlvenVice Chairman
James RomeoBoard Member
Jim KravecBoard Member
John CowardBoard Member
Marcelo T GarzaBoard Member
Mark CandyBoard Member
Perry BennetBoard Member
Peter CampbellBoard Member
Robert DimitrieffBoard Member
Chelsea LanttoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,436,171
Program Service Revenue
$2,343,400
Investment Income
$640,110
Other Revenue
$106,236
Change in Net Assets
$1,280,284

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,525,917
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,084,135
Total Revenue per Audited Statements
$3,441,782
Total Revenue per Form 990
$4,525,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,303,056
Salaries, Compensation, and Employee Benefits$942,577
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,419,196
Other Salaries and Wages---$752,356
All Other Expenses---$188,396
Other Employee Benefits---$102,316
Fees for Services Other---$97,132
Occupancy---$89,592
Other Expenses---$82,500
Payroll Taxes---$52,568
Office Expenses---$48,447
Pension Plan Contributions---$35,337
Fees for Services Accounting---$27,800
Insurance---$18,250
Depreciation Depletion---$8,461
Travel---$8,023
Fees for Services Legal---$3,770
Fees for Services Lobbying---$2,081
Total Functional Expenses$0$0$0$3,245,633

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,245,633
Total Expenses per Audited Statements$3,245,633
Total Expenses per Form 990$3,245,633
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$18,581
Total Nondeductible Lobbying and Political Cost$18,581
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
6363 OAK TREE BOULEVARD, INDEPENDENCE, OH 44131

Signing Officer

Name
James R Warren
Title
President
Phone
2167816260
Signed
2023-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James R Warren
Formed
1959
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
9
Volunteers
12

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.”

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0102316
IRS990/OtherExpensesGrp/Desc0PROXY TAX
IRS990/OtherExpensesGrp/Desc1FIERF
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP SERVICES
IRS990/OtherExpensesGrp/Desc3GOVERNMENT AFFAIRS SVCS
IRS990/OtherExpensesGrp/TotalAmt018015
IRS990/OtherExpensesGrp/TotalAmt1155733
IRS990/OtherExpensesGrp/TotalAmt2135660
IRS990/OtherExpensesGrp/TotalAmt382500
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1541900
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015233
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt091003
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt115233
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt091003
IRS990/OtherRevenueTotalAmt0106236
IRS990/OtherSalariesAndWagesGrp/TotalAmt0752356
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt052568
IRS990/PensionPlanContributionsGrp/TotalAmt035337
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0215199
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0185684
IRS990/PrincipalOfficerNm0JAMES R WARREN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/BusinessCd4541900
IRS990/ProgramServiceRevenueGrp/Desc0MEETING INCOME
IRS990/ProgramServiceRevenueGrp/Desc1GRANT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2TUITION & EDUCATIONAL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc3ERC
IRS990/ProgramServiceRevenueGrp/Desc4SALE OF PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01946304
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1193452
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2167535
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt335000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41109
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01946304
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1193452
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2167535
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt335000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41109
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/PYContributionsGrantsAmt01212061
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0151624
IRS990/PYOtherExpensesAmt0868134
IRS990/PYOtherRevenueAmt0128348
IRS990/PYProgramServiceRevenueAmt0177886
IRS990/PYRevenuesLessExpensesAmt0-56270
IRS990/PYSalariesCompEmpBnftPaidAmt0858055
IRS990/PYTotalExpensesAmt01726189
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01669919
IRS990/ReconcilationRevenueExpnssAmt01280284
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01650286
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01101169
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt01234379
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt018581
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt018581
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt018581
IRS990ScheduleD/EquipmentGrp/BookValueAmt024554
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0137167
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0161721
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03245633
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010111
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010111
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1084135
IRS990ScheduleD/RevenueNotReportedAmt0-1084135
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04525917
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/TotalBookValueLandBuildingsAmt024554
IRS990ScheduleD/TotalExpensesPerForm990Amt03245633
IRS990ScheduleD/TotalRevenuePerForm990Amt04525917
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03441782
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03245633
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0278660
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt014325
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt031083
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAMES R WARREN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0324068
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/AddressLine1Txt06363 OAK TREE BOULEVARD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0INDEPENDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044131
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,925,128
Liabilities
$688,526
Net assets
$5,236,602
Revenue
$4,525,917
Expenses
$3,245,633
Net income
$1,280,284
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$5.93$0.69$5.24$4.53$3.25$1.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.47$1.43$5.04$1.67$1.73$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.59$0.10$4.49$1.79$2.10$0.31
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.87$0.22$4.65$3.70$2.85$0.84
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$0.14$3.85$2.09$2.09$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.88$0.07$3.81$3.39$2.53$0.86
2014Detailed filing. Detailed filing data is available for this year.$3.00$0.50$2.50$2.18$2.47$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.32$2.70$2.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.59$2.34$2.98