Civic Intelligence

Precision Metalforming Association

EIN 34-1332388 • 501(c)3 • Independence, OH

Profile

To enhance the supply of skilled workers by supporting training and education programs and by improving the public image and awareness of careers in metalforming.

6363 Oak Tree BlvdIndependence, OH 44131

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

92nd percentile

$243,417

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 111.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

29th percentile

-3.1%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

68th percentile

21%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$2,331,294

Up $25,872 (+1.1%) from 2023

Liabilities

Down

$7,813

Down $30,331 (-80%) from 2023

Net Assets

Up

$2,323,481

Up $56,203 (+2.5%) from 2023

Operations
Liabilities / Revenue40th percentileNet Margin16th percentile

Revenue

Up

$218,743

Up $54,034 (+33%) from 2023

Expenses

Down

$256,814

Down $86,159 (-25%) from 2023

Net Income

Up

-$38,071

Up $140,193 (+79%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $3,141,977Liabilities 2015: $111,791Net Assets 2015: $3,030,1862015Assets 2016: $3,166,794Liabilities 2016: $102,481Net Assets 2016: $3,064,3132016Assets 2017: $3,174,452Liabilities 2017: $136,748Net Assets 2017: $3,037,7042017Assets 2018: $2,744,149Liabilities 2018: $177,782Net Assets 2018: $2,566,3672018Assets 2019: $2,665,760Liabilities 2019: $258,403Net Assets 2019: $2,407,3572019Assets 2020: $2,182,997Liabilities 2020: $159,073Net Assets 2020: $2,023,9242020Assets 2021: $2,666,321Liabilities 2021: $106,343Net Assets 2021: $2,559,9782021Assets 2022: $2,730,586Liabilities 2022: $104,867Net Assets 2022: $2,625,7192022Assets 2023: $2,305,422Liabilities 2023: $38,144Net Assets 2023: $2,267,2782023Assets 2025: $2,331,294Liabilities 2025: $7,813Net Assets 2025: $2,323,4812025

Highlighted filing

2025

Assets$2,331,294
Liabilities$7,813
Net Assets$2,323,481
Open 2025 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $211,532Expenses 2015: $150,301Net Income 2015: $61,2312015Revenue 2016: $256,803Expenses 2016: $188,459Net Income 2016: $68,3442016Revenue 2017: $313,293Expenses 2017: $409,647Net Income 2017: -$96,3542017Revenue 2018: $689,511Expenses 2018: $951,966Net Income 2018: -$262,4552018Revenue 2019: $612,441Expenses 2019: $820,915Net Income 2019: -$208,4742019Revenue 2020: $163,672Expenses 2020: $239,355Net Income 2020: -$75,6832020Revenue 2021: $75,756Expenses 2021: $126,176Net Income 2021: -$50,4202021Revenue 2022: $263,868Expenses 2022: $173,379Net Income 2022: $90,4892022Revenue 2023: $164,709Expenses 2023: $342,973Net Income 2023: -$178,2642023Revenue 2025: $218,743Expenses 2025: $256,814Net Income 2025: -$38,0712025

Highlighted filing

2025

Revenue$218,743
Expenses$256,814
Net Income-$38,071
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,331,294
Liabilities
$7,813
Net assets
$2,323,481
Revenue
$218,743
Expenses
$256,814
Net income
-$38,071
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.01$2.32$0.22$0.26$0.04
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.04$2.27$0.16$0.34$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.73$0.10$2.63$0.26$0.17$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.11$2.56$0.08$0.13$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.16$2.02$0.16$0.24$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.26$2.41$0.61$0.82$0.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.18$2.57$0.69$0.95$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.14$3.04$0.31$0.41$0.10
2016Detailed filing. Detailed filing data is available for this year.$3.17$0.10$3.06$0.26$0.19$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.14$0.11$3.03$0.21$0.15$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 10, 2026
Return Version
2024v5.5
Gross Receipts
$933,848
Mission and Program Overview

Mission

To enhance the supply of skilled workers by supporting training and education programs and by improving the public image and awareness of careers in metalforming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,226,893$2,148,217▼ $78,676
Cash and Non-Interest-Bearing Accounts$141,137$146,067▲ $4,930
Pledges and Grants Receivable$33,950$32,010▼ $1,940
Investments Other Securities$5,000$5,000→ $0
Total Assets$2,406,980$2,331,294▼ $75,686
Liabilities
Accounts Payable and Accrued Expenses$7,166$7,813▲ $647
Total Liabilities$7,166$7,813▲ $647
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,686,187$1,528,714▼ $157,473
Net Assets With Donor Restrictions$713,627$794,767▲ $81,140
Total Net Assets Fund Balance$2,399,814$2,323,481▼ $76,333
Total Liabilities and Net Assets / Fund Balance$2,406,980$2,331,294▼ $75,686

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,226,893-▲ $95,258$173,934$2,148,217
2023$2,081,713-▲ $252,564$107,384$2,226,893
2022$2,446,596-▼ $87,168$277,715$2,081,713
2021$2,289,513-▲ $157,083-$2,446,596
2020$1,758,958-▲ $615,439$84,884$2,289,513
Compensation and Service Providers
Top Officer Pay92nd percentile

Board Members and Trustees

NameTitle
Mark GetsayExecutive Director
Greg SmithTrustee
Jeff AznavorianTrustee
Jeff FredlineTrustee
Jeffrey ClarkTrustee
Jody FleddermanTrustee
John ZawackiTrustee
Jonathan JankowskiTrustee
Kara WilliamsTrustee
Ken KolmanTrustee
Kimberly ClarkeTrustee
Mark NetzelTrustee
Rich WagyTrustee
Suzanne MorrisonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$71,415
Program Service Revenue
$0
Investment Income
$147,328
Other Revenue
$0
All Other Contributions
$71,415
Change in Net Assets
$-38,071

Audited Revenue Reconciliation

Revenue per Audited Statements
$204,935
Revenue Not Reported on Financial Statements
$13,808
Revenue Not Reported on Form 990
$-38,262
Total Revenue per Audited Statements
$166,673
Total Revenue per Form 990
$218,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$182,434
Other Expenses$39,444
Salaries, Compensation, and Employee Benefits$34,936
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$93,500--$93,500
Grants to Domestic Orgs$88,934--$88,934
Current Officers, Directors, Trustees, and Key Employees$27,169$3,510-$30,679
Fees for Service Investment Mgmnt Fees$12,228$1,580-$13,808
Fees for Services Legal$8,346$1,078-$9,424
Fees for Services Accounting$7,705$995-$8,700
Information Technology$3,100$400-$3,500
Fees for Services Other$2,656$344-$3,000
Other Employee Benefits$1,910$247-$2,157
Payroll Taxes$1,860$240-$2,100
Other Expenses-$981-$981
Office Expenses$27$4-$31
Total Functional Expenses$247,435$9,379$0$256,814

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$256,814
Expenses per Audited Statements$243,006
Total Expenses per Audited Statements$243,006
Expenses Not Reported on Financial Statements$13,808
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Precision Metalforming AssociationIndependence, OH501(c)(6)Mgmt.dev.trng.$73,934
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
Lobbying activity
No
Subject to proxy tax
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Members of the organization - the organization has 2 classes of members: the sustaining member and the supporting members. The sustaining member is precision metalforming association, a section 501(c)(6) trade association. The supporting members are made up of the following categories: founding members, the institutional partnership member, the industry partner member, the educational partner member, and the friend of the foundation member. Currently, the only active supporting members are the founding members.”

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

“Powers of the members - the sustaining member (precision metalforming association) appoints the sustaining trustees. The supporting members elect the supporting trustees, with each supporting member entitled to one vote.”

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

“Form 990 review - the foundation's board of directors has authorized the audit committee to review form 990 prior to filing.”

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

“Monitoring and enforcement of conflict policy - the foundation is a supporting organization of precision metalforming association and, as such, maintains a close relationship with the association. The association's operating system requires use of purchasing procedures with approvals of all purchases by the appropriate individuals which are subject to internal audit and review by independent persons.”

Form 990, Part VI, Section C, Line 19

“Availability of documents - the foundation makes its governing documents, financial statements and conflict policy available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Precision Metalforming Association
EIN
34-1332388
Phone
2169018800
Address
6363 OAK TREE BLVD, INDEPENDENCE, OH 44131

Signing Officer

Name
Mark Getsay
Title
CFO
Phone
2169018800
Signed
2026-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Getsay
Formed
1980
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
25

Preparer

Firm
Maloney Novotny LLC
Address
1111 SUPERIOR AVE SUITE 700, CLEVELAND, OH 44114-2540
Preparer
Christopher B Anderson
Phone
2163630100
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Use of endowment funds - fund are used to support the foundation's education purposes and programs.”

PART X, LINE 2:

“Fin 48(asc 740) footnote - tax status: the foundation is a not-for-profit organization that is tax exempt under section 501(c)(3) of the internal revenue code. It has been recognized as a non-private foundation under section 509(a)(3) of the code because of its relationship with precision metalforming association. The foundation believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. As of march 31, 2025, the foundation's income tax years from march 31, 2022 and thereafter remain subject to examination by the internal revenue service, as well as various state and local taxing authorities.”

Raw XML AppendixShowing 400 of 554 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
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IRS990/ActivityOrMissionDesc0TO ENHANCE THE SUPPLY OF SKILLED WORKERS BY SUPPORTING TRAINING AND EDUCATION PROGRAMS AND BY IMPROVING THE PUBLIC IMAGE AND AWARENESS OF CAREERS IN METALFORMING.
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IRS990/Desc0THE FOUNDATION ASSISTS WITH THE TRAINING AND EDUCATIONAL NEEDS OF THE METALFORMING INDUSTRY THROUGH ALLIANCES, PARTNERSHIPS, AND INFORMATION EXCHANGE. IT ENCOURAGES AND FUNDS EDUCATIONAL PROGRAMS AND PUBLIC AWARENESS OF CAREERS THAT HELP THE INDUSTRY IN MEETING ITS WORKFORCE DEVELOPMENT NEEDS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/FSAuditedInd01
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IRS990/GainOrLossGrp/SecuritiesAmt087060
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0182434
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt093500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt093500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt088934
IRS990/GrantsToDomesticOrgsGrp/TotalAmt088934
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0802165
IRS990/GrossReceiptsAmt0933848
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0400
IRS990/InformationTechnologyGrp/ProgramServicesAmt03100
IRS990/InformationTechnologyGrp/TotalAmt03500
IRS990/InvestmentIncomeGrp/ExclusionAmt060268
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt060268
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02226893
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02148217
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0715105
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE THE SUPPLY OF SKILLED WORKERS BY SUPPORTING TRAINING AND EDUCATION PROGRAMS AND BY IMPROVING THE PUBLIC IMAGE AND AWARENESS OF CAREERS IN METALFORMING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02399814
IRS990/NetAssetsOrFundBalancesEOYAmt02323481
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt087060
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt087060
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-38262
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01686187
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01528714
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04
IRS990/OfficeExpensesGrp/ProgramServicesAmt027
IRS990/OfficeExpensesGrp/TotalAmt031
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0247
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01910
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02157
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0981
IRS990/OtherExpensesGrp/TotalAmt0981
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0240
IRS990/PayrollTaxesGrp/ProgramServicesAmt01860
IRS990/PayrollTaxesGrp/TotalAmt02100
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt033950
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt032010
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK GETSAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt041849
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt063054
IRS990/PYInvestmentIncomeAmt0138547
IRS990/PYOtherExpensesAmt079013
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IRS990/PYSalariesCompEmpBnftPaidAmt033126
IRS990/PYTotalExpensesAmt0175193
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IRS990/PYTotalRevenueAmt0180396
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-38071
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION SUPPORTS PRECISION METALFORMING ASSOCIATION ("PMA") WHICH IS A SECTION 501(C)(6) ORGANIZATION. ALTHOUGH THE QUESTIONS IN PART IV, LINE 3 ALLOW FOR A SUPPORTING ORGANIZATION RELATIONSHIP TO EXIST BETWEEN A SECTION 501(C)(3) ENTITY AND A SECTION 501(C)(6) ENTITY, PART I, LINE 11G (III) DOES NOT ALLOW US TO INDICATE THAT THE SUPPORTED ORGANIZATION IS A SECTION 501(C)(6) ORGANIZATION. AS SUCH, WE HAVE USED CODE "10" FOR QUESTION 11G (III) SINCE PMA MEETS THE REQUIREMENTS OF SECTION 509(A)(2), AS SPECIFIED BELOW.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION SUPPORTS THE EDUCATIONAL PURPOSES OF PRECISION METALFORMING ASSOCIATION ("PMA"), WHICH IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(6). AS A SECTION 501(C)(6) ORGANIZATION, PMA CANNOT OBTAIN A DETERMINATION REGARDING ITS STATUS AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTIONS 509(A)(1) OR 509(A)(2). HOWEVER, AS DESCRIBED IN OUR NARRATIVE BELOW FOR PART IV, LINE 3B, PMA ANNUALLY PERFORMS THE PUBLIC SUPPORT TEST OF SECTION 509(A)(2) TO ENSURE THAT IT CONTINUES TO MEET THE REQUIREMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2WITH THE ASSISTANCE OF THE OUTSIDE PUBLIC ACCOUNTING FIRM, PRECISION METALFORMING ASSOCIATION ("PMA") PERFORMS THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2) TO ENSURE THAT IT CONTINUES TO PASS THE 2 TESTS OF THAT CODE SECTION. PMA PERFORMS THE SECTION 509(A)(2) PUBLIC SUPPORT TEST ANNUALLY. PMA HAS A DETERMINATION LETTER FROM THE IRS SHOWING THAT IT IS TAX-EXEMPT UNDER CODE SECTION 501(C)(6). FURTHER, PMA ANNUALLY CHECKS THE IRS' TAX EXEMPT ORGANIZATIONS SEARCH TOOL TO ENSURE THAT ITS TAX-EXEMPT STATUS HAS NOT BEEN AUTOMATICALLY REVOKED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3PRECISION METALFORMING ASSOCIATION ("PMA") AND THE FOUNDATION SHARE EMPLOYEES AND ACCOUNTING SOFTWARE. FOR SUPPORT THAT PMA RECEIVES DIRECTLY FROM THE FOUNDATION, PERSONNEL ENSURE THAT THESE FUNDS ARE SPENT EXCLUSIVELY FOR EDUCATIONAL PURPOSES IN ACCORDANCE WITH CODE SECTION 170(C)(2)(B). THE FOUNDATION ALSO MAKES GRANTS TO UNRELATED ORGANIZATIONS FOR EDUCATIONAL PROGRAMS AND REQUIRES GRANTEES TO SUBMIT PERIODIC REPORTS WHICH DESCRIBE HOW THE FUNDS WERE SPENT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4THE FOUNDATION HAS A SIGNIFICANT VOICE IN THE AFFAIRS OF PRECISION METALFORMING ASSOCIATION ("PMA"), THE SUPPORTED ORGANIZATION, BECAUSE PMA HAS THE POWER TO APPOINT 6 OF THE 14 BOARD MEMBERS OF THE FOUNDATION. ADDITIONALLY, THE FOUNDATION PROVIDES IMPORTANT FUNDING FOR EDUCATIONAL PROGRAMS THAT BENEFIT THE PRECISION METALFORMING INDUSTRY. WITHOUT THE SUPPORT OF THE FOUNDATION, PMA WOULD HAVE TO RAISE MONEY TO CONDUCT THESE PROGRAMS ON ITS OWN.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt5AS NOTED ABOVE, THE FOUNDATION PROVIDED FUNDING FOR EDUCATIONAL PROGRAMS FOR THE METALFORMING INDUSTRY, AND WITHOUT SUCH SUPPORT, PRECISION METALFORMING ASSOCIATION ("PMA"), THE SUPPORTED ORGANIZATION, WOULD HAVE TO RAISE THE FUNDS FOR THESE PROGRAMS ON ITS OWN. EDUCATIONAL PROGRAMS ARE A SIGNIFICANT ACTIVITY FOR PMA'S MEMBERS, AND AS SUCH, PMA IS RESPONSIVE AND ATTENTIVE TO THE FOUNDATION. RAISING AND PROVIDING FUNDS FOR EDUCATIONAL PROGRAMS CONSTITUTED THE MOST SIGNIFICANT ACTIVITIES OF THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt6AS NOTED ABOVE, THE FOUNDATION PROVIDES NEEDED FUNDING TO PRECISION METALFORMING ASSOCIATION ("PMA"), THE SUPPORTED ORGANIZATION, FOR EDUCATIONAL PROGRAMS FOR THE METALFORMING INDUSTRY. WITHOUT THE FOUNDATION'S INVOLVEMENT, PMA WOULD HAVE TO CONDUCT THESE ACTIVITIES ITSELF SINCE EDUCATIONAL PROGRAMS ARE A SIGNIFICANT PART OF PROMOTING THE INDUSTRY OF PMA'S MEMBERS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART I, LINE 11G (III):
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SEC. A, LINE 2 - PUBLIC CHARITY STATUS:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SEC. A, LINE 3B - SEC. 509(A)(2) TEST:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SEC. A, LINE 3C - VERIFICATION OF USES OF SUPPORT:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc4PART IV, SEC. D, LINE 3 - SIGNIFICANT VOICE:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc5PART IV, SEC. E, LINE 2A - FURTHERING EXEMPT PURPOSES:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc6PART IV, SEC. E, LINE 2B - ACTIVITIES OF SUPPORTED ORG.:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0340639124
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt073934
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0PRECISION METALFORMING ASSOC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt073934
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.71278
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02226893
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02148217
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt095258
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0173934
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02081713
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02226893
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0252564
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0107384
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02446596
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02081713
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-87168
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0277715
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02289513
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02446596
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0157083
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01758958
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02289513
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0615439
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt084884
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt013808
IRS990ScheduleD/ExpensesSubtotalAmt0243006
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt013808
IRS990ScheduleD/InvestmentExpensesNotIncldAmt013808
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-38262
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.21714
IRS990ScheduleD/RevenueNotReportedAmt0-38262
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt013808
IRS990ScheduleD/RevenueSubtotalAmt0204935
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0USE OF ENDOWMENT FUNDS - FUND ARE USED TO SUPPORT THE FOUNDATION'S EDUCATION PURPOSES AND PROGRAMS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FIN 48(ASC 740) FOOTNOTE - TAX STATUS: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT HAS BEEN RECOGNIZED AS A NON-PRIVATE FOUNDATION UNDER SECTION 509(A)(3) OF THE CODE BECAUSE OF ITS RELATIONSHIP WITH PRECISION METALFORMING ASSOCIATION. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AS OF MARCH 31, 2025, THE FOUNDATION'S INCOME TAX YEARS FROM MARCH 31, 2022 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.07008
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0256814
IRS990ScheduleD/TotalRevenuePerForm990Amt0218743
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0166673
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0243006
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt093500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt048
IRS990ScheduleI/RecipientTable/CashGrantAmt073934
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(6)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MGMT.DEV.TRNG.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PRECISION METALFORMING ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientEIN0340639124
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06363 OAK TREE BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0INDEPENDENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd044131
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BECAUSE OF THE "SUPPORTING ORGANIZATION" RELATIONSHIP WITH PRECISION METALFORMING ASSOCIATION, THE FOUNDATION IS ASSURED THAT ITS GRANT FUNDS ARE SPENT FOR EDUCATIONAL PURPOSES. FOR OTHER ORGANIZATIONS, THE FOUNDATION MONITORS THE USE OF ITS GRANT FUNDS BY REQUESTING REPORTS FROM RECIPIENTS WHICH DESCRIBE HOW THE FUNDS WERE SPENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2 - MONITORING USE OF GRANT FUNDS:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00

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