Civic Intelligence

Pmpa Educational Foundation

990 • Fiscal year 2021 • EIN 34-1913236

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 24, 2022

Organization ProfileWWW.PMPA-FOUNDATION.ORG
6880 West Snowville Road No 200Brecksville, OH 44141-3292

(440) 526-0300

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.02x

Higher debt load relative to revenue than 29% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

97th percentile

86%

Higher net margin than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

65th percentile

18%

Faster asset growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

34%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$1,305,647

Up $197,677 (+18%) from 2020

Net Assets

Up

$1,303,647

Up $195,677 (+18%) from 2020

Liabilities

Up

$2,000

Up $2,000 from 2020

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin97th percentile

Revenue

Up

$115,794

Up $29,224 (+34%) from 2020

Expenses

Down

$16,520

Down $2,883 (-15%) from 2020

Net Income

Up

$99,274

Up $32,107 (+48%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2016: $861,834Liabilities 2016: $1,320Net Assets 2016: $860,5142016Assets 2017: $867,583Liabilities 2017: $0Net Assets 2017: $867,5832017Assets 2018: $948,882Liabilities 2018: $0Net Assets 2018: $948,8822018Assets 2019: $1,019,344Liabilities 2019: $0Net Assets 2019: $1,019,3442019Assets 2020: $1,107,970Liabilities 2020: $0Net Assets 2020: $1,107,9702020Assets 2021: $1,305,647Liabilities 2021: $2,000Net Assets 2021: $1,303,6472021Assets 2022: $1,147,073Liabilities 2022: $2,317Net Assets 2022: $1,144,7562022Assets 2023: $1,164,118Liabilities 2023: $0Net Assets 2023: $1,164,1182023Assets 2024: $1,227,143Liabilities 2024: $0Net Assets 2024: $1,227,1432024

Highlighted filing

2021

Assets$1,305,647
Liabilities$2,000
Net Assets$1,303,647
Open 2021 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2016: $39,007Expenses 2016: $35,811Net Income 2016: $3,1962016Revenue 2017: $75,383Expenses 2017: $85,210Net Income 2017: -$9,8272017Revenue 2018: $88,917Expenses 2018: $16,820Net Income 2018: $72,0972018Revenue 2019: $68,231Expenses 2019: $33,628Net Income 2019: $34,6032019Revenue 2020: $86,570Expenses 2020: $19,403Net Income 2020: $67,1672020Revenue 2021: $115,794Expenses 2021: $16,520Net Income 2021: $99,2742021Revenue 2022: $91,734Expenses 2022: $29,415Net Income 2022: $62,3192022Revenue 2023: $11,639Expenses 2023: $56,668Net Income 2023: -$45,0292023Revenue 2024: $63,630Expenses 2024: $58,766Net Income 2024: $4,8642024

Highlighted filing

2021

Revenue$115,794
Expenses$16,520
Net Income$99,274
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 24, 2022
Return Version
2020v4.1
Gross Receipts
$437,936
Mission and Program Overview

Mission

To support education and training opportunities in machining technology to increase the quality and skill level of human resources employable by the precision machined products industry.

To promote and fund education, training, and career opportunities in the precision machining industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,034,068$1,233,442▲ $199,374
Cash and Non-Interest-Bearing Accounts$73,902$72,205▼ $1,697
Total Assets$1,107,970$1,305,647▲ $197,677
Liabilities
Accounts Payable and Accrued Expenses$0$2,000▲ $2,000
Total Liabilities$0$2,000▲ $2,000
Net Assets / Fund Balance
Net Assets With Donor Restrictions$987,859$1,187,234▲ $199,375
Net Assets Without Donor Restrictions$120,111$116,413▼ $3,698
Total Net Assets Fund Balance$1,107,970$1,303,647▲ $195,677
Total Liabilities and Net Assets / Fund Balance$1,107,970$1,305,647▲ $197,677

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$987,589-▲ $199,375-$1,187,234
2019$885,792-▲ $102,067-$987,589
2018$839,343-▲ $46,449-$885,792
2017$796,550-▲ $42,793-$839,343
2016$731,957-▲ $64,593-$796,550
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Dave KnuepferChair
Cate SmithPresident
Bryan AlbrechtDirector
Darlene MillerDirector
David ParkerDirector
Erik SkieDirector
Harry EighmyDirector
Mike ReaderDirector
Thomas HalladayDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$6,003
Program Service Revenue
$0
Investment Income
$109,791
Other Revenue
$0
All Other Contributions
$1,050
Change in Net Assets
$99,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$108,974
Revenue Not Reported on Financial Statements
$6,820
Revenue Not Reported on Form 990
$96,403
Total Revenue per Audited Statements
$205,377
Total Revenue per Form 990
$115,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,520
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$7,100-$7,100
Fees for Service Investment Mgmnt Fees-$6,820-$6,820
Other Expenses$2,600--$2,600
Total Functional Expenses$2,600$13,920$0$16,520

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$16,520
Expenses per Audited Statements$9,700
Total Expenses per Audited Statements$9,700
Expenses Not Reported on Financial Statements$6,820
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There is no committee acting on behalf of the governing body.”

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

“Form 990 review- the form 990 is reviewed by management and is made available to the board of directors at the annual june meeting which occurs after the annual filing of the form 990. This process was approved by the organization's executive committee and was initially carried out in 2007.”

Form 990, Part VI, Section C, Line 19

“Availability of documents- the organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Pmpa Educational Foundation
EIN
34-1913236
Phone
4405260300
Address
6880 WEST SNOWVILLE ROAD NO 200, BRECKSVILLE, OH 44141-3292

Signing Officer

Name
Tim Rankin
Title
Controller
Phone
4405260300
Signed
2022-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Rankin
Formed
1999
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

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

INTENDED USE OF ENDOWMENT FUNDS- PART V, LINE 4:

“The purpose of the endowment funds is to provide grants to support education and training programs in machining technology to increase the quality and skill level of human resources employable by the precision machined products industry.”

Raw XML AppendixShowing 400 of 438 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/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE AND FUND EDUCATION, TRAINING, AND CAREER OPPORTUNITIES IN THE PRECISION MACHINING INDUSTRY.
IRS990/AllOtherContributionsAmt01050
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TIM RANKIN
IRS990/BooksInCareOfDetail/PhoneNum04405260300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06880 WEST SNOWVILLE ROAD 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRECKSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0441413292
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt073902
IRS990/CashNonInterestBearingGrp/EOYAmt072205
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06003
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0109791
IRS990/CYOtherExpensesAmt016520
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt099274
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt016520
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0115794
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO SUPPORT EDUCATION AND TRAINING PROGRAMS IN MACHINING TECHNOLOGYTO INCREASE THE QUALITY AND SKILL LEVEL OF HUMAN RESOURCESEMPLOYABLE BY THE PRECISION MACHINIE PRODUCTS INDUSTRY AND TOSUPPORT RESEARCH PROGRAMS IN MACHINING TECHNOLOGY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0987859
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01187234
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02600
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07100
IRS990/FeesForServicesAccountingGrp/TotalAmt07100
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt06820
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt06820
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm0CATE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVE KNUEPFER
IRS990/Form990PartVIISectionAGrp/PersonNm2MIKE READER
IRS990/Form990PartVIISectionAGrp/PersonNm3HARRY EIGHMY
IRS990/Form990PartVIISectionAGrp/PersonNm4BRYAN ALBRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm6ERIK SKIE
IRS990/Form990PartVIISectionAGrp/PersonNm7DARLENE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm8THOMAS HALLADAY
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/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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt087863
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0410005
IRS990/GrossReceiptsAmt0437936
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt021928
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021928
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01034068
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01233442
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0322142
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT EDUCATION AND TRAINING OPPORTUNITIES IN MACHINING TECHNOLOGY TO INCREASE THE QUALITY AND SKILL LEVEL OF HUMAN RESOURCES EMPLOYABLE BY THE PRECISION MACHINED PRODUCTS INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01107970
IRS990/NetAssetsOrFundBalancesEOYAmt01303647
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt087863
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt087863
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt096403
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0120111
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0116413
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FILING FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt02600
IRS990/OtherExpensesGrp/TotalAmt02600
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TIM RANKIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt086570
IRS990/PYOtherExpensesAmt019403
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt067167
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt019403
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt086570
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt099274
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt04953
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
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
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 MACHINED PRODUCTS ASSOCIATION, A TRADE ASSOCIATION THAT IS TAX-EXEMPT UNDER CODE SECTION 501(C)(6). SINCE THE ASSOCIATION IS NOT A SECTION 501(C)(3) ORGANIZATION, IT DOES NOT HAVE A DETERMINATION LETTER FROM THE IRS ABOUT ITS PUBLIC CHARITY STATUS UNDER SECTIONS 509(A)(1) OR (A)(2). HOWEVER, THE ASSOCIATION ANNUALLY PERFORMS THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2) AND INFORMS THE FOUNDATION THAT IT HAS PASSED THE TESTS UNDER THAT CODE SECTION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1AS STATED ABOVE, PRECISION MACHINED PRODUCTS ASSOCIATION, THE SUPPORTED ORGANIZATION, ANNUALLY PERFORMS THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2) AND INFORMS THE FOUNDATION THAT IT HAS PASSED THE TESTS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE FOUNDATION AND PRECISION MACHINED PRODUCTS ASSOCIATION SHARE EMPLOYEES AND MANY ADMINISTRATIVE FUNCTIONS INCLUDING ACCOUNTING SERVICES. BECAUSE OF THIS CLOSE CONNECTION BETWEEN THE 2 ORGANIZATIONS, THE FOUNDATION KNOWS ITS SUPPORT IS USED EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES. ADDITIONALLY, THE EXECUTIVE DIRECTOR OF THE ASSOCIATION ALSO SERVES AS A DIRECTOR OF THE FOUNDATION, THEREBY PROVIDING ADDITIONAL OVERSIGHT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3PRECISION MACHINED PRODUCTS ASSOCIATION HAS A SIGNIFICANT VOICE IN ALL OF THE FOUNDATION'S AFFAIRS BECAUSE OF THE CLOSE CONNECTION BETWEEN THE 2 ORGANIZATIONS, INCLUDING THE EXECUTIVE DIRECTOR OF THE ASSOCIATION SERVING AS A DIRECTOR OF THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4THE FOUNDATION SUPPORTED PRECISION MACHINED PRODUCTS ASSOCIATION BY SUPPORTING EDUCATION AND TRAINING PROGRAMS IN MACHINING TECHNOLOGY. THESE SUPPORT ACTIVITIES HELPED TO INCREASE THE QUALITY AND SKILL LEVEL OF PEOPLE WHO ARE, OR COULD BE, EMPLOYED BY THE PRECISION MACHINED PRODUCTS INDUSTRY. THE FOUNDATION ALSO SUPPORTED RESEARCH PROGRAMS FOR MACHINING TECHNOLOGY AND DISSEMINATED THIS INFORMATION TO MEMBERS OF THE ASSOCIATION. THESE ACTIVITIES CONSTITUTED SUBSTANTIALLY ALL OF THE FOUNDATION'S ACTIVITIES AND FURTHERED THE EDUCATIONAL MISSION OF THE ASSOCIATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt5WITHOUT THE FOUNDATION'S EDUCATIONAL EFFORTS, PRECISION MACHINED PRODUCTS ASSOCIATION WOULD HAVE HAD TO PERFORM THESE TASKS AND ACTIVITIES ON ITS OWN. AS THE LEADING TRADE ASSOCATION FOR THE PRECISION MACHINING INDUSTRY, THE ASSOCIATION NEEDS TO PROVIDE EDUCATION TO AND FOR ITS MEMBERS. IT ALSO NEEDS TO SUPPORT PROGRAMS THAT INCREASE THE POOL OF SKILLED JOB APPLICANTS THAT CAN WORK IN MEMBER-OWNED COMPANIES. THE FOUNDATION TAKES ON THESE RESPONSIBILITIES ON THE ASSOCIATION'S BEHALF.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0STATUS OF SUPPORTED ORGANIZATION- PART IV, SEC. A, LINE 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1CONFIRM.OF SEC.509(A)(2) STATUS-PART IV, SEC. A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2CONFIRMATION OF USAGE OF SUPPORT- PART IV, SEC. A, LINE 3C:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3SIGNIFICANT VOICE EXPLANATION- PART IV, SEC. D, LINE 3:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc4SUBSTANTIAL ACTIVITIES EXPLANATION-PART IV,SEC.E,LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc5ORGANIZATION'S INVOLVEMENT - PART IV, SEC. E, LINE 2B:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0340421845
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0PRECISION MACHINED PRODUCTS ASSOCIATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0987589
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01187234
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0199375
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0885792
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0987589
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0102067
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0839343
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0885792
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt046449
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0796550
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0839343
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt042793
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0731957
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0796550
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt064593
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06820
IRS990ScheduleD/ExpensesSubtotalAmt09700
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06820
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06820
IRS990ScheduleD/NetUnrealizedGainsInvstAmt096403
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.33313
IRS990ScheduleD/RevenueNotReportedAmt096403
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06820
IRS990ScheduleD/RevenueSubtotalAmt0108974
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE ENDOWMENT FUNDS IS TO PROVIDE GRANTS TO SUPPORT EDUCATION AND TRAINING PROGRAMS IN MACHINING TECHNOLOGY TO INCREASE THE QUALITY AND SKILL LEVEL OF HUMAN RESOURCES EMPLOYABLE BY THE PRECISION MACHINED PRODUCTS INDUSTRY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0INTENDED USE OF ENDOWMENT FUNDS- PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.66687
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt016520
IRS990ScheduleD/TotalRevenuePerForm990Amt0115794
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0205377
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09700
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS NO COMMITTEE ACTING ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEW- THE FORM 990 IS REVIEWED BY MANAGEMENT AND IS MADE AVAILABLE TO THE BOARD OF DIRECTORS AT THE ANNUAL JUNE MEETING WHICH OCCURS AFTER THE ANNUAL FILING OF THE FORM 990. THIS PROCESS WAS APPROVED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE AND WAS INITIALLY CARRIED OUT IN 2007.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABILITY OF DOCUMENTS- THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0PMPA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0550797580
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INACTIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0PMPA SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt06880 W SNOWVILLE ROAD 200
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BRECKSVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd044141
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PRECISION MACHINED PRODUCTS ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0340421845
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TRADE ASSOC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06880 W SNOWVILLE ROAD 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRECKSVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044141
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01107970
IRS990/TotalAssetsEOYAmt01305647
IRS990/TotalAssetsGrp/BOYAmt01107970
IRS990/TotalAssetsGrp/EOYAmt01305647
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06003
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013920
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02600
IRS990/TotalFunctionalExpensesGrp/TotalAmt016520
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt02000
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01107970
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01303647
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02600
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0109791
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0115794
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01107970
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01305647
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06880 WEST SNOWVILLE ROAD NO 200
IRS990/USAddress/CityNm0BRECKSVILLE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,305,647
Liabilities
$2,000
Net assets
$1,303,647
Revenue
$115,794
Expenses
$16,520
Net income
$99,274
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$0.06$0.06$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.01$0.06$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.14$0.09$0.03$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.30$0.12$0.02$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$0.09$0.02$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.00$1.02$0.07$0.03$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.00$0.95$0.09$0.02$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.08$0.09$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.04$0.04$0.00