Civic Intelligence

Pmpa Educational Foundation

990 • Fiscal year 2022 • EIN 34-1913236

Jul 01, 2021 to Jun 30, 2022 • Filed on May 11, 2023

Organization ProfileWWW.PMPA-FOUNDATION.ORG
6880 West Snowville Road 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

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

33rd percentile

0.03x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

16th percentile

-12%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

18th percentile

-21%

Faster revenue growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Down

$1,147,073

Down $158,574 (-12%) from 2021

Net Assets

Down

$1,144,756

Down $158,891 (-12%) from 2021

Liabilities

Up

$2,317

Up $317 (+16%) from 2021

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin94th percentile

Revenue

Down

$91,734

Down $24,060 (-21%) from 2021

Expenses

Up

$29,415

Up $12,895 (+78%) from 2021

Net Income

Down

$62,319

Down $36,955 (-37%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2022

Assets$1,147,073
Liabilities$2,317
Net Assets$1,144,756
Open 2022 Filing

Operations Trend

Revenue Growth18th 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

2022

Revenue$91,734
Expenses$29,415
Net Income$62,319
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.2
Gross Receipts
$396,365
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$1,233,442$1,097,013▼ $136,429
Cash and Non-Interest-Bearing Accounts$72,205$50,060▼ $22,145
Total Assets$1,305,647$1,147,073▼ $158,574
Liabilities
Accounts Payable and Accrued Expenses$2,000$2,317▲ $317
Total Liabilities$2,000$2,317▲ $317
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,187,234$1,051,164▼ $136,070
Net Assets Without Donor Restrictions$116,413$93,592▼ $22,821
Total Net Assets Fund Balance$1,303,647$1,144,756▼ $158,891
Total Liabilities and Net Assets / Fund Balance$1,305,647$1,147,073▼ $158,574

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$1,187,234-▼ $136,070-$1,051,164
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
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Cate SmithDirector
Dave KnuepferDirector
David ParkerDirector
Harry EighmyDirector
Joann Wilson-vlachDirector
Michael DuffinDirector
Tim RankinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,300
Program Service Revenue
$0
Investment Income
$89,137
Other Revenue
$-2,703
All Other Contributions
$4,700
Change in Net Assets
$62,319

Audited Revenue Reconciliation

Revenue per Audited Statements
$87,737
Revenue Not Reported on Financial Statements
$3,997
Revenue Not Reported on Form 990
$-218,142
Total Revenue per Audited Statements
$-130,405
Total Revenue per Form 990
$91,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,415
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
Advertising$9,735--$9,735
Fees for Services Accounting-$7,100-$7,100
Fees for Services Legal-$4,700-$4,700
Fees for Service Investment Mgmnt Fees-$3,997-$3,997
Insurance-$3,123-$3,123
Travel$331--$331
Other Expenses$69$360-$69
Total Functional Expenses$10,135$19,280$0$29,415

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$29,415
Total Expenses per Audited Statements$28,486
Expenses per Audited Statements$25,418
Expenses Not Reported on Financial Statements$3,997
Expenses Not Reported on Form 990$3,068
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,068
Fundraising Gross Income$365
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 200, BRECKSVILLE, OH 44141-3292

Signing Officer

Name
Tim Rankin
Title
Controller
Phone
4405260300
Signed
2023-05-11
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

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses included with expenses on financial statements but included with revenue on form 990”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses included with expenses on financial statements but included with revenue on form 990”

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 442 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/BOYAmt02000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02317
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE AND FUND EDUCATION, TRAINING, AND CAREER OPPORTUNITIES IN THE PRECISION MACHINING INDUSTRY.
IRS990/AdvertisingGrp/ProgramServicesAmt09735
IRS990/AdvertisingGrp/TotalAmt09735
IRS990/AllOtherContributionsAmt04700
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/BOYAmt072205
IRS990/CashNonInterestBearingGrp/EOYAmt050060
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05300
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt089137
IRS990/CYOtherExpensesAmt029415
IRS990/CYOtherRevenueAmt0-2703
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt062319
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt029415
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt091734
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/BOYAmt01187234
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01051164
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt010135
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07100
IRS990/FeesForServicesAccountingGrp/TotalAmt07100
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04700
IRS990/FeesForServicesLegalGrp/TotalAmt04700
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03997
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03997
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CATE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVE KNUEPFER
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL DUFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm3HARRY EIGHMY
IRS990/Form990PartVIISectionAGrp/PersonNm4JOANN WILSON-VLACH
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm6TIM RANKIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt03068
IRS990/FundraisingGrossIncomeAmt0365
IRS990/GainOrLossGrp/SecuritiesAmt069937
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0371500
IRS990/GrossReceiptsAmt0396365
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03123
IRS990/InsuranceGrp/TotalAmt03123
IRS990/InvestmentIncomeGrp/ExclusionAmt019200
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019200
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01233442
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01097013
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0301563
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/NetAssetsOrFundBalancesBOYAmt01303647
IRS990/NetAssetsOrFundBalancesEOYAmt01144756
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt069937
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt069937
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2703
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2703
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-221210
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0116413
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt093592
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TAXES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0360
IRS990/OtherExpensesGrp/ProgramServicesAmt069
IRS990/OtherExpensesGrp/TotalAmt0360
IRS990/OtherExpensesGrp/TotalAmt169
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TIM RANKIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06003
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0109791
IRS990/PYOtherExpensesAmt016520
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt099274
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt016520
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0115794
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt062319
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0600
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/BeginningYearBalanceAmt01187234
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01051164
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-136070
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0987589
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01187234
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0199375
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0885792
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0987589
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0102067
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0839343
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0885792
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt046449
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0796550
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0839343
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt042793
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt03068
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03997
IRS990ScheduleD/ExpensesSubtotalAmt025418
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt03997
IRS990ScheduleD/InvestmentExpensesNotIncldAmt03997
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-221210
IRS990ScheduleD/OtherExpensesIncludedAmt03068
IRS990ScheduleD/OtherRevenueAmt03068
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.62375
IRS990ScheduleD/RevenueNotReportedAmt0-218142
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt03997
IRS990ScheduleD/RevenueSubtotalAmt087737
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES INCLUDED WITH EXPENSES ON FINANCIAL STATEMENTS BUT INCLUDED WITH REVENUE ON FORM 990
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES INCLUDED WITH EXPENSES ON FINANCIAL STATEMENTS BUT INCLUDED WITH REVENUE ON FORM 990
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE 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/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2INTENDED USE OF ENDOWMENT FUNDS- PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.37625
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt029415
IRS990ScheduleD/TotalRevenuePerForm990Amt091734
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-130405
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt028486
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/TotalAssetsBOYAmt01305647
IRS990/TotalAssetsEOYAmt01147073
IRS990/TotalAssetsGrp/BOYAmt01305647
IRS990/TotalAssetsGrp/EOYAmt01147073
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05300
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019280
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010135
IRS990/TotalFunctionalExpensesGrp/TotalAmt029415
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02000
IRS990/TotalLiabilitiesEOYAmt02317
IRS990/TotalLiabilitiesGrp/BOYAmt02000
IRS990/TotalLiabilitiesGrp/EOYAmt02317
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01303647
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01144756
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt010135
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt086434
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091734
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01305647
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01147073
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0331
IRS990/TravelGrp/TotalAmt0331
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,147,073
Liabilities
$2,317
Net assets
$1,144,756
Revenue
$91,734
Expenses
$29,415
Net income
$62,319
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
2022Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.14$0.09$0.03$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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