Civic Intelligence

Bifma International

990 • Fiscal year 2019 • EIN 38-2019327

Jun 01, 2018 to May 31, 2019 • Filed on Aug 14, 2019

678 Front Ave NW Ste 150Grand Rapids, MI 49504

(616) 285-3963

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.13x

Higher debt load relative to assets than 43% of similar nonprofits.

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

Liabilities / Revenue

47th percentile

0.15x

Higher debt load relative to revenue than 47% of similar nonprofits.

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

Net Margin

12th percentile

-8.9%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

63rd percentile

$176,697

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

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

Asset Growth

15th percentile

-6.7%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

32nd percentile

-1.2%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Down

$1,996,241

Down $142,304 (-6.7%) from 2018

Net Assets

Down

$1,745,254

Down $180,297 (-9.4%) from 2018

Liabilities

Up

$250,987

Up $37,993 (+18%) from 2018

Revenue

Down

$1,709,087

Down $21,109 (-1.2%) from 2018

Expenses

Up

$1,861,719

Up $198,331 (+12%) from 2018

Net Income

Down

-$152,632

Down $219,440 (-328%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,533,845Liabilities 2011: $151,674Net Assets 2011: $1,382,1712011Assets 2012: $1,695,373Liabilities 2012: $178,669Net Assets 2012: $1,516,7042012Assets 2013: $1,804,868Liabilities 2013: $153,601Net Assets 2013: $1,651,2672013Assets 2014: $1,905,956Liabilities 2014: $231,808Net Assets 2014: $1,674,1482014Assets 2015: $1,865,060Liabilities 2015: $208,068Net Assets 2015: $1,656,9922015Assets 2016: $1,954,300Liabilities 2016: $242,570Net Assets 2016: $1,711,7302016Assets 2017: $2,126,499Liabilities 2017: $295,039Net Assets 2017: $1,831,4602017Assets 2018: $2,138,545Liabilities 2018: $212,994Net Assets 2018: $1,925,5512018Assets 2019: $1,996,241Liabilities 2019: $250,987Net Assets 2019: $1,745,2542019Assets 2020: $1,771,550Liabilities 2020: $121,751Net Assets 2020: $1,649,7992020Assets 2021: $2,357,336Liabilities 2021: $345,426Net Assets 2021: $2,011,9102021Assets 2022: $2,579,240Liabilities 2022: $203,043Net Assets 2022: $2,376,1972022Assets 2023: $3,481,496Liabilities 2023: $963,918Net Assets 2023: $2,517,5782023Assets 2025: $3,015,672Liabilities 2025: $239,581Net Assets 2025: $2,776,0912025

Highlighted filing

2019

Assets$1,996,241
Liabilities$250,987
Net Assets$1,745,254

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $948,2352011Expenses 2012: $1,116,5142012Revenue 2013: $1,423,608Expenses 2013: $1,362,911Net Income 2013: $60,6972013Revenue 2014: $1,544,593Expenses 2014: $1,514,742Net Income 2014: $29,8512014Revenue 2015: $1,554,839Expenses 2015: $1,582,586Net Income 2015: -$27,7472015Revenue 2016: $1,575,145Expenses 2016: $1,504,014Net Income 2016: $71,1312016Revenue 2017: $1,676,902Expenses 2017: $1,598,695Net Income 2017: $78,2072017Revenue 2018: $1,730,196Expenses 2018: $1,663,388Net Income 2018: $66,8082018Revenue 2019: $1,709,087Expenses 2019: $1,861,719Net Income 2019: -$152,6322019Revenue 2020: $1,842,405Expenses 2020: $1,953,263Net Income 2020: -$110,8582020Revenue 2021: $1,601,002Expenses 2021: $1,324,488Net Income 2021: $276,5142021Revenue 2022: $1,978,281Expenses 2022: $1,576,620Net Income 2022: $401,6612022Revenue 2023: $1,899,732Expenses 2023: $1,758,351Net Income 2023: $141,3812023Revenue 2025: $2,266,142Expenses 2025: $2,184,125Net Income 2025: $82,0172025

Highlighted filing

2019

Revenue$1,709,087
Expenses$1,861,719
Net Income-$152,632
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Aug 14, 2019
Return Version
2018v3.1
Gross Receipts
$1,723,476
Mission and Program Overview

Mission

BIFMA Internationals mission is to lead, educate, inform and develop standards for the North American office and institutional furniture industry.

Bifma international's mission is to lead, advocate, inform and develop standards for the north american office and institutional furniture industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,340,908$1,428,488▲ $87,580
Investments in Publicly Traded Securities$529,214$498,029▼ $31,185
Investments Other Securities$202,744--
Cash and Non-Interest-Bearing Accounts$47,288$28,198▼ $19,090
Prepaid Expenses and Deferred Charges$13,981$26,848▲ $12,867
Accounts Receivable$1,310$1,739▲ $429
Land, Buildings, and Equipment, Net$3,100$939▼ $2,161
Total Assets$2,138,545$1,996,241▼ $142,304
Other Assets Total-$12,000-
Liabilities
Accounts Payable and Accrued Expenses$116,131$192,071▲ $75,940
Deferred Revenue$96,863$58,916▼ $37,947
Total Liabilities$212,994$250,987▲ $37,993
Net Assets / Fund Balance
Unrestricted Net Assets$1,920,583$1,740,286▼ $180,297
Temporarily Rstr Net Assets$4,968$4,968→ $0
Total Net Assets Fund Balance$1,925,551$1,745,254▼ $180,297
Total Liabilities and Net Assets / Fund Balance$2,138,545$1,996,241▼ $142,304

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$939$75,472$76,411
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas ReardonExecutive DiFT$160,767$15,930$176,697
Thomas ReardonExecutive Director-$156,240$20,457$176,697

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,626,394
Investment Income
$74,393
Other Revenue
$8,300
Change in Net Assets
$-152,632

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,709,087
Revenue Not Reported on Form 990
$-27,665
Total Revenue per Audited Statements
$1,681,422
Total Revenue per Form 990
$1,709,087
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,182,163
Salaries, Compensation, and Employee Benefits$679,556
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$454,178
Other Salaries and Wages---$379,669
Fees for Services Other---$260,721
Current Officers, Directors, Trustees, and Key Employees---$176,698
Travel---$110,884
Fees for Services Legal---$49,118
Other Employee Benefits---$45,647
Occupancy---$39,938
Payroll Taxes---$39,900
Office Expenses---$38,291
Pension Plan Contributions---$37,642
Fees for Services Accounting---$13,150
Information Technology---$10,022
Insurance---$5,571
Depreciation Depletion---$2,161
Other Expenses---$126
Total Functional Expenses$0$0$0$1,861,719

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,861,719
Total Expenses per Audited Statements$1,861,719
Total Expenses per Form 990$1,861,719
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 6

The organization's members consist of companies in the furniture industry.

Form 990, Page 6, Part VI, Line 7A

The organization has members who elect the governing body.

Form 990, Page 6, Part VI, Line 11B

The accounting manager examines the form 990 to ensure data and responses are parallel to internal and audited financial statements. The executive director reviews and signs form 990, which is prepared by independent public accountants. It is not provided to the board of directors for review before it is signed and filed.

Form 990, Page 6, Part VI, Line 15A

The compensation process for the executive director and all other employees includes annual review and approval by the board of directors.

Form 990, Page 6, Part VI, Line 15B

The compensation process for the executive director and all other employees includes annual review and approval by the board of directors.

Form 990, Page 6, Part VI, Line 18

The organization's form 1024 and 990 are available upon request. Contact information is provided on the organization's website.

Form 990, Page 6, Part VI, Line 19

The organization's financial statements are not available to the public. The articles of nonprofit incorporation and annual reports are available from michigan dept of energy, labor & economic growth at www.dleg.state.mi.us/bcs_corp.

Filing and Contact Details

Filer

Filer Name
Bifma International
EIN
38-2019327
Phone
6162853963
Address
678 FRONT AVE NW STE 150, GRAND RAPIDS, MI 49504

Signing Officer

Name
Thomas Reardon
Title
Executive Director
Phone
6162853963
Signed
2019-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Reardon
Formed
1973
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
15
Employees
5

Preparer

Firm
Brickley Delong Pc
Address
678 FRONT STREET NW SUITE 230, GRAND RAPIDS, MI 49504
Preparer
Thomas E Vereecke
Phone
6166088500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

OTHER FEES 0 260,721 0

Financial Statement Notes

Schedule D, Page 3, Part X

The association adopted accounting standards codification 740-10 as it relates to uncertain tax positions. Any interest and penalties recognized associated with a tax provision are classified as current in the association's financial statements. The association has evaluated its tax position taken for all open tax years. Federal, state and local tax returns generally remain open for examination by the various taxing authorities for a period of three or four years. The association is not currently under audit nor have they been contacted by any of these jurisdictions. Based on the evaulation of the association's tax positions, management believes all positions taken would be upheld under examination. Therfore, no provision for the effects of uncertain tax positions has been recorded for the years ended may 31, 2019 and 2018.

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IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt014389
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BIFMA INTERNATIONAL'S MISSION IS TO LEAD, ADVOCATE, INFORM AND DEVELOP STANDARDS FOR THE NORTH AMERICAN OFFICE AND INSTITUTIONAL FURNITURE INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01925551
IRS990/NetAssetsOrFundBalancesEOYAmt01745254
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt025611
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt025611
IRS990/NetUnrelatedBusTxblIncmAmt02300
IRS990/NetUnrlzdGainsLossesInvstAmt0-27665
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt039938
IRS990/OfficeExpensesGrp/TotalAmt038291
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt012000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045647
IRS990/OtherExpensesGrp/Desc0PROGRAM SERVICES
IRS990/OtherExpensesGrp/Desc1ORGANIZATIONAL FEES
IRS990/OtherExpensesGrp/Desc2FEDERAL INCOME TAXES
IRS990/OtherExpensesGrp/TotalAmt0175673
IRS990/OtherExpensesGrp/TotalAmt122330
IRS990/OtherExpensesGrp/TotalAmt2126
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1ADVERTISING REVENUES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13300
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt03300
IRS990/OtherRevenueTotalAmt08300
IRS990/OtherSalariesAndWagesGrp/TotalAmt0379669
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt039900
IRS990/PensionPlanContributionsGrp/TotalAmt037642
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013981
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026848
IRS990/PrincipalOfficerNm0THOMAS REARDON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DOMESTIC MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc2INTERNATIONAL MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3SEMINAR REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4DOCUMENT REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01069673
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1189130
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2159587
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3113775
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt444502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01069673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1189130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2159587
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3113775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt444502
IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAM SERVICES ADMINISTERED BY THE ASSOCIATION INCLUDE INFORMATION AND LEARNING: STATISTICAL - STATISTICAL PROGRAM ON THE FURNITURE INDUSTRY PERFORMANCE IN NORTH AMERICA LEADERSHIP CONFERENCE - ANNUAL INDUSTRY LEADERSHIP CONFERENCE
IRS990/ProgSrvcAccomActy3Grp/Desc0PROGRAM SERVICES ADMINISTERED BY THE ASSOCIATION INCLUDE TECHNICAL SERVICES: TECHNICAL SERVICES - DEVELOPMENT AND MAINTENANCE OF OFFICE FURNITURE PRODUCT SAFETY AND PERFORMANCE STANDARDS IN THE UNITED STATES OF AMERICA SUSTAINABILITY - ACTIVITIES, EDUCATIONAL EVENTS, SEMINARS, AND PROMOTIONAL ACTIVITIES INVOLVING THE BIFMA FURNITURE SUSTAINABILITY STANDARD
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt063186
IRS990/PYOtherExpensesAmt01055826
IRS990/PYOtherRevenueAmt03600
IRS990/PYProgramServiceRevenueAmt01663410
IRS990/PYRevenuesLessExpensesAmt066808
IRS990/PYSalariesCompEmpBnftPaidAmt0607562
IRS990/PYTotalExpensesAmt01663388
IRS990/PYTotalRevenueAmt01730196
IRS990/ReconcilationRevenueExpnssAmt0-152632
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01340908
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01428488
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0939
IRS990ScheduleD/EquipmentGrp/DepreciationAmt075472
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076411
IRS990ScheduleD/ExpensesSubtotalAmt01861719
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-27665
IRS990ScheduleD/RevenueNotReportedAmt0-27665
IRS990ScheduleD/RevenueSubtotalAmt01709087
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION ADOPTED ACCOUNTING STANDARDS CODIFICATION 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS. ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX PROVISION ARE CLASSIFIED AS CURRENT IN THE ASSOCIATION'S FINANCIAL STATEMENTS. THE ASSOCIATION HAS EVALUATED ITS TAX POSITION TAKEN FOR ALL OPEN TAX YEARS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE OR FOUR YEARS. THE ASSOCIATION IS NOT CURRENTLY UNDER AUDIT NOR HAVE THEY BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. BASED ON THE EVAULATION OF THE ASSOCIATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER EXAMINATION. THERFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED MAY 31, 2019 AND 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0939
IRS990ScheduleD/TotalExpensesPerForm990Amt01861719
IRS990ScheduleD/TotalRevenuePerForm990Amt01709087
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01681422
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01861719
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0156240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount04527
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt015930
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS REARDON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0176697
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MEMBERS CONSIST OF COMPANIES IN THE FURNITURE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHO ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ACCOUNTING MANAGER EXAMINES THE FORM 990 TO ENSURE DATA AND RESPONSES ARE PARALLEL TO INTERNAL AND AUDITED FINANCIAL STATEMENTS. THE EXECUTIVE DIRECTOR REVIEWS AND SIGNS FORM 990, WHICH IS PREPARED BY INDEPENDENT PUBLIC ACCOUNTANTS. IT IS NOT PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION PROCESS FOR THE EXECUTIVE DIRECTOR AND ALL OTHER EMPLOYEES INCLUDES ANNUAL REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION PROCESS FOR THE EXECUTIVE DIRECTOR AND ALL OTHER EMPLOYEES INCLUDES ANNUAL REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S FORM 1024 AND 990 ARE AVAILABLE UPON REQUEST. CONTACT INFORMATION IS PROVIDED ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. THE ARTICLES OF NONPROFIT INCORPORATION AND ANNUAL REPORTS ARE AVAILABLE FROM MICHIGAN DEPT OF ENERGY, LABOR & ECONOMIC GROWTH AT WWW.DLEG.STATE.MI.US/BCS_CORP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER FEES 0 260,721 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04968
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04968
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02138545
IRS990/TotalAssetsEOYAmt01996241
IRS990/TotalAssetsGrp/BOYAmt02138545
IRS990/TotalAssetsGrp/EOYAmt01996241
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01861719
IRS990/TotalGrossUBIAmt03300
IRS990/TotalLiabilitiesBOYAmt0212994
IRS990/TotalLiabilitiesEOYAmt0250987
IRS990/TotalLiabilitiesGrp/BOYAmt0212994
IRS990/TotalLiabilitiesGrp/EOYAmt0250987
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01925551
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01745254
IRS990/TotalOtherCompensationAmt015930
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt049727
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt049727
IRS990/TotalProgramServiceRevenueAmt01626394
IRS990/TotalReportableCompFromOrgAmt0160767
IRS990/TotalRevenueGrp/ExclusionAmt048782
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01657005
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01709087
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03300
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02138545
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01996241
IRS990/TravelGrp/TotalAmt0110884
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01920583
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01740286
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.BIFMA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.24$2.78$2.27$2.18$0.08
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.96$2.52$1.90$1.76$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.20$2.38$1.98$1.58$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.35$2.01$1.60$1.32$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.12$1.65$1.84$1.95$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.00$0.25$1.75$1.71$1.86$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.21$1.93$1.73$1.66$0.07
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.13$0.30$1.83$1.68$1.60$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.95$0.24$1.71$1.58$1.50$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.21$1.66$1.55$1.58$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.91$0.23$1.67$1.54$1.51$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.15$1.65$1.42$1.36$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.18$1.52$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.15$1.38$0.95