Civic Intelligence

Bifma International

990 • Fiscal year 2020 • EIN 38-2019327

Jun 01, 2019 to May 31, 2020 • Filed on Oct 13, 2020

Organization ProfileWWW.BIFMA.ORG
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

35th percentile

0.07x

Higher debt load relative to assets than 35% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

30th percentile

0.07x

Higher debt load relative to revenue than 30% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

20th percentile

-6.0%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

62nd percentile

$179,447

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

7.8%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$1,771,550

Down $224,691 (-11%) from 2019

Net Assets

Down

$1,649,799

Down $95,455 (-5.5%) from 2019

Liabilities

Down

$121,751

Down $129,236 (-51%) from 2019

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin20th percentile

Revenue

Up

$1,842,405

Up $133,318 (+7.8%) from 2019

Expenses

Up

$1,953,263

Up $91,544 (+4.9%) from 2019

Net Income

Up

-$110,858

Up $41,774 (+27%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

2020

Assets$1,771,550
Liabilities$121,751
Net Assets$1,649,799
Open 2020 Filing

Operations Trend

Revenue Growth84th percentile

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

2020

Revenue$1,842,405
Expenses$1,953,263
Net Income-$110,858
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Oct 13, 2020
Return Version
2019v5.0
Gross Receipts
$1,853,795
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$1,428,488$1,188,482▼ $240,006
Investments in Publicly Traded Securities$498,029$512,316▲ $14,287
Intangible Assets-$32,267-
Prepaid Expenses and Deferred Charges$26,848$18,482▼ $8,366
Cash and Non-Interest-Bearing Accounts$28,198$15,765▼ $12,433
Accounts Receivable$1,739$4,238▲ $2,499
Land, Buildings, and Equipment, Net$939--
Total Assets$1,996,241$1,771,550▼ $224,691
Other Assets Total$12,000--
Liabilities
Accounts Payable and Accrued Expenses$192,071$74,658▼ $117,413
Deferred Revenue$58,916$47,093▼ $11,823
Total Liabilities$250,987$121,751▼ $129,236
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,740,286$1,644,831▼ $95,455
Net Assets With Donor Restrictions$4,968$4,968→ $0
Total Net Assets Fund Balance$1,745,254$1,649,799▼ $95,455
Total Liabilities and Net Assets / Fund Balance$1,996,241$1,771,550▼ $224,691

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$48,060$48,060
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas ReardonFmr Exec DirectorFT$158,970$20,477$179,447
Jennifer WammackDirector ofFT$118,551$11,855$130,406

Board Members and Trustees

NameTitle
Hank MenkePresident
Andi OwenDirector
Chris BaldwinDirector
Dan ByrneDirector
James KeaneDirector
Joel FeldbergDirector
John FellowesDirector
Julio Enrique Hirschfeld MerelesDirector
Kristie JusterDirector
Kyle WilliamsDirector
Matt SchadDirector
Max VerkampDirector
Rebecca BoenigkDirector
Franco BianchiTreasurer
Jeff LorengerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,784,526
Investment Income
$55,179
Other Revenue
$2,700
Change in Net Assets
$-110,858

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,842,405
Revenue Not Reported on Form 990
$15,404
Total Revenue per Audited Statements
$1,857,809
Total Revenue per Form 990
$1,842,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,250,046
Salaries, Compensation, and Employee Benefits$703,217
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$394,503
Conferences and Meetings---$338,892
Fees for Services Other---$338,824
Current Officers, Directors, Trustees, and Key Employees---$184,892
Travel---$55,957
Other Employee Benefits---$43,235
Payroll Taxes---$41,404
Occupancy---$41,141
Office Expenses---$39,231
Pension Plan Contributions---$39,183
Fees for Services Legal---$34,867
Fees for Services Accounting---$16,080
Information Technology---$9,991
Depreciation Depletion---$6,673
Insurance---$5,421
Other Expenses---$466
Total Functional Expenses$0$0$0$1,953,263

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,953,263
Total Expenses per Audited Statements$1,953,263
Total Expenses per Form 990$1,953,263
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
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
EIN
38-2019327
Phone
6162853963
Address
678 FRONT AVE NW STE 150, GRAND RAPIDS, MI 49504

Signing Officer

Name
Deirdre Jimenez
Title
President & CEO
Phone
6162853963
Signed
2020-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deirdre Jimenez
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 CPA
Phone
6166088500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“OTHER FEES 0 338,824 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“In the preparation of tax returns, tax positions are taken based on interpretation of federal, state and local income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified, or recorded, as uncertain tax positions. Federal, state and local tax returns generally remain open for examination by the various taxing authorities for a period of three or four years.”

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IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011390
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
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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
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020610
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IRS990/NetUnrlzdGainsLossesInvstAmt015403
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01740286
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01644831
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IRS990/OfficeExpensesGrp/TotalAmt039231
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt043235
IRS990/OtherExpensesGrp/Desc0PROGRAM SERVICES
IRS990/OtherExpensesGrp/Desc1ORGANIZATIONAL FEES
IRS990/OtherExpensesGrp/Desc2FEDERAL INCOME TAXES
IRS990/OtherExpensesGrp/TotalAmt0339713
IRS990/OtherExpensesGrp/TotalAmt122790
IRS990/OtherExpensesGrp/TotalAmt2466
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING REVENUES
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02700
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt02700
IRS990/OtherRevenueTotalAmt02700
IRS990/OtherSalariesAndWagesGrp/TotalAmt0394503
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt041404
IRS990/PensionPlanContributionsGrp/TotalAmt039183
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026848
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018482
IRS990/PrincipalOfficerNm0DEIRDRE JIMENEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DOMESTIC MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc2INTERNATIONAL MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3LICENSE FEE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4DOCUMENT REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01127214
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1340700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2186479
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt374612
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt446141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01127214
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1340700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2186479
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt374612
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt446141
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
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IRS990/PYOtherExpensesAmt01182163
IRS990/PYOtherRevenueAmt08300
IRS990/PYProgramServiceRevenueAmt01626394
IRS990/PYRevenuesLessExpensesAmt0-152632
IRS990/PYSalariesCompEmpBnftPaidAmt0679556
IRS990/PYTotalExpensesAmt01861719
IRS990/PYTotalRevenueAmt01709087
IRS990/ReconcilationRevenueExpnssAmt0-110858
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01428488
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01188482
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048060
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048060
IRS990ScheduleD/ExpensesSubtotalAmt01953263
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt015404
IRS990ScheduleD/RevenueNotReportedAmt015404
IRS990ScheduleD/RevenueSubtotalAmt01842405
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE OR FOUR YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt01953263
IRS990ScheduleD/TotalRevenuePerForm990Amt01842405
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01857809
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01953263
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0158970
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount04273
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt016204
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS REARDON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FMR EXEC DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179447
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 0 338,824 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
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01996241
IRS990/TotalAssetsGrp/EOYAmt01771550
IRS990/TotalCompGreaterThan150KInd0true
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01953263
IRS990/TotalGrossUBIAmt02700
IRS990/TotalLiabilitiesBOYAmt0250987
IRS990/TotalLiabilitiesEOYAmt0121751
IRS990/TotalLiabilitiesGrp/BOYAmt0250987
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IRS990/TotalOtherCompensationAmt028059
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt09380
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt09380
IRS990/TotalProgramServiceRevenueAmt01784526
IRS990/TotalReportableCompFromOrgAmt0281794
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01842405
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02700
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01996241
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01771550
IRS990/TravelGrp/TotalAmt055957
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
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IRS990/WebsiteAddressTxt0WWW.BIFMA.ORG
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,771,550
Liabilities
$121,751
Net assets
$1,649,799
Revenue
$1,842,405
Expenses
$1,953,263
Net income
-$110,858
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
2020Detailed filing. Detailed filing data is available for this year.$1.77$0.12$1.65$1.84$1.95$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

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