Civic Intelligence

Industrial Fabrics Assoc International

990 • Fiscal year 2014 • EIN 41-0434680

Jun 01, 2013 to May 31, 2014 • Filed on Jan 12, 2015

1801 County Road B WestRoseville, MN 55113-4061

(651) 222-2508

Siviq Scores

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

Liabilities / Assets

84th percentile

0.60x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.44x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Net Margin

51st percentile

4.2%

Higher net margin than 51% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

36th percentile

$208,506

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2014

Asset Growth

23rd percentile

-1.8%

Faster asset growth than 23% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

16th percentile

-8.1%

Faster revenue growth than 16% of similar nonprofits.

2014 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$6,357,655

Down $114,155 (-1.8%) from 2013

Net Assets

Up

$2,514,192

Up $466,680 (+23%) from 2013

Liabilities

Down

$3,843,463

Down $580,835 (-13%) from 2013

Revenue

Down

$8,748,368

Down $770,189 (-8.1%) from 2013

Expenses

Down

$8,376,570

Down $490,633 (-5.5%) from 2013

Net Income

Down

$371,798

Down $279,556 (-43%) from 2013

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $5,959,236Liabilities 2012: $4,803,655Net Assets 2012: $1,155,5812012Assets 2013: $6,471,810Liabilities 2013: $4,424,298Net Assets 2013: $2,047,5122013Assets 2014: $6,357,655Liabilities 2014: $3,843,463Net Assets 2014: $2,514,1922014Assets 2015: $7,294,312Liabilities 2015: $4,474,759Net Assets 2015: $2,819,5532015Assets 2016: $7,306,966Liabilities 2016: $4,757,670Net Assets 2016: $2,549,2962016Assets 2017: $8,063,846Liabilities 2017: $4,862,453Net Assets 2017: $3,201,3932017Assets 2018: $7,951,640Liabilities 2018: $3,980,006Net Assets 2018: $3,971,6342018Assets 2019: $7,647,778Liabilities 2019: $3,846,691Net Assets 2019: $3,801,0872019Assets 2020: $8,081,167Liabilities 2020: $4,397,820Net Assets 2020: $3,683,3472020Assets 2021: $8,629,550Liabilities 2021: $5,201,618Net Assets 2021: $3,427,9322021Assets 2022: $7,913,490Liabilities 2022: $4,209,150Net Assets 2022: $3,704,3402022Assets 2023: $8,976,213Liabilities 2023: $5,556,458Net Assets 2023: $3,419,7552023Assets 2024: $9,608,640Liabilities 2024: $5,920,675Net Assets 2024: $3,687,9652024Assets 2025: $9,626,214Liabilities 2025: $5,458,018Net Assets 2025: $4,168,1962025

Highlighted filing

2014

Assets$6,357,655
Liabilities$3,843,463
Net Assets$2,514,192

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2012: $8,569,2512012Revenue 2013: $9,518,557Expenses 2013: $8,867,203Net Income 2013: $651,3542013Revenue 2014: $8,748,368Expenses 2014: $8,376,570Net Income 2014: $371,7982014Revenue 2015: $9,001,135Expenses 2015: $8,574,732Net Income 2015: $426,4032015Revenue 2016: $8,844,062Expenses 2016: $8,746,144Net Income 2016: $97,9182016Revenue 2017: $9,989,581Expenses 2017: $9,595,914Net Income 2017: $393,6672017Revenue 2018: $8,099,378Expenses 2018: $8,476,488Net Income 2018: -$377,1102018Revenue 2019: $8,828,640Expenses 2019: $8,880,473Net Income 2019: -$51,8332019Revenue 2020: $7,972,494Expenses 2020: $8,050,348Net Income 2020: -$77,8542020Revenue 2021: $5,949,959Expenses 2021: $6,168,741Net Income 2021: -$218,7822021Revenue 2022: $8,259,339Expenses 2022: $7,572,046Net Income 2022: $687,2932022Revenue 2023: $7,654,043Expenses 2023: $8,162,567Net Income 2023: -$508,5242023Revenue 2024: $8,357,798Expenses 2024: $8,629,268Net Income 2024: -$271,4702024Revenue 2025: $9,212,908Expenses 2025: $8,985,703Net Income 2025: $227,2052025

Highlighted filing

2014

Revenue$8,748,368
Expenses$8,376,570
Net Income$371,798
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Jan 12, 2015
Return Version
2013v4.0
Gross Receipts
$8,841,817
Mission and Program Overview

Mission

Ifai will contribute to the prosperity of the specialty fabrics industry by providing a global marketplace for innovative products and services, relevant education, promotion and networking opportunities.

The industrial fabrics association international (ifai) is a not-for-profit trade association comprised of member companies representing the international specialty fabrics marketplace. Member companies range in size from one-person shops to multinational corporations. Members' products cover the broad spectrum of specialty fabrics and include fibers, fabrics, end products, equipment and hardware. Ifai is the largest, most comprehensive trade association serving this industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,547,617$3,257,795▲ $710,178
Land, Buildings, and Equipment, Net$1,252,362$1,169,065▼ $83,297
Savings and Temporary Cash Investments$911,338$613,188▼ $298,150
Accounts Receivable$1,042,341$493,340▼ $549,001
Cash and Non-Interest-Bearing Accounts$340,575$396,161▲ $55,586
Prepaid Expenses and Deferred Charges$282,202$319,978▲ $37,776
Inventories for Sale or Use$9,403$12,789▲ $3,386
Total Assets$6,471,810$6,357,655▼ $114,155
Other Assets Total$85,972$95,339▲ $9,367
Liabilities
Deferred Revenue$3,818,583$3,297,752▼ $520,831
Accounts Payable and Accrued Expenses$605,715$545,711▼ $60,004
Total Liabilities$4,424,298$3,843,463▼ $580,835
Net Assets / Fund Balance
Unrestricted Net Assets$2,047,512$2,514,192▲ $466,680
Total Net Assets Fund Balance$2,047,512$2,514,192▲ $466,680
Total Liabilities and Net Assets / Fund Balance$6,471,810$6,357,655▼ $114,155

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$156,958$1,324,164$1,481,122
Buildings$811,645$637,043$1,448,688
Equipment$59,462$345,670$405,132
Land$141,000-$141,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary HennessyPresident & CEOFT$153,372$55,134$208,506
Todd LindemannVice PresidentFT$116,403$2,923$119,326
Susan NiemiStrategic ConsultantFT$104,270$10,949$115,219
Stephen M WarnerFormer President & CEO-$104,803$104,803$104,803
Dan MccarthyVP of Finance/CFOPT$70,362$1,641$72,003

Board Members and Trustees

NameTitle
David ClarkeChairman of the Board
Kevin YonceImmediate Past Chairman
Peter F MckernanPast Chair (thru October)
Katie Bradford1st Vice Chairman
Robert L Rosania2nd Vice Chairman
Amy BircherDirector
Boyd RamseyDirector
Brian RowinskiDirector
Dennis BuekerDirector
Jeffrey P SponsellerDirector
Kathy SchaeferDirector
Leib OehmigDirector
Michael W EricksonDirector
Joey K UnderwoodDirector (thru October)

Highest Paid Contractors

ContractorServicesLocationCompensation
Royle PrintingPublishing Services-$504,904
Whitmer & Worrall LLCLobbying Services-$258,832
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,464,034
Investment Income
$179,789
Other Revenue
$104,545
Change in Net Assets
$371,798

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,753,246
Revenue Not Reported on Financial Statements
$-4,878
Revenue Not Reported on Form 990
$110,582
Other Revenue Adjustments
$-4,878
Total Revenue per Audited Statements
$8,863,828
Total Revenue per Form 990
$8,748,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,360,589
Salaries, Compensation, and Employee Benefits$4,006,881
Grants and Similar Amounts Paid$9,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,005,029
Office Expenses---$1,412,612
Advertising---$610,369
Conferences and Meetings---$576,783
Current Officers, Directors, Trustees, and Key Employees---$371,102
Travel---$341,142
Payroll Taxes---$331,288
Occupancy---$309,221
Fees for Services Other---$282,659
Other Employee Benefits---$276,472
Fees for Services Lobbying---$258,832
Depreciation Depletion---$158,458
Information Technology---$117,332
All Other Expenses---$81,802
Fees for Services Accounting---$58,693
Pension Plan Contributions---$22,990
Fees for Service Investment Mgmnt Fees---$22,307
Other Expenses---$13,060
Interest---$12,079
Grants to Domestic Orgs---$9,100
Fees for Services Legal---$444
Total Functional Expenses$0$0$0$8,376,570

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,381,448
Expenses per Audited Statements$8,376,570
Total Expenses per Form 990$8,376,570
Expenses Not Reported on Form 990$4,878
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
52-2164483-501(c)(3)To Provide Operational Support for Iff.$9,000

International Summary

Offices
0
Employees
3
Spending
$197,494

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
ChinaMembership ServicesMembership Services and Meetings01$119,330
JapanMembership ServicesJapan Membership Division, Meetings, and Expo01$44,960
New ZealandMembership ServicesMembership Services01$33,204
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$258,832
Total Nondeductible Lobbying and Political Cost$258,832
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

As a trade association, members routinely do business with other members of the association. The association's board of directors are employed by member companies.

Form 990, Part VI, Section A, Line 6

The organization has four membership classifications in the association: general, individual, affiliate and honored life members. General members: any company or organization whose primary business objective is to supply goods or services used by an end product manufacturer. Also, any company or organization whose primary business objective is the manufacture, sale or rental of products made in whole or in part from industrial/technical fabrics. Individual members: an individual who wishes to buy a membership. Affiliate members: other associations, publications, accredited post-secondary institutions and government agencies. Honored life members: any individual, by approval and at the discretion of the board of directors, can be granted the designation. The honor may be bestowed on an individual who is a longstanding end product manufacturer or supplier member of the association who also meets two other qualifications documented in the bylaws.

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

The general membership of the organization has the right to elect directors to the governing body.

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

The general members vote on any board elections and all bylaw changes.

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by the cfo and then presented to the president. The president reviews and signs the form 990 before submission to the internal revenue service.

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

A written monitoring policy is periodically reviewed by the board. If a board member has a conflict they are to abstain from voting. If a member does not disclose a conflict the board has the option to remove the board member for violating the policy.

Form 990, Part VI, Section B, Line 15

Compensation for the president & ceo is determined by human resources benchmarking and then reviewed and approved by the board of directors. Other officer and top management compensation is determined by human resource benchmarking, market circumstances and with final decision by the president & ceo.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy, or financial statemens available to the public.

Filing and Contact Details

Filer

EIN
41-0434680
Phone
6512222508

Signing Officer

Name
Mary Hennessy
Title
President & CEO
Phone
6512222508
Signed
2015-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Hennessy
Formed
1912
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
80
Volunteers
100

Preparer

Preparer
Lisa Desotelle CPA
Phone
9525483400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Income tax provision -15,700.

Financial Statement Notes

PART X, LINE 2:

Ifai and tfa are required to assess whether it is more likely than not that a tax position will be sustained upon examination of the technical merits of the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more-likely-than-not recognition threshold, the benefit of that position is not recognized in the financial statements. Ifai has determined there are no amounts to record as assets or liabilities related to uncertain tax positions. Federal returns for the tax years ended in 2011 and beyond remain subject to examination by the internal revenue service.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of goods sold -4,878.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 4,878.

Raw XML AppendixShowing 400 of 622 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT L ROSANIA
IRS990/Form990PartVIISectionAGrp/PersonNm12KEVIN YONCE
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER F MCKERNAN
IRS990/Form990PartVIISectionAGrp/PersonNm14MARY HENNESSY
IRS990/Form990PartVIISectionAGrp/PersonNm15DAN MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm16TODD LINDEMANN
IRS990/Form990PartVIISectionAGrp/PersonNm17SUSAN NIEMI
IRS990/Form990PartVIISectionAGrp/PersonNm18STEPHEN M WARNER
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14203622
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1570362
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16116403
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17104270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18104803
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (THRU OCTOBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt101ST VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt112ND VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12IMMEDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13PAST CHAIR (THRU OCTOBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP OF FINANCE/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17STRATEGIC CONSULTANT
IRS990/Form990PartVIISectionAGrp/TitleTxt18FORMER PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01912
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0107879
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticOrgsGrp/TotalAmt09100
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0196450
IRS990/GrossReceiptsAmt08841817
IRS990/GrossSalesOfInventoryAmt07101
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0117332
IRS990/InterestGrp/TotalAmt012079
IRS990/InventoriesForSaleOrUseGrp/BOYAmt09403
IRS990/InventoriesForSaleOrUseGrp/EOYAmt012789
IRS990/InvestmentIncomeGrp/ExclusionAmt071910
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt071910
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02547617
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03257795
IRS990/IRPDocumentCnt070
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02306877
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01252362
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01169065
IRS990/LandBldgEquipCostOrOtherBssAmt03475942
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt088571
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt020525
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt020525
IRS990/MissionDesc0IFAI WILL CONTRIBUTE TO THE PROSPERITY OF THE SPECIALTY FABRICS INDUSTRY BY PROVIDING A GLOBAL MARKETPLACE FOR INNOVATIVE PRODUCTS AND SERVICES, RELEVANT EDUCATION, PROMOTION AND NETWORKING OPPORTUNITIES. IFAI WILL ACT WITH INTEGRITY AND PROFESSIONALISM IN PROVIDING A TANGIBLE VALUE TO ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02047512
IRS990/NetAssetsOrFundBalancesEOYAmt02514192
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0107879
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0107879
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt02223
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02223
IRS990/NetUnrelatedBusTxblIncmAmt0-27352
IRS990/NetUnrlzdGainsLossesInvstAmt0110582
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/TotalAmt0309221
IRS990/OfficeExpensesGrp/TotalAmt01412612
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt085972
IRS990/OtherAssetsTotalGrp/EOYAmt095339
IRS990/OtherChangesInNetAssetsAmt0-15700
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0276472
IRS990/OtherExpensesGrp/Desc0EDITORIAL
IRS990/OtherExpensesGrp/Desc1CIRCULATION
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3RESEARCH & EDUCATION
IRS990/OtherExpensesGrp/TotalAmt075453
IRS990/OtherExpensesGrp/TotalAmt115165
IRS990/OtherExpensesGrp/TotalAmt214178
IRS990/OtherExpensesGrp/TotalAmt313060
IRS990/OtherRevenueMiscGrp/BusinessCd0611430
IRS990/OtherRevenueMiscGrp/Desc0INSPECTOR GUIDES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt060000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt060000
IRS990/OtherRevenueTotalAmt080525
IRS990/OtherSalariesAndWagesGrp/TotalAmt03005029
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0331288
IRS990/PensionPlanContributionsGrp/TotalAmt022990
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0282202
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0319978
IRS990/PrincipalOfficerNm0MARY HENNESSY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541800
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ADVERTISING & PUBLICATION
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051208
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12670785
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22113198
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03680051
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12670785
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22113198
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt03628843
IRS990/ProgSrvcAccomActy2Grp/Desc0IFAI EVENTS INCLUDE: IFAI EXPO AMERICA'S, IFAI GEOSYNTHETICS EXPO AND ADVANCED TEXTILES CONFERENCE. OTHER IFAI DIVISION AND COUNTRY EVENTS ARE SPECIFIC TO THE GROUP AND NOT PART OF IFAI GENERAL REVENUES.
IRS990/ProgSrvcAccomActy3Grp/Desc0IFAI PUBLISHES FOUR TRADE MAGAZINES ALONG WITH A MEMBER DIRECTORY, BUYER'S GUIDES AND EXPOSITION GUIDES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0124159
IRS990/PYOtherExpensesAmt04776531
IRS990/PYOtherRevenueAmt057639
IRS990/PYProgramServiceRevenueAmt09336759
IRS990/PYRevenuesLessExpensesAmt0651354
IRS990/PYSalariesCompEmpBnftPaidAmt04090672
IRS990/PYTotalExpensesAmt08867203
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09518557
IRS990/ReconcilationRevenueExpnssAmt0371798
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt021797
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt021797
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0911338
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0613188
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt0316980
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt02113198
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0258832
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0258832
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-58148
IRS990ScheduleD/BuildingsGrp/BookValueAmt0811645
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0637043
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01448688
IRS990ScheduleD/EquipmentGrp/BookValueAmt059462
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0345670
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0405132
IRS990ScheduleD/ExpensesNotReportedAmt04878
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08376570
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0141000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0141000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0110582
IRS990ScheduleD/OtherExpensesIncludedAmt04878
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0156958
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01324164
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01481122
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-4878
IRS990ScheduleD/RevenueNotReportedAmt0110582
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-4878
IRS990ScheduleD/RevenueSubtotalAmt08753246
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IFAI AND TFA ARE REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. IFAI HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. FEDERAL RETURNS FOR THE TAX YEARS ENDED IN 2011 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD -4,878.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD 4,878.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:

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.$9.63$5.46$4.17$9.21$8.99$0.23
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.61$5.92$3.69$8.36$8.63$0.27
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.98$5.56$3.42$7.65$8.16$0.51
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.91$4.21$3.70$8.26$7.57$0.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.63$5.20$3.43$5.95$6.17$0.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.08$4.40$3.68$7.97$8.05$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.65$3.85$3.80$8.83$8.88$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.95$3.98$3.97$8.10$8.48$0.38
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.06$4.86$3.20$9.99$9.60$0.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.31$4.76$2.55$8.84$8.75$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$4.47$2.82$9.00$8.57$0.43
2014Detailed filing. Detailed filing data is available for this year.$6.36$3.84$2.51$8.75$8.38$0.37
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.47$4.42$2.05$9.52$8.87$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.96$4.80$1.16$8.57