Civic Intelligence

Industrial Fabrics Assoc International

990 • Fiscal year 2018 • EIN 41-0434680

Jun 01, 2017 to May 31, 2018 • Filed on Sep 22, 2018

1801 County Road B WestRoseville, MN 55113

(651) 222-2508

Siviq Scores

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

Liabilities / Assets

79th percentile

0.50x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

72nd percentile

0.49x

Higher debt load relative to revenue than 72% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Net Margin

18th percentile

-4.7%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

39th percentile

$223,682

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Asset Growth

34th percentile

-1.4%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-19%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$7,951,640

Down $112,206 (-1.4%) from 2017

Net Assets

Up

$3,971,634

Up $770,241 (+24%) from 2017

Liabilities

Down

$3,980,006

Down $882,447 (-18%) from 2017

Revenue

Down

$8,099,378

Down $1,890,203 (-19%) from 2017

Expenses

Down

$8,476,488

Down $1,119,426 (-12%) from 2017

Net Income

Down

-$377,110

Down $770,777 (-196%) from 2017

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

2018

Assets$7,951,640
Liabilities$3,980,006
Net Assets$3,971,634

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

2018

Revenue$8,099,378
Expenses$8,476,488
Net Income-$377,110
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Sep 22, 2018
Return Version
2017v2.3
Gross Receipts
$8,702,993
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.

Provide trade association services to the members of the specialty fabrics marketplace.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,258,632$4,229,850▼ $28,782
Land, Buildings, and Equipment, Net$2,259,980$2,138,710▼ $121,270
Prepaid Expenses and Deferred Charges$466,086$548,471▲ $82,385
Accounts Receivable$487,322$460,399▼ $26,923
Cash and Non-Interest-Bearing Accounts$441,581$412,207▼ $29,374
Inventories for Sale or Use$18,012$29,568▲ $11,556
Savings and Temporary Cash Investments$24,233$24,435▲ $202
Total Assets$8,063,846$7,951,640▼ $112,206
Other Assets Total$108,000$108,000→ $0
Liabilities
Deferred Revenue$4,220,906$3,337,981▼ $882,925
Accounts Payable and Accrued Expenses$641,547$642,025▲ $478
Total Liabilities$4,862,453$3,980,006▼ $882,447
Net Assets / Fund Balance
Unrestricted Net Assets$3,201,393$3,971,634▲ $770,241
Total Net Assets Fund Balance$3,201,393$3,971,634▲ $770,241
Total Liabilities and Net Assets / Fund Balance$8,063,846$7,951,640▼ $112,206

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,026,711$856,259$1,882,970
Other Land Buildings$788,711$343,792$1,132,503
Equipment$182,288$551,607$733,895
Land$141,000-$141,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary HennessyFormer President & CEOFT$178,042$45,640$223,682
Steve SchiffmanPresident and CEOFT$130,046$5,053$135,099
Andrew AhoVP OperationsFT$96,501$3,870$100,371
Sheila SumnerVP Finance & AdministrationFT$96,680$2,472$99,152
Martha NaughtonDirector, Marketing, & DesignFT$86,667$2,550$89,217
Katie BradfordImmediate Past Chairman-$6,000-$6,000

Board Members and Trustees

NameTitle
Steven EllingtonChairman of the Board
Scott CampbellImmediate Past Chairman (left 9/27/17)
Kathy Schaefer1st Vice Chairman
Amy Bircher2nd Vice Chairman
Brian RowinskiDirector
Craig ZolaDirector
David SegalDirector
Dennis BuekerDirector
Gifford Del GrandeDirector
Keith GardnerDirector
Roy ChismDirector
Scott MasseyDirector
William MorseDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Hyatt HotelsExpo Services9801 INTERNATIONAL DRIVE, Orlando, FL 32819$554,490
Royle Printing CoPublishing Services745 BIRD STREET, Sun Prairie, WI 53590$502,338
Freeman Decorating CoExpo ServicesPO BOX 650036, Dallas, TX 75265$272,329
Whitmer & Worrall LLCLobbying Services1901 PENNSYLVANIA AVENUE NORTHWEST, Washington, DC 20006$217,546
New Orleans Convention CtrExpo Services900 CONVENTION CENTER BLVD, New Orleans, LA 70130$125,666
Revenue and Support

Revenue Composition

Contributions and Grants
$14,000
Program Service Revenue
$7,863,377
Investment Income
$180,443
Other Revenue
$41,558
All Other Contributions
$14,000
Change in Net Assets
$-377,110

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,068,250
Revenue Not Reported on Financial Statements
$31,128
Revenue Not Reported on Form 990
$175,057
Total Revenue per Audited Statements
$8,243,307
Total Revenue per Form 990
$8,099,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,341,312
Other Expenses$4,135,176
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,877,697
Conferences and Meetings---$1,022,505
Other Expenses---$709,439
Current Officers, Directors, Trustees, and Key Employees---$642,204
Other Employee Benefits---$483,116
Occupancy---$406,454
Fees for Services Other---$359,046
Fees for Services Lobbying---$336,741
Travel---$324,252
Payroll Taxes---$280,217
Depreciation Depletion---$264,171
All Other Expenses---$193,682
Advertising---$172,876
Information Technology---$91,212
Office Expenses---$84,161
Insurance---$79,527
Pension Plan Contributions---$58,078
Fees for Service Investment Mgmnt Fees---$31,128
Fees for Services Accounting---$23,905
Fees for Services Management---$15,500
Fees for Services Legal---$14,655
Interest---$5,922
Total Functional Expenses$0$0$0$8,476,488

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,476,488
Total Expenses per Audited Statements$8,448,327
Expenses per Audited Statements$8,445,360
Expenses Not Reported on Financial Statements$31,128
Expenses Not Reported on Form 990$2,967
International Activity

International Summary

Offices
0
Employees
0
Spending
$38,208

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
North AmericaProgram ServicesConference00$38,208
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$336,741
Total Nondeductible Lobbying and Political Cost$336,741
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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 that is not part of an eligible company or organization. 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 11B

The form 990 is reviewed by the vp finance 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

Board members and the president are covered under the policy. This is monitored annually at nomination/election time.

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. This process was last completed in 2018. Other officer and top management compensation is determined by human resource benchmarking, market circumstances and with final decision by the president & ceo and consideration of the board approved budget. This process was last completed in 2017.

Form 990, Part VI, Section C, Line 19

Annual financial statement is provided to all members post audit.

Filing and Contact Details

Filer

Filer Name
Industrial Fabrics Association
EIN
41-0434680
Phone
6512222508
Address
1801 COUNTY ROAD B WEST, ROSEVILLE, MN 55113
Doing Business As
Ifai

Signing Officer

Name
Steve Schiffman
Title
President & CEO
Phone
6512222508
Signed
2018-09-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Schiffman
Formed
1912
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
73
Volunteers
100

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
John Tauer
Phone
6123764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Restatement of prior period net assets 975,261.

Financial Statement Notes

PART X, LINE 2:

Ifai is exempt from federal income taxes under section 501(c)(6) of the internal revenue code, except on net income derived from unrelated business activities. Ifai engages in advertising for its publications and website. These activities are considered unrelated business activities and are subject to taxation. Ifai assesses whether it is more likely than not that a tax position will be sustained upon examination of the technical merits or 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 the tax position is not recognized in the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 2,967.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 2,967.

Raw XML AppendixShowing 400 of 603 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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt141595
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt152472
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt163870
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt175053
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt182550
IRS990/Form990PartVIISectionAGrp/PersonNm0DENNIS BUEKER
IRS990/Form990PartVIISectionAGrp/PersonNm1ROY CHISM
IRS990/Form990PartVIISectionAGrp/PersonNm2KEITH GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm3GIFFORD DEL GRANDE
IRS990/Form990PartVIISectionAGrp/PersonNm4SCOTT MASSEY
IRS990/Form990PartVIISectionAGrp/PersonNm5WILLIAM MORSE
IRS990/Form990PartVIISectionAGrp/PersonNm6BRIAN ROWINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID SEGAL
IRS990/Form990PartVIISectionAGrp/PersonNm8CRAIG ZOLA
IRS990/Form990PartVIISectionAGrp/PersonNm9STEVEN ELLINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm10KATHY SCHAEFER
IRS990/Form990PartVIISectionAGrp/PersonNm11AMY BIRCHER
IRS990/Form990PartVIISectionAGrp/PersonNm12KATIE BRADFORD
IRS990/Form990PartVIISectionAGrp/PersonNm13SCOTT CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm14MARY HENNESSY
IRS990/Form990PartVIISectionAGrp/PersonNm15SHEILA SUMNER
IRS990/Form990PartVIISectionAGrp/PersonNm16ANDREW AHO
IRS990/Form990PartVIISectionAGrp/PersonNm17STEVE SCHIFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm18MARTHA NAUGHTON
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/ReportableCompFromOrgAmt126000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14222087
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1596680
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1696501
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17130046
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1886667
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
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt101ST VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt112ND VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12IMMEDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13IMMEDIATE PAST CHAIRMAN (LEFT 9/27/17)
IRS990/Form990PartVIISectionAGrp/TitleTxt14FORMER PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP FINANCE & ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR, MARKETING, & DESIGN
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01912
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-16
IRS990/GainOrLossGrp/SecuritiesAmt099368
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0700000
IRS990/GrossReceiptsAmt08702993
IRS990/GrossSalesOfInventoryAmt05593
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt091212
IRS990/InsuranceGrp/TotalAmt079527
IRS990/InterestGrp/TotalAmt05922
IRS990/InventoriesForSaleOrUseGrp/BOYAmt018012
IRS990/InventoriesForSaleOrUseGrp/EOYAmt029568
IRS990/InvestmentIncomeGrp/ExclusionAmt081091
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt081091
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04258632
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04229850
IRS990/IRPDocumentCnt051
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01751658
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02259980
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02138710
IRS990/LandBldgEquipCostOrOtherBssAmt03890368
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt016
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0600632
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt035122
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt035122
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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03201393
IRS990/NetAssetsOrFundBalancesEOYAmt03971634
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt099352
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt099352
IRS990/NetIncomeOrLossGrp/ExclusionAmt02626
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02626
IRS990/NetUnrelatedBusTxblIncmAmt0-29820
IRS990/NetUnrlzdGainsLossesInvstAmt0172090
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0406454
IRS990/OfficeExpensesGrp/TotalAmt084161
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0108000
IRS990/OtherAssetsTotalGrp/EOYAmt0108000
IRS990/OtherChangesInNetAssetsAmt0975261
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0483116
IRS990/OtherExpensesGrp/Desc0EDITORIAL AND PRODUCTIO
IRS990/OtherExpensesGrp/TotalAmt0709439
IRS990/OtherRevenueTotalAmt035122
IRS990/OtherSalariesAndWagesGrp/TotalAmt02877697
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0280217
IRS990/PensionPlanContributionsGrp/TotalAmt058078
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0466086
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0548471
IRS990/PrincipalOfficerNm0STEVE SCHIFFMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1541800
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING & PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3ANCILLARY PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03093330
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11806288
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt246843
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03093330
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12916916
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21806288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt346843
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02916916
IRS990/ProgSrvcAccomActy2Grp/Desc0CONFERENCES - IFAI EVENTS INCLUDE THE IFAI EXPO, IFAI GEOSYNTHETICS EXPO AND WOMENS CONFERENCE. OTHER IFAI DIVISION AND COUNTRY EVENTS ARE SPECIFIC TO THE COST CENTER.
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLICATIONS - IFAI PUBLISHES FOUR TRADE MAGAZINES ALONG WITH A MEMBER DIRECTORY, BUYER'S GUIDES AND EXPOSITION GUIDES. THE ORGANIZATION HAS ALSO EXPANDED INTO DIGITAL PUBLICATIONS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0126128
IRS990/PYOtherExpensesAmt05366830
IRS990/PYOtherRevenueAmt080278
IRS990/PYProgramServiceRevenueAmt09783175
IRS990/PYRevenuesLessExpensesAmt0393667
IRS990/PYSalariesCompEmpBnftPaidAmt04229084
IRS990/PYTotalExpensesAmt09595914
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09989581
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-377110
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt03810
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt03810
IRS990/SavingsAndTempCashInvstGrp/BOYAmt024233
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024435
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AggregateReportedDuesNtcAmt0213495
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt0123246
IRS990ScheduleC/DuesAssessmentsAmt01423299
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0336741
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0336741
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01026711
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0856259
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01882970
IRS990ScheduleD/EquipmentGrp/BookValueAmt0182288
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0551607
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0733895
IRS990ScheduleD/ExpensesNotReportedAmt02967
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt031128

Document Assets

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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
2018Detailed filing. Detailed filing data is available for this year.$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
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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