Civic Intelligence

Industrial Fabrics Assoc International

990 • Fiscal year 2020 • EIN 41-0434680

Jun 01, 2019 to May 31, 2020 • Filed on Oct 07, 2020

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

84th percentile

0.54x

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

2020 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.55x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2020

Net Margin

31st percentile

-1.0%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

36th percentile

$221,279

Higher top officer pay than 36% of similar nonprofits.

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

2020 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2020

Asset Growth

54th percentile

5.7%

Faster asset growth than 54% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-9.7%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$8,081,167

Up $433,389 (+5.7%) from 2019

Net Assets

Down

$3,683,347

Down $117,740 (-3.1%) from 2019

Liabilities

Up

$4,397,820

Up $551,129 (+14%) from 2019

Revenue

Down

$7,972,494

Down $856,146 (-9.7%) from 2019

Expenses

Down

$8,050,348

Down $830,125 (-9.3%) from 2019

Net Income

Down

-$77,854

Down $26,021 (-50%) from 2019

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

2020

Assets$8,081,167
Liabilities$4,397,820
Net Assets$3,683,347

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

2020

Revenue$7,972,494
Expenses$8,050,348
Net Income-$77,854
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Oct 7, 2020
Return Version
2019v5.1
Gross Receipts
$9,070,367
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$4,059,215$3,708,624▼ $350,591
Land, Buildings, and Equipment, Net$2,203,509$2,135,264▼ $68,245
Cash and Non-Interest-Bearing Accounts$171,238$963,326▲ $792,088
Prepaid Expenses and Deferred Charges$567,212$552,217▼ $14,995
Accounts Receivable$498,571$518,842▲ $20,271
Savings and Temporary Cash Investments$24,160$26,322▲ $2,162
Inventories for Sale or Use$27,773$23,572▼ $4,201
Total Assets$7,647,778$8,081,167▲ $433,389
Other Assets Total$96,100$153,000▲ $56,900
Liabilities
Deferred Revenue$3,048,948$2,798,883▼ $250,065
Mortgage Notes Payable Secured by Investment Property-$750,000-
Accounts Payable and Accrued Expenses$610,942$498,741▼ $112,201
Other Liabilities$183,662$156,470▼ $27,192
Unsecured Notes Loans Payable-$150,000-
Grants Payable$3,139$43,726▲ $40,587
Total Liabilities$3,846,691$4,397,820▲ $551,129
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,801,087$3,683,347▼ $117,740
Total Net Assets Fund Balance$3,801,087$3,683,347▼ $117,740
Total Liabilities and Net Assets / Fund Balance$7,647,778$8,081,167▲ $433,389

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$998,536$1,017,217$2,015,753
Other Land Buildings$632,885$460,164$1,093,049
Equipment$362,843$692,302$1,055,145
Land$141,000-$141,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve SchiffmanPresident and CEOFT$171,346$49,933$221,279
Amy CollinsDirector Marketing & DesignFT$121,829-$121,829
Sheila SumnerVP Finance & AdminFT$113,776$7,157$120,933
Andrew AhoVP OperationsFT$86,161$7,008$93,169
Kathy Schaefer1st Vice Chairman/chairman-$6,000-$6,000
Steven EllingtonChairman/immediate Past Chairman-$6,000-$6,000

Board Members and Trustees

NameTitle
Katie BradfordPast Chair
Amy Bircher2nd Vice Chairmain/1st Vice Chairman
Roy Chism2nd Vice Chairman
Brian RowinskiDirector
Craig ZolaDirector
David SegalDirector
Dennis BuekerDirector
Jonathan PalmerDirector
Keith GardnerDirector
Marc ShellshearDirector
Ron HouleDirector
Scott MasseyDirector
William MorseDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Royle Printing CoPublishing Services745 BIRD STREET, Sun Prairie, WI 53590$441,413
Whitmer & Worrall LLCLobbying Services1901 PENNSYLVANIA AVENUE NORTHWEST, Washington, DC 20006$244,792
Marsden Building Maintenance LLCMaintenance Services1717 UNIVERSITY AVE W, St Paul, MN 55114$219,577
Freeman CompaniesEvent FacilitationPO BOX 650036, Dallas, TX 75265$165,419
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,622,780
Investment Income
$200,328
Other Revenue
$149,386
Change in Net Assets
$-77,854

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,943,118
Revenue Not Reported on Financial Statements
$29,376
Revenue Not Reported on Form 990
$-35,684
Total Revenue per Audited Statements
$7,907,434
Total Revenue per Form 990
$7,972,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,388,107
Other Expenses$3,662,200
Grants and Similar Amounts Paid$41
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,149,500
Conferences and Meetings---$968,793
Other Employee Benefits---$465,115
Occupancy---$448,357
Current Officers, Directors, Trustees, and Key Employees---$438,334
Fees for Services Other---$311,755
Fees for Services Lobbying---$297,008
Payroll Taxes---$271,190
Travel---$245,076
Depreciation Depletion---$223,836
Advertising---$142,572
Office Expenses---$102,259
Other Expenses---$96,692
Information Technology---$73,088
Insurance---$67,508
Pension Plan Contributions---$63,968
Fees for Service Investment Mgmnt Fees---$29,376
Fees for Services Accounting---$18,553
Fees for Services Legal---$8,594
Interest---$6,500
Grants to Domestic Individuals---$41
Total Functional Expenses$0$0$0$8,050,348

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,050,348
Total Expenses per Audited Statements$8,025,174
Expenses per Audited Statements$8,020,972
Expenses Not Reported on Financial Statements$29,376
Expenses Not Reported on Form 990$4,202
International Activity

International Summary

Offices
0
Employees
0
Spending
$61,822

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
East Asia and the PacificProgram ServicesConsultant and Selling Fees00$61,822
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
Total Nondeductible Lobbying and Political Cost$350,343
Current Year Nondeductible Lobbying and Political Cost$297,008
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Solar Lease Liability$125,125
Customer Deposits$31,345
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 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
No
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. During the february or march board meeting, the policy is reviewed and acknowledged by the board as a whole. Conflicts of interest are brought to the ceo, then reviewed by other "disinterested" board members and a determination is made at that time. Resolutions vary from not being able to vote to being removed from the board.

Form 990, Part VI, Section B, Line 15A

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 2019. 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 2019.

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
2020-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Schiffman
Formed
1922
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
74
Volunteers
80

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
John Tauer
Phone
6123764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Loss on operations due to covid-19 -44,199.

Form 990, Part XI, Line 2C

The process for overseeing and selecting an independent accountant has not changed from the prior year.

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 4,202. Loss on operations due to covid -44,199.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 4,202.

Raw XML AppendixShowing 400 of 618 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/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE SCHIFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1AMY COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm2SHEILA SUMNER
IRS990/Form990PartVIISectionAGrp/PersonNm3ANDREW AHO
IRS990/Form990PartVIISectionAGrp/PersonNm4KATHY SCHAEFER
IRS990/Form990PartVIISectionAGrp/PersonNm5AMY BIRCHER
IRS990/Form990PartVIISectionAGrp/PersonNm6ROY CHISM
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVEN ELLINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm8KATIE BRADFORD
IRS990/Form990PartVIISectionAGrp/PersonNm9DENNIS BUEKER
IRS990/Form990PartVIISectionAGrp/PersonNm10KEITH GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm11RON HOULE
IRS990/Form990PartVIISectionAGrp/PersonNm12SCOTT MASSEY
IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIAM MORSE
IRS990/Form990PartVIISectionAGrp/PersonNm14JONATHAN PALMER
IRS990/Form990PartVIISectionAGrp/PersonNm15BRIAN ROWINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVID SEGAL
IRS990/Form990PartVIISectionAGrp/PersonNm17MARC SHELLSHEAR
IRS990/Form990PartVIISectionAGrp/PersonNm18CRAIG ZOLA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0213436
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1121829
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2113776
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt386161
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt46000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
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/TitleTxt0PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR MARKETING & DESIGN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP FINANCE & ADMIN
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt41ST VICE CHAIRMAN/CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt52ND VICE CHAIRMAIN/1ST VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt62ND VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN/IMMEDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01922
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-76307
IRS990/GainOrLossGrp/SecuritiesAmt0187237
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsPayableGrp/BOYAmt03139
IRS990/GrantsPayableGrp/EOYAmt043726
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt041
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01204601
IRS990/GrossReceiptsAmt09070367
IRS990/GrossSalesOfInventoryAmt021970
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt073088
IRS990/InsuranceGrp/TotalAmt067508
IRS990/InterestGrp/TotalAmt06500
IRS990/InventoriesForSaleOrUseGrp/BOYAmt027773
IRS990/InventoriesForSaleOrUseGrp/EOYAmt023572
IRS990/InvestmentIncomeGrp/ExclusionAmt089398
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt089398
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04059215
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03708624
IRS990/IRPDocumentCnt046
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02169683
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02203509
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02135264
IRS990/LandBldgEquipCostOrOtherBssAmt04304947
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt076307
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01017364
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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/MortgNotesPyblScrdInvstPropGrp/EOYAmt0750000
IRS990/NetAssetsOrFundBalancesBOYAmt03801087
IRS990/NetAssetsOrFundBalancesEOYAmt03683347
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0110930
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0110930
IRS990/NetIncomeOrLossGrp/ExclusionAmt01370
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt017768
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt016398
IRS990/NetUnrelatedBusTxblIncmAmt03303
IRS990/NetUnrlzdGainsLossesInvstAmt04313
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03801087
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03683347
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0448357
IRS990/OfficeExpensesGrp/TotalAmt0102259
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt096100
IRS990/OtherAssetsTotalGrp/EOYAmt0153000
IRS990/OtherChangesInNetAssetsAmt0-44199
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0465115
IRS990/OtherExpensesGrp/Desc0EDITORIAL & PRODUCTION
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0622233
IRS990/OtherExpensesGrp/TotalAmt196692
IRS990/OtherLiabilitiesGrp/BOYAmt0183662
IRS990/OtherLiabilitiesGrp/EOYAmt0156470
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0118972
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0118972
IRS990/OtherRevenueTotalAmt0118972
IRS990/OtherSalariesAndWagesGrp/TotalAmt03149500
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0271190
IRS990/PensionPlanContributionsGrp/TotalAmt063968
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0567212
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0552217
IRS990/PrincipalOfficerNm0STEVE SCHIFFMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1541800
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0TRADE SHOWS
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING & PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3DIVISION/COUNTY EVENTS
IRS990/ProgramServiceRevenueGrp/Desc4ANCILLARY PROGRAMS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0205610
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02941578
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11424444
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2304922
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03147188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12745016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21424444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3304922
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41210
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02745016
IRS990/ProgSrvcAccomActy2Grp/Desc0TRADE SHOWS - IFAI EVENTS INCLUDE THE IFAI EXPO, IFAI GEOSYNTHETICS EXPO AND WOMENS CONFERENCE. OTHER IFAI DIVISION AND COUNTRY EVENTS ARE SPECIFIC TO THE COST CENTER. IFAI HELD 6 TRADE SHOWS THROUGHOUT FY20.
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. IFAI PUBLISHED 32 ISSUES AND 6 PUBLICATIONS IN FY20.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt014000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0228689
IRS990/PYOtherExpensesAmt04415166
IRS990/PYOtherRevenueAmt034449
IRS990/PYProgramServiceRevenueAmt08551502
IRS990/PYRevenuesLessExpensesAmt0-51833
IRS990/PYSalariesCompEmpBnftPaidAmt04465307
IRS990/PYTotalExpensesAmt08880473
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08828640
IRS990/ReconcilationRevenueExpnssAmt0-77854
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt012646
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt012646
IRS990/SavingsAndTempCashInvstGrp/BOYAmt024160
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026322
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt0356111
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt01424444
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt053335
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0297008
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0350343
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-5768

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
2020Detailed filing. Detailed filing data is available for this year.$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
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