Civic Intelligence

American Gear Manufacturers Association

EIN 53-0218918 • 501(c)6 • Alexandria, VA

View Organization Page

Profile

Agma is the global network for technical standards, education, and business information for manufacturing, suppliers, and users of mechanical power transmission components.

1001 North Fairfax StAlexandria, VA 22314

www.agma.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.45x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.40x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

12th percentile

-11%

Higher net margin than 12% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$359,978

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

13th percentile

-6.9%

Faster asset growth than 13% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-18%

Faster revenue growth than 8% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$4,780,329

Down $353,686 (-6.9%) from 2023

Liabilities

Up

$2,150,183

Up $237,279 (+12%) from 2023

Net Assets

Down

$2,630,146

Down $590,965 (-18%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin12th percentile

Revenue

Down

$5,442,003

Down $1,194,058 (-18%) from 2023

Expenses

Down

$6,033,555

Down $770,673 (-11%) from 2023

Net Income

Down

-$591,552

Down $423,385 (-252%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $5,722,489Liabilities 2010: $3,918,705Net Assets 2010: $1,803,7842010Assets 2011: $5,433,744Liabilities 2011: $3,454,298Net Assets 2011: $1,979,4462011Assets 2012: $5,295,752Liabilities 2012: $3,186,777Net Assets 2012: $2,108,9752012Assets 2013: $5,289,399Liabilities 2013: $2,409,335Net Assets 2013: $2,880,0642013Assets 2014: $5,471,203Liabilities 2014: $2,393,418Net Assets 2014: $3,077,7852014Assets 2015: $5,681,842Liabilities 2015: $2,053,422Net Assets 2015: $3,628,4202015Assets 2016: $5,312,826Liabilities 2016: $1,846,003Net Assets 2016: $3,466,8232016Assets 2017: $5,207,902Liabilities 2017: $1,364,394Net Assets 2017: $3,843,5082017Assets 2018: $5,317,570Liabilities 2018: $2,025,430Net Assets 2018: $3,292,1402018Assets 2019: $5,007,344Liabilities 2019: $1,526,485Net Assets 2019: $3,480,8592019Assets 2020: $5,478,410Liabilities 2020: $1,844,005Net Assets 2020: $3,634,4052020Assets 2021: $5,822,621Liabilities 2021: $1,663,168Net Assets 2021: $4,159,4532021Assets 2022: $5,628,628Liabilities 2022: $2,400,549Net Assets 2022: $3,228,0792022Assets 2023: $5,134,015Liabilities 2023: $1,912,904Net Assets 2023: $3,221,1112023Assets 2024: $4,780,329Liabilities 2024: $2,150,183Net Assets 2024: $2,630,1462024

Highlighted filing

2024

Assets$4,780,329
Liabilities$2,150,183
Net Assets$2,630,146
Open 2024 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,913,6722010Revenue 2011: $3,884,688Expenses 2011: $3,709,026Net Income 2011: $175,6622011Revenue 2012: $3,263,511Expenses 2012: $3,133,982Net Income 2012: $129,5292012Revenue 2013: $4,637,092Expenses 2013: $3,866,003Net Income 2013: $771,0892013Revenue 2014: $3,408,717Expenses 2014: $3,210,996Net Income 2014: $197,7212014Revenue 2015: $4,821,176Expenses 2015: $4,270,541Net Income 2015: $550,6352015Revenue 2016: $3,962,144Expenses 2016: $4,123,741Net Income 2016: -$161,5972016Revenue 2017: $4,990,488Expenses 2017: $4,613,803Net Income 2017: $376,6852017Revenue 2018: $3,330,708Expenses 2018: $3,882,076Net Income 2018: -$551,3682018Revenue 2019: $5,457,453Expenses 2019: $5,268,734Net Income 2019: $188,7192019Revenue 2020: $4,281,734Expenses 2020: $4,128,188Net Income 2020: $153,5462020Revenue 2021: $5,660,730Expenses 2021: $5,135,682Net Income 2021: $525,0482021Revenue 2022: $4,563,023Expenses 2022: $5,494,397Net Income 2022: -$931,3742022Revenue 2023: $6,636,061Expenses 2023: $6,804,228Net Income 2023: -$168,1672023Revenue 2024: $5,442,003Expenses 2024: $6,033,555Net Income 2024: -$591,5522024

Highlighted filing

2024

Revenue$5,442,003
Expenses$6,033,555
Net Income-$591,552
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,780,329
Liabilities
$2,150,183
Net assets
$2,630,146
Revenue
$5,442,003
Expenses
$6,033,555
Net income
-$591,552
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.78$2.15$2.63$5.44$6.03$0.59
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.13$1.91$3.22$6.64$6.80$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.63$2.40$3.23$4.56$5.49$0.93
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.82$1.66$4.16$5.66$5.14$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.48$1.84$3.63$4.28$4.13$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$1.53$3.48$5.46$5.27$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.32$2.03$3.29$3.33$3.88$0.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.21$1.36$3.84$4.99$4.61$0.38
2016Summary only. Only limited summary data is available for this year.$5.31$1.85$3.47$3.96$4.12$0.16
2015Summary only. Only limited summary data is available for this year.$5.68$2.05$3.63$4.82$4.27$0.55
2014Summary only. Only limited summary data is available for this year.$5.47$2.39$3.08$3.41$3.21$0.20
2013Summary only. Only limited summary data is available for this year.$5.29$2.41$2.88$4.64$3.87$0.77
2012Summary only. Only limited summary data is available for this year.$5.30$3.19$2.11$3.26$3.13$0.13
2011Summary only. Only limited summary data is available for this year.$5.43$3.45$1.98$3.88$3.71$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.72$3.92$1.80$2.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 8, 2025
Return Version
2024v5.2
Gross Receipts
$6,016,235
Mission and Program Overview

Mission

AGMA is the global network for technical standards, education and business information for manufacturing, suppliers and users of mechnaical power transmission components.

Agma is the global network for technical standards, education, and business information for manufacturing, suppliers, and users of mechanical power transmission components.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,544,867$2,278,162▼ $266,705
Investments in Publicly Traded Securities$1,291,463$1,325,971▲ $34,508
Intangible Assets$451,500$498,251▲ $46,751
Prepaid Expenses and Deferred Charges$214,573$344,780▲ $130,207
Accounts Receivable$383,653$166,801▼ $216,852
Cash and Non-Interest-Bearing Accounts$161,630$127,115▼ $34,515
Total Assets$5,134,015$4,780,329▼ $353,686
Other Assets Total$86,329$39,249▼ $47,080
Liabilities
Deferred Revenue$1,419,754$1,846,425▲ $426,671
Accounts Payable and Accrued Expenses$373,864$233,892▼ $139,972
Other Liabilities$119,286$69,866▼ $49,420
Total Liabilities$1,912,904$2,150,183▲ $237,279
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,221,111$2,630,146▼ $590,965
Total Net Assets Fund Balance$3,221,111$2,630,146▼ $590,965
Total Liabilities and Net Assets / Fund Balance$5,134,015$4,780,329▼ $353,686

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,722,892$735,333$2,458,225
Leasehold Improvements$494,601$289,009$783,610
Equipment$60,669$428,223$488,892
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Matthew E CrosonPresidentFT$359,978$359,978
Jennifer BlackfordChief Operating OfficerFT$204,892$204,892
Todd PraneisVP, Technical ServicesFT$151,435$151,435
Mary Ellen DoranVP, Emerging TechnologyPT$143,654$143,654
William Randy StottVP, Media ServicesFT$142,502$142,502
Rebecca BrinkleySenior Director, Membership EngagementFT$122,440$122,440
Leah LewisSenior Director, Meetings and EventsFT$114,464$114,464

Board Members and Trustees

NameTitle
Michael CinquemaniChair
Andreas BlindDirector
David HegenbarthDirector
Eric Van RensDirector
Jack ConwayDirector
Jason DaubertDirector
Joe GoralDirector
John J PerrottiDirector
Justin MichaudDirector
Michelle MaddoxDirector
Nicole M WolterDirector
Randy BurdickDirector
Scott YodersDirector
Gregory M SchulteEmeritus
Sara ZimmermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,263,661
Investment Income
$172,036
Other Revenue
$6,306
Change in Net Assets
$-591,552

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,428,734
Revenue Not Reported on Financial Statements
$13,269
Revenue Not Reported on Form 990
$198,020
Total Revenue per Audited Statements
$5,626,754
Total Revenue per Form 990
$5,442,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,364,740
Salaries, Compensation, and Employee Benefits$2,668,815
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,528,596
Current Officers, Directors, Trustees, and Key Employees---$716,305
Other Expenses---$432,278
Office Expenses---$415,205
Depreciation Depletion---$307,337
Other Employee Benefits---$258,553
Travel---$246,146
Payroll Taxes---$165,361
Fees for Services Accounting---$129,725
Advertising---$77,265
Information Technology---$74,940
Insurance---$73,210
Fees for Services Legal---$38,055
Fees for Services Management---$18,633
Fees for Service Investment Mgmnt Fees---$13,269
Total Functional Expenses$0$0$0$6,033,555

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,217,719
Total Expenses per Form 990$6,033,555
Expenses per Audited Statements$6,020,286
Expenses Not Reported on Form 990$197,433
Expenses Not Reported on Financial Statements$13,269
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
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating Lease$41,866
Deposits$28,000
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“A nominating committee will name candidates for each expiring term and report this information to the board of directors. The committee shall interview each candidate, outline the obligations of the office, and secure agreement to service if elected. The ballot listing the nominees will be distributed to the official representative of all company members. The president of agma will count the ballots and report the results at the annual meeting.”

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

“The nominating committee shall offer a complete slate of candidates to the board of directors. The board of directors elects officers to the board.”

Form 990, Part VI, Section B, Line 11B

“The chairman and the treasurer reviewed the form 990 prior to filing.”

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

“The board of directors complete a new conflict of interest policy statement at each annual meeting.”

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

“The executive committee reviews the president's compensation with information gathered from industry publications and a compensation consultant.”

Form 990, Part VI, Section C, Line 19

“The form 990 is made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
American Gear Manufacturers Association
EIN
53-0218918
Phone
7038380054
Address
1001 NORTH FAIRFAX ST, ALEXANDRIA, VA 22314

Signing Officer

Name
Matthew Croson
Title
President
Phone
7038380054
Signed
2025-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Croson
Formed
1916
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
24
Volunteers
15

Preparer

Firm
Renner and Company CPA Pc
Address
700 NORTH FAIRFAX STREET SUITE 400, ALEXANDRIA, VA 22314
Preparer
Andrew E Young CPA
Phone
7035351200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There were no changes made from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business income tax (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits related to uncertain tax positions identified or recorded as liabilities for the year ended december 31, 2024. The organization's policy would be to recognize interest and penalties, if any, on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were assessed or recorded during the year ended december 31, 2024.”

Raw XML AppendixShowing 400 of 608 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/ActivityOrMissionDesc0AGMA IS THE GLOBAL NETWORK FOR TECHNICAL STANDARDS, EDUCATION, AND BUSINESS INFORMATION FOR MANUFACTURING, SUPPLIERS, AND USERS OF MECHANICAL POWER TRANSMISSION COMPONENTS.
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IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CINQUEMANI
IRS990/Form990PartVIISectionAGrp/PersonNm1SARA ZIMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2GREGORY M SCHULTE
IRS990/Form990PartVIISectionAGrp/PersonNm3RANDY BURDICK
IRS990/Form990PartVIISectionAGrp/PersonNm4JOE GORAL
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IRS990/Form990PartVIISectionAGrp/PersonNm8ERIC VAN RENS
IRS990/Form990PartVIISectionAGrp/PersonNm9NICOLE M WOLTER
IRS990/Form990PartVIISectionAGrp/PersonNm10SCOTT YODERS
IRS990/Form990PartVIISectionAGrp/PersonNm11JUSTIN MICHAUD
IRS990/Form990PartVIISectionAGrp/PersonNm12ANDREAS BLIND
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IRS990/Form990PartVIISectionAGrp/PersonNm14JASON DAUBERT
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IRS990/Form990PartVIISectionAGrp/PersonNm18MARY ELLEN DORAN
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM RANDY STOTT
IRS990/Form990PartVIISectionAGrp/PersonNm20LEAH LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm21REBECCA BRINKLEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP, TECHNICAL SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP, EMERGING TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP, MEDIA SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt20SENIOR DIRECTOR, MEETINGS AND EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt21SENIOR DIRECTOR, MEMBERSHIP ENGAGEMENT
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IRS990/ProgSrvcAccomActy2Grp/Desc0AGMA EDUCATION - AGMA IS A PRIMARY SUPPLIER OF TECHNICALLY ORIENTED TRAINING AND EDUCATION, WITH MORE THAN 40 CLASSES HELD ANNUALLY FACE-TO-FACE AND ONLINE. MORE THAN 1,500 INDIVIDUALS TAKE THESE CLASSES, WHICH ARE IACET ACCREDITED.
IRS990/ProgSrvcAccomActy3Grp/Desc0AGMA MOTION & POWER - AGMA MANAGES AND PRODUCES THE MOTION AND POWER TECHNOLOGY EXPO WHICH IS HELD EVERY OTHER YEAR ON THE ODD YEAR IN DETROIT, MI. THE 200+ EXHIBITOR EVENT DRAWS BETWEEN 3,000 AND 4,000 ATTENDEES THAT COVER THE ENTIRE POWER TRANSMISSION SUPPLY CHAIN.
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