Civic Intelligence

American Fence Association Inc

EIN 95-6155654 • 501(c)6 • The Colony, TX

Profile

To benefit the fence, deck and railing industry, as well as the consumer, by promoting the highest levels of professionalism, ethics and product standards by disseminating information and educating its members.

3751 Main St Suite 600 373The Colony, TX 75056

www.americanfenceassociation.com

Siviq Scores

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

Liabilities / Assets

85th percentile

0.58x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.78x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

50th percentile

4.6%

Higher net margin than 50% of similar nonprofits.

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

Top Officer Pay

38th percentile

$226,815

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

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

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

86th percentile

23%

Faster revenue growth than 86% of similar nonprofits.

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

Assets

Up

$7,302,973

Up $873,995 (+14%) from 2023

Liabilities

Up

$4,220,963

Up $627,365 (+17%) from 2023

Net Assets

Up

$3,082,010

Up $246,630 (+8.7%) from 2023

Revenue

Up

$5,401,064

Up $1,026,433 (+23%) from 2023

Expenses

Up

$5,154,434

Up $1,256,148 (+32%) from 2023

Net Income

Down

$246,630

Down $229,715 (-48%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,812,233Liabilities 2010: $1,803,393Net Assets 2010: $1,008,8402010Assets 2011: $2,518,450Liabilities 2011: $1,629,813Net Assets 2011: $888,6372011Assets 2012: $2,165,425Liabilities 2012: $1,355,869Net Assets 2012: $809,5562012Assets 2013: $1,456,116Liabilities 2013: $813,823Net Assets 2013: $642,2932013Assets 2014: $2,221,847Liabilities 2014: $1,886,064Net Assets 2014: $335,7832014Assets 2015: $2,525,437Liabilities 2015: $2,005,739Net Assets 2015: $519,6982015Assets 2016: $2,733,941Liabilities 2016: $2,171,190Net Assets 2016: $562,7512016Assets 2017: $2,829,353Liabilities 2017: $2,202,714Net Assets 2017: $626,6392017Assets 2018: $3,083,073Liabilities 2018: $2,350,259Net Assets 2018: $732,8142018Assets 2019: $3,678,542Liabilities 2019: $2,215,020Net Assets 2019: $1,463,5222019Assets 2020: $3,093,607Liabilities 2020: $915,340Net Assets 2020: $2,178,2672020Assets 2021: $3,974,848Liabilities 2021: $2,139,806Net Assets 2021: $1,835,0422021Assets 2022: $5,269,026Liabilities 2022: $2,909,991Net Assets 2022: $2,359,0352022Assets 2023: $6,428,978Liabilities 2023: $3,593,598Net Assets 2023: $2,835,3802023Assets 2024: $7,302,973Liabilities 2024: $4,220,963Net Assets 2024: $3,082,0102024

Highlighted filing

2024

Assets$7,302,973
Liabilities$4,220,963
Net Assets$3,082,010

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,247,8992010Revenue 2011: $3,006,291Expenses 2011: $3,128,858Net Income 2011: -$122,5672011Expenses 2012: $2,844,5662012Revenue 2013: $2,331,401Expenses 2013: $2,498,357Net Income 2013: -$166,9562013Revenue 2014: $2,494,124Expenses 2014: $2,801,703Net Income 2014: -$307,5792014Revenue 2015: $2,837,962Expenses 2015: $2,635,564Net Income 2015: $202,3982015Revenue 2016: $2,727,836Expenses 2016: $2,684,783Net Income 2016: $43,0532016Revenue 2017: $2,650,703Expenses 2017: $2,586,815Net Income 2017: $63,8882017Revenue 2018: $2,955,284Expenses 2018: $2,849,109Net Income 2018: $106,1752018Revenue 2019: $3,641,653Expenses 2019: $2,910,945Net Income 2019: $730,7082019Revenue 2020: $3,153,751Expenses 2020: $2,439,006Net Income 2020: $714,7452020Revenue 2021: $1,672,874Expenses 2021: $2,016,099Net Income 2021: -$343,2252021Revenue 2022: $3,675,576Expenses 2022: $2,834,723Net Income 2022: $840,8532022Revenue 2023: $4,374,631Expenses 2023: $3,898,286Net Income 2023: $476,3452023Revenue 2024: $5,401,064Expenses 2024: $5,154,434Net Income 2024: $246,6302024

Highlighted filing

2024

Revenue$5,401,064
Expenses$5,154,434
Net Income$246,630

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.30$4.22$3.08$5.40$5.15$0.25
2023Detailed filing. Detailed filing data is available for this year.$6.43$3.59$2.84$4.37$3.90$0.48
2022Detailed filing. Detailed filing data is available for this year.$5.27$2.91$2.36$3.68$2.83$0.84
2021Detailed filing. Detailed filing data is available for this year.$3.97$2.14$1.84$1.67$2.02$0.34
2020Detailed filing. Detailed filing data is available for this year.$3.09$0.92$2.18$3.15$2.44$0.71
2019Detailed filing. Detailed filing data is available for this year.$3.68$2.22$1.46$3.64$2.91$0.73
2018Detailed filing. Detailed filing data is available for this year.$3.08$2.35$0.73$2.96$2.85$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.83$2.20$0.63$2.65$2.59$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.73$2.17$0.56$2.73$2.68$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.53$2.01$0.52$2.84$2.64$0.20
2014Detailed filing. Detailed filing data is available for this year.$2.22$1.89$0.34$2.49$2.80$0.31
2013Detailed filing. Detailed filing data is available for this year.$1.46$0.81$0.64$2.33$2.50$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$1.36$0.81$2.84
2011Summary only. Only limited summary data is available for this year.$2.52$1.63$0.89$3.01$3.13$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$1.80$1.01$3.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$5,401,064
Mission and Program Overview

Mission

To benefit the fence, deck and railing industry, as well as the consumer, by promoting the highest levels of professionalism, ethics and product standards by disseminating information and educating its members.

Education, certification, and networking for members in fence, deck and railing industries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,945,698$3,542,033▲ $1,596,335
Cash and Non-Interest-Bearing Accounts$3,295,914$2,506,457▼ $789,457
Prepaid Expenses and Deferred Charges$988,980$856,252▼ $132,728
Accounts Receivable$116,849$321,988▲ $205,139
Land, Buildings, and Equipment, Net$77,237$52,059▼ $25,178
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$6,428,978$7,302,973▲ $873,995
Other Assets Total$4,300$24,184▲ $19,884
Liabilities
Deferred Revenue$3,154,210$3,607,848▲ $453,638
Accounts Payable and Accrued Expenses$323,376$613,115▲ $289,739
Other Liabilities$116,012--
Total Liabilities$3,593,598$4,220,963▲ $627,365
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,835,380$3,082,010▲ $246,630
Total Net Assets Fund Balance$2,835,380$3,082,010▲ $246,630
Total Liabilities and Net Assets / Fund Balance$6,428,978$7,302,973▲ $873,995

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$52,059$141,315$193,374
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael ReedExecutive DirectorFT$220,209$6,606$226,815
Catherine Mills-ReynoldsDirector Gov/IndustryFT$152,396$4,572$156,968
Nick RikeDirector prof DevFT$150,104$1,501$151,605

Board Members and Trustees

NameTitle
Brad HowardPresident
Mckay Lundgrenpresident elect
Ben JodoinDirector
Bobby BatchelorDirector
Ed GrauseDirector
Essam ChoudharyDirector
Jon MccoyDirector
Lori SmithDirector
Luke BaileyDirector
Randy BecnelDirector
Scott GalpinDirector
Scott MeckesDirector
Shelby KellandDirector
Zach Eichenberger ThruDirector
Jesus NietoSecretary
Ken ThrockmortonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fusion MarketingManagement Services425 N New Ballas Road, Louis, MO 63141$649,654
Music City CenterFacility Rental201 Rep John Lewis Way S, Nashville, TN 37203$538,136
Show Gear Productions IncAV - Conference30312 Esperanza, Rancho Santa Margari, CA 92688$190,344
Hilton ArlingtonHospitality2401 E LAMAR BLVD, Arlington, TX 76006$181,356
The Expo Group LLCManagement Services5931 Campus Cir Dr W, Irving, TX 75063$174,902
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,239,163
Investment Income
$146,375
Other Revenue
$15,526
Change in Net Assets
$246,630
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,562,817
Salaries, Compensation, and Employee Benefits$591,617
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,773,632
Fees for Services Management---$1,348,759
Travel---$331,536
Other Salaries and Wages---$327,425
Current Officers, Directors, Trustees, and Key Employees---$226,815
Information Technology---$199,594
Office Expenses---$144,591
Fees for Services Other---$82,820
Advertising---$81,831
Insurance---$54,443
Fees for Services Legal---$49,288
Depreciation Depletion---$38,818
Payroll Taxes---$37,377
Other Expenses---$35,000
Total Functional Expenses$0$0$0$5,154,434
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Active members consist of firms, corporations, or business entities that have applied and have been approved by the membership committee. Each active member must designate one individual with the power to vote on behalf of the member. In addition, retired individual members are also granted voting rights. Other classifications of membership, including branch allied, associate, and honorary members, are not permitted to hold elective office or vote on matters before the membership. At all meetings of the membership, no qualifying member shall have more than one vote.

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

Qualifying voting members have the power to elect the organization's directors at the annual board of governors' meeting. The newly elected and incumbent directors then elect the officers among themselves.

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

Members vote on governance decisions at the annual general meeting of members and at any special meeting called by the president or board of directors or upon written request by one-third of the members.

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

The organization provides a copy of the return to all directors for review and approval.

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

Officers, directors, committee members, and employees (interested person) of afa shall submit an annual disclosure statement or updated disclosure statement listing all organizations which will engage in certain business transactions with afa and in which such interested person has a financial interest or acts as a director, consultant, partner, trustee, officer, member of executive committee or empoyee. Any conflict shall preclude the interested person from voting on or participation in consideration of any proposed transaction or other matter related to the conflict. The executive director and president are responsible for the administration of this policy.

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

The board of governors' reviews and approves the executive director's salary and bonus on an annual basis. The executive director's salary is based on due dilligence performed on similar sized organizations and employee responsibilities.

Form 990, Part VI, Section C, Line 19

Governing documents are made available upon written request to the organization's headquarters.

Filing and Contact Details

Filer

Filer Name
American Fence Association Inc
EIN
95-6155654
Phone
8008224342
Address
3751 MAIN ST SUITE 600 373, THE COLONY, TX 75056

Signing Officer

Name
Michael Reed
Title
Executive Director
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Reed
Formed
2003
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
175

Preparer

Firm
Sutton Frost Cary LLP
Address
200 E Front St Suite 200, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The activities of AFA are exempt from federal income taxes under Section 501(c)(6) of the Internal Revenue Code (IRC). However, some activities of AFA are subject to federal income taxes under unrelated business income rules. AFA earns unrelated business income on advertising in Fencepost and AFA Voice publications. For the year ended December 31, 2024, AFA had no income tax related to these activities totaling $36,825. AFAEF is exempt from federal income taxes under Section 501(c)(3) of the IRC and is not a private foundation within the meaning of Section 509(a) of the IRC. Income generated from activities unrelated to the AFAEFs exempt purposes is subject to tax under IRC Section 511. AFAEF had no unrelated business income for the year ended December 31, 2024.GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax returns and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Organization, and has concluded that as of December 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements.

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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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