Forging Industry Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,874,069 | 2,975,341 | −101,272 | 9.4 | 25% |
| 2013 | 3,270,961 | 2,966,854 | 304,107 | 10.9 | 26% |
| 2014 | 2,181,566 | 2,469,923 | −288,357 | 12.1 | 29% |
| 2015 | 3,494,687 | 2,977,921 | 516,766 | 11.8 | 26% |
| 2016 | 2,155,966 | 2,223,418 | −67,452 | 14.8 | 29% |
| 2017 | 3,394,110 | 2,534,072 | 860,038 | 18.0 | 26% |
| 2018 | 2,092,295 | 2,090,185 | 2,110 | 22.1 | 28% |
| 2019 | 3,697,115 | 2,852,905 | 844,210 | 19.5 | 29% |
| 2020 | 1,790,723 | 2,100,447 | −309,724 | 25.6 | 36% |
| 2021 | 1,669,919 | 1,726,189 | −56,270 | 35.0 | 40% |
| 2022 | 4,525,917 | 3,245,633 | 1,280,284 | 19.4 | 23% |
| 2023 | 4,603,363 | 4,411,554 | 191,809 | 14.3 | 22% |
In its most recent public year (2023), this organization brought in $191,809 more than it spent. Its reserves stood at about 14.3 months of spending, up from 9.4 in 2012. Staff pay was 22% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Forging Industry Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works