Forging Industry Association
Independence, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,603,363↑2% | $4,411,554↑36% | $7,204,225↑22% | |
| 2022 | $4,525,917↑171% | $3,245,633↑88% | $5,925,128↓8% | — |
| 2021 | $1,669,919↓7% | $1,726,189↓18% | $6,467,181↑41% | — |
| 2020 | $1,790,723↓52% | $2,100,447↓26% | $4,586,645↓6% | — |
| 2019 | $3,697,115↑77% | $2,852,905↑36% | $4,865,011↑22% | — |
| 2018 | $2,092,295↓38% | $2,090,185↓18% | $3,992,502↑3% | — |
| 2017 | $3,394,110↑57% | $2,534,072↑14% | $3,877,800↑28% | — |
| 2016 | $2,155,966↓38% | $2,223,418↓25% | $3,030,256↓11% | — |
| 2015 | $3,494,687↑60% | $2,977,921↑21% | $3,399,130↑13% | — |
| 2014 | $2,181,566↓33% | $2,469,923↓17% | $3,001,936↓1% | — |
| 2013 | $3,270,961↑14% | $2,966,854 | $3,026,255↑3% | — |
| 2012 | $2,874,069 | $2,975,341 | $2,930,421 | — |
Frequently Asked Questions
What does Forging Industry Association do?▼
Forging Industry Association is a unclassified nonprofit organization based in Ohio. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forging Industry Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Forging Industry Association has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Forging Industry Association generate?▼
Forging Industry Association reports $4.7M in annual revenue and holds $7.4M in total assets, based on IRS filings.
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