SCommunity Improvement & Capacity BuildingEIN: 346556992· Ruling Year: 1964

Forging Industry Educational And Research Foundation

Independence, Ohio

A-Health Score
84A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$544K
Total Revenue
📊
$421K
Total Expenses
🏦
$3.0M
Net Assets
📋
$118K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.3%
Year-over-year change (2022 → 2023)
Net Margin
+22.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.20
Net assets divided by total expenses
Liabilities-to-Assets
3.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$543,68635%$421,26732%$3,152,0973%
2022$840,230201%$318,30968%$3,075,0758%
2021$279,24916%$190,01651%$3,358,37120%
2020$333,39730%$386,0368%$2,803,9552%
2019$473,70112%$420,76232%$2,759,070
2018$540,90925%$317,8163%$2,755,1807%
2017$432,008145%$309,36657%$2,577,12312%
2016$176,54571%$197,50640%$2,302,9093%
2015$608,45052%$327,28234%$2,374,02014%
2014$400,09018%$245,04117%$2,081,15616%
2013$339,96742%$209,69430%$1,792,9069%
2012$238,804$299,215$1,641,335

Frequently Asked Questions

What does Forging Industry Educational And Research Foundation do?

Forging Industry Educational And Research Foundation is a community improvement & capacity building nonprofit organization based in Ohio. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Forging Industry Educational And Research Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Forging Industry Educational And Research Foundation has a score of 84/100 (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 Educational And Research Foundation generate?

Forging Industry Educational And Research Foundation reports $453K in annual revenue and holds $3.7M in total assets, based on IRS filings.

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