Inda-association of the Nonwoven Fabrics Industry
Nonprofit profile at a glance
- EIN
- 132619154
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Cary, NC, USA
- Phone
- 9194593700
- Rating confidence
- Limited
Reported finances
- Revenue
- $9,812,094
- Expenses
- $8,133,118
- Assets
- $11,141,507
- Liabilities
- $5,144,854
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- ANTHONY FRAGNITO (PRESIDENT)
Highest reported compensation
- ANTHONY FRAGNITO (PRESIDENT): $469,937 total reported compensation
- MATTHEW O'SICKEY (DIRECTOR OF EDUCATION): $223,326 total reported compensation
- JAMES FISHER (DIRECTOR OF GOVERNMENT AFF): $195,107 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Inda's mission is to foster member and industry success through its activities to:-provide thought leadership and industry competitiveness through the stimulation of innovation and sustainability, recognition of excellence and recording of industry activity.-create positive awareness and trust for the industry and its products by speaking with one voice in active product stewardship, protecting markets that are important to members.-facilitate industry consensus on issues of common interest and be the industry's voice in representing the industry's position.-promote free and fair trade for the benefit of members and consumers through involvement in, and shaping of, the regulatory and market environments with special emphasis on the harmonization of global standards.-advance member's commercial interests via face-to-face interaction through industry expositions and events.-enhance member access to new markets through actionable data, international cooperation and outreach.
What it reported doing in 2025
Inda's idea international conference and exposition is a triennial event that focuses on market forecasts and trends of the engineered fabrics industry by region. The conference and exposition is designed to help individuals and companies from all areas of the nonwoven fabrics industry to meet and conduct business in a cost effective manner.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 71
- Accountability: 96
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.9%; rating input score 93; 24th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 17.1%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 1.37; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 15.2%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: -0.5% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 13 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $470K · 18 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.2M reported
- Consistency: 14 of 14 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- High — Sustainability: Officer compensation ratio scored 22/100.