International Fastener Machinery Association Inc
Nonprofit profile at a glance
- EIN
- 061387535
- IRS 990-EZ coverage
- 2015–2020
- Forms available
- Form 990 2014, Form 990-EZ 2020
- Location
- Danbury, CT, USA
- Phone
- 2037940444
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Expenses
- $1,667
- Assets
- $1,822
- Liabilities
- $8,275
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- LEE LOUDERMILK (FIRST VICE PRESIDENT)
People named in this filing
- JIM FLANAGAN (DIRECTOR)
- MICHAEL WALDEN (DIRECTOR)
- MARK L HARITON (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To foster the mutual interest of members worldwide which supply machinery, equipment, tooling, materials, testing and technical services for thefastener and precision formed parts industries.to work in cooperation with existing groups to collect, exchange and disseminate technical and commercial information relating to the production, distribution, consumption and the use of fasteners and components made from ferrous and non-ferrous material.to promote and develop meetings, events, expositions and educational programs worldwide aimed at enabling the industries to conduct themselves with the greatest economy and efficiency and to improve the welfare of those engaged in the industries.to facilitate the understanding worldwide of standards, specifications, trade terminology and generally promote the serviceability of the fastener and precision formed parts industries.
What it reported doing in 2020
Provide management and guidance for its members for participation in expositions and international trade fairs, relating to the fastener & precision formed parts industry.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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: 38
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 1.09; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 4.54; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 26.5% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 40.3% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $2K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2015 to 2020
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.