Investment Casting Institute

Nonprofit profile at a glance

EIN
237087832
IRS 990 coverage
2015–2025
Forms available
Form 990 2025
Location
Montvale, NJ, USA
Phone
2015739770
Rating confidence
Limited

Official website

Reported finances

Revenue
$2,308,478
Expenses
$2,396,210
Assets
$1,743,559
Liabilities
$548,401

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • NIPENDRA SINGH (PAST PRESIDENT)
  • TY UELAND (PRESIDENT)
  • JUAN MOLINA (VICE PRESIDENT)
  • TIMOTHY SULLIVAN (EXECUTIVE DIRECTOR)
  • JOE FRITZ (FORMER EXECUTIVE DIRECTOR, CEO)

Highest reported compensation

  • TIMOTHY SULLIVAN (EXECUTIVE DIRECTOR): $141,441 total reported compensation
  • NORA D'AMBRA (BUSINESS ADMINISTRATOR): $132,355 total reported compensation
  • MERRIN MUXLOW (PARTNERSHIPS AND MARKETING DIRECTOR): $118,497 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule othe investment casting institute will market the investment casting industry and support its members by facilitating professional, academic, educational, and technical interest, and will provide a forum for advancement in technology and product quality for customers and manufacturers, while promoting free trade, fair competition, and adhering to u.s. Laws and regulations regarding commerce and industrial trade.

What it reported doing in 2025

Training programs in 2025: the institute sponsored the following training courses.the industry certification course was offered as an in-person event in 2025: the industry certification program provides a week of intensive training including classroom and laboratory work. This program is open to employees of all institute members as well as employees of members of the european investment casters' federation.the process control seminar was offered as an in-person event in 2025: the process control seminar for investment casting, involves two and a half days of lecture and workshop. This seminar is open to employees of all institute members as well as employees of members of the european investment casters' federation. The institute sponsored twelve (12) webinars throughout 2025 on educational topics ranging from business acumen improvement to specific technical training.

Operating model

Revenue model
Earned-program. 67% 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: 84
  • Accountability: 100
  • Sustainability: 20
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 7th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.2%; rating input score 98; 40th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 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: Limited
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.8%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 20.9%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 5.6% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $141K · 16 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 12 filed related-organization links
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.