Forging Industry Association

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Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-0821275) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$621K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $107K a year · 3% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$621K
to officers and key staff · 14% of spending
Pay to officers and key staff is 14% of spending.
Part VII, Section A
0.7 mo
of spending, in cash
Plus $5.5M in investments, Pt X · Ln 11–13
0.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.9M
26% of total assets
Liabilities are 26% of assets.
Pt X · Ln 26
Independent board members
12
of 12 voting members
12 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$4.7M
+69% vs prior year
Spent
$4.6M
Net assets
$5.5M
By yearFY2021–FY2025
Revenue
$4.7M
FY2025▲ +69%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.7M
FY2022$4.5M
FY2023$4.6M
FY2024$2.8M
FY2025$4.7M
Expenses
$4.6M
FY2025▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.7M
FY2022$3.2M
FY2023$4.4M
FY2024$3.7M
FY2025$4.6M
Net assets
$5.5M
FY2025▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2021$5.0M
FY2022$5.2M
FY2023$5.3M
FY2024$5.1M
FY2025$5.5M

From the FY2025 Form 990 (year ending May 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1960.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

15 people listed on the 990; $621K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Former President/CEO
$344,064Pt VII · Sec A
Deputy CEO/Interim Pres/CEO
$142,897Pt VII · Sec A
$134,066Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
James R Warren$344,064$312,496$263,544$278,660$265,217
Joseph Boni————$201,634
Angela Gibian$142,897$146,994—$109,848—
Andrew Zielinski$134,066$129,673$80,421$91,626—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Forging Industry Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

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1 program · in their own filed words · FY2024
01

Published and distributed various forging related materials such as forging capability guide, and all related material explaining the forging process & uses to design engineers, customers & ACADEMICS.HELD formal seminars for forging company personnel such as forging die design, press die design and industrial plant training.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 34-0821275) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Fees for servicesLn 2g$3.9M
Gifts and grantsLn 1h$429K
Other incomeLn 4–11$194K
Money outPt IX
$4.6M
Ln 25
Owns and owesPt X
$5.5M
net assets · Ln 32
Cash and savingsLn 1–2$270K
Total assetsLn 16$7.4M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
15
listed · VII A
PaidVII A3
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$429K
Government grantsLn 1e$429K
Fees for servicesLn 2g$3.9M
Investment incomeLn 3$133K
Other incomeLn 4–11$194K
Gains on assetsLn 7$74K
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
CashLn 1$266K
SavingsLn 2$4K
Cash and savings togetherLn 1–2$270K
Pledges and grants receivableLn 3$427K
Accounts receivableLn 4$159K
Prepaid expenses and deferred chargesLn 9$82K
Land, buildings, equipmentLn 10c$92K
InvestmentsLn 11–13$5.5M
Other assetsLn 15$914K
Total assetsLn 16$7.4M
LiabilitiesLn 26$1.9M
Net assetsLn 32$5.5M
OperationsPt I, VI
EmployeesI 58
VolunteersI 60
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$351K$270K
InvestmentsLn 11–13$4.9M$5.5M
Land, buildings, equipmentLn 10c$108K$92K
Total assetsLn 16$6.8M$7.4M
LiabilitiesLn 26$1.7M$1.9M
Net assetsLn 32$5.1M$5.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$621K
Other salaries and wagesLn 7$651K
Pension plan contributionsLn 8$62K
Other employee benefitsLn 9$166K
Payroll taxesLn 10$82K
Legal feesLn 11b$12K
Accounting feesLn 11c$29K
Lobbying feesLn 11d$348K
Investment management feesLn 11f$32K
Other fees for servicesLn 11g$517K
Advertising and promotionLn 12$50K
Office expensesLn 13$65K
Information technologyLn 14$6K
OccupancyLn 16$103K
TravelLn 17$34K
Conferences, conventions and meetingsLn 19$1.5M
Payments to affiliatesLn 21$253K
Depreciation, depletion and amortizationLn 22$21K
InsuranceLn 23$19K
Other expenses (24a–d)Ln 24$22K
Total functional expensesLn 25$4.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Apr 8, 2026 $4.7M$4.6M$81K$5.5M 990 PDF
FY2024Filed with the IRS Apr 11, 2025 $2.8M$3.7M−$962K$5.1M 990 PDF
FY2023Filed with the IRS Mar 8, 2024 $4.6M$4.4M$192K$5.3M 990 PDF
FY2022Filed with the IRS Apr 17, 2023 $4.5M$3.2M$1.3M$5.2M 990 PDF
FY2021Filed with the IRS Apr 13, 2022 $1.7M$1.7M−$56K$5.0M 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2025 990
Part I · Summary $4,670,152 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $216,741$428,712
I-9 Program service revenuePrior year $2,435,248$3,914,119
I-10 Investment incomePrior year −$14,633$207,347
I-11 Other revenuePrior year $119,287$119,974
I-12 Total revenuePrior year $2,756,643$4,670,152
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,300,609$1,582,100
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,418,136$3,006,834
I-18 Total expensesPrior year $3,718,745$4,588,934
I-19 Revenue less expensesPrior year −$962,102$81,218
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,670,152 across 7 lines filed
VIII-1e Government grants$428,712
VIII-1h Total contributions, gifts and grants$428,712
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,914,119$3,914,119
VIII-3 Investment incomeExcluded from tax $133,423$133,423
VIII-7 Net gain or loss on sales of assetsExcluded from tax $73,924$73,924
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,029 · Unrelated business $112,945$119,974
VIII-12 Total revenueRelated to mission $3,921,148 · Unrelated business $112,945 · Excluded from tax $207,347$4,670,152
Part IX · Statement of functional expenses $4,588,934 across 20 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)$621,027
IX-7 Other salaries and wages$650,865
IX-8 Pension plan contributions$62,390
IX-9 Other employee benefits$165,666
IX-10 Payroll taxes$82,152
IX-11b Legal fees$11,673
IX-11c Accounting fees$29,499
IX-11d Lobbying fees$347,884
IX-11f Investment management fees$32,387
IX-11g Other fees for services$517,354
IX-12 Advertising and promotion$50,430
IX-13 Office expenses$65,363
IX-14 Information technology$6,247
IX-16 Occupancy$102,683
IX-17 Travel$33,564
IX-19 Conferences, conventions and meetings$1,494,975
IX-21 Payments to affiliates$252,978
IX-22 Depreciation, depletion and amortization$21,130
IX-23 Insurance$18,819
IX-24 Other expenses (24a–d)$21,848
IX-25 Total functional expenses$4,588,934
Part X · Balance sheet $7,395,112 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $139,739$266,186
X-2 Savings and temporary cash investmentsStart of year $211,480$3,969
X-3 Pledges and grants receivableStart of year $111,192$426,768
X-4 Accounts receivableStart of year $232,764$159,407
X-9 Prepaid expenses and deferred chargesStart of year $87,253$82,359
X-10c Land, buildings and equipment, netStart of year $108,343$91,574
X-11 Publicly traded securitiesStart of year $4,943,676$5,450,854
X-15 Other assetsStart of year $973,702$913,995
X-16 Total assetsStart of year $6,808,149$7,395,112
X-17 Accounts payable and accrued expensesStart of year $540,680$863,982
X-19 Deferred revenueStart of year $155,917$33,160
X-25 Other liabilitiesStart of year $1,025,552$995,453
X-26 Total liabilitiesStart of year $1,722,149$1,892,595
X-27 Net assets without donor restrictionsStart of year $5,086,000$5,502,517
X-32 Total net assets or fund balancesStart of year $5,086,000$5,502,517
X-33 Total liabilities and net assetsStart of year $6,808,149$7,395,112
Part XI · Reconciliation of net assets $5,502,517 net assets at year end
XI-1 Total revenue$4,670,152
XI-2 Total expenses$4,588,934
XI-3 Revenue less expenses$81,218
XI-4 Net assets at start of year$5,086,000
XI-5 Net unrealized gains (losses) on investments$343,680
XI-9 Other changes in net assets−$8,381
XI-10 Net assets at end of year$5,502,517

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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