MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INTERNATIONAL MAGNESIUM ASSOCIATION, founded in 1985, is a small nonprofit that reported $655K in total revenue in fiscal year 2024. Expenses of $595K left a modest 9% surplus.
ORIGINALLY FOUNDED IN 1943, THE MISSION OF THE INTERNATIONAL MAGNESIUM ASSOCIATION (IMA) IS TO PROMOTE THE USE OF THE METAL MAGNESIUM IN MATERIAL SELECTION AND ENCOURAGE INNOVATIVE APPLICATIONS OF THE VERSATILE METAL. IMA SERVES THE INDUSTRY AND THE MEMBERSHIP THROUGH ITS ANNUAL WORLD MAGNESIUM CONFERENCE, SEMINARS, STATISTICAL PROGRAMS, RESEARCH AND PUBLICATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $655,206 | $621,899 | +0.1% |
| Expenses | $594,536 | $472,340 | +0.3% |
| Net Income | $60,670 | $149,559 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HARTMUT FISCHER | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAN GUY | VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| NIC ANDREWS | SECRETARY/TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TODD OLSON | AT-LARGE | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICK MCQUEARY | EX-OFFICIO/PAST PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELMAR BEEH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GIUSEPPE FILOMENA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FERNANDO FRANCA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BIN JIANG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL JUST | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DIETMAR LETZIG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN LUO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PETER RAUCH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEXANDER RHOMBERG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JON WEILER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAZUMASA YAMAZAKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW SPEAR | EXECUTIVE VICE PRESIDENT | 20.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $655,206 | $594,536 | $819,022 | $60,670 |
| 2023 | $621,899 | $472,340 | $632,477 | $149,559 |
| 2022 | $504,366 | $525,503 | $440,630 | $-21,137 |
| 2021 | $243,975 | $228,943 | $421,238 | $15,032 |
| 2020 | $287,868 | $301,846 | $366,117 | $-13,978 |
| 2019 | $490,224 | $537,351 | $421,282 | $-47,127 |
| 2018 | $534,827 | $565,528 | $533,846 | $-30,701 |
Compare INTERNATIONAL MAGNESIUM ASSOCIATION with other nonprofits in Minnesota and across the country.