INDA-ASSOCIATION OF THE NONWOVEN FABRICS INDUSTRY

EIN: 132619154

CARY, NC

Total Revenue
$9,812,094
Total Expenses
$8,133,118
Total Assets
$11,141,507
Net Assets
$5,996,653
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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
DE
Principal Officer
ANTHONY FRAGNITO
Phone
9194593700
Tax Period
2025-01-01 to 2025-12-31

INDA-ASSOCIATION OF THE NONWOVEN FABRICS INDUSTRY, founded in 1968, is a community nonprofit that reported $9.8M in total revenue in fiscal year 2025. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 17% operating margin.

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.

Program Service Accomplishments

Program 1

INDA'S HYGIENIX CONFERENCE IS A CONSUMER PRODUCTS EDUCATIONAL CONFERENCE FOR TOP EXECUTIVES AND MANAGERS FOCUSING ON BUSINESS ISSUES RELEVANT TO THE NONWOVENS INDUSTRY. TOPICS INCLUDE TECHNOLOGY AND...

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INDA'S HYGIENIX CONFERENCE IS A CONSUMER PRODUCTS EDUCATIONAL CONFERENCE FOR TOP EXECUTIVES AND MANAGERS FOCUSING ON BUSINESS ISSUES RELEVANT TO THE NONWOVENS INDUSTRY. TOPICS INCLUDE TECHNOLOGY AND FUTURE TRENDS, MARKET STATISTICS, AND SUSTAINABILITY.

Program 2

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...

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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.

Program 3

FOCUSED SEMINARS INCLUDE CONFERENCES ATTENDED BY PEOPLE WITHIN SPECIALIZED TECHNOLOGY AREAS OF THE INDUSTRY. THE CONFERENCES INCLUDE PRESENTATIONS OF PAPERS TO EDUCATE ATTENDEES IN THE LATEST...

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FOCUSED SEMINARS INCLUDE CONFERENCES ATTENDED BY PEOPLE WITHIN SPECIALIZED TECHNOLOGY AREAS OF THE INDUSTRY. THE CONFERENCES INCLUDE PRESENTATIONS OF PAPERS TO EDUCATE ATTENDEES IN THE LATEST TECHNOLOGICAL DEVELOPMENTS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,457,416
Program Service Revenue $8,020,624
Investment Income $334,054
Other Revenue $0
TOTAL REVENUE $9,812,094

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,519,641
Fundraising Expenses $0
Other Expenses $5,613,477
TOTAL EXPENSES $8,133,118

Year-over-Year Comparison

2025 2024 Change
Revenue $9,812,094 $4,406,437 +1.2%
Expenses $8,133,118 $5,732,209 +0.4%
Net Income $1,678,976 $-1,325,772 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
13
Employees
19
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$469,937
Total Directors
14
$469,937
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY FRAGNITO PRESIDENT 40.00
Officer Director
$402,320 $67,617 $469,937
GINNY CASSTEVENS DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS DOWDELL DIRECTOR 1.00
Director
$0 $0 $0
JAREN EDWARDS DIRECTOR 1.00
Director
$0 $0 $0
RICARDO FASOLO DIRECTOR 1.00
Director
$0 $0 $0
NEIL JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
ALEKSANDRA KRUSZEWSKA DIRECTOR 1.00
Director
$0 $0 $0
BARBARA LAWLESS VICE CHAIRMAN/FINANCE 1.00
Officer Director
$0 $0 $0
PAUL E ROLLIN DIRECTOR 1.00
Director
$0 $0 $0
JODI RUSSELL DIRECTOR 1.00
Director
$0 $0 $0
MARK THORNTON CHAIRMAN 1.00
Officer Director
$0 $0 $0
JUAN TORO DIRECTOR 1.00
Director
$0 $0 $0
MARIAGIOVANNA VETERE DIRECTOR 1.00
Director
$0 $0 $0
PAUL WOOD DIRECTOR 1.00
Director
$0 $0 $0
JAMES FISHER DIRECTOR OF GOVERNMENT AFF 40.00
Highest
$171,706 $23,401 $195,107
MATTHEW O'SICKEY DIRECTOR OF EDUCATION 40.00
Highest
$180,154 $43,172 $223,326
DANIEL NOONAN DIRECTOR OF EXHIBIT SALES 40.00
Highest
$148,125 $39,407 $187,532
JODI HONG-RICCIO CONTROLLER 40.00
Highest
$120,939 $37,858 $158,797
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,812,094 $8,133,118 $11,141,507 $1,678,976
2024 $4,406,437 $5,732,209 $10,847,341 $-1,325,772
2023 $4,827,756 $5,716,501 $8,929,402 $-888,745
2022 $8,784,306 $7,197,397 $7,431,444 $1,586,909
2021 $4,859,607 $5,671,965 $9,846,018 $-812,358
2020 $3,287,966 $4,928,652 $8,853,422 $-1,640,686
2019 $9,825,143 $7,453,052 $8,766,380 $2,372,091
2018 $4,206,102 $5,357,473 $10,624,873 $-1,151,371
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