PRECISION METALFORMING ASSOCIATION

EIN: 340639124

INDEPENDENCE, OH

Total Revenue
$7,608,317
Total Expenses
$7,705,448
Total Assets
$19,013,946
Net Assets
$15,315,988
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
OH
Principal Officer
MARK GETSAY
Phone
2169018800
Tax Period
2024-04-01 to 2025-03-31

PRECISION METALFORMING ASSOCIATION, founded in 1942, is a community nonprofit that reported $7.6M in total revenue in fiscal year 2024. Net assets of $15.3M represent 24 months of operating reserves.

Mission

TO REPRESENT THE METALFORMING INDUSTRY AND LEAD INNOVATIVE COMPANIES TOWARD SUPERIOR COMPETITIVENESS AND PROFITABILITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $73,934
Program Service Revenue $6,665,820
Investment Income $639,900
Other Revenue $228,663
TOTAL REVENUE $7,608,317

Expense Breakdown

Grants Paid $64,550
Salaries & Benefits $3,383,918
Fundraising Expenses $0
Other Expenses $4,256,980
TOTAL EXPENSES $7,705,448

Year-over-Year Comparison

2024 2023 Change
Revenue $7,608,317 $7,434,816 +0.0%
Expenses $7,705,448 $7,109,764 +0.1%
Net Income $-97,131 $325,052 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
9
Independent Members
9
Employees
37
Volunteers
200

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
4
$804,173
Total Directors
9
$560,756
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KLOTZ PRESIDENT 40.00
Officer Director
$534,045 $26,711 $560,756
GENE LAMBERT VICE CHAIR & TREASURER 1.00
Officer Director
$0 $0 $0
GREGG BOUCHER CHAIR 1.00
Officer Director
$0 $0 $0
RICH WAGY ASSOCIATE MEMBER 1.00
Director
$0 $0 $0
JEFF AZNAVORIAN IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
BRIAN MURPHY ASSOCIATE MEMBER 1.00
Director
$0 $0 $0
PETER BODI MFG MEMBER 1.00
Director
$0 $0 $0
SCOTT WENDELBURG MFG MEMBER 1.00
Director
$0 $0 $0
CHRIS ZUZICK MFG MEMBER 1.00
Director
$0 $0 $0
MARK GETSAY CFO 40.00
Officer
$234,391 $9,026 $243,417
MICHAEL VOHLAND PUBLISHER 40.00
Highest
$194,266 $7,637 $201,903
BRADLEY KUVIN EDITORIAL DIRECTOR 40.00
Highest
$165,248 $15,672 $180,920
MARK FORTUNA MEMBERSHIP DIRECTOR 40.00
Highest
$117,286 $4,747 $122,033
WILLIAM KOPPES III IT DIRECTOR 40.00
Highest
$111,353 $19,344 $130,697
DOUGLAS TROUT EXHIBITION SALES MANAGER 40.00
Highest
$106,230 $18,970 $125,200
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 $7,608,317 $7,705,448 $19,013,946 $-97,131
2024 $7,434,816 $7,109,764 $18,975,164 $325,052
2023 $6,814,130 $6,771,057 $17,675,812 $43,073
2022 $5,690,425 $5,848,947 $18,164,960 $-158,522
2021 $3,280,796 $4,452,522 $18,282,003 $-1,171,726
2020 $6,329,677 $6,373,089 $14,851,665 $-43,412
2019 $6,758,196 $6,766,950 $17,133,545 $-8,754
2018 $7,859,740 $5,928,272 $16,639,202 $1,931,468
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