INTERNATIONAL MOLDED FIBER ASSOCIATION

EIN: 391887858

SPRINGFIELD, MA

Total Revenue
$598,623
Total Expenses
$503,667
Total Assets
$834,935
Net Assets
$598,523
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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
1977
Legal Domicile
WI
Principal Officer
GARY VISSER
Phone
4132858609
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL MOLDED FIBER ASSOCIATION, founded in 1977, is a small nonprofit that reported $599K in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $95K, a strong 16% operating margin.

Mission

TO PROMOTE THE GLOBAL USE OF MOLDED FIBER WHILE ADVOCATING FOR ENVIRONMENTAL SUSTAINABILITY

Program Service Accomplishments

Program 1

THE INTERNATIONAL MOLDED FIBER ASSOCIATION (IMFA) IS THE ONLY GLOBAL NOT-FOR-PROFIT TRADE ASSOCIATION REPRESENTING THE INTERESTS OF MANUFACTURERS OF MOLDED FIBER PRODUCTS, INDUSTRY SUPPLIERS AND...

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THE INTERNATIONAL MOLDED FIBER ASSOCIATION (IMFA) IS THE ONLY GLOBAL NOT-FOR-PROFIT TRADE ASSOCIATION REPRESENTING THE INTERESTS OF MANUFACTURERS OF MOLDED FIBER PRODUCTS, INDUSTRY SUPPLIERS AND SERVICE PROVIDERS. AS THE PRINCIPAL WORLDWIDE SOURCE OF MOLDED FIBER INFORMATION SINCE 1997, WE FOSTER, EDUCATE, DEVELOP AND LEAD THE INDUSTRY IN PURSUIT OF TECHNOLOGICAL, MANUFACTURING AND SUSTAINABILITY INTELLIGENCE. LEADING THE INDUSTRY, WE ARE DEDICATED TO PROMOTING THE GLOBAL USE OF RENEWABLE, RECYCLED AND NATURAL FIBER FOR PRODUCTS AND PACKAGING. TOGETHER, WE ADVOCATE FOR ENVIRONMENTAL STABILITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $598,623
Investment Income $0
Other Revenue $0
TOTAL REVENUE $598,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $503,667
TOTAL EXPENSES $503,667

Year-over-Year Comparison

2025 2024 Change
Revenue $598,623 $710,967 -0.2%
Expenses $503,667 $518,942 0.0%
Net Income $94,956 $192,025 -0.5%
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
7
Employees
N/A
Volunteers
6

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
$12,000
Total Directors
10
$12,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH GRYGNY EXECUTIVE DIRECTOR EMERITUS 10.00
Officer Director
$12,000 $0 $12,000
GARY VISSER CHAIRMAN 10.00
Officer Director
$0 $0 $0
PAUL CARTER DIRECTOR 2.00
Director
$0 $0 $0
JIM GEHL DIRECTOR 2.00
Director
$0 $0 $0
JAMES GALLACHER DIRECTOR 2.00
Director
$0 $0 $0
VINCE DANIEL DIRECTOR 2.00
Director
$0 $0 $0
MIKE GALLANT DIRECTOR 2.00
Director
$0 $0 $0
CHRIS LO DIRECTOR 2.00
Director
$0 $0 $0
FRANCISCO GARCIA DIRECTOR 2.00
Director
$0 $0 $0
IAN ANDERSON DIRECTOR *PAST* 2.00
Director
$0 $0 $0
ASHLEY BOGER EXECUTIVE DIRECTOR 10.00
Officer
$0 $0 $0
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 $598,623 $503,667 $834,935 $94,956
2024 No data No data No data No data
2023 $508,823 $390,492 $370,656 $118,331
2022 $469,380 $345,689 $208,067 $123,691
2021 $180,090 $174,598 $226,183 $5,492
2020 $197,259 $172,623 $220,848 $24,636
2019 $260,258 $257,130 $180,790 $3,128
2018 $243,124 $223,509 $144,281 $19,615
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