ALEXANDRIA, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AMERICAN BEARING MANUFACTURERS ASSOCIATION, founded in 1917, is a small nonprofit that reported $167K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $207K exceeded revenue, resulting in a 24% operating deficit.
TO PROVIDE LEADERSHIP, ADVOCACY AND EDUCATION WITH A FOCUS ON MEMBERSHIP VALUE, INDUSTRY OUTREACH AND ISSUES IMPACTING THE GLOBAL BEARING INDUSTRY.
ANNUAL MEETING: THE ANNUAL MEETING IS HELD EVERY SPRING AS A JOINT EVENT WITH THE AMERICAN GEAR MANUFACTURERS ASSOCIATION. THE MEETING INCLUDES NUMEROUS NETWORKING EVENTS, A BOARD MEETING, AND A...
ANNUAL MEETING: THE ANNUAL MEETING IS HELD EVERY SPRING AS A JOINT EVENT WITH THE AMERICAN GEAR MANUFACTURERS ASSOCIATION. THE MEETING INCLUDES NUMEROUS NETWORKING EVENTS, A BOARD MEETING, AND A NUMBER OF KEYNOTE SPEAKERS. REGISTRATION IS OPEN TO EMPLOYEES OF ABMA MEMBER COMPANIES.
STANDARDS: ABMA PUBLISHES A COMPLETE SET OF INDUSTRY STANDARDS FOR BEARINGS. THESE STANDARDS WERE EITHER DRAFTED BY ABMAS BEARING TECHNICAL COMMITTEE (BTC) OR NATIONALLY ADOPTED FROM THE...
STANDARDS: ABMA PUBLISHES A COMPLETE SET OF INDUSTRY STANDARDS FOR BEARINGS. THESE STANDARDS WERE EITHER DRAFTED BY ABMAS BEARING TECHNICAL COMMITTEE (BTC) OR NATIONALLY ADOPTED FROM THE INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO). THE STANDARDS ARE DISTRIBUTED ANNUALLY TO THE MEMBER COMPANIES, AND ARE AVAILABLE FOR PURCHASE FOR NONMEMBERS.
EDUCATION: ABMA ORGANIZES SEVERAL TECHNICAL EDUCATION PROGRAMS THROUGHOUT THE YEAR FOR ENGINEERS THAT WORK WITH BEARINGS BOTH IN PERSON AND ONLINE. REGISTRATION IS OPEN TO MEMBERS, WHO RECEIVE...
EDUCATION: ABMA ORGANIZES SEVERAL TECHNICAL EDUCATION PROGRAMS THROUGHOUT THE YEAR FOR ENGINEERS THAT WORK WITH BEARINGS BOTH IN PERSON AND ONLINE. REGISTRATION IS OPEN TO MEMBERS, WHO RECEIVE SPECIAL PRICING, AND NONMEMBERS. INCLUDED IN THESE PROGRAMS FOR 2024 WERE ESSENTIAL CONCEPTS OF BEARING TECHNOLOGY, LUBRICATION AND WEAR AND ADVANCED CONCEPTS OF BEARING TECHNOLOGY WHICH WERE OFFERED OVER MULTIPLE DAYS, COVERING ENGINEERING CONCEPTS RELATING TO THE MANUFACTURE OF BEARINGS. ADDITIONALLY, IN 2024 ABMA LAUNCHED A NEW CLASS IN CONJUNCTION WITH THE AMERICAN GEAR MANUFACTURERS ASSOCIATION ON ELECTRIC VEHICLE INTEGRATION & TRADE OFFS.
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 | $166,633 | $681,970 | -0.8% |
| Expenses | $206,903 | $612,965 | -0.7% |
| Net Income | $-40,270 | $69,005 | -1.6% |
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 |
|---|---|---|---|---|---|---|
| MATT FRADY | CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| EVELISE FARO | VICE CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN PARSONS | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CRAIG BOND | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| GARY BOURQUE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| PETE EICH | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BOB KOMASARA | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| STEVE LYNCH | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIC OVENDORF | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ALEJANDRO PARDINAS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TONY RICHEY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DOUG SMITH | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BEN WALLS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ROB ZIEGLER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JENNY BLACKFORD | PRESIDENT | 15.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $166,633 | $206,903 | No data | $-40,270 |
| 2024 | No data | No data | No data | No data |
| 2023 | $735,607 | $667,565 | $892,705 | $68,042 |
| 2022 | $661,712 | $617,123 | $774,748 | $44,589 |
| 2021 | $628,429 | $512,643 | $602,534 | $115,786 |
| 2020 | $590,540 | $481,705 | $591,628 | $108,835 |
| 2019 | $664,281 | $856,810 | $327,294 | $-192,529 |
| 2018 | $715,671 | $893,646 | $608,411 | $-177,975 |
Compare AMERICAN BEARING MANUFACTURERS ASSOCIATION with other nonprofits in Virginia and across the country.