INDEPENDENT OIL & GAS ASSOCIATION OF NY (EIN 161155388) - Form 990 Financial Analysis & Trantor Score

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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

1980

Legal Domicile

Principal Officer

MARY GILSTRAP

Phone

7165754107

Tax Period

2021-01-01 to 2021-12-31

INDEPENDENT OIL & GAS ASSOCIATION OF NY, founded in 1980, is a micro nonprofit that reported $77K in total revenue in fiscal year 2021. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $27K, a strong 35% operating margin.

Mission

PROMOTE COMMON INTERESTS OF OIL AND GAS PRODUCERS.

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $17,600

Program Service Revenue $58,980

Investment Income $9

Other Revenue $0

TOTAL REVENUE $76,589

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $49,623

TOTAL EXPENSES $49,623

Year-over-Year Comparison

	2021	2020	Change
Revenue	$76,589	$34,679	+1.2%
Expenses	$49,623	$11,292	+3.4%
Net Income	$26,966	$23,387	+0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY GILSTRAP	PRESIDENT (EFF 5/21)	1.00	Officer Director	$0	$0	$0
GARY MARCHIORI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TIM HULL TREASURER EFF 521	PRESIDENT (THRU 5/21)	1.00	Officer Director	$0	$0	$0
ALAN LAURITA DIRECTOR	(EFF 5/21); TREASURER (THRU 5/21)	1.00	Officer Director	$0	$0	$0
DAVE WHITE	SECRETARY	1.00	Officer Director	$0	$0	$0
CHAD BUGMAN	DIRECTOR	1.00	Director	$0	$0	$0
DOUG DIXON	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS HOLBROOK	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN MCCHESNEY	DIRECTOR	1.00	Director	$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
2021	$76,589	$49,623	$77,011	$26,966
2020	$34,679	$11,292	$50,045	$23,387
2019	$128,812	$191,740	$26,658	$-62,928
2018	$183,450	$168,563	$92,357	$14,887

INDEPENDENT OIL & GAS ASSOCIATION OF NY