TEXAS OIL & GAS ASSOCIATION INC (EIN 204669692) - 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

2006

Legal Domicile

Principal Officer

DOUGLAS STAPLES

Phone

5124786631

Tax Period

2023-01-01 to 2023-12-31

TEXAS OIL & GAS ASSOCIATION INC, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $9.8M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 16% operating margin.

Mission

THE MISSION OF THE TEXAS OIL & GAS ASSOCIATION IS TO PROMOTE A ROBUST OIL AND NATURAL GAS INDUSTRY AND TO ADVOCATE FOR SOUND, SCIENCE-BASED POLICIES AND FREE-MARKET

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,898,460

Investment Income $463,648

Other Revenue $1,483,682

TOTAL REVENUE $9,845,790

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,082,849

Fundraising Expenses $0

Other Expenses $4,207,394

TOTAL EXPENSES $8,290,243

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,845,790	$7,731,432	+0.3%
Expenses	$8,290,243	$7,159,407	+0.2%
Net Income	$1,555,547	$572,025	+1.7%

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

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

$2,006,400

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS STAPLES	PRESIDENT	40.00	Key Emp	$999,820	$47,410	$1,047,230
CORY POMEROY	VP & GENERAL COUNSEL	40.00	Key Emp	$256,680	$68,345	$325,025
SHANNON RUSING	VP OPERATIONS	40.00	Key Emp	$332,240	$45,317	$377,557
SUSAN SCHEFFLER	CHIEF FINANCIAL OFFICER	40.00	Key Emp	$198,050	$58,538	$256,588
RUSSELL FOREMAN	CHIEF ECONOMIST	40.00	Highest	$140,202	$14,651	$154,853
STEPHEN CHANG	DIRECTOR OF COMMUNICATIONS	40.00	Highest	$130,000	$26,521	$156,521
SHANA JOYCE	VP GOVT & REGULATORY AFFAIRS	40.00	Highest	$147,500	$50,941	$198,441
TULSI OBERBECK	VP GOVT & REGULATORY AFFAIRS	40.00	Highest	$150,000	$16,027	$166,027
CHRISTIAN BROWN	DIRECTOR OF MEMBERSHIP	40.00	Highest	$120,000	$23,526	$143,526
ALAN L SMITH	CHAIR	5.00	Officer Director	$0	$0	$0
EL AMES JR	DIRECTOR	1.00	Director	$0	$0	$0
SAM BLATT	DIRECTOR	1.00	Director	$0	$0	$0
RYDER BOOTH	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN BRUBAKER	DIRECTOR	1.00	Director	$0	$0	$0
ROE BUCKLEY	DIRECTOR	1.00	Director	$0	$0	$0
HAROLD COURSON	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN CUSTARD	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS DENDER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DESHAZER	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT DICOSIMO	DIRECTOR	1.00	Director	$0	$0	$0
W MARC DINGLER IV	DIRECTOR	1.00	Director	$0	$0	$0
DAVID FERRIS	DIRECTOR	1.00	Director	$0	$0	$0
ALLAN FRIZZELL	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN FURNACE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN GROODY	DIRECTOR	1.00	Director	$0	$0	$0
ERIC HAMBLY	DIRECTOR	1.00	Director	$0	$0	$0
FORREST HOGLUND	DIRECTOR	1.00	Director	$0	$0	$0
DAN HUGHES JR	DIRECTOR	1.00	Director	$0	$0	$0
TOM JANISZEWSKI	DIRECTOR	1.00	Director	$0	$0	$0
AARON JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JON REX JONES	DIRECTOR	1.00	Director	$0	$0	$0
JONNY JONES	DIRECTOR	1.00	Director	$0	$0	$0
CASTLEN KENNEDY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID W KILLAM	DIRECTOR	1.00	Director	$0	$0	$0
WENDY KING	DIRECTOR	1.00	Director	$0	$0	$0
DALE KOKOSKI	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY KRIEGER	DIRECTOR	1.00	Director	$0	$0	$0
ROY LAMOREAUX	DIRECTOR	1.00	Director	$0	$0	$0
DAVE LEAVER	DIRECTOR	1.00	Director	$0	$0	$0
DAVE LEOPOLD	DIRECTOR	1.00	Director	$0	$0	$0
JASON MCINTYRE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH O'NEILL III	DIRECTOR	1.00	Director	$0	$0	$0
TADD OWENS	DIRECTOR	1.00	Director	$0	$0	$0
BRETT PENNINGTON	DIRECTOR	1.00	Director	$0	$0	$0
CORY QUARLES	DIRECTOR	1.00	Director	$0	$0	$0
GABRIEL J RIO	DIRECTOR	1.00	Director	$0	$0	$0
CORBIN ROBERTSON JR	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA ROTH	DIRECTOR	1.00	Director	$0	$0	$0
K GRANT RUCKEL	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
KARL SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
SEAN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
LEE STOCKWELL	DIRECTOR	1.00	Director	$0	$0	$0
TOMMY TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
TY THACKER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL TURNER	DIRECTOR	1.00	Director	$0	$0	$0
USHA TURNER	DIRECTOR	1.00	Director	$0	$0	$0
HERBERT VOGEL	DIRECTOR	1.00	Director	$0	$0	$0
RICH WALSH	DIRECTOR	1.00	Director	$0	$0	$0
JEFF WILSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE YOUNG JR	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
2024	No data	No data	No data	No data
2023	$9,845,790	$8,290,243	$13,046,572	$1,555,547
2022	$7,731,432	$7,159,407	$11,501,821	$572,025
2021	$6,947,737	$7,175,067	$10,912,231	$-227,330
2020	$7,868,936	$6,815,837	$11,140,111	$1,053,099
2019	$9,516,461	$7,463,120	$10,087,462	$2,053,341

TEXAS OIL & GAS ASSOCIATION INC