EASTERN SECTION OF THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS

EIN: 237242706

CHAMPAIGN, IL

Total Revenue
$50,000
Total Expenses
$20,377
Total Assets
$144,207
Net Assets
$144,207
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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
1973
Legal Domicile
DE
Principal Officer
COLE BOWERS
Phone
7132033871
Tax Period
2021-01-01 to 2021-12-31

EASTERN SECTION OF THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS, founded in 1973, is a micro nonprofit that reported $50K in total revenue in fiscal year 2021. The organization ran a surplus of $30K, a strong 59% operating margin.

Mission

FOR THE PURPOSES OF SPONSORING SCIENTIFIC MEETINGS AND PUBLICATIONS, PROMOTING THE UTILITY OF PETROLEUM AND ENERGY GEOLOGY, AND OTHERWISE FURTHERING THE OBJECTIVES OF THE AAPG.

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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 (2021)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $50,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $20,377
TOTAL EXPENSES $20,377

Year-over-Year Comparison

2021 2020 Change
Revenue $50,000 N/A N/A
Expenses $20,377 N/A N/A
Net Income $29,623 N/A N/A
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
20
Independent Members
15
Employees
N/A
Volunteers
5

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA WILLETTE PRESIDENT 2.00
Officer Director
$0 $0 $0
IAN THOMAS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
AUTUMN HAAGSMA SECRETARY 2.00
Officer Director
$0 $0 $0
COLE BOWERS TREASURER 2.00
Officer 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 $50,000 $20,377 $144,207 $29,623
2019 $128,324 $103,974 $303,617 $24,350
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