WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OIL AND NATURAL GAS INDUSTRY LABOR MANAGEMENT COMMITTEE, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $101K in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 15% operating margin.
THE OIL AND NATURAL GAS INDUSTRY LABOR-MANAGEMENT COMMITTEE PROMOTES INNOVATION, EXPLORATION, JOB RETENTION AND GROWTH. THIS HISTORIC PARTNERSHIP BETWEEN THE INDUSTRY AND LABOR UNIONS THAT REPRESENT MANY OF ITS MEMBER COMPANY EMPLOYEES WILL DISCUSS AND EXPLORE PLANS TO PROTECT AND ESTABLISH QUALITY JOBS BY PROMOTIONG INNOVATIVE AND AFFORDABLE ACCESS TO DOMESTIC ENERGY THAT IS VITAL TO THE AMERICAN ECONOMY. CENTRAL TO ALL THE EFFORTS OF THE COMMITTEE IS THE CREATION OF JOBS ACROSS A BROAD SPECTRUM OF THE OIL AND NATURAL GAS INDUSTRY, INCLUDING CONSTRUCTION AND PERMANENT JOBS IN THE UPSTREAM AND DOWNSTREAM SECTORS, SUCH AS EXPLORATION AND PRODUCTION, TRANSPORTATION, PIPELINES AND REFINERIES.
PROVIDING GRANTS TO ALIGNED ORGANIZATIONS THAT PROMOTE ONGILMC GOALS:
COMMUNICATIONS TO PUBLIC AND LABOR AND INDUSTRY ORGANIZATIONS ABOUT RESEARCH AND POLICY DEVELOPMENTS RELATED TO ONGILMC GOALS.
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 | $101,000 | $404,000 | -0.8% |
| Expenses | $85,713 | $366,323 | -0.8% |
| Net Income | $15,287 | $37,677 | -0.6% |
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 |
|---|---|---|---|---|---|---|
| SEAN MCGARVEY | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE SOMMERS | SECRETARY-TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $101,000 | $85,713 | $122,403 | $15,287 |
| 2023 | $404,000 | $366,323 | $107,116 | $37,677 |
| 2022 | $202,000 | $336,126 | $69,439 | $-134,126 |
| 2021 | $404,042 | $308,194 | $203,565 | $95,848 |
| 2020 | $404,000 | $316,245 | $107,717 | $87,755 |
| 2019 | $598,000 | $589,839 | $19,962 | $8,161 |
| 2018 | $253,000 | $359,951 | $11,801 | $-106,951 |
Compare OIL AND NATURAL GAS INDUSTRY LABOR MANAGEMENT COMMITTEE with other nonprofits in District of Columbia and across the country.