Western Gas Measurement Short Cour… - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

Matt Davidson

Phone

4259995634

Tax Period

2024-01-01 to 2024-12-31

Western Gas Measurement Short Course, founded in 2010, is a small nonprofit that reported $616K in total revenue in fiscal year 2024. Revenue surged 256% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 24% operating margin.

Mission

Education in natural gas measurement

Program Service Accomplishments

Program 1

Expenses: $464,424 Revenue: $616,167

The Western Gas Measurement Short Course took place April 30th through May 2nd, with 610 attendees and 110 vendor booths. Topics covered included courses in gas measurement, turbine meters, remote...

The Western Gas Measurement Short Course took place April 30th through May 2nd, with 610 attendees and 110 vendor booths. Topics covered included courses in gas measurement, turbine meters, remote monitoring, measurement standards and electronic volume correctors, pressure regulation, gas quality and odorization, renewable natural gas and hydrogen. Our board meeting was held September 30 through October 3rd with 39 members in attendance.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $616,167

Investment Income $4

Other Revenue $0

TOTAL REVENUE $616,171

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $464,424

Other Expenses $467,604

TOTAL EXPENSES $467,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$616,171	$172,867	+2.6%
Expenses	$467,604	$157,214	+2.0%
Net Income	$148,567	$15,653	+8.5%

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
Craig Lam	Membership	1.00	Director	$0	$0	$0
Scott Heinrich	WebMaster	1.00	Director	$0	$0	$0
Steve Slocum	Vice-President	1.00	Officer Director	$0	$0	$0
Carol Wallace	Treasurer	1.00	Officer Director	$0	$0	$0
Matt Davidson	President	1.00	Officer Director	$0	$0	$0
Jeff Webb	Asst Treasurer	1.00	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
2024	$616,171	$467,604	$232,845	$148,567
2023	$172,867	$157,214	$84,278	$15,653
2022	$206,310	$332,161	$68,625	$-125,851
2019	$318,081	$226,841	$196,426	$91,240
2018	$40,987	$53,839	$105,186	$-12,852

Western Gas Measurement Short Course