KANSAS INDEPENDENT OIL & GAS ASSOCIATION (EIN 480289485) - 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

1937

Legal Domicile

Principal Officer

JEFF BLOOMER

Phone

7852327772

Tax Period

2024-01-01 to 2024-12-31

KANSAS INDEPENDENT OIL & GAS ASSOCIATION, founded in 1937, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $932K left a modest 14% surplus.

Mission

PROMOTION OF THE KANSAS OIL & GAS INDUSTRY.

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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 $970,301

Investment Income $83,947

Other Revenue $32,663

TOTAL REVENUE $1,086,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $335,173

Fundraising Expenses $0

Program Expenses $728,303

Other Expenses $596,803

TOTAL EXPENSES $931,976

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,086,911	$958,517	+0.1%
Expenses	$931,976	$824,987	+0.1%
Net Income	$154,935	$133,530	+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

Volunteers

N/A

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

$280,417

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANA WREATH	CHAIRMAN	5.00	Officer Director	$0	$0	$0
CHARLES B WILSON	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
RAUL BRITO	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
CHRIS MCGOWN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
TIMOTHY D HELLMAN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
DANIEL F SCHIPPERS	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF BLOOMER	TREASURER	10.00	Officer Director	$0	$0	$0
K TODD ALLAM	DIRECTOR	1.00	Director	$0	$0	$0
BARRY HILL	DIRECTOR	1.00	Director	$0	$0	$0
ADAM BEREN	DIRECTOR	1.00	Director	$0	$0	$0
WILL BOONE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN O FARMER IV	DIRECTOR	1.00	Director	$0	$0	$0
MITCH CADDELL	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
WILL DARRAH	DIRECTOR	1.00	Director	$0	$0	$0
STEVE M DILLARD	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL W DIXON	DIRECTOR	1.00	Director	$0	$0	$0
MARK EVENSON	DIRECTOR	1.00	Director	$0	$0	$0
TODD FLOTT	DIRECTOR	1.00	Director	$0	$0	$0
JOHN L FRANCIS	DIRECTOR	1.00	Director	$0	$0	$0
MARK R GALYON	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN T GAUDREAU	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HARMS	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS D HESS	DIRECTOR	1.00	Director	$0	$0	$0
DYLAN KLAUS	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD J KOLL	DIRECTOR	1.00	Director	$0	$0	$0
CHASE LYBBERT	DIRECTOR	1.00	Director	$0	$0	$0
SEAN MACLASKEY	DIRECTOR	1.00	Director	$0	$0	$0
AUSTIN MAI	DIRECTOR	1.00	Director	$0	$0	$0
COLIN MARSH	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT B MCGRATH	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER MULL	DIRECTOR	1.00	Director	$0	$0	$0
WILL MURFIN	DIRECTOR	1.00	Director	$0	$0	$0
MARGERY NAGEL	DIRECTOR	1.00	Director	$0	$0	$0
ED NEMNICH	DIRECTOR	1.00	Director	$0	$0	$0
KYLE NEMNICH	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL A PISCIOTTE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID POWELL	DIRECTOR	1.00	Director	$0	$0	$0
ADAM PETZ	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL J REILLY	DIRECTOR	1.00	Director	$0	$0	$0
LEON RODAK	DIRECTOR	1.00	Director	$0	$0	$0
RYAN J SCHWEIZER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL SIMPSON	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS TOY	DIRECTOR	1.00	Director	$0	$0	$0
TYLER TURNER	DIRECTOR	1.00	Director	$0	$0	$0
AARON YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
ED CROSS	PRESIDENT	40.00	Officer	$0	$39,380	$280,417

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
2025	No data	No data	No data	No data
2024	$1,086,911	$931,976	$2,231,630	$154,935
2023	$958,517	$824,987	$2,166,129	$133,530
2022	$925,679	$761,505	$1,766,687	$164,174
2021	$953,509	$753,424	$1,638,100	$200,085
2020	$608,879	$459,663	$1,368,232	$149,216
2020	$608,879	$459,663	$1,368,232	$149,216
2019	$926,556	$898,128	$1,285,653	$28,428
2018	$783,029	$877,783	$1,106,614	$-94,754

KANSAS INDEPENDENT OIL & GAS ASSOCIATION