PETROLEUM & CONVENIENCE MARKETERS … - 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

1984

Legal Domicile

Principal Officer

BART FLETCHER

Phone

3342723800

Tax Period

2023-01-01 to 2023-12-31

PETROLEUM & CONVENIENCE MARKETERS OF ALABAMA INC, founded in 1984, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Expenses of $947K left a modest 12% surplus.

Mission

THE PETROLEUM & CONVENIENCE MARKETERS OF ALABAMA SERVES ITS MEMBER COMPANIES BY PROMOTING A FAVORABLE BUSINESS ENVIRONMENT THROUGH ADVOCACY, EDUCATION AND SERVICES.

Program Service Accomplishments

Program 1

FOSTER, PROMOTE, AND ENCOURAGE THE BUSINESS INTERESTS OF PETROLEUM MARKETERS AND CONVENIENCE STORE OPERATORS

Program 2

CONVENTIONS AND MEETINGS FOR ASSOCIATION MEMBERS AND OTHER INTERESTED PARTIES FOR THE PURPOSE OF PUBLIC RELATIONS AND RECOGNITION OF MEMBERSHIP.

Program 3

OFFER TRAINING TO MEMBERS AND THEIR EMPLOYEES IN THE AREAS OF SKILL ENHANCEMENT, PERSONAL DEVELOPMENT, AND SPECIALIZED TOPICS.

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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 $720,875

Investment Income $211,736

Other Revenue $144,428

TOTAL REVENUE $1,077,039

Expense Breakdown

Grants Paid $2,253

Salaries & Benefits $408,853

Fundraising Expenses $0

Other Expenses $535,984

TOTAL EXPENSES $947,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,077,039	$1,064,425	+0.0%
Expenses	$947,090	$862,561	+0.1%
Net Income	$129,949	$201,864	-0.4%

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

$307,620

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENNIE BENCH	BOARD MEMBER	3.00	Director	$0	$0	$0
BRENT COMPTON	BOARD MEMBER	3.00	Director	$0	$0	$0
JAMES EIDSON	BOARD MEMBER	3.00	Director	$0	$0	$0
BROCK HILL	BOARD MEMBER	3.00	Director	$0	$0	$0
WES HOLLAR	BOARD MEMBER	3.00	Director	$0	$0	$0
TIM HUFF	BOARD MEMBER	3.00	Director	$0	$0	$0
RIC MAYERS	BOARD MEMBER	3.00	Director	$0	$0	$0
JP PATEL	BOARD MEMBER	3.00	Director	$0	$0	$0
RYAN SHIRLEY	BOARD MEMBER	3.00	Director	$0	$0	$0
TODD SITTON	BOARD MEMBER	3.00	Director	$0	$0	$0
JONATHAN TANG	BOARD MEMBER	3.00	Director	$0	$0	$0
REX JONES	CHAIRMAN	8.00	Officer Director	$0	$0	$0
ABBY WIGGINS	VICE CHAIRMAN	3.00	Officer Director	$0	$0	$0
WINN PRESCOTT	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
BRIAN YOUNG	IMMEDIATE PAST CHAIRMAN	8.00	Officer Director	$0	$0	$0
BART FLETCHER	PRESIDENT	40.00	Officer	$263,903	$43,717	$307,620

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	$1,077,039	$947,090	$3,672,463	$129,949
2022	$1,064,425	$862,561	$3,429,721	$201,864
2021	$860,248	$813,930	$3,552,996	$46,318
2020	$763,435	$697,889	$3,202,614	$65,546
2019	$878,776	$816,968	$3,145,667	$61,808
2018	$919,410	$858,055	$2,824,140	$61,355

PETROLEUM & CONVENIENCE MARKETERS OF ALABAMA INC