US OIL & GAS ASSOCIATION ALMS

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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

1998

Legal Domicile

Principal Officer

DAVID RUSSELL

Phone

6019821041

Tax Period

2023-01-01 to 2023-12-31

Mission

THE MISSION OF THE ASSOCIATION IS TO ESTABLISH AND MAINTAIN RESONABLE STATEWIDE PUBLIC POLICY REGARDING LEGISLATIVE AND REGULATORY ISSUES AND TO WORK ON REGIONAL LEGISLATIVE AND REGULATORY ISSUES WHICH COULD HAVE A SIGNIFICANT IMPACT ON THE INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $54,121

MONITORED AND ANALYZED STATE LEGISLATIVE AND REGULATORY ACTIVITY TO ENSURE MEMBERS ARE AWARE OF ISSUES WHICH COULD AFFECT INDUSTRY OPERATIONS. AS A RESPONSIVE, MEMBER-DRIVEN ORGANIZATION, THE...

MONITORED AND ANALYZED STATE LEGISLATIVE AND REGULATORY ACTIVITY TO ENSURE MEMBERS ARE AWARE OF ISSUES WHICH COULD AFFECT INDUSTRY OPERATIONS. AS A RESPONSIVE, MEMBER-DRIVEN ORGANIZATION, THE ASSOCIATION PROVIDES AN INDUSTRY FORUM FOR ADDRESSING ISSUES OF CONCERN TO MEMBERS. THIS PROVIDES A UNIFIED, EFFECTIVE VOICE ON LEGISLATIVE, REGULATORY AND PUBLIC AFFAIRS.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,121

Other Expenses $54,121

TOTAL EXPENSES $54,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	$54,121	$601	+89.1%
Net Income	N/A	$-601	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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE BAUGH	DIRECTOR	1.00	Director	$0	$0	$0
KARL KAUFMAN	DIRECTOR	1.00	Director	$0	$0	$0
RANDY JAMES	DIRECTOR	1.00	Director	$0	$0	$0
DAVID RUSSELL	DIRECTOR	1.00	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
2023	No data	$54,121	No data	No data
2022	No data	$601	$54,121	No data
2021	No data	No data	$54,722	No data