OKLAHOMA WELL LOG LIBRARY INC (EIN 730708636) - 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

1960

Legal Domicile

Principal Officer

Scott Schadd

Phone

9189600693

Tax Period

2024-04-01 to 2025-03-31

OKLAHOMA WELL LOG LIBRARY INC, founded in 1960, is a small nonprofit in the Education sector that reported $156K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $139K left a modest 11% surplus.

Mission

PROVIDE A LIBRARY OF WELL LOGS TO THE PETROLEUM INDUSTRY AND OTHER INTERESTED PARTIES.

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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 $150,412

Investment Income $5,689

Other Revenue $0

TOTAL REVENUE $156,101

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,810

Fundraising Expenses $0

Program Expenses $139,005

Other Expenses $90,195

TOTAL EXPENSES $139,005

Year-over-Year Comparison

	2024	2023	Change
Revenue	$156,101	$165,396	-0.1%
Expenses	$139,005	$136,935	+0.0%
Net Income	$17,096	$28,461	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Patrick J Ryan	Treasurer	Officer Director	$0	$0	$0
Robert Gaddis	Secretary	Officer Director	$0	$0	$0
Gary Carnaghi	Vice President	Officer Director	$0	$0	$0
Harrison Townes	Director	Director	$0	$0	$0
Scott Schad	President	Officer Director	$0	$0	$0
Garrett Russell	Director	Director	$0	$0	$0
Bruce Miller	Director	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
2025	$156,101	$139,005	$404,426	$17,096
2024	$165,396	$136,935	$372,958	$28,461
2023	$161,199	$161,199	$389,469	No data
2022	$164,610	$197,528	$337,197	$-32,918
2021	$168,655	$232,249	$341,474	$-63,594
2020	$241,995	$271,892	$408,482	$-29,897
2019	$249,338	$286,824	$457,144	$-37,486

OKLAHOMA WELL LOG LIBRARY INC