TEXAS INDEPENDENT PRODUCERS & ROYALTY OWNERS ASSOCIATION (EIN 741034312) - 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

1946

Legal Domicile

Principal Officer

ED LONGANECKER III

Phone

5124774452

Tax Period

2024-07-01 to 2025-06-30

TEXAS INDEPENDENT PRODUCERS & ROYALTY OWNERS ASSOCIATION, founded in 1946, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024.

Mission

PROMOTE THE INTERESTS AND WELFARE OF INDEPENDENT OIL AND GAS OPERATORS, WORKING INTEREST OWNERS, ROYALTY OWNERS, AND THOSE BUSINESSES WHO PROVIDE SERVICES FOR THE ENERGY 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 $1,705,370

Investment Income $13,701

Other Revenue $30,425

TOTAL REVENUE $1,749,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $749,210

Fundraising Expenses $0

Other Expenses $993,146

TOTAL EXPENSES $1,742,356

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,749,496	$1,832,324	0.0%
Expenses	$1,742,356	$1,805,613	0.0%
Net Income	$7,140	$26,711	-0.7%

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

100

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

$267,815

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
T GRANT JOHNSON	CHAIRMAN	5.00	Officer Director	$0	$0	$0
PATRICIA BOSWELL MCCALL	SECRETARY	5.00	Officer Director	$0	$0	$0
JOHN SWORDS	TREASURER	5.00	Officer Director	$0	$0	$0
JUD WALKER	IMMEDIATE PAST CHAIRMAN	5.00	Director	$0	$0	$0
BRENT HOPKINS	PAST CHAIRMAN	5.00	Director	$0	$0	$0
EUGENE GARCIA	PAST CHAIRMAN	5.00	Director	$0	$0	$0
ALLEN GILMER	PAST CHAIRMAN	5.00	Director	$0	$0	$0
RAYMOND WELDER III	PAST CHAIRMAN	5.00	Director	$0	$0	$0
DAVID MARTINEAU	PAST CHAIRMAN	5.00	Director	$0	$0	$0
TODD GUEST	CHAIRMAN APPOINTEE	5.00	Director	$0	$0	$0
MICHAEL KENDRICK	CHAIRMAN APPOINTEE	5.00	Director	$0	$0	$0
GARY ROHMER	CHAIRMAN APPOINTEE	5.00	Director	$0	$0	$0
DEREK DAVIS	CHAIRMAN APPOINTEE	5.00	Director	$0	$0	$0
WALTER MAYFIELD	CHAIRMAN EMERITUS	5.00	Director	$0	$0	$0
SCOTT ANDERSON	CHAIRMAN EMERITUS	5.00	Director	$0	$0	$0
JOSEPH ABEL	CHAIRMAN EMERITUS	5.00	Director	$0	$0	$0
MICHAEL PEDROTTI	DIRECTOR	5.00	Director	$0	$0	$0
TOM JANISZEWSKI	DIRECTOR	5.00	Director	$0	$0	$0
BRYAN ERMAN	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT ROOSA	DIRECTOR	5.00	Director	$0	$0	$0
MARC DINGLER	DIRECTOR	5.00	Director	$0	$0	$0
CURRIE SMITH	DIRECTOR	5.00	Director	$0	$0	$0
TOMMY TAYLOR	AT-LARGE REPRESENTATIVE	5.00	Director	$0	$0	$0
PAMELA ROTH	AT-LARGE REPRESENTATIVE	5.00	Director	$0	$0	$0
WILLIAM WALLACE	AT-LARGE REPRESENTATIVE	5.00	Director	$0	$0	$0
ED LONGANECKER III	PRESIDENT	40.00	Officer	$235,942	$31,873	$267,815
JOANNE REYNOLDS	VP OF FINANCE AND ADMINISTRATION	40.00	Highest	$136,866	$13,445	$150,311
RYAN PAYLOR	DIRECTOR OF PUBLIC AFFAIRS	40.00	Highest	$111,367	$10,565	$121,932

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	$1,749,496	$1,742,356	$1,068,017	$7,140
2024	$1,832,324	$1,805,613	$1,329,426	$26,711
2023	$1,918,470	$1,945,393	$1,094,714	$-26,923
2022	$2,062,081	$2,210,151	$961,891	$-148,070
2021	$1,215,027	$1,345,171	$1,239,017	$-130,144
2020	$998,159	$1,090,151	$1,080,223	$-91,992

TEXAS INDEPENDENT PRODUCERS & ROYALTY OWNERS ASSOCIATION