INTERVENTION & COILED TUBING ASSOCIATION (EIN 742921985) - 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

1999

Legal Domicile

Principal Officer

MATT BILLINGHAM

Tax Period

2019-01-01 to 2019-12-31

INTERVENTION & COILED TUBING ASSOCIATION, founded in 1999, is a small nonprofit that reported $229K in total revenue in fiscal year 2019. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $460K represent 24 months of operating reserves.

Mission

ENHANCE COMMUNICATION,GATHER TECH EXPERTISE,PROMOTE SAFETY,TRAINING,COMPETENCY & ACCEPTED PRACTICES WITHIN THE WELL INTERVENTION INDUSTRY THROUGH PARTICIPATING MFG,SUPPLIERS,SERVICE PROVIDERS & END-USERS OF COILED TUBING,SLICKLINE,WIRELINE,HYDRAULIC WORKOVER,PUMPING & ASSOC TECH.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $228,687

Investment Income $94

Other Revenue $0

TOTAL REVENUE $228,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $114,129

Other Expenses $228,660

TOTAL EXPENSES $228,660

Year-over-Year Comparison

	2019	2018	Change
Revenue	$228,781	$187,971	+0.2%
Expenses	$228,660	$207,165	+0.1%
Net Income	$121	$-19,194	-1.0%

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

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
DAVID LARIMORE	DIRECTOR	1.00	Director	$0	$0	$0
MATT BILLINGHAM	SR CHAIRMAN	1.00	Officer Director	$0	$0	$0
TIM RAMSEY	TREASURER	1.00	Officer Director	$0	$0	$0
KEN NEWMAN	DIRECTOR	1.00	Director	$0	$0	$0
ALEX CRABTREE	DIRECTOR	1.00	Director	$0	$0	$0
RON CLARKE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS KUIJKEN	DIRECTOR	1.00	Director	$0	$0	$0
ARTEM GRIBOV	DIRECTOR	1.00	Director	$0	$0	$0
BILL GAVIN	DIRECTOR	1.00	Director	$0	$0	$0
DEAN DING	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW PATTERSON	DIRECTOR	1.00	Director	$0	$0	$0
TODD GREEN	DIRECTOR	1.00	Director	$0	$0	$0
STUART MURCHIE	JR CHAIRMAN	1.00	Officer Director	$0	$0	$0
SCOTT SHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
LEI GAO	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE WAUGH	DIRECTOR	1.00	Director	$0	$0	$0
MIGUEL DI VINCENZO	DIRECTOR	1.00	Director	$0	$0	$0
FERNANDO BAEZ	DIRECTOR	1.00	Director	$0	$0	$0
KONSTANTIN BURDIN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN NORMOYLE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LAM	DIRECTOR	1.00	Director	$0	$0	$0
ALEX SHEEHAN	DIRECTOR	1.00	Director	$0	$0	$0
PHILIPPE QUERO	DIRECTOR	1.00	Director	$0	$0	$0
ALAN TURNER	DIRECTOR	1.00	Director	$0	$0	$0
HAMPTON FOWLER	DIRECTOR	1.00	Director	$0	$0	$0
STEVE DESHOTELS	DIRECTOR	1.00	Director	$0	$0	$0
ED SMALLEY	DIRECTOR	1.00	Director	$0	$0	$0
BRETT WHITTE	DIRECTOR	1.00	Director	$0	$0	$0
SASCHA TRUMMER	DIRECTOR	1.00	Director	$0	$0	$0
CLINT DERRICK	DIRECTOR	1.00	Director	$0	$0	$0
ALASTAIR BUCHANAN	DIRECTOR	1.00	Director	$0	$0	$0
CHAD JOOST	DIRECTOR	1.00	Director	$0	$0	$0
ZEKE PEAK	DIRECTOR	1.00	Director	$0	$0	$0
EDDIE KARLSEN	DIRECTOR	1.00	Director	$0	$0	$0
LUCAS MEZZANO	DIRECTOR	1.00	Director	$0	$0	$0
CODY TREBING	DIRECTOR	1.00	Director	$0	$0	$0
BOB MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID AUDELO	DIRECTOR	1.00	Director	$0	$0	$0
GORDON MACKENZIE	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
2019	$228,781	$228,660	$460,299	$121
2018	$187,971	$207,165	$460,178	$-19,194

INTERVENTION & COILED TUBING ASSOCIATION