HOUSTON GEOLOGICAL SOCIETY

EIN: 746056576

HOUSTON, TX

Total Revenue
$461,150
Total Expenses
$452,367
Total Assets
$903,018
Net Assets
$881,812
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
TX
Principal Officer
ANDREA PEOPLES
Phone
7134639476
Tax Period
2023-07-01 to 2024-06-30

HOUSTON GEOLOGICAL SOCIETY, founded in 1975, is a small nonprofit that reported $461K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

THE HOUSTON GEOLOGICAL SOCIETY IS A PROFESSIONAL SOCIETY FOR PETROLEUM, ENERGY AND ENVIRONMENTAL GEOSCIENTISTS. THE HOUSTON GEOLOGICAL SOCIETY SUPPORTS CONTINUING EDUCATION, NETWORKING, OUTREACH TO STUDENTS, STUDENT SCHOLARSHIPS AND YOUNG PROFESSIONAL ACTIVITIES.

Program Service Accomplishments

Program 1

THE OBJECTIVES OF THE HOUSTON GEOLOGICAL SOCIETY ARE: TO STIMULATE INTEREST AND PROMOTE ADVANCEMENT IN GEOLOGY FOR THE HOUSTON AREA; TO DISSEMINATE AND FACILITATE DISCUSSION OF GEOLOGICAL INFORMATION...

Read more

THE OBJECTIVES OF THE HOUSTON GEOLOGICAL SOCIETY ARE: TO STIMULATE INTEREST AND PROMOTE ADVANCEMENT IN GEOLOGY FOR THE HOUSTON AREA; TO DISSEMINATE AND FACILITATE DISCUSSION OF GEOLOGICAL INFORMATION RELATIONSHIPS AMONG GEOLOGISTS IN THE AREA; AND TO AID AND ENCOURAGE ACADEMIC TRAINING IN THE SCIENCE OF GEOLOGY.THE SOCIETY STRIVES TO ACHIEVE THESE GOALS THROUGH REGULARLY SCHEDULED TECHNICAL MEETINGS, PUBLICATION OF A MONTHLY BULLETIN, A CONTINUING EDUCATION PROGRAM, FIELD TRIPS, THE PUBLICATION OF TIMELY BOOKS, AND TWO STUDENT SCHOLARSHIP FUNDS.THE HOUSTON GEOLOGICAL SOCIETY CELEBRATED ITS 100TH YEAR IN 2023!

Program 2

THROUGH ITS PUBLICATION EFFORTS, THE SOCIETY HAS RENDERED A SERVICE TO ITS MEMBERS, THE GEOLOGICAL PROFESSION, AND OCCASIONALLY TO THE ENTIRE COMMUNITY WITH BOOKS OF GENERAL INTEREST. THE...

Read more

THROUGH ITS PUBLICATION EFFORTS, THE SOCIETY HAS RENDERED A SERVICE TO ITS MEMBERS, THE GEOLOGICAL PROFESSION, AND OCCASIONALLY TO THE ENTIRE COMMUNITY WITH BOOKS OF GENERAL INTEREST. THE PUBLICATION, "HOUSTON AREA ENVIRONMENTAL GEOLOGY: SURFACE FAULTING, GROUND SUBSIDENCE, HAZARD LIABILITY," IS A SIGNIFICANT CONTRIBUTION TO BOTH THE GEOLOGICAL AND LAY COMMUNITIES. FOUR IMPORTANT VOLUMES ON THE GEOLOGY OF DELTAS, THAT FAVORED HABITAT FOR PETROLEUM ACCUMULATION, HAVE BEEN PUBLISHED. TWO OF THESE, "DELTAS-MODELS FOR EXPLORATION AND "DELTAS IN THEIR GEOLOGIC FRAMEWORK" HAVE BEEN REPRINTED DUE TO DEMAND. THE 22ND EDITION OF "DIRECTORY OF OIL COMPANY NAME CHANGES" WAS PRINTED IN 2012. TWO RECENT PUBLICATIONS, EXPLORATION AND EXPLOITATION OF COASTAL SALT BASIN DIAPIRIC STRUCTURES IN THE LOWER PLIOCENE THROUGH EOCENE TRENDS: GEOLOGY AND TECHNIQUES", A JOINT EFFORT WITH THE NEW ORLEANS GEOLOGICAL SOCIETY, AND "PRODUCTIVE LOW RESISTIVITY WELL LOGS OF THE OFFSHORE GULF OF MEXICO" ARE VALUABLE ADDITIONS TO THE GEOLOGICAL LITERATURE.

Program 3

THE SOCIETY ENCOURAGES AND AIDS STUDENTS THROUGH THE CALVERT MEMORIAL SCHOLARSHIP FUND FOR GRADUATE STUDENTS, AND THE UNDERGRADUATE SCHOLARSHIP FUND FOR UNDERGRADUATES. THE SOCIETY ALSO GIVES...

Read more

THE SOCIETY ENCOURAGES AND AIDS STUDENTS THROUGH THE CALVERT MEMORIAL SCHOLARSHIP FUND FOR GRADUATE STUDENTS, AND THE UNDERGRADUATE SCHOLARSHIP FUND FOR UNDERGRADUATES. THE SOCIETY ALSO GIVES OUTSTANDING GEOLOGY STUDENT AWARDS TO STEPHEN F. AUSTIN UNIVERSITY, LAMAR UNIVERSITY, TEXAS A&M UNIVERSITY, THE UNIVERSITY OF TEXAS AT AUSTIN, RICE UNIVERSITY, THE UNIVERSITY OF HOUSTON, AND SAM HOUSTON STATE UNIVERSITY; AND PROMOTES PARTICIPATION IN THE HOUSTON ENGINEERING AND SCIENCE FAIR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $212,974
Program Service Revenue $202,281
Investment Income $31,514
Other Revenue $14,381
TOTAL REVENUE $461,150

Expense Breakdown

Grants Paid $57,841
Salaries & Benefits $91,638
Fundraising Expenses $0
Other Expenses $302,888
TOTAL EXPENSES $452,367

Year-over-Year Comparison

2023 2022 Change
Revenue $461,150 $496,097 -0.1%
Expenses $452,367 $478,013 -0.1%
Net Income $8,783 $18,084 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
2
Volunteers
12

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
9
$84,817
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PENNY PATTERSON PRESIDENT 5.00
Officer Director
$0 $0 $0
PATRICIA WALKER PRESIDENT-ELECT 2.00
Officer Director
$0 $0 $0
CATI DONOHUE VICE-PRESIDENT 5.00
Officer Director
$0 $0 $0
SOPHIE BOURN SECRETARY 5.00
Officer Director
$0 $0 $0
GLENN LOWENSTIEN TREASURER 5.00
Officer Director
$0 $0 $0
ANGELA HAMMOND TREASURER-ELECT 1.00
Officer Director
$0 $0 $0
TED GODO EDITOR 10.00
Officer Director
$0 $0 $0
LUCIA TORRADO EDITOR-ELECT 1.00
Officer Director
$0 $0 $0
SHARMA DRONAMRAJU DIRECTOR 2.00
Director
$0 $0 $0
LAUREN ROBINSON DIRECTOR 2.00
Director
$0 $0 $0
JUDAY SHULENBERG DIRECTOR 2.00
Director
$0 $0 $0
CATHERINE STRONG DIRECTOR 2.00
Director
$0 $0 $0
ANDREA PEOPLES EXECUTIVE OFFICE DIRECTOR 40.00
Officer
$82,262 $2,555 $84,817
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 No data No data No data No data
2024 $461,150 $452,367 $903,018 $8,783
2023 $496,097 $478,013 $822,422 $18,084
2022 $313,085 $339,123 $784,063 $-26,038
2021 $378,975 $380,122 $967,923 $-1,147
2020 $397,798 $596,671 $879,556 $-198,873
2019 $619,653 $684,567 $1,108,905 $-64,914
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOUSTON GEOLOGICAL SOCIETY with other nonprofits in Texas and across the country.