PERMIAN BASIN PETROLEUM ASSOCIATION (EIN 751085465) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

BEN SHEPPERD

Phone

4326846389

Tax Period

2023-01-01 to 2023-12-31

PERMIAN BASIN PETROLEUM ASSOCIATION, founded in 1962, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Expenses of $1.7M left a modest 6% surplus.

Mission

TO INFORM MEMBERS, AS WELL AS THE GENERAL PUBLIC, OF CURRENT EVENTS AND DEVELOPMENTS PERTAINING TO THE OIL AND GAS INDUSTRY IN THE PERMIAN BASIN.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,647,986

Program Service Revenue $0

Investment Income $54,510

Other Revenue $97,727

TOTAL REVENUE $1,800,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,093,684

Fundraising Expenses $189,302

Other Expenses $595,847

TOTAL EXPENSES $1,689,531

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,800,223	$1,732,932	+0.0%
Expenses	$1,689,531	$1,539,391	+0.1%
Net Income	$110,692	$193,541	-0.4%

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

Governance

Voting Members

450

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

$327,000

Total Directors

$327,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEN SHEPPERD	PRESIDENT	40.00	Officer Director	$327,000	$0	$327,000
SCOTT KIDWELL	IMMED PAST CHAIRMAN	2.00	Officer Director	$0	$0	$0
TOMMY TAYLOR	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JEFF SPARKS	CHAIRMAN - ELECT	2.00	Officer Director	$0	$0	$0
MARK DINGLER	AREA VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MATT MATHIS	AREA VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LANCE ROBERTSON	AREA VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TOM JANISZEWSKI	AREA VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DENZIL WEST	AREA VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
STEVEN JEFFCOAT	SEC./TREA.	2.00	Officer Director	$0	$0	$0
ANGELA STAPLES	GENERAL COUNSEL	2.00	Officer Director	$0	$0	$0
MATT JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DESHAZER	DIRECTOR	1.00	Director	$0	$0	$0
PAT BOND	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WINKLER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL KENWORTHY	DIRECTOR	1.00	Director	$0	$0	$0
ALEX BEAL	DIRECTOR	1.00	Director	$0	$0	$0
CLINT MILLS	DIRECTOR	1.00	Director	$0	$0	$0
LEVI MAURER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID BLEDSOE	DIRECTOR	1.00	Director	$0	$0	$0
ROSALILND REDFERN GROVER	DIRECTOR	1.00	Director	$0	$0	$0
NICK TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
JIM NEWMAN	DIRECTOR	1.00	Director	$0	$0	$0
AARON HUNTER	DIRECTOR	1.00	Director	$0	$0	$0
COREY MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
JULIE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES PINCHBACK	DIRECTOR	1.00	Director	$0	$0	$0
AARON JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
LORI BLONG	DIRECTOR	1.00	Director	$0	$0	$0
JONNY HEINS	DIRECTOR	1.00	Director	$0	$0	$0
BEN FRIEDMAN	DIRECTOR	1.00	Director	$0	$0	$0
SHANE LARGE	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD LAURER	DIRECTOR	1.00	Director	$0	$0	$0
SHANKAR ANNAMALAI	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE ENDORF	DIRECTOR	1.00	Director	$0	$0	$0
WILL HOUSER	DIRECTOR	1.00	Director	$0	$0	$0
GENE SHEPHERD	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
2024	No data	No data	No data	No data
2023	$1,800,223	$1,689,531	$2,582,922	$110,692
2022	$1,732,932	$1,539,391	$2,475,461	$193,541
2021	$1,547,524	$1,472,170	$2,224,248	$75,354
2020	$1,726,673	$1,486,379	$1,739,066	$240,294
2019	$2,112,521	$1,502,009	$1,693,166	$610,512
2018	$1,663,996	$1,309,988	$1,047,428	$354,008

PERMIAN BASIN PETROLEUM ASSOCIATION