SOCIETY OF PETROLEUM ENGINEERS INC (EIN 752001539) - 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

1984

Legal Domicile

Principal Officer

SIMON D SEATON

Phone

9729529407

Tax Period

2024-04-01 to 2025-03-31

SOCIETY OF PETROLEUM ENGINEERS INC, founded in 1984, is a mid-sized nonprofit in the Science & Technology sector that reported $41.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE SOCIETY OF PETROLEUM ENGINEERS (SPE) IS A NOT-FOR-PROFIT PROFESSIONAL ASSOCIATION WHOSE MEMBERS ARE ENGAGED IN ENERGY RESOURCES DEVELOPMENT AND PRODUCTION. SPE SERVES APPROXIMATELY 132,000 MEMBERS IN 146 COUNTRIES WORLDWIDE. SPE IS A KEY RESOURCE FOR TECHNICAL KNOWLEDGE RELATED TO THE OIL AND GAS EXPLORATION AND PRODUCTION INDUSTRY AND PROVIDES SERVICES THROUGH ITS PUBLICATIONS, EVENTS, TRAINING COURSES AND ONLINE RESOURCES AT WWW.SPE.ORG.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $6,639,738

Program Service Revenue $32,688,610

Investment Income $1,660,370

Other Revenue $201,029

TOTAL REVENUE $41,189,747

Expense Breakdown

Grants Paid $692,031

Salaries & Benefits $17,276,872

Fundraising Expenses $50,104

Program Expenses $28,861,999

Other Expenses $24,069,698

TOTAL EXPENSES $42,038,601

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,189,747	$37,661,300	+0.1%
Expenses	$42,038,601	$40,890,940	+0.0%
Net Income	$-848,854	$-3,229,640	-0.7%

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

Independent Members

Employees

143

Volunteers

4500

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

$1,170,342

Total Directors

Key Employees

$707,593

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MED KAMAL	2023 SPE PRESIDENT (THRU 9/25/24)	1.00	Officer Director	$0	$0	$0
TERRY PALISCH	2024 SPE PRESIDENT	1.00	Officer Director	$0	$0	$0
OLIVIER HOUZE	2025 SPE PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNIFER MISKIMINS	2026 SPE PRESIDENT	1.00	Officer Director	$0	$0	$0
RODOLFO CAMACHO VELAZQUEZ	TD - DATA SCI. & ENG. (THRU 9/25/24)	1.00	Director	$0	$0	$0
KAREN OLSON	TD - COMPLETIONS (THRU 9/25/24)	1.00	Director	$0	$0	$0
HISHAM ZUBARI	RD - ME & NORTH AFRICA (THRU 9/25/24)	1.00	Director	$0	$0	$0
SIMEON EBURI LOSOHA	RD - NORTH AMERICA (THRU 9/25/24)	1.00	Director	$0	$0	$0
OGEE EFFIOM	RD - AFRICA (THRU 9/25/24)	1.00	Director	$0	$0	$0
HENRICUS HERWIN	RD - ASIA PACIFIC (THRU 9/25/24)	1.00	Director	$0	$0	$0
ROBERT MARTINEZ	RD - NORTH AMERICA	1.00	Director	$0	$0	$0
MOHAMED AL-MARZOUQI	RD - MIDDLE EAST & NORTH AFRICA	1.00	Director	$0	$0	$0
ROBIN MACMILLAN	TD - DRILLING	1.00	Director	$0	$0	$0
SUE STALEY	TD - HSE & SUSTAINABILITY	1.00	Director	$0	$0	$0
HAMAD AL-MARRI	TD - PRODUCTION & FACILITIES	1.00	Director	$0	$0	$0
PIERRE D'HUART	RD - EUROPE	1.00	Director	$0	$0	$0
HAZLI KASSIM	RD - ASIA PACIFIC	1.00	Director	$0	$0	$0
CARLOS PEDROSO	RD - LATIN AMERICA & CARIBBEAN	1.00	Director	$0	$0	$0
ALEXEY BORISENKO	RD - RUSSIA & CASPIAN	1.00	Director	$0	$0	$0
KIM ORACHESKI	RD - NORTH AMERICA	1.00	Director	$0	$0	$0
SUSHMA BHAN	TD - DATA SCIENCE & ENG. ANALYTICS	1.00	Director	$0	$0	$0
ABDULLATIF AL-OMAIR	RD - MIDDLE EAST	1.00	Director	$0	$0	$0
RIVERSON OPPONG	RD - AFRICA	1.00	Director	$0	$0	$0
RAHIM MASOUDI	TD - RESERVOIR	1.00	Director	$0	$0	$0
CARLOS TORRES	RD - NORTH AMERICA	1.00	Director	$0	$0	$0
KOJI YAMAMOTO	RD - ASIA PACIFIC	1.00	Director	$0	$0	$0
PEGGY RIJKEN	TD - COMPLETIONS	1.00	Director	$0	$0	$0
SIMON D SEATON	CEO AND EXECUTIVE VP	38.00	Officer	$441,179	$55,987	$497,166
MICHELLE BOYD	CHIEF OPERATING OFFICER	20.00	Officer	$284,707	$85,244	$369,951
STEVEN BYRNE	CHIEF FINANCIAL OFFICER	38.00	Officer	$254,088	$49,137	$303,225
JANE BOYCE	DIRECTOR - MEMBER SERVICES	35.00	Key Emp	$210,338	$38,022	$248,360
KIMBERLY RICHARDSON	DIRECTOR - IT (THRU 2/5/25)	40.00	Key Emp	$166,950	$27,429	$194,379
DANA OTILLIO	VP, COMMUNICATIONS	40.00	Key Emp	$226,686	$38,168	$264,854
JUDY JOHNSTON	GENERAL COUNSEL (THRU 2/3/25)	39.00	Highest	$233,157	$29,297	$262,454
PAMELA BOSCHEE	DIRECTOR, MAGAZINES	40.00	Highest	$180,193	$43,242	$223,435
KIRK COLLIGAN	SALE EXHIBITS AND SPONSORS. MANAGER	40.00	Highest	$184,684	$47,088	$231,772
HENRY PATRICK TINNE	SENIOR BUSINESS DEVELOPEMENT MANAGER	40.00	Highest	$221,947	$14,103	$236,050
DANNY FOSTER	ASSOCIATE DIRECTOR, AMERICA	38.00	Highest	$201,204	$27,060	$228,264

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	$41,189,747	$42,038,601	$48,361,660	$-848,854
2024	$37,661,300	$40,890,940	$51,294,209	$-3,229,640
2023	$32,981,663	$37,273,279	$52,217,792	$-4,291,616
2022	$33,510,702	$31,039,043	$59,462,727	$2,471,659
2021	$26,294,449	$29,633,012	$63,037,265	$-3,338,563
2020	$44,063,984	$45,154,364	$66,951,629	$-1,090,380
2019	$45,842,914	$43,425,459	$74,519,860	$2,417,455
2018	$45,307,369	$43,908,531	$71,615,723	$1,398,838

SOCIETY OF PETROLEUM ENGINEERS INC