Council of Petroleum Accountants Societi (EIN 752796868) - 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

1961

Principal Officer

Thomas H Wierman

Phone

3033001131

Tax Period

2023-01-01 to 2023-12-31

Council of Petroleum Accountants Societi, founded in 1961, is a small nonprofit in the Community Improvement sector that reported $698K in total revenue in fiscal year 2023. Expenses of $665K left a modest 5% surplus.

Mission

COPAS provides expertise for the oil and gas industry through the development of model form accounting procedures, publications, education and provides a forum for the exchange of ideas which result in innovative business and accounting solutions.

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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 (2023)

Revenue Breakdown

Contributions & Grants $155,615

Program Service Revenue $527,617

Investment Income $14,509

Other Revenue $0

TOTAL REVENUE $697,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $314,155

Fundraising Expenses $0

Other Expenses $350,970

TOTAL EXPENSES $665,125

Year-over-Year Comparison

	2023	2022	Change
Revenue	$697,741	$706,511	0.0%
Expenses	$665,125	$597,148	+0.1%
Net Income	$32,616	$109,363	-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

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

$225,989

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas H Wierman	Executive Dir.	40.00	Director	$190,387	$35,602	$225,989
Melissa Ann Gruenewald	Director	1.00	Director	$0	$0	$0
Dalin Thomas Error	Director	1.00	Officer Director	$0	$0	$0
Catherine K Naughton Peyton	Vice President	1.00	Officer Director	$0	$0	$0
Craig Michael Arthur Buck	President	1.00	Officer Director	$0	$0	$0
Thomas Duane Batsche	Director	1.00	Director	$0	$0	$0
Kevin Bates Launchbaugh	Treasurer	1.00	Director	$0	$0	$0
Rebecca Judith Paris	Secretary	1.00	Officer Director	$0	$0	$0
Kirk Dennis Foreman	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	$697,741	$665,125	$462,696	$32,616
2022	$706,511	$597,148	$605,641	$109,363
2021	$615,666	$638,685	$336,946	$-23,019
2020	$576,394	$642,497	$339,110	$-66,103
2019	$774,528	$786,201	$486,427	$-11,673
2018	$784,099	$919,396	$517,564	$-135,297

Council of Petroleum Accountants Societi