PERMIAN BASIN GEOPHYSICAL SOCIETY (EIN 756081452) - 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

1969

Legal Domicile

Principal Officer

JASON WAGNER

Phone

4325285724

Tax Period

2023-07-01 to 2024-06-30

PERMIAN BASIN GEOPHYSICAL SOCIETY, founded in 1969, is a micro nonprofit that reported $57K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $20K, a strong 35% operating margin.

Mission

THE PERMIAN BASIN GEOPHYSICAL SOCIETY IS INCORPORATED FOR THE PURPOSE OF PROMOTING INTEREST, PARTICIPATION, AND EDUCATION IN THE SCIENCE OF GEOPHYSICS AND GEOLOGY, THROUGH THE COOPERATIVE

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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 $56,506

Program Service Revenue $0

Investment Income $8

Other Revenue $0

TOTAL REVENUE $56,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $36,616

TOTAL EXPENSES $36,616

Year-over-Year Comparison

	2023	2022	Change
Revenue	$56,514	$60,089	-0.1%
Expenses	$36,616	$29,893	+0.2%
Net Income	$19,898	$30,196	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON BIANCO	PRESIDENT	N/A	Officer	$0	$0	$0
FRELYNN COHRS	VICE PRESIDE	N/A	Officer	$0	$0	$0
RICHARD EDEN	PRESIDENT EL	N/A	Officer	$0	$0	$0
SUMIT VERMA	SECRETARY	N/A	Officer	$0	$0	$0
JASON WAGNER	TREASURER	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$56,514	$36,616	$645,570	$19,898
2023	$60,089	$29,893	$625,672	$30,196
2022	$48,201	$41,492	$595,476	$6,709
2021	$3,097	$5,934	$588,767	$-2,837
2020	$71,231	$71,009	$591,603	$222
2019	$92,657	$95,209	$591,383	$-2,552

PERMIAN BASIN GEOPHYSICAL SOCIETY