DRIL-QUIP EMPLOYEE ASSISTANCE FUND

🔒

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

2017

Legal Domicile

Phone

7139397711

Tax Period

2023-01-01 to 2023-12-31

DRIL-QUIP EMPLOYEE ASSISTANCE FUND, founded in 2017, is a micro nonprofit in the Employment sector that reported $20K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

To provide need-based financial relief for employees of Dril-Quip Inc. or any of it's subsidiaries following a natural disaster or other tragic event.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

Schedule I Part I Line 2 - Schedule I Part I Line 2 - Applications will be reviewed by a Grant Committee of the Dril-Quip Employee Assistance Fund. Both the requests for funds and information...

Schedule I Part I Line 2 - Schedule I Part I Line 2 - Applications will be reviewed by a Grant Committee of the Dril-Quip Employee Assistance Fund. Both the requests for funds and information provided with the application will be kept confidential. Fully complete applications will be reviewed within 10 business days. Applications must be submitted within 30 days of the qualifying event. In the case of widespread natural disaster the Grant Committee will follow an emergency grant process to expedite the distribution of funds. In addition the Grant Commitee may consider grants to non-employees in the case of widespread natural disasters. Request for assistance must include appropriate documentation in order for the applications to be considered. Applications should describe in detail the event that has created the hardship. Individual applicants will be required to send supporting documentation.

🔒

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 $19,666

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $19,666

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,666	$23,621	-0.2%
Expenses	N/A	N/A	N/A
Net Income	N/A	$23,621	N/A

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

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
Jeffrey Bird	President	0.05	Officer Director	$0	$0	$0
James Webster	VP and Secretary	0.05	Officer Director	$0	$0	$0
Mahesh Puducheri	VP	0.05	Officer Director	$0	$0	$0
Alice Huang	Treasurer	0.05	Officer 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	$19,666	No data	$86,901	No data
2022	$23,621	No data	$67,235	No data
2021	$28,607	$58,620	$43,614	$-30,013
2020	$4,982	$13,000	$73,627	$-8,018
2019	$7,391	$9,500	$82,295	$-2,109