ROSWELL, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDEPENDENT PETROLEUM ASSOCIATION OF NEW MEXICO, founded in 1978, is a small nonprofit that reported $450K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $534K exceeded revenue, resulting in a 19% operating deficit.
TO PROVIDE A COMMON ASSOCIATION OF INDEPENDENT PRODUCERS OF OIL, GAS AND OTHER HYDROCARBONS AND RELATED INDUSTRIES THAT PROMOTES THE MAINTENANCE AND INTEGRITY OF OUR NATURAL RESOURCES. THE ASSOCIATION PROVIDES ITS MEMBERS WITH CRUCIAL INFORMATION AND PRESENTATION ON CURRENT AND PROPOSED LEGISLATION AND REGULATION AT STATE AND FEDERAL LEVELS.
ANNUAL MEETING - THE ASSOCIATION PROVIDES ITS MEMBERS WITH CRUCIAL INFORMATION AND REPRESENTATION ON CURRENT AND PROPOSED LEGISLATION AND REGULATION AT STATE AND FEDERAL LEVELS.
NEED PROGRAM - THE NEED PROGRAM IS AN ENERGY EDUCATION NETWORK OF STUDENTS, EDUCATORS, BUSINESS, GOVERNMENT AND COMMUNITY LEADERS DEDICATED TO DEVELOPING STRONG ENERGY PROGRAMS IN THE U.S. AND NEW...
NEED PROGRAM - THE NEED PROGRAM IS AN ENERGY EDUCATION NETWORK OF STUDENTS, EDUCATORS, BUSINESS, GOVERNMENT AND COMMUNITY LEADERS DEDICATED TO DEVELOPING STRONG ENERGY PROGRAMS IN THE U.S. AND NEW MEXICO SCHOOLS.
PUBLIC EDUCATION - TO EDUCATE THE PUBLIC ABOUT THE IMPORTANCE OF OIL AND GAS TO THE STATE OF NEW MEXICO AND ITS CITIZENS. THE PROGRAM INCLUDES 1) AN "OIL & GAS DAY AT THE CAPITOL," WHICH CONSISTS OF...
PUBLIC EDUCATION - TO EDUCATE THE PUBLIC ABOUT THE IMPORTANCE OF OIL AND GAS TO THE STATE OF NEW MEXICO AND ITS CITIZENS. THE PROGRAM INCLUDES 1) AN "OIL & GAS DAY AT THE CAPITOL," WHICH CONSISTS OF EXHIBITS AND SPEECHES BY STUDENTS, INDUSTRY SPOKESPERSONS AND GOVERNMENT OFFICIALS TO SHOWCASE HOW THE OIL AND GAS INDUSTRY IMPACTS OUR LIVES AND THE STATE ECONOMY; 2) A "WILDLIFE IN THE OILFIELD" PHOTO CONTEST TO SHOW THE PUBLIC THAT WILDLIFE IS ABUNDANT AROUND OILFIELD EQUIPMENT; AND 3) AN INFORMATIONAL MAGAZINE IS PRODUCED ABOUT THE INDUSTRY THAT IS WIDELY DISTRIBUTED THROUGHOUT THE STATE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $450,103 | $704,468 | -0.4% |
| Expenses | $533,627 | $444,645 | +0.2% |
| Net Income | $-83,524 | $259,823 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JARED HEMBREE | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| NICK PIATEK | NW VICE PRES | N/A |
Officer
Director
|
$0 | $0 | $0 |
| EMMONS YATES | SE VICE PRES | N/A |
Officer
Director
|
$0 | $0 | $0 |
| MITCH KRAKAUSKAS | SECRETARY TR | N/A |
Officer
Director
|
$0 | $0 | $0 |
| ALEX CAMPBELL | PAST PRESIDE | N/A |
Officer
Director
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$0 | $0 | $0 |
| JOHN ALEXANDER | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| JOSH LAMBERTON | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| NICK MCCLELLAND | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| REID EDWARDS | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| JUSTIN MCCLELLAND | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| RYAN DAVIS | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| TOM MULLINS | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| RON HILLMAN | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| RANDALL HUDSON | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| ED LAUER | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| RORY MCMINN | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| ROBERT G ARMSTRONG | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| TUCKER BAYLESS | DIRECTOR | N/A |
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$0 | $0 | $0 |
| RICHARD GILLILAND | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| FRANK GORHAM | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| JEFF HARVARD | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| T GREG MERRION | DIRECTOR | N/A |
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$0 | $0 | $0 |
| MARK MURPHY | DIRECTOR | N/A |
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$0 | $0 | $0 |
| GREG NIBERT | DIRECTOR | N/A |
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$0 | $0 | $0 |
| GLEN PAPP | DIRECTOR | N/A |
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$0 | $0 | $0 |
| LARRY SCOTT | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| JOHN THOMPSON | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| PAUL THOMPSON | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| GEORGE YATES | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| FRANK YATES | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| KRISTA MCWILLIAMS | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| HANSON YATES | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| SAM SHIVERICK | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| JIM WINCHESTER | EXECUTIVE DI | N/A |
Director
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$0 | $0 | $0 |
| JOHN BYROM | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| CLAIRE CHASE | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| PEYTON YATES | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| JOHN THOMAS | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| KYLE ARMSTRONG | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $450,103 | $533,627 | $511,606 | $-83,524 |
| 2022 | $704,468 | $444,645 | $577,787 | $259,823 |
| 2021 | $439,480 | $447,321 | $353,944 | $-7,841 |
| 2020 | $243,907 | $312,045 | $354,176 | $-68,138 |
| 2019 | $389,077 | $368,400 | $413,416 | $20,677 |
| 2018 | $343,225 | $416,044 | $392,739 | $-72,819 |
Compare INDEPENDENT PETROLEUM ASSOCIATION OF NEW MEXICO with other nonprofits in New Mexico and across the country.