Utah Petroleum Association

EIN: 870632274 Community Improvement

Cottonwood Heights, UT

Total Revenue
$1,087,660
Total Expenses
$1,224,956
Total Assets
$786,324
Net Assets
$712,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
UT
Principal Officer
Rikki Hrenko-Browning
Phone
4352190963
Tax Period
2025-01-01 to 2025-12-31

Utah Petroleum Association, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 13% operating deficit.

Program Service Accomplishments

Program 1

UPA organizes an annual golf tournament known as the Oil & Gas Classic. The Oil & Gas Classic is an opportunity for industry professionals and others interested in the industry to get to know each...

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UPA organizes an annual golf tournament known as the Oil & Gas Classic. The Oil & Gas Classic is an opportunity for industry professionals and others interested in the industry to get to know each other in a relaxed environment. The Oil & Gas Classic is well-attended and participants have many opportunities to reconnect with others in the industry or to forge new relationships. Proceeds of the Oil & Gas Classic are generally used to fund UPAs other activities, including the annual and mid-year meetings and UPAs policy-influencing activities. In addition, the association hosts a top golf charity, a fly flishing charity and various lunch and learn activities.

Program 2

UPA conducts an Annual Meeting along the Wasatch Front. The Annual Meeting is a meeting of members and non-members. At the meeting, participants are able to engage with each other concerning the oil...

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UPA conducts an Annual Meeting along the Wasatch Front. The Annual Meeting is a meeting of members and non-members. At the meeting, participants are able to engage with each other concerning the oil and gas industry and to interact with exhibitors, who represent all parts of the industry. In addition to creating an informal atmosphere for collaboration, the Annual Meeting has speakers to whom participants may listen concerning relevant topics to the industry. Speakers normally include experts in the field, as well as, government leaders and rule-makers whose decisions have an impact on the oil and gas industry.

Program 3

UPA Organizes special projects for the benefit of our members to help members cost share consulting or legal expertise, for example to address issues affecting multiple industry members ranging from...

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UPA Organizes special projects for the benefit of our members to help members cost share consulting or legal expertise, for example to address issues affecting multiple industry members ranging from operational rules and regulations to air quality and water issues. We also use special projects to organize efforts to support our members jontly funding community support initiatives, such as annual tribal holiday voucher where UPA partners with the Ute Tribe to provide each tribal family with financial vouchers that can be used during the holiday season.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,040,532
Program Service Revenue $296,194
Investment Income $15,181
Other Revenue $-264,247
TOTAL REVENUE $1,087,660

Expense Breakdown

Grants Paid $23,860
Salaries & Benefits $574,578
Fundraising Expenses $0
Other Expenses $626,518
TOTAL EXPENSES $1,224,956

Year-over-Year Comparison

2025 2024 Change
Revenue $1,087,660 $1,425,169 -0.2%
Expenses $1,224,956 $1,166,720 +0.0%
Net Income $-137,296 $258,449 -1.5%
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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Governance

Voting Members
13
Independent Members
13
Employees
3
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
3
$0
Total Directors
14
$299,980
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rikki Hrenko Browning President 40.00
Director Highest
$299,980 $0 $299,980
Kristina Brown Chair 2.00
Officer Director
$0 $0 $0
Brad Shafer Vice Chair 2.00
Officer Director
$0 $0 $0
Dan Brooks Vice Chair 2.00
Officer Director
$0 $0 $0
Jeremy Price Executive Committee 2.00
Director
$0 $0 $0
Spencer Kimball Executive Committee 2.00
Director
$0 $0 $0
Cameron Cuch Executive Committee 2.00
Director
$0 $0 $0
James Lebeck Executive Committee 2.00
Director
$0 $0 $0
Kristen Lingley Executive Committee 2.00
Director
$0 $0 $0
Keelen Hauptman Executive Committee 2.00
Director
$0 $0 $0
Nick Tunnell Executive Committee 2.00
Director
$0 $0 $0
Drew McCallister Executive Committee 2.00
Director
$0 $0 $0
Stephen Jeffs Executive Committee 2.00
Director
$0 $0 $0
Mike Swanson Executive Committee 2.00
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
2025 $1,087,660 $1,224,956 $786,324 $-137,296
2024 $1,425,169 $1,166,720 $901,554 $258,449
2023 $1,306,988 $991,926 $1,240,967 $315,062
2022 $774,187 $883,340 $439,189 $-109,153
2020 $620,875 $479,560 $373,207 $141,315
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