Midland, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Permian Basin Association of Directional Drilling, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $200K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $38K, a strong 19% operating margin.
The Permian Basin Association of Directional Drilling (PBADD) is a nonprofit organization created by oil and gas industry professionals for oil and gas industry professionals. The PBADD is dedicated to providing an avenue or forum for the exchange of industry specific knowledge and ideas that aid in the advancement of the directional drilling industry. Bringing oil and gas operators and service providers together in a collaborative and professional manner to enhance all aspects of the drilling services industry in the Permian Basin
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $199,633 | $169,255 | +0.2% |
| Expenses | $161,912 | $126,466 | +0.3% |
| Net Income | $37,721 | $42,789 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| Michael Elphick | President | 0.00 |
Director
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$0 | $0 | $0 |
| Lindsey Keith | Secretary | 0.00 |
Director
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$0 | $0 | $0 |
| Casey Walker | Treasurer | 0.00 |
Director
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$0 | $0 | $0 |
| Anthony Uchytil | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Jason Evans | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Mike Starkey | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Thomas Coggins | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Hayley Casper | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Russell Johnson | Vice President | 0.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $199,633 | $161,912 | $231,133 | $37,721 |
| 2023 | $169,255 | $126,466 | $85,929 | $42,789 |
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