GULF ENERGY ALLIANCE ASSOCIATION

EIN: 932891565 Environment

THE WOODLANDS, TX

Total Revenue
$777,694
Total Expenses
$888,935
Total Assets
$255,969
Net Assets
$179,409
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DE
Principal Officer
KEVIN BRUCE
Phone
2816819500
Tax Period
2024-01-01 to 2024-12-31

GULF ENERGY ALLIANCE ASSOCIATION, founded in 2023, is a small nonprofit in the Environment sector that reported $778K in total revenue in fiscal year 2024. Expenses of $889K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE GULF ENERGY ALLIANCE ASSOCIATION (GEAA) REPRESENTS THE MEN AND WOMEN OF THE INDEPENDENT OFFSHORE OIL AND GAS PRODUCERS WHO ARE DEDICATED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE ENERGY RESOURCES THAT FUEL THE USA AND THE WORLD. GEAA'S SPECIFIC MISSION IS TO SUPPORT AND SHAPE POLICIES AND REGULATIONS THAT ENCOURAGE INVESTMENT, INNOVATION AND JOB CREATION FOR THE OFFSHORE OIL AND GAS INDUSTRY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $777,000
Investment Income $0
Other Revenue $694
TOTAL REVENUE $777,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $888,935
TOTAL EXPENSES $888,935

Year-over-Year Comparison

2024 2023 Change
Revenue $777,694 $758,695 +0.0%
Expenses $888,935 $468,045 +0.9%
Net Income $-111,241 $290,650 -1.4%
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

Sign In

Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
1

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN BRUCE EXECUTIVE DIRECTOR 5.00
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
2024 $777,694 $888,935 $255,969 $-111,241
2023 $758,695 $468,045 $298,961 $290,650
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GULF ENERGY ALLIANCE ASSOCIATION with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.