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Nonprofiteer
← AMERICAN ASSOCIATION OF DRILLING ENGINEERS

Form 990 for tax year 2024

Filed by AMERICAN ASSOCIATION OF DRILLING ENGINEERS.

Totals

Total revenue
$696,999
Total expenses
$559,565
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$518,044
Investment income
$172
Other revenue
$178,783
Total assets, end of year
$1,061,936
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,061,936
Program services expenses (Part IX)
$468,606
Management and general expenses
$90,959
Fundraising expenses
$0
Program service expenses (Part III)
$468,606

Program services were 83.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: DRILLING FLUIDS CONFERENCE

    total $303,759 · related or exempt $303,759

  • 2b · Program service revenue: TECH CONFERENCE

    total $132,707 · related or exempt $132,707

  • 2c · Program service revenue: SPONSORSHIPS

    total $79,701 · related or exempt $79,701

  • 2d · Program service revenue: WEBSITE SPONSORSHIPS

    total $1,877 · related or exempt $1,877

  • 3 · Investment income

    total $172 · related or exempt $172

  • 8a · Fundraising events: gross income

    $268,833

  • 8b · Fundraising events: direct expenses

    $90,050

  • 8c · Net income from fundraising events

    total $178,783

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $2,567 · management and general $2,567

  • 11g · Fees: other

    total $194,835 · program services $138,957 · management and general $55,878

  • 23 · Insurance

    total $32,514 · management and general $32,514

  • 24a · Other expenses: COGS

    total $329,649 · program services $329,649

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $924,502 · end of year $1,061,936

  • 27 · Net assets without donor restrictions

    beginning of year $924,502 · end of year $1,061,936

Mission and programs · 2024

Mission

TO PROVIDE THE FORUM FOR THE DISSIMATION OF PRACTICAL DRILLING TECHNOLOGY TO STUDENTS, THOSE EMPLOYED IN OR INTERESTED IN THE DRILLING INDUSTRY.

  • DISSEMINATION OF INFORMATION & EXCHANGE OF IDEAS WITH REGARDS TO THE DRILLING INDUSTRY

    Expenses $138,957 · Revenue $518,044

  • TO ESTABLISH AN ENDOWED PROFESSORSHIP IN PETROLEUM ENGINEERING AT THE UNIVERSITY OF HOUSTON.

    Expenses $329,649

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • BRANDON BARNES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • GERRIT BENNIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • TULLY BLANCHARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DANIEL BOONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JEFF BRUTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • RICK FARMER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • REMIE FERREIRA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CODY GODSELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BRANDON HERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MATT HILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JEFF HUGHES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JEREMIAH JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ALEX LAWLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOE LEIMKUHLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JASON MAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BRETT MCADAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SHARON MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • GEREE WALD MORTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JONATHAN NUNN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • RENE ST PIERRE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • KERRY REDMANN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • RUSTY RITZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JENAYA ROHLFING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • KRISTI SCHULTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JANIE SNELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • RANDY THOMAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SCOTT WILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • HEALTH WOODRUM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ROBERT CHAVEZ

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2.5
  • SKIPPER JOHNSTON

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • VIRGINIA MARTINDALE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5
  • BOB VAUGHN

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.0
Source object
202513179349305161

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