Form 990 for tax year 2022
Filed by AMERICAN ASSOCIATION OF DRILLING ENGINEERS.
Totals
- Total revenue
- $456,332
- Total expenses
- $270,939
- Contributions and grants received
- $0
- Grants paid
- $25,000
- Program service revenue
- $270,967
- Investment income
- $66
- Other revenue
- $185,299
- Total assets, end of year
- $591,710
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $591,710
- Program services expenses (Part IX)
- $188,546
- Management and general expenses
- $82,393
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $188,546
Program services were 69.6% 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 $219,815 · related or exempt $219,815
-
2b · Program service revenue: TECH CONFERENCE
total $42,632 · related or exempt $42,632
-
2c · Program service revenue: WEBSITE SPONSORSHIPS
total $8,520 · related or exempt $8,520
-
3 · Investment income
total $66 · related or exempt $66
-
8a · Fundraising events: gross income
$282,533
-
8b · Fundraising events: direct expenses
$97,234
-
8c · Net income from fundraising events
total $185,299
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $25,000 · program services $25,000
-
11c · Fees: accounting
total $1,320 · management and general $1,320
-
11g · Fees: other
total $59,018 · program services $8,027 · management and general $50,991
-
13 · Office expenses
total $10 · management and general $10
-
23 · Insurance
total $30,072 · management and general $30,072
-
24a · Other expenses: COGS
total $155,519 · program services $155,519
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $406,317 · end of year $591,710
-
27 · Net assets without donor restrictions
beginning of year $406,317 · end of year $591,710
Mission and programs · 2022
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 $8,027 · Revenue $270,967
-
TO ESTABLISH AN ENDOWED PROFESSORSHIP IN PETROLEUM ENGINEERING AT THE UNIVERSITY OF HOUSTON.
Expenses $180,519 · Grants $25,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brandon BarnesBRANDON BARNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ryan BroglieRYAN BROGLIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christine ChatelainCHRISTINE CHATELAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rick DavisRICK DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rick FarmerRICK FARMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Remie FerreiraREMIE FERREIRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Corey FredrickCOREY FREDRICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Trey GarmonTREY GARMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
George HanstGEORGE HANST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff HughesJEFF HUGHES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeremiah JonesJEREMIAH JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joe LeimkuhlerJOE LEIMKUHLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Virginia MartindaleVIRGINIA MARTINDALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason MayJASON MAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Les McDanielLES MCDANIEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Geree Wald MortonGEREE WALD MORTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Rene St PierreRENE ST PIERRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kerry RedmannKERRY REDMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Janie SnelsonJANIE SNELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Randy ThomasRANDY THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Heath WoodrumHEATH WOODRUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert ChavezROBERT CHAVEZ
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Skipper JohnsonSKIPPER JOHNSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Sharon MooreSHARON MOORE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2.5
-
Jenaya RohlfingJENAYA ROHLFING
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Bob VaughnBOB 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
-
TEXAS TECH UNIVERSITY
$25,000
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333039349300343
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