Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $2,817,550

• 1c · Fundraising events

  $117,000

• 1f · All other contributions, gifts and grants

  $236,529

• 1g · Noncash contributions included above

  $5,000

• 2a · Program service revenue: ENERGY AND DEPTH INITIATIVE

  total $1,621,250 · related or exempt $1,621,250

• 2b · Program service revenue: NAPE EXPO, LP

  total $485,150 · related or exempt $485,150

• 2c · Program service revenue: CONFERENCES & MEETINGS

  total $133,568 · related or exempt $133,568

• 2d · Program service revenue: OTHER PROGRAM REVENUE

  total $7,515 · related or exempt $7,515

• 3 · Investment income

  total $56,849 · related or exempt $56,849

• 7a · Gross sales of assets other than inventory

  securities $3,185,038

• 7b · Less cost or other basis and sales expenses

  securities $3,173,162

• 7c · Gain or loss

  securities $11,876

• 7d · Net gain or loss

  total $11,876 · related or exempt $11,876

• 8a · Fundraising events: gross income

  $44,300

• 8a · Fundraising events: contributions included on line 1c

  $117,000

• 8b · Fundraising events: direct expenses

  $91,438

• 8c · Net income from fundraising events

  total -$47,138 · excluded -$47,138

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $3,635 · related or exempt $3,635

• 11e · Other revenue, total

  $3,635

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,733

• 5 · Compensation of officers, directors and key employees

  total $1,075,400

• 6 · Compensation of disqualified persons

  total $254,584

• 7 · Other salaries and wages

  total $635,391

• 8 · Pension plan contributions

  total $92,373

• 10 · Payroll taxes

  total $124,506

• 11b · Fees: legal

  total $25,955

• 11c · Fees: accounting

  total $29,138

• 11f · Fees: investment management

  total $11,870

• 11g · Fees: other

  total $1,631,073

• 12 · Advertising and promotion

  total $35,310

• 13 · Office expenses

  total $177,497

• 14 · Information technology

  total $98,490

• 16 · Occupancy

  total $87,553

• 17 · Travel

  total $124,761

• 19 · Conferences, conventions and meetings

  total $189,498

• 20 · Interest

  total $3,402

• 22 · Depreciation, depletion and amortization

  total $34,575

• 23 · Insurance

  total $208,372

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $34,819

• 24b · Other expenses: BANK FEES

  total $30,498

• 24c · Other expenses: GIFTS & FLOWERS

  total $11,059

• 24d · Other expenses: TAXES-OTHER

  total $581

• 24e · All other expenses

  total $617

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,207,946 · end of year $1,469,768

• 2 · Savings and temporary cash investments

  beginning of year $11,258 · end of year $3,439

• 4 · Accounts receivable

  beginning of year $12,069 · end of year $1,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $181,235 · end of year $166,072

• 10a · Land, buildings and equipment: cost or other basis

  $72,681

• 10b · Land, buildings and equipment: accumulated depreciation

  $49,540

• 10c · Land, buildings and equipment, net

  beginning of year $44,959 · end of year $23,141

• 13 · Investments: program-related

  beginning of year $2,426,860 · end of year $2,591,920

• 15 · Other assets

  beginning of year $195,564 · end of year $421,699

• 17 · Accounts payable and accrued expenses

  beginning of year $534,723 · end of year $271,262

• 19 · Deferred revenue

  beginning of year $91,489 · end of year $124,530

• 24 · Unsecured notes and loans payable

  beginning of year $47,682 · end of year $25,689

• 25 · Other liabilities

  beginning of year $320,541 · end of year $548,166

• 27 · Net assets without donor restrictions

  beginning of year $2,270,317 · end of year $2,905,083

• 28 · Net assets with donor restrictions

  beginning of year $815,139 · end of year $802,309

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4

BARRETT RUSSELL 254,584 0 0