Form 990 for tax year 2024
Filed by PERMIAN BASIN OILMANS BASS INVITATIONAL INC.
Totals
- Total revenue
- $166,179
- Total expenses
- $195,668
- Contributions and grants received
- $200,805
- Grants paid
- $182,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$34,626
- Total assets, end of year
- $58,175
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $58,175
- Program services expenses (Part IX)
- $182,500
- Management and general expenses
- $13,168
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $182,500
Program services were 93.3% 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.
-
1c · Fundraising events
$200,805
-
1g · Noncash contributions included above
$6,500
-
8a · Fundraising events: gross income
$145,465
-
8a · Fundraising events: contributions included on line 1c
$200,805
-
8b · Fundraising events: direct expenses
$180,091
-
8c · Net income from fundraising events
total -$34,626 · excluded -$34,626
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $182,500 · program services $182,500
-
11c · Fees: accounting
total $6,095 · management and general $6,095
-
23 · Insurance
total $2,980 · management and general $2,980
-
24a · Other expenses: BANK FEES
total $3,657 · management and general $3,657
-
24b · Other expenses: PO BOX EXPENSE
total $436 · management and general $436
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $87,664 · end of year $58,175
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $87,664 · end of year $58,175
Mission and programs · 2024
Mission
TO BENEFIT LOCAL CHILDREN WITH LIFE THREATENING ILLNESSES
-
AN ANNUAL BASS TOURNAMENT IS PUT ON EACH YEAR TO RAISE MONEY FOR THE MAKE A WISH FOUNDATION TO BENEFIT LOCAL CHILDREN WITH LIFE THREATENING ILLNESSES
Expenses $182,500 · Grants $182,500
As filed on the 2024 return.
Listed in Part VII
-
MIKE ARNOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BLAKE ARTHUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CONNIE CALOBREVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CONNOR MCKOWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALBERT MAES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRAD DUNNAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DALE WELCH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
GAIL RIGGAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
KOBY WEST
TREASURER
- 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
-
$90,000
GENERAL FUNDING
-
$90,000
GENERAL FUNDING
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513189349308076
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