Form 990 for tax year 2024
Filed by OKLAHOMA ENERGY EDUCATION FOUNDATION.
Totals
- Total revenue
- $347,340
- Total expenses
- $521,439
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $324,376
- Investment income
- $22,964
- Other revenue
- $0
- Total assets, end of year
- $5,262,944
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,262,944
- Program services expenses (Part IX)
- $116,474
- Management and general expenses
- $403,530
- Fundraising expenses
- $1,435
- Program service expenses (Part III)
- $116,474
Program services were 22.3% 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.
-
2a · Program service revenue: RENTAL REVENUE
total $324,376 · related or exempt $162,188 · unrelated business $162,188
-
3 · Investment income
total $22,964 · excluded $22,964
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $15,000 · management and general $15,000
-
11g · Fees: other
total $51,637 · program services $23,768 · management and general $27,869
-
13 · Office expenses
total $14,989 · program services $7,136 · management and general $7,853
-
16 · Occupancy
total $256,256 · program services $12,761 · management and general $243,495
-
22 · Depreciation, depletion and amortization
total $164,725 · program services $68,199 · management and general $95,091 · fundraising $1,435
-
23 · Insurance
total $18,832 · program services $4,610 · management and general $14,222
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $590,091 · end of year $576,097
-
10a · Land, buildings and equipment: cost or other basis
$6,789,287
-
10b · Land, buildings and equipment: accumulated depreciation
$2,102,440
-
10c · Land, buildings and equipment, net
beginning of year $4,846,952 · end of year $4,686,847
-
27 · Net assets without donor restrictions
beginning of year $5,437,043 · end of year $5,262,944
-
28 · Net assets with donor restrictions
beginning of year $0
Mission and programs · 2024
Mission
TO RAISE PUBLIC AWARENESS OF ENERGY ISSUES, TO EDUCATE THE GENERAL PUBLIC OF THE IMPORTANCE OF THE OIL AND GAS INDUSTRY, TO ENCOURAGE THE EFFICIENT USE OF ENERGY, TO PROMOTE ENVIRONMENTALLY SOUND PRODUCTION METHODS AND TECHNOLOGIES, AND TO PROMOTE THE TRANSFER OF ENERGY TECHNOLOGY.
Activities or mission (Part I)
TO RAISE PUBLIC AWARENESS OF ENERGY ISSUES, TO EDUCATE THE GENERAL PUBLIC OF THE IMPORTANCE OF THE OIL GAS INDUSTRY, TO ENCOURAGE THE EFFICIENT USE OF ENERGY, TO PROMOTE ENVIRONMENTALLY SOUND PRODUCTION METHODS AND TECHNOLOGIES, AND TO PROMOTE THE TRANSFER OF ENERGY TECHNOLOGY.
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TO RAISE PUBLIC AWARENESS OF ENERGY ISSUES, TO EDUCATE THE GENERAL PUBLIV OF THE IMPORTANCE OF THE OIL AND GAS INDUSTRY, TO ENCOURAGE THE EFFICIENT USE OF ENERGY, TO PROMOTE ENVIRONMENTALLY SOUND PRODUCTION METHODS AND TECHNOLOGIES, AND TO PROMOTE THE TRANSFER OF ENERGY TECNOLOGY.
Expenses $116,474 · Revenue $162,188
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DAVID D LE NORMAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 20 related
-
CHAD MCDOUGALL
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5 + 10 related
-
SEAN FLYNN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
TIM HALEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
JUSTIN BYRNE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
SAMANTHA OMEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
BROOK A SIMMONS
EXECUTIVE DIRECTOR
- Total calculated
- $444,317
- From this org
- $15,000
- From related orgs
- $415,000
- Other
- $14,317
- Hours/week
- 15 + 45 related
Schedule J breakdown matched by us
- Base
- $15,000 + $315,000 related
- Bonus
- $0 + $100,000 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $14,317 related
- Filer's total
- $15,000 + $429,317 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
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PETROLEUM ALLIANCE OF OKLAHOMA INC
501(C)(6) · PROMOTION OF THE OKLAHOMA OIL & GAS INDUSTRY · OK
-
PETROLEUM ALLIANCE OF OKLAHOMA PAC
527 · PROMOTION OF THE OKLAHOMA OIL & GAS INDUSTRY · OK · controlled entity
Directly controlled by PETROLEUM ALLIANCE OF OKLAHOMA INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
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OKLAHOMA INDEPENDENT PETROLEUM FOUNDATION
C · MANAGEMENT SERVICE · OK
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349301319
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