Petroleum Accountants Society Of Oklahoma Tulsa Chapter
EIN: 731006391 · Tulsa, OK · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $33K |
| Net Assets | $179K |
Is Petroleum Accountants Society Of Oklahoma Tulsa Chapter Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Petroleum Accountants Society Of Oklahoma Tulsa Chapter
Petroleum Accountants Society Of Oklahoma Tulsa Chapter (EIN: 731006391) is a nonprofit organization based in Tulsa, OK, classified under NTEE code S41. The organization reported total revenue of $101K and total assets of $184K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Petroleum Accountants Society Of Oklahoma Tulsa Chapter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Petroleum Accountants Society Of Oklahoma Tulsa Chapter is a small nonprofit that has been operating for 7 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -19.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $33K |
| Surplus / Deficit | $-17,609 |
| Total Assets | $179K |
| Net Assets | $179K |
| Operating Margin | -117.5% |
| Months of Reserves | 65.8 months |
Financial Health Grade: B
In 2024, Petroleum Accountants Society Of Oklahoma Tulsa Chapter reported a deficit of $18K with expenses exceeding revenue, holds 65.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Petroleum Accountants Society Of Oklahoma Tulsa Chapter's revenue has declined at a compound annual growth rate (CAGR) of -19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -83.8% | +66.4% | -9.0% |
| 2023 | +402.4% | -51.7% | +58.8% |
| 2022 | +38.9% | +253.8% | -15.2% |
| 2021 | -88.8% | -91.6% | +1.2% |
| 2020 | +51.7% | +107.2% | -11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Petroleum Accountants Society Of Oklahoma Tulsa Chapter has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Petroleum Accountants Society Of Oklahoma Tulsa Chapter with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Frequently Asked Questions about Petroleum Accountants Society Of Oklahoma Tulsa Chapter
Is Petroleum Accountants Society Of Oklahoma Tulsa Chapter a legitimate charity?
Petroleum Accountants Society Of Oklahoma Tulsa Chapter (EIN: 731006391) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $101K. No red flags identified. Financial health grade: B.
How does Petroleum Accountants Society Of Oklahoma Tulsa Chapter spend its money?
Petroleum Accountants Society Of Oklahoma Tulsa Chapter reported $101K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Petroleum Accountants Society Of Oklahoma Tulsa Chapter tax-deductible?
Petroleum Accountants Society Of Oklahoma Tulsa Chapter is registered as a tax-exempt nonprofit (EIN: 731006391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Petroleum Accountants Society Of Oklahoma Tulsa Chapter located?
Petroleum Accountants Society Of Oklahoma Tulsa Chapter is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 731006391. It is classified under NTEE code S41.
How many years of IRS 990 filings does Petroleum Accountants Society Of Oklahoma Tulsa Chapter have?
Petroleum Accountants Society Of Oklahoma Tulsa Chapter has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $101K in total revenue.
Filing History
IRS 990 filing history for Petroleum Accountants Society Of Oklahoma Tulsa Chapter showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Petroleum Accountants Society Of Oklahoma Tulsa Chapter's revenue has declined by 92.5%, moving from $199K to $15K. Total assets increased by 126.2% over the same period, from $79K to $179K. Total functional expenses fell by 79.6%, from $160K to $33K. In its most recent filing year (2024), Petroleum Accountants Society Of Oklahoma Tulsa Chapter reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $15K | $33K | $179K | $0 | — | — |
| 2023 | $92K | $20K | $196K | $0 | — | View 990 |
| 2022 | $18K | $41K | $124K | $0 | — | — |
| 2021 | $13K | $11K | $146K | $0 | — | — |
| 2020 | $118K | $137K | $144K | $0 | — | View 990 |
| 2019 | $78K | $66K | $163K | $0 | — | View 990 |
| 2018 | $43K | $69K | $152K | $0 | — | — |
| 2017 | $94K | $81K | $178K | $0 | — | — |
| 2016 | $55K | $68K | $165K | $0 | — | — |
| 2015 | $161K | $100K | $177K | $0 | — | View 990 |
| 2014 | $71K | $84K | $117K | $0 | — | View 990 |
| 2013 | $152K | $101K | $130K | $0 | — | View 990 |
| 2012 | $199K | $160K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $15K, expenses of $33K, and assets of $179K (revenue -83.8% year-over-year).
- 2023: Revenue of $92K, expenses of $20K, and assets of $196K (revenue +402.4% year-over-year).
- 2022: Revenue of $18K, expenses of $41K, and assets of $124K (revenue +38.9% year-over-year).
- 2021: Revenue of $13K, expenses of $11K, and assets of $146K (revenue -88.8% year-over-year).
- 2020: Revenue of $118K, expenses of $137K, and assets of $144K (revenue +51.7% year-over-year).
- 2019: Revenue of $78K, expenses of $66K, and assets of $163K (revenue +81.1% year-over-year).
- 2018: Revenue of $43K, expenses of $69K, and assets of $152K (revenue -54.5% year-over-year).
- 2017: Revenue of $94K, expenses of $81K, and assets of $178K (revenue +70.2% year-over-year).
- 2016: Revenue of $55K, expenses of $68K, and assets of $165K (revenue -65.6% year-over-year).
- 2015: Revenue of $161K, expenses of $100K, and assets of $177K (revenue +126.5% year-over-year).
- 2014: Revenue of $71K, expenses of $84K, and assets of $117K (revenue -53.1% year-over-year).
- 2013: Revenue of $152K, expenses of $101K, and assets of $130K (revenue -23.9% year-over-year).
- 2012: Revenue of $199K, expenses of $160K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Petroleum Accountants Society Of Oklahoma Tulsa Chapter:
Data Sources and Methodology
This transparency report for Petroleum Accountants Society Of Oklahoma Tulsa Chapter is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.