American Assoc of Drilling Engr of No

Nonprofit profile at a glance

EIN
721147333
IRS 990-EZ coverage
2011–2024
Forms available
Form 990 2014, Form 990-EZ 2024
Location
New Orleans, LA, USA
Phone
9855906425
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$54,476
Expenses
$75,799
Assets
$227,643

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JONATHAN NUNN (President)
  • CHUCK HINNANT (Vice President)
  • JOHN KABERLEIN (Vice President)

People named in this filing

  • ANTHONY ROSSI (Treasurer)
  • CHRISTINE CHATELAIN (SECR/TREAS)
  • JONATHAN NUNN (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The chapter meetings and technological programs provide a forum for the exchange of ideas, current technology, and other industry related information and presentations given by industry experts. The golf tournament enabled praticipants from many areas of the country to develop contacts for the exchange of ideas, current technology, and other industry-related information. The tournament was open to non-members as well as members. The fin, feather, fur festival provides an opportunity to promote general unity within the organization as well as the industry in a less formal atmosphere than the technical programs allow. The festival is also used to promote general membership. The festival was open to non-members as well as members.

What it reported doing in 2024

Scholarships for 14 engineering students pursuing careers in the oil and gas industry.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of total spending goes to programs and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.3%; rating input score 63
  • Program expense ratio: 45.5%; rating input score 46

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -39.1%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 3; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -8.4% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -6.7% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 63.3% of revenue deployed · 45.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $34K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Program expense ratio scored 46/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.