Austin Petroleum Accountants Society
Nonprofit profile at a glance
- EIN
- 843241191
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Austin, TX, USA
- Phone
- 8064453822
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $8,015
- Expenses
- $6,654
- Assets
- $20,667
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- HEATHER JANK (PRESIDENT)
People named in this filing
- HEATHER JANK (PRESIDENT)
- MICHAEL MISCHLONEY (SECRETARY)
- NEIL BROWN (TREASURER)
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
Apas was formed as amember society of the national organization, copas. Apas was formed forthe purposes of: providing a forum for the exchange of information andideas, relaying the work of our society to the national copas board, studying and analyzing accoutning problem areas unique to the oil andgas industry, developing and distributing energy accounting guidelines, model form interpretations, best practices, and training and referencepublications, and for promoting educational and professionaldevelopment programs.
What it reported doing in 2024
Apas provides luncheons and networking events to memberswhile providing speakers and continuing professionaleducation credits in compliance with nasba and tsbpa.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.8%; rating input score 62
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 3.11; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -7.3% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: 13.2% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 61.8% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- 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.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.