Colorado Oil & Gas Association

Nonprofit profile at a glance

EIN
854227944
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023
Location
Evans, CO, USA
Phone
3039012373
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$114,973
Expenses
$95,302
Assets
$88,546

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • KRISTI BUESCHER (PRESIDENT)
  • CASEY LAURER (VICE PRESIDENT)

People named in this filing

  • KRISTI BUESCHER (PRESIDENT)
  • CASEY LAURER (VICE PRESIDENT)
  • LAURA DOUGHTY (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Colorado Oil & Gas Association - North central Chapters (NCC-COGA) purpose is tp foster and promote the beneficial, efficient, responsible, and environmentally sound developement, production, and use of Colorado oil and gas.

What it reported doing in 2023

Provide 12 scholarships to north central Colorado graduating seniors with excellant grades, test schores and essays describing hoe oil and gas have positively affected thier lives. Doanate to locale charitable organizations providing servoces to underserved and disproportionality impacted communities in the name of our organization to promote the benefits of energy in north central Colorado. Sponsor a large mulit-day community event to reach a large audience about the positive benefits of local development of enery in the area. Host three fundraising events (chili cook, golf tournament, sprting clays) to drive ncc coga membership and raise funds to support our mission.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.9%; rating input score 78
  • Program expense ratio: 94%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 17.1%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 17.6% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 25% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 77.9% of revenue deployed · 94% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $90K in reported program spending
  • Leadership: top reported pay $0 · 20 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 56/100.