GOMUG Inc

Nonprofit profile at a glance

EIN
273118471
IRS 990-EZ coverage
2012–2022
Forms available
Form 990-EZ 2022
Location
Houston, TX, USA
Phone
2819612377
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$79,314
Expenses
$71,407
Assets
$119,679

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Joseph Fluder (President)

People named in this filing

  • Joseph Fluder (President)
  • Dave Turner (Secretary)
  • Matt Logsdon (Director)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote and advance safety, reliability, maintenance and cost managementexcellence across the oil and gas industry through mutual education, dissemination of technical and non-technical information, better practicessharing, education, exchange of ideas and open discussions.

What it reported doing in 2022

We hold the gomaximo annual conference and training for a week in eitherthe months of august, september, or october. The conference emphasizes useof the ibm maximo system in the oil and gas industry through integratedoperations and maintenance and the effective use of resourcescollaboratingbetween operations, engineering and maintanence to keep yourequipment ready to perform when it is needed to elevate safety andenvironmental performance to be able to take advantage of futureopportunities. Gomaximo development and the state of asset management inthe oil and gas industry to safety and performance.

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
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

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

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 53
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 89.9%; rating input score 90

Transparency & Controls

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

Sustainability

  • Operating margin: 10%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 1.68; rating input score 57; 57th 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: 0.8% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: -6.2% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: 0.2% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 81% of revenue deployed · 89.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $64K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 10 filing years from 2012 to 2022
  • 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: Total-asset coverage ratio scored 57/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.